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Mental Health Support

2/8/2021

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mental_health.pdf
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Make sure you look after your mental health

Running a small business and the many responsibilities that owners take on can impact mental health. The disruption that a succession of natural disasters and COVID-19 has brought to many businesses has magnified stress and anxiety levels for many business owners across NSW.

Fortunately, there is plenty of support available to help you prioritise and look after your mental wellbeing.

Find out how you can help look after your mental health and where to find further support by downloading the Mental Health PDF. 

You can also reach out to one of our Business Advisors to seek assistance with your business HERE.  Remember without YOU, there is NO business.

NSW Government help line link HERE
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Micro-Business Grants

22/7/2021

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COVID-19 Micro-business grant: if you’re a micro-business (small business, sole trader or not-for-profit organisation with annual turnover between $30,000 and $75,000) impacted by the current Greater Sydney COVID-19 restrictions, you may be able to apply for a $1,500 payment per fortnight of restrictions.  Applications will be available until the 18th of October 21.

​Eligibility
  • A turnover between $30k and $75k
  • A revenue decline of 30% or more
  • Businesses that provide the primary income source for a person associated with the business.
There are guidelines of course & if you need assistance in finding out if you are eligible & applying we have business advisors who can assist you with information regarding your claims process.    Enquire HERE

To be notified when the support program is available, you can register HERE 
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Grants up to $15,000 for eligible businesses

2/7/2021

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For more information enquire for assistance HERE
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On the 7th of July 2021, the NSW Government announced a major new grants package to help tens of thousands of small businesses and people across NSW impacted by the current COVID-19 restrictions.
With the 
current restrictions in place to protect people and keep the community safe, unfortunately businesses continue to incur costs such as rent, power and lost produce, and this will go some way to lessening that financial pain. 

Eligible businesses (including non-employing businesses such as non-employing sole traders) and not-for-profit organisations can apply for a one-off grant of $7,500 (tier one) or $10,500 (tier two) or $15,000 (tier 3) via one application:
  • $7,500 (tier one): Businesses that have experienced a decline in turnover of 30% or more due to the Public Health Orders will be eligible for a grant of $7,500.
  • $10,500 (tier two): Businesses that have experienced a decline in turnover of 50% or more due to the Public Health Orders will be eligible for a grant of $10,500.
  • $15,000 (tier three): Businesses that have experienced a decline in turnover of 70% or more due to the Public Health Orders will be eligible for a grant of $15,000
These grants are specific to Small Business who have experienced a decline in turnover (as above) due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019;

Applications have now opened & will close on the 1st of October 2021.
There are guidelines of course & if you need assistance in finding out if you are eligible & applying we have business advisors who can assist you with information regarding your claims process. 
Enquire HERE

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It's tax time again.....

3/6/2021

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To get some guidance from one of our Business advisors regarding your obligations to the ATO contact us HERE.
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The end of the financial year is an important time for your small business. You'll need to complete bookkeeping, tax returns and plan for the new financial year. Learn how to prepare for the EOFY to get your business organised and work smarter in the year ahead.

The end of financial year is just around the corner.  Before you know it your deadline to lodge will be upon you as well.
As a small business owner, preparing your business financials for end of financial year should be a crucial part of your business plan.

Here are a few tips to consider to assist you with your ATO obligations:
1. Make sure all of your documents are in current such as trusts, partnerships etc
2. Review your cashflow to allow for any applicable personal tax, BAS,  as well as any employee superannuation if applicable.
3. Towards the EOFY ensure that your record keeping is up to date.
4. Make sure that your employee information is correct including their employment status (casual, full time, part time etc) as well as any contracts you may have with them.
5. Make sure you are up to date with simple work related deductions.

There are many other things to take into consideration.   You can find more information from the ATO website HERE or for further assistance you can contact one of our business Advisors for a one on one advisory session.  Enquire HERE



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FREE Business Capability workshop

26/4/2021

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To reserve your spot, email: melinda.atkin@regional.nsw.gov.au
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Business Wellbeing - Free online training

22/4/2021

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Ben Wynn from WYNERGY

20/4/2021

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Ben Wyn & Brad Dolahenty owners of Wynergy Pty Ltd
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Business Connect Advisor Derek Tink.  Book Derek HERE
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Business Connect has helped Ben, founder of Wynergy, a solar farm installation company with his business plans which required significant capital investment. His advisor Derek Tink from NORTEC Business Connect, connected him to professional local legal and accounting services.

Ben developed a provisionally patented ‘’stock-proof’’ solar tracking system; Maximising solar energy production while cohabiting and enhancing fertile grazing and farming land.

See this awesome success story by Ben Wynn from Wynergy
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The 5 step disaster recovery plan

9/4/2021

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Disaster recovery plan   
​It is crucial to any business to have a 'Business Plan'.  This plan is there to assist you to keep your business on track and in the right direction.

In the past 2 years (or more) it has been very difficult for most business owners to come anywhere near keeping their business headed in the right direction.  One thing that may not have been in 'the plan' is a Disaster recover plan.   

Preparing for disaster could mean the difference between your business being back up and running two days after a disaster or never reopening at all

​
Step 1: Know your risk
Step 2: Plan now for what you will do
Step 3: Get your business ready
Step 4: Be aware
Step 5: Look out for each other


Now more than ever, are you disaster ready?   For more information go to the downloadable PDF below to get your
"Get ready toolkit 5 step plan".

Downloadable PDF below.
get_ready_business_toolkit.pdf
File Size: 3560 kb
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click HERE for assistance
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Flood disaster recovery grants

9/4/2021

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Flood disaster recovery small business grant:

Small businesses and non-profit organisations directly impacted by the NSW storms and floods from 10 March 2021 onwards may be eligible for a flood disaster recovery grant.

The small business or non-profit organisation must be in a defined disaster area to be eligible.

The flood disaster recovery grant of up to $50,000 is to help pay for the costs of clean-up and reinstatement of a small business or not-for-profit organisation’s operations.    Applications will open mid-April 2021 .   

Disaster recovery for primary producers:

A disaster recovery grant of up to $75,000 is available to eligible primary producers in local government areas affected by the NSW storms and floods that occurred from 10 March 2021.


If you would like further information & assistance regarding your eligibility and application contact us on the enquiry form below..
ENQUIRE HERE
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Refresh & Renew Tourism fund  -  Applications close 31st March 2021

17/3/2021

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​Due to COVID-19, many people, who would traditionally travel to overseas destinations for their holiday, will now be travelling domestically to regional NSW destinations. To assist regional NSW tourism businesses to better meet consumer expectations, grants are now available to assist regional NSW tourism operators Refresh and Renew their product.

A grant of $10,000 excluding GST is available per applicant. The grants do not require funding to be matched, however the work proposed must cost at least $10,000 excluding GST. 

Eligible applicants include cafes, bars, restaurants, accredited visitor information centres, hotels, motels, caravan parks, visitor attractions, museums, galleries, conference and event centres or facilities.
Work could include fresh paint, new curtains, new carpet, new furniture, bedspreads, TVs, beds, upgrades to facilities such as a new reception area, bar, display cabinets, etc. 


To find out more send an enquiry HERE or you can book our Tourism specialist Business Connect Advisor Jennifer Lloyd direct HERE.
Want to know more about Jennifer Lloyd ? Click HERE

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    Small Business Solutions Team

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