Pilot Program - Basics of Business Acumen

The program will equip businesses with the foundations of business acumen using a personalised and collaborative approach including:

• Business health checks

• Workshops

• One-on-one coaching

• Interactive peer-support environment

Key program topics
Understanding business fundamentals

• Financial management, including budgeting and cash flow

• Insurance considerations and risk management

• Business structure and legal obligations

• Understanding business expenses and cost management

• Tax obligations and compliance

Developing a business strategy for implementation

• Vision and strategic development for sustainable growth

• Identifying target markets and expanding reach

• Financial planning to execute growth plan

• Continual review and adaptation of the business plan to grow with changing circumstances

The program is subsidised by the City of Gold Coast and delivered by a leading consulting firm to a cohort of 25 businesses from the northern Gold Coast.

Participants contribute only $220 each to the consulting firm (valued at more than $1600 per participant).

Eligibility

Participants must:

• Be an established small business based on the northern Gold Coast

• Provide a product or service that meets a demonstrated market need

• Need a review of your business plan, financials and target markets

• Have capacity to expand

• Have been operating for two or more consecutive years

• Employ zero to five FTE employees

• Demonstrate a minimum of $150,000 annual turnover in the most recent financial year

The program has strictly limited places for businesses which satisfy the above criteria. Successful applicants are selected at the consultant's discretion using an objective assessment process, based on the expression of interest.

Express your interest via this link HERE 

Eligibility enquiries close on Friday 20 September 2024.