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Small Business
by Virginia Wren

Small Business Services

2010 Program

Basic Bookkeeping Workshop

It is very important for any small business owner to know how to keep sound financial records but more importantly understand how to use those financial reports to make informed decisions.

This workshop is designed to provide an overview of record keeping responsibilities and provides practical exercises in the tasks required to manage a business through record keeping.

By attending this workshop you will develop an understanding of financial control and the importance of cash flow.  Practical exercises demonstrate how to treat petty cash, cash payments, cash receipts, daily bank balances and bank reconciliations

TIME:  9.30am to 12.30pm
DATE:  Tuesday 30th March 2010
COST:  $45.00 per person (light refreshments included)
VENUE: Illawarra IteC Wollongong

Small Business Basics Workshop

Are you thinking of starting a small business but confused about where to start?  The Small Business Basics workshop outlines the steps that you need to take to properly research your business idea and establish your business. You will also be provided with a plethora of free small business resources. These workshops run every fortnight in Wollongong.

TIME:  12.00pm to 1.30pm
DATE:  Wednesday 31st March
COST:  FREE!
VENUE: Illawarra ITeC Wollongong

Marketing Workshop

It is not enough to just have a fantastic product or service; you also need to be able to understand how to market your product or service to potential customers and clients.

This workshop will help you understand the different aspects of marketing, how your product / service fit into the whole market and how you can market your business more effectively?  We will discuss:

• Conducting Market Research
• Who is Your Target Market
• How to Compete Against Your Competitors and Win
• The Four Ps of Marketing
• SWOT Analysis
• Requirements of Developing a Marketing Plan

TIME:  9.30am to 12.30pm
DATE:  Wednesday 7th April 2010
COST:  $45.00 per person (light refreshments included)
VENUE: Illawarra IteC, Wollongong


Introduction to Business Planning Workshop

A good business plan will increase your chances of business success. It will help you identify your customers, market area, pricing strategies, financial and operational goals. By completing a business plan you will better understand your competitive advantages, new opportunities, current weaknesses and longer-term objectives for the business. Having a business plan is also an important requirement for gaining finance from financial institutions.

The aim of this workshop is to provide an overview of the business planning process and increase the skills of participants to enable them to complete a business plan for their business.  Business Plan templates will be provided.

TIME:  12.00pm to 1.30pm
DATE:  Wednesday 21st April 2010
COST:  $33.00 p/person (light refreshments included)
VENUE:  Illawarra ITec, Wollongong


Forecasting Your Business Financials Workshop 

Are you charging enough to make a profit in your business?
Do you really understand how to manage and forecast the financials in your business?
Illawarra ITeC has developed an easy to use spreadsheet which enables you to calculate and analyse how your business is going to perform. In this half-day workshop we will show you how to determine your: 
• Set up or expansion costs
• Advertising and promotional costs
• Variable Costs – your actual costs of providing your products and services
• Fixed costs / monthly costs – operational expenses
• Monthly sales forecast
• Projected Income for the next 12 months
• Estimated Income Tax
• Balance Sheet
• Owners Person Net Worth
TIME:  9.00am to 1:30pm
DATE:  Wednesday 28th April 2010
COST:  $95.00 per person including a copy of the ITeC
                         Financial Spreadsheet which is worth $45.00
                         Light refreshments served
VENUE: Illawarra IteC, Wollongong

BOOKINGS ARE ESSENTIAL - Phone ITeC on 4223 3100
EFTPOS Facilities are available


Virginia Wren
Business Development Manager
The Illawarra ITeC Pty Ltd
Ph: 4223 3100
Fax: 4223 3199
Email:  ibec@illawarraitec.com.au 
The Illawarra ITeC
Suite 1/336 Keira St, Wollongong 2500        
PO Box 1700
Wollongong NSW 2500

 

Virginia Wren is the Manager of the Illawarra Small Business Centre (a division of Illawarra ITeC). The Illawarra Business Advisory Service is funded by the NSW Department of State and Regional Development and provides free advice to small business start-ups and existing businesses.

 

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Updated 31-03-2010

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