Iba presentation 30 september 2016

© The artwork used in this presentation, ‘Wattle’, is courtesy of Jeremy Devitt, National Aboriginal Design Agency.

Your Business and IBA

THE WARLU WAY Destination Pilbara30 September 2016

2INDIGENOUS BUSINESS AUSTRALIA

ABOUT IBA

Our Vision and Approach


IBA can assist at each stage of the business life cycle.


Business workshops

Business Info SessionsFor people wanting to find out about starting a business, what it takes and how IBA can help

Business Start Up workshopsA one-day workshop for those who would like to refine and strengthen their business proposal prior to launching or pitching to financiers or partners

Business Growth workshopsFor existing business operators looking to successfully grow their business by avoiding the common pitfalls


Business development support

Indigenous Procurement workshopsAssists Indigenous businesses take full advantage of the Australian government’s Indigenous Procurement Policy (IPP)

Business online learningAn online learning course designed to assist customers develop and plan their business at their own pace, time and from anywhere with internet access

Business workshops

• Provided by in-house business expertise and external technical specialists• Coaching and advice tailored to assist customers achieve their goals• Business planning support, strategic growth, people management and

marketing some examples of Business development support available


Business Finance

Term Loan • working capital• purchase plant and equipment• and other commercial assets.

Structured to suit the needs of the business.

Operating LeaseAsset reliability – new assets are covered by warranties.• Helps to conserve cash in the acquisition of capital equipment• Fixed payments for the term of the lease.• Fully tax deductible payments

End of term options:- return the equipment;- upgrade it; or- extend the Agreement.•


• Are self-starters, aware of the risks and challenges of small business, client focused and good communicators.

• Have a passion to succeed, a willingness to learn, management skills and experience in their industry.

• Have operated a business and have experience managing money and budget, and a well developed business concept or plan.

• Understand the commitment required to

run a business.

Small business owners stand a greaterchance of being successful if they:

INDIGENOUS BUSINESS AUSTRALIA

‘I am smart enough to realise that I can’t do everything…So I’ve appointed team leaders from amongst my staff…people who can look after what’s happening on the factory floor…It’s a challenge, and it’s about getting the business set up correctly’.

Nicole Stewart – a proud Taungurung woman – became a second-generation owner of Complete Workwear Laundry Services.

© The artwork used in this presentation, ‘Wattle’, is courtesy of Jeremy Devitt, National Aboriginal Design Agency.

‘There’s no doubt that if wedidn’t know IBA… we would notbe where we are today.

But you need to bring something to the table in the first place. You need necessary skills and the drive to put the hard yards in’.

- Wayne McGinness, Aboriginal Steel Art


OUR REACHOur Regions

• North East Australia• South East Australia• Central Australia• West Australia

Our Service Centres

• Adelaide• Alice Springs• Brisbane• Broome• Canberra• Cairns• Darwin• Grafton• Melbourne• Perth• Sydney• Townsville


IBA Partners

ProgramPerformance & Improvement

CreditTeam

AccountManagement

Team

Start Up &Development

TeamCUSTOMER

Business Development & Assistance Program


Start-Up & Development Team

• Help to explore the viability of a business idea; identify areas that need development in terms of skills and the idea itself.

• Leverage an established network of other government agencies, non-government organisations and industry partners to connect Indigenous businesses with complimentary services and product offerings.

• Provide expert advice on how to further develop the business proposal to assist customers in applying for IBA Business Finance.

• Work on how best to structure the finance needs of a business.


Credit Team

• Provide access to expert credit assessors to stress-test the financial projections and ensure a business does not take on excessive debt.

• Identify approaches to mitigate risks associated with the business proposal.

• Determine the level and type of debt that IBA will finance for the business.

Account Management Team

• Monitor and support business performance by identifying opportunities for growth and/or areas of risk that need to be managed by the owner(s) during the operation of the business.


Program Performance & Improvement

• Monitor, review and report on performance to ensure quality services are delivered to our customers.

Stephan Ballangarry (third from left) is helping to create employment opportunities through his business, Tuff Yards Landscaping & Earthmoving.


Partnerships that support Indigenous business

Exploring opportunities

Building capability

Designing pathways

Realising opportunities

Sustaining and growing

Safeguarding

CUSTOMER

Sharing intelligence

Client Relationship Management

Working Together

Building Strong Relationships

SharingOutcomes

INDIGENOUS BUSINESS AUSTRALIA 16

iba.gov.au1800 107 107

YOUR IBA CONTACT:Perth: Jonathan WilsonPerth: Noel MorichBroome: Audrey Viljoen

http://www.iba.gov.au/

https://www.facebook.com/IndigenousBusinessAustralia

https://www.linkedin.com/company/indigenous-business-australia

https://www.youtube.com/user/ausgoviba

https://twitter.com/IndigenousBizAU

Iba presentation 30 september 2016

Business

Transcript of Iba presentation 30 september 2016