Looking for Grants to help your business?
At The Coffee Commune, we are dedicated to making our member’s lives easier.
Please see a short list of this month’s helpful grants and links that can be beneficial to your business and well-being.
LINKS
From Office of the Queensland Small Business Commissioner
Injury Prevention and Management
The free IPAM program, through an advisor, can help small businesses to develop and implement sustainable health, safety and injury management systems, which will help boost productivity. See their presentation here, or email workplaceassistance@oir.qld.gov.au
Lease Agreements
Lease agreements often require tenants to provide security, such as cash bonds or bank guarantees. Disputes over bond returns or disputed claims on bank guarantees are among the most common issues we hear about. Understanding the rules for commercial and retail bonds can help avoid disputes. Here’s what you need to know:
- In Queensland, there’s no legislative requirement for a specific manner of holding lease security or for registering it with a government body or solicitor.
- The value of the security is not regulated by legislation, which allows flexibility in lease agreements.
- Unlike residential tenancies, there’s no set timeframe in legislation for the return of a commercial lease security.
- In disputes over bond or guarantees, the lease agreement is the primary source of law.
The office of QSBC offer mediation services for these disputes, but often parties resolve them independently with information about how commercial and retail bond returns are governed.
You might find their Security for Lease factsheet useful. If you still need help to resolve a business dispute relating to a commercial leasing matter, contact us today.
The Value of a Trademark
A registered trade mark can be used to protect anything that identifies your business such as a brand name, logo, distinctive phrase, letter, number, colour, sound, smell, shape, picture, movement, or aspect of packaging.
Registering your trade mark gives you:
- a business asset: the more successful your business becomes, the more valuable your trade mark becomes.
- the legal right to use the ® symbol next to your trade mark
- exclusive rights to use your trade mark in Australia.
- a legal avenue to stop others using your trade mark.
- the ability to sell your trade mark or license it to others for a fee.
Intellectual Property Australia’s free TM Checker tool makes it easier to check if a business name, phrase, or logo trademark can be registered. An initial check only takes a few minutes, then you can use the tool to apply from $330.
Small Business Restructures Assistance
A Small Business Restructure is an ATO-led initiative that allows businesses to reduce debts and create a roadmap back to success in only 35 business days.
The Small Business Restructure Process (SBRP) is a government- legislated option for small businesses in Australia that are struggling with cash flow. It allows business owners to appoint a Small Business Restructuring Practitioner to develop a restructuring plan approved by the ATO and other creditors.
The plan involves debt reduction and other measures so you can get your business back on track and keep trading.
The Small Business Restructure Process (SBRP) is a government – legislated option for small businesses in Australia that are struggling with cash flow. It allows business owners to appoint a Small Business Restructuring Practitioner to develop a restructuring plan approved by the ATO and other creditors.
For information and advice, please contact Peter Biazos from B & T Advisory. Ph 0404 564 997. Email: pbiazos@bandtadvisory.com.au
GRANTS
https://www.business.qld.gov.au/starting-business/advice-support/support/wellness-coaches
https://sbfcssq.org.au/business/
https://business.gov.au/grants-and-programs/small-business-cyber-resilience-service
https://grantguru.com/au/grant/telstra-best-of-business-awards
https://backtowork.initiatives.qld.gov.au/small-business-support-pool/
https://www.qic.com/Investment-Capabilities/Private-Equity/Business-Investment-Fund
https://www.treasury.qld.gov.au/programs-and-policies/
https://www.dewr.gov.au/self-employment-assistance
https://www.epw.qld.gov.au/about/initiatives/queensland-business-energy-savings-transformation
https://iba.gov.au/business/finance/business-loan/
https://www.qtic.com.au/workforce-development/industry-workforce-advisor-program/
https://ecobiz.businesschamberqld.com.au/
Grants and Assistance – end dates
https://www.business.qld.gov.au/running-business/energy-business/energy-efficiency-rebate ends 30 June 2025 30 June 2025
https://www.bizcover.com.au/bizgiver/ 15th May 2024
https://www.business.qld.gov.au/starting-business/advice-support/grants/growth-fund 14th May 2024