The FRANK Team is recruiting!

WANTED: enterprising young people and young entrepreneurs to run career, business and community workshops for young people in the Sydney area!

Must have:
Facilitation and/or training experience
Awesome presentation skills
Inspiring, energetic attitude
Experience in running a business AND/OR
Experience in running community projects, being involved at a community level AND/OR
A track record of achievements (e.g. excelling in your career)

Contact Anna for a full job description - anna@frankteam.com.au

We are looking forward to hearing from you!

Anna LaGrassa

Head of Production

The FRANK Team

For the latest entrepreneurial & career tips head to www.frankteam.com.au/blog
workshops l guest speaking l resources l for enterprising young people and corporates

p l 02 9966 4333 f l 02 9966 4322 e l anna@frankteam.com.au

www.frankteam.com.au www.frankmag.com.au The Frank Team Pty Ltd ACN: 104 841 447

The FRANK Team provides creative education solutions that inspire and empower people to make their career, business and community goals a reality.

Their authentic, fun and innovative skills training, guest speakers and resources are especially designed for young people and corporates.

Traddies Opportunity

So who wants to take up this opportunity? It is a great online business to set up, or improve existing ones!

The average time between the decision to engage a tradesperson, agreeing to a contract and getting the tradie to your font door takes 11 hours, research by WHoCanDo has found. Just putting together a list of tradespeople to call takes 47 minutes.

How can this be done better? Do you have an innovative solution that the customer is just waiting to use?

We recently found www.elance.com and www.serviceseeking.com.au when looking for a web developer for a few small jobs we needed doing. Service seeking has proven to throw up some good options for us, and it only took a few minutes to upload our job requirement! Would be great to have a ranking system like ebay to see how other people who have used them have found their services! That would really help!

Free Business Advice

You heard about the Australian Industry Productivity Centres (AIPC)?
Well they are govt funded manned by business advisers. You can get a free business review and find out about matching grants of up to $20,000 to assist you business.
You have to google and find the one in your state. This is the Victorian one http://www.vecci.org.au/professional+services/aipc/index1.asp and then QLD one http://www.improvegroup.com.au/AIPC.html
Not sure of the quality of the advice. Perhaps if you have used them you could let us all know!

I know what it is like when you are starting and you would really LOVE some help, but all of the consultants charge a bundle of cash that you just don't have!!! So this could really help for your start up, development or growth. So check it out!

The Top 10 Legal Pitfalls of Business

When you put so much of your heart, soul and time into your business, you want to make sure it will not all be taken away from you. Being an entrepreneur often means that we live in the world of ideas, rather then details. However, correctly setting up the legal details of your business will help to ensure your hard earned sweat will remain for your benefit.

BRW Jan 10 - Feb 6 2008 lists these as the Top 10 Legal Pitfalls for Small Business.

1. You die unexpectedly and your business stops dead too. Have a will with a clause allowing a trustee to take over.
2. Your business is sued and your personal assets are up for grabs. Check that your legal structure of your business protects your personal assets from business problems.
3. You don't have a shareholder/partnership agreement.
4. You don't have terms and conditions written in your dealings with clients, customers or employees.
5. You fail to protect your IP. Use licenses, apply for patents, non disclosure & confidentiality agreements etc
6. You don't have written contracts with your employees, ensuring there are clauses about confidentiality and stealing customers.
7. You don't read the small print on important contracts. When you sign it, you are stuck with it, so READ it!
8. You fail to protect your business/product names with trademarks, and URL domain names close to yours.

I can see that I need to add terms and conditions to our customer booking forms, add to my will for a trustee and always read the small print on the contracts no matter how long it takes!

So how is the legal side of your business shaping up?

Cash Up with Online Ordering

Ecommerce is booming. A total of $56.7billion in online trade was conducted in 2005 -06, even though only 29.8 % of Australian businesses had a website. There were about 150,000 businesses taking orders online, at an average of $378,000. (Source ABS)
That is some serious cash being made online.
The main consumer categories are travel, computer hardware and software, nooks, music and video.
So, firstly do you have a website? And then, what can you sell online to take advantage of this move by customers to buy online?