Cost of Doing Business Workshop Series

Practical Tips for Business Success

TCCI in partnership with industry experts is pleased to present a Workshop Series on cost management to strengthen your business's financial sustainability.

Running a business in today’s tough economic climate can be challenging, but there are ways to stay ahead.

Our "Cost of Doing Business Series" is here to help small to medium-sized businesses tackle rising costs and boost profitability.

Across five practical workshops, you’ll get straightforward advice from industry experts on managing expenses, making the most of what you already have, and making smarter financial decisions.

Whether you want to streamline your operations or strengthen your bottom line, this series offers the practical tools and insights you need to succeed in Tasmania's business landscape.

Join us and learn how to keep your business strong and growing.

Cost of full series: FREE for Members and $500 for non-members.

Not yet a member? Join us at a BASICS level for just $440 to receive the full series for free plus a range of other benefits. Learn more HERE.

Workshop 1: Managing Costs – Practical Strategies for Business Sustainability

1st October 2024 - 10am - 11.30am

Cost of single session: Members (Free) Non-Members ($100) - purchase tickets here.

In today’s challenging economic environment, effective cost management is essential for the survival and growth of small to medium-sized businesses.

Join us for the first session in our "Cost of Doing Business Series," where we’ll explore practical strategies to help you analyse, reduce, and manage your business expenses more effectively.

We’ll be joined by our special guest experts – Izaak De Winter from Bentleys Tasmania and Alex Townsend from Choice Energy.

During this workshop, you’ll learn:

Best practices for analysing and reviewing your business expenses.
Strategies for eliminating unnecessary costs and managing essential ones efficiently.
Proven negotiation techniques to help you reduce supplier costs.
How to save money on your energy bills

Whether you’re looking to streamline your operations or improve your bottom line, this workshop will equip you with the tools and knowledge you need to make informed decisions and manage your costs effectively.

Workshop 2: Leverage Existing Opportunities

18th October 2024 10am - 11.30am

Cost of single session: Members (Free) Non-Members ($100) - purchase tickets here.

In the current economic climate, making the most of what you already have can be the key to sustainability and growth in your business.

Join us for the second session in our "Cost of Doing Business Series," where we’ll explore strategies to leverage existing resources, retain customers, and prioritise profitability.

We’ll be joined by our special guest expert

This workshop will help you identify the "low-hanging fruit" within your business—those easily accessible opportunities that can quickly boost your bottom line.

During this workshop, you’ll learn:

Techniques for identifying and maximising underutilised opportunities.
Strategies to retain customers and enhance loyalty.
How to prioritise profitability by focusing on what works.
Practical time management methods to keep your business on track.

Whether you’re looking to make the most of your current assets or seeking ways to optimise your operations, this workshop will equip you with the knowledge and strategies to leverage existing opportunities.

Workshop 3: Talking Pricing

29th October - 10am - 11.30am

Cost of single session: Members (Free) Non-Members ($100) - purchase tickets here.

Setting the right price is key to your business’s profitability and growth, but knowing how to make a start and finding the perfect balance can be challenging.

Join us for the third session in our "Cost of Doing Business Series," where alongside special guest Nik Preece from Rural Business Tasmania, we’ll dive into the art and science of pricing strategies.

This workshop is designed to help you understand the different costs involved in pricing, choose the right pricing model for your business, and effectively communicate pricing changes to your customers and team.

In this workshop you’ll learn:

How to identify and factor in all costs when setting prices.
An overview of different pricing strategies and how to choose the best one for your business.
Tips for communicating price increases effectively to your team and customers.
How to tackle price changes moving forward.

Whether you’re looking to refine your current pricing strategy or learn new techniques to maximise profitability, this workshop will provide you with the tools and insights needed to make informed pricing decisions.

Workshop 4 - Insource or Outsource

12th November 2024 - 10am - 11.30am

Cost of single session: Members (Free) Non-Members ($100) - purchase tickets here.

Deciding whether to keep tasks in-house or outsource them can be a game-changer for your business.

Join us for the fourth session in our "Cost of Doing Business Series," where we’ll explore the key factors that influence this crucial decision and provide practical strategies for optimising your business operations.

In this workshop, you’ll learn how to assess which tasks are best kept within your business and which can be more efficiently handled by external service providers.

Our special guest, Robin Allardice from Bentleys Tasmania, will share real-world examples and actionable advice to help you decide whether insourcing or outsourcing is the best path for your business.

During the workshop you’ll learn:

Criteria for deciding whether to insource or outsource tasks.
How to perform a cost-benefit analysis to evaluate your options.
Tips for selecting and managing service providers to ensure quality and cost-efficiency.
Understanding the pros and cons of insourcing and outsourcing for your business.

Whether you're looking to streamline operations, reduce costs, or focus on your core strengths, this workshop will equip you with the knowledge to make smart, strategic decisions.

Workshop 5: Financial SWOT

26th November 2024 - 10am to 11.30am

Cost of single session: Members (Free) Non-Members ($100) - purchase tickets here.

Understanding your business's financial landscape is crucial to navigating challenges and seizing growth opportunities.

Join us for the final session in our "Cost of Doing Business Series," where alongside our special guest, Stephen Hansen from Rural Business Tasmania, we’ll dive into conducting a Financial SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to help you better understand and improve your financial health.

In this workshop you’ll learn:

How to identify your financial strengths and weaknesses.
Strategies for recognising opportunities and mitigating financial threats.
Developing a strategic action plan based on your SWOT findings.
Understanding and managing Cost of Goods Sold (COGS) to improve profitability.

Whether you’re looking to strengthen your financial strategy or enhance your business’s resilience, this workshop will provide the knowledge and tools you need to succeed.