Business Advisory
How Becoming Unattached Helps Us Achieve What We Want
If you had a thousand pumpkins seeds and you kept all of them and did nothing with them, how many will you finish up with?
Now, if you plant ten of those thousand pumpkin seeds, they grow and produce pumpkins, how many pumpkin seeds will you finish up with?
By becoming unattached from the thousand seeds you would be able to achieve more – right!
Now think of this concept in relation to referrals to grow your business. If you and colleagues / business networks approach giving referrals with no other expectations other than giving the referral, overtime you will receive referrals. That is, let yourself become unattached from referrals and if everyone else takes the same approach, then everyone should receive.
To explain this a bit more, let’s assume that there are 20 members in attendance at your regular networking group and everyone chose only to refer if they received a referral back, how many referrals would you expect to be given. I’d suggest not many – if any.
Yet if everyone all approach referral giving with no attachment to receiving a referral I suggest there would be at least 20 referrals given within the group. That is, group members would be receiving referrals even though they had no expectation of receiving them.
Ok, it does not mean that each meeting every member receives a referral, however, it does mean that everyone is in the mind set of giving referrals rather than the expectation of receiving – and it will be everyone’s turn to receive at some point.
What the becoming unattached does is frees up our capacity to refer by removing barriers that prevent us from referring. If I were to remain attached to my referrals, how can I ever be sure that if I give a referral I will get one back? I can’t, however, why would anyone want to give me a referral if they held the same attachment to theirs.
Giving referrals without attachment builds trust between colleagues / network partners, promotes the willingness to refer and contributes to creating long-term relationships.
If you want more of something, try giving some of it away.
Balanix Solutions – Taxation | Accounting | Business Advice.
Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.
Media-Press “Pine Rivers Press – 11 June 2015” – Strathpine’s Main Strip Misses Out on Upgrade Again
Lach Thompson and Bernie Dowling report in their article “Strathpine’s Main Strip Misses Out on Upgrade Again” (Pine Rivers Press – 11 June 2015) that the plans to fix Strathpine’s main strip have been mothballed with the Moreton Bay Regional Council instead choosing to focus on plans to bring a university to Petrie.
As many Pine Rivers / Strathpine community members would know, the strip was to benefit from the Strathpine 2031 Masterplan and the Gateway Project.
David Balwin from Balanix Solutions commented in the article that traffic problems and poor shop-front exposure were two issues the council needed to take action on. “At the end of the day, both business owners and council benefit if we have a healthy working environment here” David said.
Read the full article here –
Balanix Solutions – Taxation | Accounting | Business Advise.
Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.
Call us today … we can help (07 3264 4783)
Business Planning – What Do We Include and How Does It Look

Caring Cottage Vision Board
In a previous blog, business owners who are members of the Albany Creek Business Contacts discussed whether businesses really need to undertake business planning (“We Know We Should, So Why Then Don’t We?” https://balanixsolutions.com.au/we-know-we-should-so-why-then-dont-we/ ). It was agreed that businesses did need plans and that business planning needed to be more than just “in our head”. However, it was also agreed that business planning and plans could take various forms with various detail to support and meet the needs of the individual business.
So, what do business owners believe are the critical information to be contained in plans and what can they look like?
In relation to content, the following was proposed:
- Real and enduring purpose – this needs to be clearly stated so every decision you make must support this purpose.
- Stakeholder analysis – stakeholders include clients, suppliers, owners and staff.
- Marketing/Advertising/Sponsorship plan.
- Cashflow/Budget/Revenue & Expense analysis.
- Risk Management/Contingency Plan
- Pricing/Price Structure (eg, current pricing and planning for future increase)
- Staff – roles/nature of employment (eg, part-time, full-time, contract etc)
- Responsibilities and timeframes – ie, who is going to do what by when.
So what does the Business Plan need to look like? Well, in a nutshell – whatever suits you and your business, that you are going to use – whatever makes it visible!
Whenever business planning is mentioned images of 50+ page documents, which sit in a draw, never get used and collect dust, emerge. But this doesn’t have to be – they can take whatever form that makes sense to a business owner and enables them to run and grow their business. Suggested mediums that business use include:
- Vision Boards (like the one Kirsty has above)
- Operational Boards – eg, Marketing Board, Operations Board, IT Board etc
- Notebook
- iPad/Tablet/Phone
- Mind Map
- Whiteboard
The thing is successful businesses need to have direction and plans. However, those plans need to support the business not hinder.
(Blog contributors – Leonard Whittaker (Action Cycle Learning) Rob Carmody (Australian Integrated Communications) Sally Balwin (Balanix Solutions) Kathy Patterson (Brendale Stationery Supplies) Matthew Fox (Brisbane hosting & Web Design) Kirsty Newbery (Caring Cottage) Brad Davies (Conquest Pest & Termite Control) Scott Deaves (David Deane Real Estate) De Wet van der Nest (Express Air Con Cleaning) Oriano Giammichele (GT Racing, Mobile Mechanic) Stuart Bywater (Bywater Design) Rhennen Ford (Streten Mason Lawyers) Tracey Carter (Scrub Mutts) Jason Matthey (Insurance Web) Damien Jenkins (Australian Unity, North Lakes) Anne-Louise Underwood (SMS Toolkits) Bruce Hall (Wombat Electrical)
Albany Creek Business Contacts consists of local quality and reliable businesses who provide a wide range of services from home and residential services to B2B and commercial services. Our service areas cover primarily Albany Creek, Eatons Hill, Brendale, Aspley, Warner, Chermside, Strathpine, North Lakes. However many members will cover greater areas.
Albany Creek Business Contacts meet fortnightly on a Wednesday morning for a 7am breakfast and networking meeting.
Balanix Solutions – Taxation | Accounting | Business Advise.
Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.
Call us today … we can help (07 3264 4783)
Next 12 Months Focus for SMEs
At the beginning of each calendar year, the Western Australia’s Small Business Development Corporation (SBDC) surveys a sample of small business operators to determine how they expect their business to be impacted over the coming 12 month period (Link to SBDC survey results http://www.smallbusiness.wa.gov.au/business-in-wa/what-is-a-small-business/business-expectations-survey-2015/ ). This got me thinking about, now that we are 3 months into the calendar year and with 3 months left to the start of the 2015-2016 financial year (to plan and develop strategies), what do business owners think the next 12-18 months will look like? – what are the impacts on Small to Medium Enterprises (SMEs) and what should SMEs be focusing on to survive and proper?
Here’s what the brain trust (that is the Albany Creek Business Contacts) discussed.
- Cashflow Management: there was general agreement that cashflow management would still be a high focus for SMEs ensuring that a long term management of expected cash in and cash out is managed.
- Price of Service/Product –v- price of materials/supply: with fluctuating fuel prices, increased electricity prices etc discussion highlighted the need for SMEs to monitor the price of materials and other services/products purchased to ensure margins are maintained in the supply of the SME’s product or service. Comments focussed on ensuring sound buying behaviours to ensure viability of the business.
- Service: generally, consumers will not haggle over price if they believe they are getting value for money and good service. Maintaining good client/customer service and relationships will continue to be a vital point of difference for SMEs. We all know what it is like dealing with large Telcos/large organisations – being smaller and more personable can be a significant advantage.
- Technology: technology will continue to be a focus for most businesses. With the continuous rapid change in technology, SMEs need to be constantly monitoring what is available, and what will cost effectively add value to the business.
- Change: the old adage that “the only things certain in life are taxes and death” has a new room-mate – change. All industries are under constant change and the challenge for SMEs is to keep on top of it and determine what to respond to, what not to respond to and, if appropriate, how to be the change initiator and/or leader.
- Diversity: SMEs need to continuously monitor their client/customer needs and diversify (if need be) to remain relevant. By way of example, with many businesses moving towards “paperless” stationery suppliers have diversified to offer broader “office supplies” such as cleaning products and safety equipment in addition to traditional stationery supplies.
- Overseas Outsourcing: SMEs need to be monitoring the growing opportunities to source services and products overseas. Again, SMEs need to understand and be able to communicate their point of difference to compete.
- Be a Hunter: the market is the market of the day. SMEs need to invest time, resources and strategies in continuously sourcing new clients/customers. Complacency will not win the race.
(Blog contributors – Leonard Whittaker (Action Cycle Learning) Rob Carmody (Australian Integrated Communications) Sally Balwin (Balanix Solutions) Kathy Patterson (Brendale Stationery Supplies) Matthew Fox (Brisbane hosting & Web Design) Kirsty Newbery (Caring Cottage) Brad Davies (Conquest Pest & Termite Control) Scott Deaves (David Deane Real Estate) De Wet van der Nest (Express Air Con Cleaning) Oriano Giammichele (GT Racing, Mobile Mechanic) Stuart Bywater (Bywater Design) Rhennen Ford (Streten Mason Lawyers) Tracey Carter (Scrub Mutts) Jason Matthey (Insurance Web) Bruce Hall (Wombat Electrical)
Albany Creek Business Contacts consists of local quality and reliable businesses who provide a wide range of services from home and residential services to B2B and commercial services. Our service areas cover primarily Albany Creek, Eatons Hill, Brendale, Aspley, Warner, Chermside, Strathpine, North Lakes. However many members will cover greater areas.
Albany Creek Business Contacts meet fortnightly on a Wednesday morning for a 7am breakfast and networking meeting.
Balanix Solutions – Taxation | Accounting | Business Advise.
Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.
Call us today … we can help (07 3264 4783)
Networking Groups – Why and What Makes a Good One?
Florence has decided to stop working for “the man” and branch out on her own launching “Sadie Suds – Domestic and Commercial Cleaning”. This is Florence’s first venture in business and she is looking for ways to attract customers. Marketing 101 suggests that networking is one of the best ways to grow a business. Eagerly Florence researches this “networking” thing and discovers there are a number of ways to do it – one being to join a networking group.
OK, she thinks, sounds simple enough. Google research indicates that the primary goal of many networking groups “is to generate referrals for the member’s”.
Woohoo, she thinks, that’s what we want! All I have to do is join my local networking group, turn up at meetings and the referrals will flow – simple!
Four months later, Florence is in a quandary – I have been a member of this group for 4 months now – people have started talking to me – some have shown a bit of interest in my business – but no firm referrals yet. Why isn’t it happening? Am I just in a bad one? Have I been miss led? Help!
There are many networking groups available to business owners, but what makes a good one and what happens to make them a success for members? Who better to ask than a bunch of committed members of the Albany Creek Business Contacts (ACBC) group. Here’s what they had to say –
Firstly, successful networking groups are about building personal and professional relationships not transactional relationships. What is meant here is, unsuccessful groups will focus on just handing out business cards, hard sell and pressure to refer. Yes referrals are a foundation of networking groups, but the ACBC members find that the referrals come happily if the group is focussed on getting to know each other, each other’s businesses and being prepared to give to each other – that is, build relationships with each other.
As we all know – relationships take time. Creating success in a networking group is a long term commitment and if all members are working together with similar goals and philosophy, then the group will succeed.
The group then agreed that a successful networking group must support and nurture members to be givers and sharers not takers. If business owners join groups with the sole expectation that, because they are a member of the group everyone will refer to them, then a good networking group is not for them. Members commented that the success of ACBC is around the sharing of knowledge and ideas with each other to support each other’s growth as individuals and business owners. With this giving, groups are successful when members are being honest, real and genuine with their contributions, not “flapping egos” at every opportunity.
Successful networking groups are made up of members who are prepared to get out of the group what they put in – that is, be involved, invest time in the group and the individual members, participate in discussions, events and activities and find out as much as they can about each other.
It was suggested that some of the best networking groups as those owned by the members not by a business. Successful groups feel like business communities where people are comfortable/at home with the members and are motivated to attend meetings/events/functions and have a genuine motivation to support each other’s business growth.
So, I say to Florence – give it more time, build genuine honest relationships with your fellow members, invest time and effort in the group and individual members and be prepared to share your knowledge, ideas and bumps along the business journey and you will find that others will engage with you more and more.
If the ACBC members have got it right – find this type of environment in a networking group and the referrals will flow.
(Blog contributors – Leonard Whittaker (Action Cycle Learning) Rob Carmody (Australian Integrated Communications) Sally Balwin (Balanix Solutions) Kathy Patterson (Brendale Stationery Supplies) Matthew Fox (Brisbane hosting & Web Design) Kirsty Newbery (Caring Cottage) Brad Davies (Conquest Pest & Termite Control) Scott Deaves (David Deane Real Estate) De Wet van der Nest (Express Air Con Cleaning) Oriano Giammichele (GT Racing, Mobile Mechanic) Anne-Louise Underwood (SMS Toolkits) Stuart Bywater (Bywater Design) Rhennen Ford (Streten Mason Lawyers) Tracie Palmer (Cornerstone Home Loans) Tracey Carter (Scrub Mutts) Jason Matthey (Insurance Web) Bruce Hall (Wombat Electrical)
Albany Creek Business Contacts consists of local quality and reliable businesses who provide a wide range of services from home and residential services to B2B and commercial services. Our service areas cover primarily Albany Creek, Eatons Hill, Brendale, Aspley, Warner, Chermside, Strathpine, North Lakes. However many members will cover greater areas.
Albany Creek Business Contacts meet fortnightly on a Wednesday morning for a 7am breakfast and networking meeting.
Balanix Solutions – Taxation | Accounting | Business Advise.
Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.
Call us today … we can help (07 3264 4783)



