Coffee Time Minutes 22th September 10


Welcome

Welcome to our new visitors.

Apologises

Selma Sancar

Who we are?

Small and Home Business owners meeting to build relationships from other SBO’s.

What is CT?

Relatively casual meeting group, where you can network, talk about business ideas and strategies, and learn from one another.

Where?

Tuggerah’s Zenith Centre.

When?

At 10.30 am on the 2nd & 4th Wednesdays of the month. Arrival 10.25 am for 10.30 am start. (Runs for about 1 hour)

Update on our Raffle?

The raffle is going around. This will go together with today’s collection to the Iris Foundation. Total $486 for the year so far. September $76

Charity Assistance

All for my family assistance for a local family in need.
- Wrist bands always available (All for my Family) $3
- 23/10/10 – Wyong Races for a night of fun (more details to follow)
If you wish to attend please contact Tarnia Gurney 02 4393 5979

Networking:
· Tony is presenting at the BNI – 29th September – if you would like to come along, please see Tony today. Topic is Small Business Insurance at the Tuggerah Lakes Golf Club – 7am Breakfast $20.
· Coffee Times: 13th & 27th October 2010
· B2B Networking end of year event
o (Camp Breakaway – San Remo)– 29th October
o Book in asap
o You can also stay the night and have breakfast the next day with everyone.
· CCWN – Luncheon for October is 21st. 12pm at Mingara
· CCWN – Luncheon and Christmas get together is November the 18th
· CCWN – Networking on the Green at Wamberal Breakers – 27th October and 24th November – if you would like to come along, please see Tarnia. Tickets will be on Sale soon

Business Awards
· Coffee Time has received a nomination and become a finalist in the Central Coast Business Achiever Awards. The awards are on the 8th November, tickets are $95, and if you’re interested in coming along, you can book online. It starts at 6.30 and goes till about 11.30 at Ettalong Memorial Club. If you would like to come and are booking, make sure to say your wish to sit with Tarnia & Michael Gurney on the Coffee Time table.

Coffee Time
· Feedback – I want to personally thank those who took the time to complete my questionnaire the other day for Coffee Time. Your contribution is greatly appreciated.

· Feedback I got was for more presentations on
§ Time management
§ Business planning
§ Marketing and advertising
§ Business development
§ Personal development
§ Gov’t grants
§ Gov’t departments
§ Work cover
§ More presentations from others in the group

· If you missed one this year that you really wanted to attend please let us know so we can reorganise for you.

Advertising with Buy Local
· B2B – online buy local $20 per month – see Blair

Education:

BEC courses evening courses - For more info contact the BEC on 4355 4885 or info@ccbec.org.au

Upcoming events in October
13th October – Decision for profit making.

Christmas Party:

We will be having our final get together on the 22nd December. We have booked into the Zenith for our Christmas party. Tickets are $39 (plus drinks – pay on the day). Numbers collected over next couple of months. And payment will be collected by 30th of November.

Wins:

Natalie Pye – Son got into CC Sports Academy
- 2 trucks are now operating
LBH Promotions - Contract for RTA won
Tony Bourke – Booked to talk at Australian Institute of Management (NSW)
Ted O’Shannessy - New leads looking good with Synergy
Rob Buckworth – Younger brother – Andy (Salt Lake City) went well with finals for extreme sports

Challenges

Internet/Bank Fraud: Melissa has discovered after having fraud committed against her business, there is no insurance to cover this and she is liable. Even after telling the bank this had occurred. During the discussion it was suggested to contact ASIC and/or the Trust Defender.

Who are you & what do you do: 30 Sec story about you

Tarnia Gurney:
Gurney Financial Services www.gurneyfinancialservices.com.au
Planningwerx4U www.planningwerx4u.com.au

Moira Bayliss:
Herbalist
moira_bayliss@gmail.com

Nicole Lothian
SOS Onsite Admin
www.sosonsiteadmin.com.au

Karen Teunissen
CRS Australia
www.crsaustralia.gov.au

Ted O’Shannessy:
Send Out Cards
www.sendoutcards.com

Tony Bourke
AIIB Insurance Brokers
www.aiib.com.au

Natalie Pye
C&N Freight
www.cnfreightsolutions.com.au

Blair Speerin
Buy Local online/ LBH Promotions/ B2B
www.b2b.com.au

Ian Roberts
The Tag & Test Man
testntag@hotkey.net.au

Julie Roberts
Contours – Lake Haven
lakehaven@contours.net.au


Melissa Cooper
Art of Intimacy
www.melcooper.com.au

Toni Fountain
Insight Health
toni_fountain@rslcom.net.au

Toni Oliver
Toni Oliver Conveyancing
tonioliver@bigpond.com

Dean Brown
Woodville Home Loans & LJ Hooker Financial Lending
www.homeloansandfinance.com.au

Bruce Clarke
Macquarie Wealth
www.macquariewealth.com

Brett O’Malley
Macquarie Wealth
www.macquariewealth.com

Simon Calder
Celtic Management Solutions
www.celticmanagement.net.au

Rob Buckworth
Interactive Telecoms
www.interactivetelecoms.com



Presentation

Brett O’Malley – Macquarie Wealth – Economic Update


What has happened over the past few years has still a way go to. But Australia is currently in a good place in the world economy.
Because of the GFS (Global Financial Crisis) and the debts associated with them, Many large businesses have consolidated debts are paying them off at high rates due the low interest rates.

The countries in the European union (Portugal, Italy, Greece, Spain) that are in major financial problems are affecting London markets and other European countries, not Australia at this time.

If you to want to invest in the stock market the minimum to start at is $500 but better off $5,000 to allow for all fees. A realistic return is between 10-15%. Do your research before going into the market. For a new investor Brett suggests utilising the top 20-50 companies. Always ensure you check with your stockbroker if you are unsure about anything.

The commodities markets in Australia are still going strong and the Australian dollar is currently at record highs. This is keeping Australia a little bit safer with the economy.

A good book to read is by Dale Giliman – How to beat managed funds by 20%.


NEXT MEETING: 22nd September 2010 at 10:30am

PRESENTING: Nicole Lothian – File Management & Data Management