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Inner Western Courier Thursday Not Used Anymore : March 11th 2009
MB INNER-WEST WEEKLY, Thursday, March 12, 2009 11 NEWS www.innerwestweekly.com.au Credit crunch is on agenda FIONA BRADY Ciccio (Francesco Totaro) in his kitchen before he moved to Haberfield. Picture: PHIL BLATCH ~pP242453 THE credit crunch is starting to bite for local businesses, but help is on the way. On May 1 and 2, Inner West councils are hosting a Small Busi- ness Expo entitled Surviving the Economic Crisis. It will include workshops, ad- vice sessions and networking opportunities. The participating councils are Canada Bay, Ashfield, Leichhardt, Burwood and Strathfield. One Five Dock restaurateur de- scribed an appalling Saturday night's trading when he served just five customers. The owner of Ciccio's Kitchen restaurant on Great North Rd, Francesco ''Ciccio'' Totaro, said he'd been losing money since before Christmas, but one night in early February was particularly bleak. ''Five people, five pastas,'' he said. ''The worst ever. Usually Saturday is always full.'' Mr Totaro, 60, even tried introducing a ''credit crunch lunch'' to bring in custom. ''I put a special outside for $12 and still didn't get any people,'' he said. Two weeks ago the veteran restaurateur relocated his busi- ness to a cheaper premises in Ramsay St, Haberfield. After re-opening last week he said trading was ''good''. But restaurants aren't the only businesses feeling the pinch. Wareemba newsagency owner Danny Quaratiello said he had noticed a downturn in spending over the past month. ''If people were spending $20 on a lottery ticket, they're now spend- ing $10,'' he said. ''They're not buying their monthly magazines as often.'' But will she be there? ONE of Australia's leading busi- ness authors, Louise Woodbury, is speaking at Concord Library tonight (Thursday). The Invisible Entrepreneur, the book she co-authored with William de Ora, advises business owners how to run a thriving business without having to be there all the time. It's good reading for anyone who dreams of transforming a small-to-medium-sized business into a lucrative organisation, without day-to-day input. At the event, Ms Woodbury will outline the concepts of her book, read excerpts, discuss her ideas and respond to questions. This is a Small Business Book Club event -- a partnership be- tween the NSW Department of State and Regional Development and Canada Bay Council. Small Business Minister Steve Whan said local libraries were a great source of information for small business operators. ''They provide handy access to the internet, as well as a wide range of research facilities,'' he said. This free event begins at 7pm. Light refreshments will be served and bookings are essen- tial. To book, contact Canada Bay Council's economic development team on 9911 6524 or email email@example.com For further information about the Small Business Book Club go to www.smallbiz.nsw.gov.au/ bookclub Get a great price in the Inner West. Love the Inner West? Well, we're making it even better. NRMA Insurance is offering great prices on Car Insurance to those lucky enough to live here. You can even save an additional 12.5% on both your Car and Home Insurance when you combine them with our CTP Greenslip and NRMA Motoring & Services Membership*. To unbreak the bank, speak to us today. Visit us or call 132 132 NRMA Burwood 34 Belmore Street (near the RTA) Insurance issued by Insurance Australia Limited trading as NRMA Insurance. When making decisions about the product you should consider the Product Disclosure Statement available from NRMA Insurance. For existing policies, discount applies from the date of next renewal. *NRMA Membership is provided by National Roads and Motorist's Association, trading as NRMA Motoring & Services, which is independent from NRMA Insurance. Excludes ClubCare, Taxi and BusinessWise memberships. NRMA0397/UCI/IWW Un-e xpensive CAR insurance.
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