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Inner Western Courier Thursday Not Used Anymore : March 11th 2009
MB INNER-WEST WEEKLY, Thursday, March 12, 2009 19 A winning formula: Praise for clearing out tonnes of toxic chemicals CANTERBURY Mayor Robert Furolo thanked residents for safely disposing of unwanted household chemicals last month at the council's chemical clean-out day. ''As in previous years, we collected thousands of kilograms of potentially dangerous chemicals from residents from all over our city,'' Cr Furolo said. ''This year we collected 23,845kgs -- that's over 23 tonnes -- of materials from 715 residents. ''This is a great result and an increase from last year. ''The wonderful response from local residents shows more people are becoming aware of how important it is to dispose of rubbish safely and properly,'' Cr Furolo said. ''And with nearly two thirds of those who attending using the service for the first time, our message about the dangers of storing unwanted or old chemicals is clearly getting through.'' Most of the chemicals collected included water- based and oil-based paints, as well as gas bottles, car batteries, motor oil and some photographic chemicals. Residents can attend any collection throughout Sydney throughout the year. To find our where the next collection is phone the Environment Hotline on 131 555. All credit for mobile phone recycling clean-up offer CUA (Credit Union Australia) Burwood branch is encouraging locals to do their bit for the environment following Clean Up Australia Day. CUA Acting CEO Rob Nicholls said the credit union was getting behind the annual event by offering a temporary mobile telephone recycling service through all CUA branches. ''We encourage locals to bring in their old mobile phones to the CUA Burwood branch for recycling until March 31. The phone does not have to be in working order,'' he said. ''All mobile phones will then be recycled through Clean Up Australia's recycling program.'' To recycle your old mobile phone visit CUA Burwood branch or visit www.cuaday.com.au, or phone 133 282. SIP AND CELEBRATE AT CANADA BAY'S TEA FESTIVAL! Event info 9911 6555 or www.canadabay.nsw.gov.au 12pm - 4pm, Sunday 29 March, McIlwaine Park, Rhodes • Access from Concord Road • Free parking available but please walk, cycle or use public transport to travel to Bay Day where possible • This is a smoke-free event • Please recycle and use bins correctly A free tea festival for the whole family, Bay Day celebrates tea's history in Canada Bay and the way different cultures love and enjoy one of the world's most popular beverages. Presented by Principal Sponsor • Tea garden with tea ceremonies, displays and tea inspired food • Tea leaf reading • Kids performers and activities in the Little Tea Party • Tasting and Products in the Tea Market and the World Tea Tent • Family entertainment on the Main Stage Bullet-proofing your business. With all of the doom and gloom in the headlines right now, small business owners have a right to be worried. But are things really as dark as they've been painted? If ever Australia was the lucky country, now's the time. Where many other major economies are already in recession, it's still possible we may escape relatively unscathed. "A global recession is underway," says Michael Blythe, Commonwealth Bank Chief Economist. "Australia is not immune. But we should fare better than most." The truth is that small businesses face uncertain economic conditions every day of the week. That's why it's important to make sure the fundamentals of your business are right. In an environment like this, strong businesses will survive and prosper, perhaps at the expense of their less organised competitors. In the words of the world's richest man, Warren Buffett, "It's only when the tide goes out that you learn who's been swimming naked"! To help make sure you don't get caught out, here are 10 tips for bullet-proofing your business. No matter what sort of business banking solution you're looking for our Local Business Bankers can help 24 hours a day, 7 days a week. They make it their business to know your business. In fact, many of them have been business owners themselves so they know what they're on about. To find out how we can help your business, contact us today. Call 13 1998. Cash flow 1. Review your accounts receivables process. Make sure you're invoicing promptly and following up overdue accounts. 2. Make it easy for your customers to pay electronically --- by BPAY, funds transfer, or card. Finance 3. If possible, keep between two and six months expenses in reserve. 4. Put finance facilities in place now --- don't wait until conditions tighten. Costs 5. Track key numbers, such as sales per staff member. If sales fall, scale down appropriately. 6. Create a cost-control culture. Ask your staff for cost-saving ideas. Sales 7. Create early-warning systems to monitor any drop in sales. Use forward-looking indicators, such as the number of leads. 8. Make sure you have a great customer management database. Identify and target your most profitable customers. 9. Don't stop marketing --- but make sure your marketing is targeted. Identify pain points that your clients may be feeling and offer solutions. 10. When you're sure your business is operating at maximum efficiency, start chasing new customers! As Warren Buffett says, "Be fearful when others are greedy and greedy when others are fearful". Commonwealth Bank of Australia ABN 48 123 123 124. CBABM0410_E
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