7 Steps To Modernise Your Business With A $10,000 Grant
Queensland businesses will be eligible for a second round of government funding from July 1st. The grant’s funding is aimed at small to medium businesses that have been affected by COVID-19. Grant opportunities are being made available to small business owners across Queensland.
What Makes A Business Eligible?
- Steady decline of at least 30% since March 2020
- Employ staff and have fewer than 20 employees
- Have a valid ABN, which was active as at 23 March 2020
- Have a Queensland Headquarters
- Annual turnover of over $75,000
- Payroll less than 1.3 Million
Now that we have got all of the nitty-gritty out of the way let’s begin. We want to help you modernise your business with the $10,000 grant. Therefore we have compiled seven easy steps to guide you through the process.
1. Do Your Research
It is important to do your research into the grant and make sure that you are eligible for it before you start racking up any large business bills.
Here’s what you need to do:
- Check out the Queensland Business website to confirm your eligibility for the grant
- Read the fine print
- Make sure you have the resources available to you before you spend any money
You can find more information about the grant on the Queensland Government website.
2. Make The Commitment
Congratulations, you’re eligible for the grant. Now it’s time to take the plunge and commit to it.
You’ve made the decision, not only to apply for the grant but also to improve your business.
Put aside the time to submit your application. We can even help you out if you’re overwhelmed and not sure where to start.
3. Follow The Guidelines
You’ve been trusted with the grant because the government service department believes in investing in Queensland.
Ensure you are following the guidelines of the grant. These are located on the Small Business COVID-19 Adaption Grant Program page of the Queensland Government Website.
This will give you the peace of mind that we are all working together towards a more innovative Queensland.
4. Keep Up With The Times
Consider the customer journey. Where are your customers right now?
Traditional marketing might not be good enough for your business, as it stands.
A modern business should have a solid digital marketing plan in place.
With this grant, it is time to look into new products or services that can catapult your business right into the online space.
The marketing departments for businesses should be the first port of call for implementing the grant. This is where you are going to make your sales!
Having your business displayed on digital platforms, whilst everyone is glued to their screens, will improve your brand awareness significantly.
So, are you ready to keep with the times?
5. Ask Questions
Ask yourself the important questions:
- Is your business ready to adapt and take advantage of the ever-changing climate?
- Do you have top-notch digital marketing that will bring business through online channels?
- How can you utilise the small business grant effectively?
- Have you adapted your business plan to your current situation?
These are all imperative questions to ask yourself to make sure that you will make the support program work well for your business.
6. Consider Your Costing
It is good to have a budget in mind when modernising your business. How much are you willing to spend to shift to the online space and improve your marketing strategies?
You should have a general idea of your budget, at this point, as you will have already applied for the grant.
We are happy to run you through the costs involved to implement a digital marketing plan of action for your business. Just click here.
7. Hire Professional Help
Perfecting your digital marketing strategy can be a tedious process. Perhaps you don’t have the time needed to focus on this vital area of your business.
Optimising your average position in search engines and digital media may even seem like a foreign language to you. Google Ads just not your thing?
Fear not, your digital partners are here and ready to assist you through every step of the way. We are the experts in online marketing and know all the ins and outs of a successful digital marketing campaign.
We believe in your business that is why we are offering you a FREE 30 Minute Strategy Session, Valued at $1200. Call it a little extra boost, from us, on top of your grant!
Following these seven simple steps will allow you to utilise your grant to modernise and in turn skyrocket your business.