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MBF President's Update July 2022


Impact


I have taken some time away to connect with family, and on my travels I noticed the impact of COVID even as the situation is easing or still going through uncertain periods in some countries, including the rising inflation.


One knock on effect of COVID is the decrease in membership of many business networks across the country. And MBF has also been affected by this.


During a committee meeting, the committee agreed that we do a survey and a Think Tank workshop.


I believe in looking for opportunities amongst the crises.


What the survey tells us


The recent MBF survey indicates:

  • A shift in behaviour due to COVID (e.g. concerns over safety)

  • Financial constraints leading to the necessity of getting a job

  • Some members took the opportunity to retire from their business

  • Owners have problems getting staff so they now have to work in their business and have time constraints

  • People are just 'busy'

Many mentioned what they appreciated about MBF in the survey:

  • Having access to local information, connections and networking

  • Collaborative, friendly and educational atmosphere

  • There was something for everyone regardless of the stage of the business

  • Referrals from members and guests

Some aspects of MBF members wanted changes in were:

  • Get new faces in

  • Duration of the Friday meetings is too long

Changes at MBF


It is clear that many business networks are affected by the effects of COVID so MBF also needs to 'readjust' some of our activities. This is primarily for two reasons:

  • To encourage new small businesses to join MBF

  • To create relevant activities that support small business owners

MBF had a Think Tank workshop on 1st July facilitated by myself and attended by Glenda Hamilton, John Clarke, Alison Carroll, Barbara Smith, Lyn Richardson, Wendy Hee, Wendy Haynes, Stephen, Selena Hata with Mark Wilson and David Storok providing insights from an 'outside MBF' perspective.

The participants were helpful with giving suggestions about how to turn things around at MBF, such as:

  • Ensure a mix of content for both new and experienced businesses

  • Convert members from the Coffee Connects

  • Change the timing and length of meetings

  • Make meetings more interactive instead of having just one speaker, podium style

  • Possibility of having a few meetings via Zoom

  • Gain a more in-depth understanding of what members do

  • Have more flexibility with events in terms of time, type, length

  • Have more opportunities to develop business connections

Reviving membership at MBF


Taking everything into consideration, the participants came up with some quick start changes that we can implement to help drive up MBF membership.


Firstly, MBF itself needs to focus on raising awareness of what we do, with a clear, consistent and inclusive message so people know we include all small businesses. The new MBF message is straight forward, thanks to Mark Wilson.

MBF supports small businesses like yours

New event trials


MBF will also trial monthly evening events with networking and learning instead of the 3-hour meetings every other month.

I will announce MBF's plans at the AGM on Friday 5th August.

MBF's Annual General Meeting


Please consider nominating for committee and help drive MBF success further.

MBF Committee Nomination Form 2022
.docx
Download DOCX • 241KB

The MBF Annual General Meeting is on Friday 5 Aug 2022. The new committee will bring forward the new MBF plan based on the recent Think Tank workshop to support small businesses better.


Please note that the AGM will be part of MBF´s regular meeting and it will be followed by a presentation on ¨How to use content effectively for website, social media and emails to attract and engage¨ by Veronica Lind of Vermilion Pinstripes - Sales Marketing Communications.


MBF AGM 2022 and marketing presentation

Date: 5th August 2022

Time: 9:00am-12:00pm

Location: Port Macquarie Panthers, 1 Bay St, Port Macquarie, NSW 2444, Australia




Upcoming Events


Meet other small business owners at MBF July Coffee Connect

Date/Time: 14th July 2022

Where: Brew Haven


Indicate if your are going here: https://www.facebook.com/events/345513121042796


Deeper Learning

Topic: Learn to enhance the running of your business with simple but effective technology tips and tricks by Barbara Smith, The Roving Trainer.

Date: 20th July 2022

Time: 6:00-8:00pm

Location: Success Tax Professionals office, 5/124 Horton Street, Port Macquarie, NSW 2444, Australia.




MBF Brochures


MBF brochures are available to anyone who wants to give to an interested business owner or for display in their premises.

MBF Brochure June 2022
.pdf
Download PDF • 1.49MB

Just as MBF has been supporting small businesses through challenging times, MBF also needs your support to keep going so small businesses in our community have a place for friendly networking, support and learning. Over the years, MBF has done a lot to make a difference in helping small businesses find their place in the business ecosystem. I trust we can continue to do this with the help of all our committee and members who bring in their invaluable skills, expertise and knowledge to enrich the growth of our community.




Veronica Lind

President

Micro Business Forum


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