TAFE Queensland has helped hundreds of small businesses across the state that have been impacted by COVID-19 through its free financial resilience webinars.

Many Brisbane-based small business attended the free financial resilience webinars, receiving information on managing cash flows and how to formulate business strategies in response to the pandemic.

TAFE Queensland General Manager for Brisbane, Dr Paul Wilson said the feedback he’s received has been overwhelmingly positive, with many business owners finishing the webinars with a sense of clarity and confidence.

“We were happy to play our part to ensure small businesses from all over Brisbane had access to the information and tools they needed to keep operating during these unprecedented times,” Dr Wilson said.

“Each webinar was tailored specifically to the Brisbane region and delivered by local facilitators with knowledge of the local market."

“By helping these businesses understand what government assistance they had access to and how to operate during these difficult times, we helped give them certainty and clarity about what they can do to mitigate the effects of this crisis.”

Owner of Deagon-based stable Michael Lakey Racing, Janelle Lakey, praised how quickly TAFE Queensland were able to offer the webinars and the value they provided to her family business.

“I was staying up at night with anxiety and confusion about how to get the government stimulus and keep us going,” Mrs Lakey said.

“Having never done a webinar before, I didn't know what to expect. But I came out with a clear sense of direction, feeling more at ease and with a lot more confidence about what to do to keep us on track,” she said.

“During the webinar I took a lot of notes, downloaded the tools and approached everything step-by-step. We quickly knew what path to take and applied for the government’s Job Keeper subsidy."

“These webinars were vital for businesses like ours. We can’t employ an accountant to do it for us, so it was great to do the work ourselves, know that we’re compliant, and apply for government assistance,” said Mrs Lakey.

Dr Wilson was encouraged to see the high number of small business owners attending the free webinars to make the most of the information available to them.

“They received the guidance, tools and information they needed to formulate a plan, identify risks, and build financial skills to help mitigate the impact of COVID-19,” he said.

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