At BPW Group (Business Plan Writers) our professional consultants specialise in developing business plans for builders’ licences and insurance coverage for the Queensland Building and Construction Commission (QBCC), Victoria Builders Authority (VBA), Master Builders Association (MBA) in New South Wales, South Australia, Northern Territory and Western Australia.

Business Plan for Builders’ Licence

Obtaining a builder’s license is not easy in Australia, especially as every state and territory has different requirements and regulations for builders. Gone are the days when you could just apply for Domestic Builder’s License and hope that your skills were good enough to get the job done! These days we need financial statements from our business; projections of how much money will come into or go out during different times frames (this includes cash flow); implementation plans on safety procedures including construction programs-and sound knowledge about building houses isn’t enough anymore either – because there are so many regulations now, it takes years of experience from numerous staff to pass the test.

The governing bodies across Australia have designed a comprehensive and complex application process which ensures licenses are only granted to builders whose businesses can execute and achieve the following:

Business Plan

Our team of consultants will work with you to develop a bespoke and concise business plan to effectively display the business details, goals, and objectives of your construction business.

Application Form

The application form will include previous work history and previous construction projects

Resume

It has been a while since you updated your resume, now its required. An in depth look into your experience and history (including management) is required. Making sure the right information is in the business plan to secure your licence

Schedule of Work

You will need to provide a detailed schedule of work for future projects which includes timeframes, project prices and other details that shows you can track your projects and book tradespeople and construction suppliers in advance.

Site Photographs

Photos coupled with any additional information will bolster professionalism of your business.

Occupational Health Safety Plan & Quality Control Checklist

Detailed safety plan that can demonstrate your ability to operate a safe worksite alongside a quality control checklist maintaining a high standard of work. This safety plan must company with the relevant regulations in each state.

References

The ability to provide character and technical references can be the edge your business needs to prove its trustworthiness.

Letter of Eligibility for Home Warranty Insurance

If you have not found a suitable insurer to cover your business size and its projects, then chat to the team.

Our knowledgeable team of consultants at Business Plan Writers have created builders’ licence business plans with a 100% success rate. Our specialised plans ensures that we provide a high-quality document that ticks all the boxes for your licence.

Call or email one of our consultants today and Contact Us via one of our locations around Australia including Sunshine Coast, Melbourne, Sydney, Cairns, Brisbane and Gold Coast.

Don’t forget to follow us on Twitter, Instagram, LinkedIn and Facebook for the latest information on our builder’s licence and insurance business plans.

BPW Group (Business Plan Writers) are expert advisors in migration visa business plans for Subclass 188 (Investor Stream) visas in Melbourne, Brisbane, Sydney, Gold Coast, Sunshine Coast and Cairns.

The Australian economy is open for business, but you need a special visa. Potential investors can apply for numinous types of visas when looking to invest in our country and achieve permanent residency through the SC888 visa.  Below is an outline of the application process:

Visa type

Business Innovation and Investment (Provisional)

What it lets you do

  • Stay in Australia for up to 4 years and 3 months
  • Carry out business and investment activity in Australia

Minimum requirements

  • You must be nominated by an Australian state or territory government
  • You must be under 55 years old unless the requirement is waived by the state or territory government (if your investment will be of exceptional economic benefit)
  • For at least 1 of the 5 financial years before you were invited to apply, you must have directly managed:

A qualifying business in which you and/or your partner had at least 10% ownership interest; or

An eligible investment of at least AUD$2.5million owned by you or your partner

  • For the 2 financial years immediately before you were invited to apply, you and/or your partner must have business and personal assets with a net value of at least AUD$2.5million which:

Have been lawfully acquired;

Are available for transfer to Australia within 2 years of visa grant

  • After lodging your visa application, you must make a complying significant investment of at least AUD$2.5million (with funds that were accumulated from your and/or your partner’s qualifying businesses or eligible investments) in the following:

at least AUD$500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies

at least AUD$750,000 in approved managed funds (the managed funds must invest in emerging companies listed on the Australian Stock Exchange)

a ‘balancing investment’ of at least AUD$1.25million in managed funds

Note: The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate. Direct investment in residential real estate is prohibited. Indirect investment in residential property through managed funds is strictly limited.

  • You must not use investments as security or collateral for a loan
  • Liability limited by a scheme approved under Professional Standards Legislation
  • You must continue to hold the complying significant investment for the duration of your visa
  • You must have at least 3 years’ experience managing qualifying businesses or eligible investments
  • You must have a successful record of eligible investment or qualifying business activity
  • You must have demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity
  • You must score at least 65 points on the points test
  • You or your partner must not have had any involvement in unacceptable business or investment activities
  • You must have a genuine intention to live in the nominating state or territory for at least 2 years
  • You must have a realistic commitment to continue to maintain business or investments activity in Australia after the complying significant investment matures
  • All applicants over 18 must have at least functional English (otherwise a second instalment is payable):

IELTS of at least 4.5 for each component

PTE of at least 30 for each component

  • You and your family must meet health and character requirements
  • You must not have an adverse immigration history

Steps

  1. Lodge an EOI with the state or territory government
  2. Lodge the visa application after you receive an invitation to apply from the state or territory government

Costs (as at 03/2022)

Our professional fees: TBA

Outlays:

  • Visa application: $6,085

Additional applicant over 18: $3,045

Additional applicant under 18: $1,520

  • Second instalment:

Primary applicant: $9,795

Secondary applicants: $4,890

  • State or territory government may charge a fee to consider your EOI
  • Medical examinations, police checks, translation costs, etc

*Please note the above fees are estimates only and may be subject to change

The Business Plan Writers team have expanded their knowledge of business plans over the past decade by executing strategic, tailored, and successful documents for all industries including working with migration visas. Our professional service ensures that we provide you a plan which is designed around your specific needs as well has being achievable in its implementation phase.

Get in touch with one of our consultants and Contact Us via one of our locations around Australia including Cairns, Brisbane, Gold Coast, Melbourne, Sunshine Coast and Sydney.

Make sure to follow us on LinkedIn, Twitter, Instagram and Facebook  for the latest news and updates for visa applications.

BPW Group (Business Plan Writers) are expert consultants in migration visa business plans for Subclass 188 migration visas in Sydney, Melbourne, Gold Coast, Brisbane, Sunshine Coast and Cairns.

Potential investors can apply for numinous visa types when looking to invest in the Australian economy. Each visa subclass has a different set of requirements that can allow a possible transition to Permanent Residency (PR) through a SC888 visa. Below is an application outline of Subclass 188 Visa (Business Innovation Stream):

Visa type

Business Innovation and Investment (Provisional)

What it lets you do

  • Stay in Australia for up to 4 years and 3 months
  • Operate a new or existing business in Australia

Minimum requirements

  • You must be nominated by an Australian state or territory government
  • You must be under 55 years old unless the requirement is waived by the state or territory government (if your proposed business will be of exceptional economic benefit)
  • For 2 out of the 4 financial years before you were invited to apply, you must have had ownership stake in 1 or 2 businesses that had at least AUD$750,000 turnover in each of the 2 years
  • Ownership stake means at least:

51% of the total value of the business if the business has an annual turnover of less than AUD$400,000

30% of the total value of the business if the business has an annual turnover of AUD$400,000 or more

10% of the total value of the business if the business is operated by a publicly listed company

  • If your business provides professional, technical or trade services, you must have spent less than half your time providing those services, rather than general management of the business
  • At the time of invitation, you and your partner must have total net business and personal assets of at least AUD$1.25million that can be applied to the establishment or conduct of a business in Australia
  • The nominating state or territory must be satisfied that the net value of your and your partner’s business and personal assets, other than the AUD$1.25million mentioned above, is sufficient to allow you and your partner to settle in Australia
  • Your and your partner’s business and personal assets must be lawfully acquired and available for transfer to Australia within 2 years of visa grant
  • You must score at least 65 points on the points test
  • You must have a successful business career and a genuine desire to continuously own and manage a business in Australia
  • You must be able to demonstrate that there is a need for your to be resident in Australia to establish or conduct the proposed business activity
  • Liability limited by a scheme approved under Professional Standards Legislation

You must have a realistic commitment to:

Establish a qualifying business or participate in an existing qualifying business in Australia

Maintain a substantial ownership interest in the qualifying business

Maintain a direct and continuous involvement in the management of the qualifying business from day to day, and in the making of decisions that affect the overall direction and performance of the qualifying business, in a matter that benefits the Australian economy

  • You or your partner must not have had any involvement in unacceptable business or investment activities
  • All applicants over 18 must have at least functional English (otherwise a second instalment is payable):

IELTS of at least 4.5 for each component

PTE of at least 30 for each component

  • You and your family must meet health and character requirements
  • You must not have an adverse immigration history

Steps

  1. Lodge an EOI with the state or territory government
  2. Lodge the visa application after you receive an invitation to apply from the state or territory government

Costs (as at 03/2022)

Our professional fees: TBA

Outlays:

  • Visa application: $6,085

Additional applicant over 18: $3,045

Additional applicant under 18: $1,520

  • Second instalment:

Primary applicant: $9,795

Secondary applicants: $4,890

  • State or territory government may charge a fee to consider your EOI
  • Medical examinations, police checks, translation costs, etc

*Please note the above fees are estimates only and may be subject to change

The Business Plan Writers team have expanded their knowledge of business plans over the past decade by executing strategic business plans for all industries including working with migration visas. Our business plans are designed from years of migration visa knowledge that allows the implementation of tailored and successful business plans.

Contact Us today in Cairns, Brisbane, Gold Coast, Melbourne, Sunshine Coast and Sydney and speak to one of our team to understand which vias pathway is best for you.

Follow us on LinkedIn, Twitter, Facebook and Instagram, for the latest tips and tricks that can prepare you for your application.

Business Plan Writers (BPW Group) are highly skilled consultants that develop business plans for Subclass 188 migration visas in Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast and Cairns.

There are a number of migration visas that potential investors can apply for when looking to invest in the Australian economy. Each visa has its own set of requirements that can allow a possible transition to Permanent Residency (PR) through a SC888 visa. Below is a summary of Subclass 188 Visa (Significant Investor Stream):

Visa type

Business Innovation and Investment (Provisional)

What it lets you do

  • Stay in Australia for up to 4 years and 3 months
  • Carry out business and investment activity in Australia

Minimum requirements

  • You must be nominated by an Australian state or territory government or Austrade
  • If nominated by a state or territory government, you must have a genuine intention to reside in the nominating state or territory
  • After lodging your visa application, you must make a complying significant investment of at least AUD$5million as follows:

at least AUD$1million in venture capital and growth private equity funds which invest in start-ups and small private companies

at least AUD$1.5million in approved managed funds (the managed funds must invest in emerging companies listed on the Australian Stock Exchange)

a ‘balancing investment’ of at least AUD$2.5million in managed funds

Note: The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate. Direct investment in residential real estate is prohibited. Indirect investment in residential property through managed funds is strictly limited.

  • You must not use investments as security or collateral for a loan
  • You must have a genuine intention to hold the complying investment for the duration of your visa
  • You or your partner must not have had any involvement in unacceptable business or investment activities
  • All applicants over 18 must have at least functional English (otherwise a second instalment is payable):

IELTS of at least 4.5 for each component

PTE of at least 30 for each component

  • You and your family must meet health and character requirements
  • You must not have an adverse immigration history

Steps

  1. Lodge an EOI with the state or territory government
  2. Lodge the visa application after you receive an invitation to apply from the state or territory government

Costs (as at 03/2022)

Our professional fees: TBA

Outlays:

  • Visa application: $8,925

Additional applicant over 18: $4,465

Additional applicant under 18: $2,235

  • Second instalment:

Primary applicant: $9,795

Secondary applicants: $4,890

  • State or territory government may charge a fee to consider your EOI
  • Medical examinations, police checks, translation costs, etc

*Please note the above fees are estimates only and may be subject to change

The Business Plan Writers team have expanded their knowledge of business plans over the past decade by executing strategic business plans for all industries including working with migration visas. Our business plans are designed from years of migration visa knowledge that allows the implementation of tailored and successful business plans.

Contact Us today in Brisbane, Melbourne, Gold Coast, Sunshine Coast, Sydney, and Cairns and speak to one of our highly skilled consultants to understand the right visa pathway to take.

Follow us on Facebook, Instagram, LinkedIn, and Twitter to keep up to date for tips and tricks that relate to your industry.

Business Plan Writers (BPW Group) is a team of experts who will plan your future. Whether it be finance, insurance or even just map out an idea for you to pursue with precision; we’ve got everything covered!

Our builder and construction business plans have been created by people in this industry so they know how hard running one can sometimes feel like without help from outside sources guiding them through their journey towards success…we’re here every step along the way providing advice when needed and creating accurate drafts waiting on completion-just let Business Plan Writers (BPW Group) do their job!!

When applying for a builder’s licence in New South Wales you will need to submit your application through State Insurance Regulatory Authority (SIRA), the details are below:

Introduction

The State Insurance Regulatory Authority (SIRA) is the New South Wales government organisation responsible for regulating insurance and alternative indemnity products (building cover contracts) under the Home Building Act 1989 (the Act).

Licence holders and potential licence holders are required to submit business plans to SIRA for review as part of an application to become a licence holder for the HBC scheme in New South Wales and in association with premium filings. This enables SIRA to assess whether the licence holder or potential licence holder has developed a well formulated approach for the implementation of its strategic objectives including undertaking a proper risk assessment of its business.

Business plan requirements

The business plan for each licence holder is to be prepared in accordance with section 105S of the Act and must:

a) Be approved by the licence holder’s board or corporate trustee prior to submission to SIRA
b) Describe the manner that the licence holder’s business will be conducted (including distribution channels, premium setting and collection, claims handling, team management, expenses and systems)

c) Include the licence holder’s strategic objectives for their HBC business ` together with targets, timeframes, and planned activities to achieve the strategic objectives.

The strategic objectives should, as a minimum include the following:

I. premium setting and policy administration in compliance with the HBC (premium) insurance guidelines, or contribution setting and policy administration in compliance with the HBC (contribution) AIP guidelines
II. continual improvement of eligibility criteria in compliance with the HBC (eligibility) insurance guidelines
III. financial protection of the consumer against defective or incomplete work when the contractor disappears, dies or becomes insolvent
IV. efficient, honest, and fair customer service and complaints resolution processes (for contractors and consumers)
V. development and improvement of internal resource capability or identifying external expertise to conduct HBC business
VI. building a strong governance and corporate culture, and
VII. continuous improvement of the business model to deliver competitive and innovative products and services.

The business plan must include:

HBC business objectives, mission, and vision

Evidence of a strong governance framework, including a structural chart and summary of roles in the governance oversight committees
An operational and organisational risk management plan (including the identification, assessment, and mitigation of those risks)

Home building compensation (business plan) insurance guidelines
An organisation structure and internal resource capability (and external expertise if applicable)
A distribution plan (including channels, category of contractors targeted and ensuring ease of access)
APRA documentation relevant to HBC submitted to meet APRA requirements including the business plan (where applicable), and
A statement of business intent and business plan as submitted to Treasury (where applicable).

The business plan must be consistent with:

The licence holder’s claims management model and organisation structure that supports the model
The licence holder’s complaints management model – in line with the requirements specified in the HBC (claims handling) insurance guidelines, and
Documents to satisfy compliance with prudential standards required under the HBC prudential guidelines.

Business plan filing process

Frequency of business plan submission:

A business plan should cover a three-year period.

Licence holders are to provide their business plans to SIRA every year for the financial year beginning 1 July by 30 September of that year.
SIRA may make a written request for licence holders to submit an updated business plan at any time within the one year period, if SIRA deems it necessary to do so.

If the licence holder departs significantly from their previously submitted business plan, the licence holder must notify SIRA and upon the request of SIRA, must submit a revised business plan as per section 105S(2)(a) of the Act.

Assessment and management of business plans:

SIRA will assess the business plans of licence holders against the requirements set out in section 5 of these Guidelines.
SIRA may request additional information or amendments to business plans in order to ensure business plan requirements of the HBC scheme are met.

Business plans may be used by SIRA to assist in the assessment of compliance with other HBC insurance guidelines including:

a) HBC (eligibility) insurance guidelines
b) HBC (premium) insurance guidelines
c) HBC (contribution) AIP guidelines
d) HBC (prudential) insurance guidelines, and
e) Licensing requirements.

SIRA will monitor and review the business plan compliance and/or HBC business of licence holders in accordance with these Guidelines in New South Wales.

With two out of every ten plans we do being for builders and construction professionals, our business plan may be needed for insurers to obtain adequate insurance coverage or home warranty insurance, home building compensation or domestic building insurance, to get an approval or permit from a government body or to secure project finance from financiers or investors, Business Plan Writers (BPW Group) are here to help.

Social media campaigns are a great way to boost engagement and develop your social capital, but social media will never provide you with actual income. So how do we convert social media users into customers?

One of the most important things to remember is that social media is just another advertising platform, so choosing social ads as your primary means of selling on social platforms can be difficult due to their pay-per-click (PPC) model. It’s also better for engaging customers than for converting customers because it doesn’t provide you with information about those who engage with your ad; unlike search engines where the user searches keywords which allow you to see what they’re looking for; social ads simply show that someone has engaged with an ad and then allows them to contact you directly. In social media, marketing isn’t about selling to users who may be interested in your product at a particular time; social media is about engaging with the right customers and providing them with incentives to purchase from your social platforms.

To convert social media users into customers you should:

  • Build a social presence that allows for easy engagement, but that also has its own personality rather than just being a carbon copy of your website. Social media profiles must be uniquely representative of themselves because it will allow people looking at both your social profiles and website to see how much effort you’ve put in when making them. The more information about yourself or your business that you provide, the more likely someone is going stay on your social profile – especially if you’re engaging with them and providing them with fun or educational content.
  • Give social media users a reason to want to engage with your social profiles, whether it’s through contests that award social currency such as “likes” and followers, promotions , giveaways of discount codes or free items, free samples so they can get a feel for what you have to offer before deciding if they’d like more of it or not, or simply by providing great quality customer service on social media so people know who they’re buying from and their money will go towards a reputable company . The best social media campaigns allow for user engagement while also creating a strong brand identity and boosting social capital.
  • Provide incentives for social media users; we don’t need another social media platform where people are just socializing with each other. Social media is about promoting or sharing content that’s interesting, relevant, or helpful to social users while also providing them with reasons to interact with your social profiles. If you’re social media campaign isn’t receiving much engagement, try changing the incentives for social interaction and see if it changes anything.

One of the best ways of turning social media users into customers is by purchasing social ads. Pay-per-click campaigns on social platforms allow you to target your ads based on very specific keywords, interests, demographics etc., meaning every user who engages will be someone specific rather than a vague “social media user.”

Don’t forget that engaging with social media users doesn’t end when they’ve purchased your product or service; social media is about building social capital, so it’s important to understand that you have social obligations after the customer-company relationship has been established. Social media campaigns can be expensive but converting social media users into customers will come at a cost if you’re willing to invest in social ads on social platforms. Social users are everywhere online and they’re looking for good products and services, so try turning social media users into customers by providing them with incentives to engage with your social profiles while also creating personal brand identities on each of them.

If you’d like more information on creating engaging social media campaigns that convert social media users into customers get in touch with us here.

Many social media pages for various brands find themselves losing the interest of their consumers after a period of time. These social media pages may be losing consumer interest because they are not promoting new content often enough. Keeping social media page engagement high will keep your social media presence alive and well.

You can use many different types of posts to promote new content on social media pages that both engage consumers and provide useful, helpful information to them. Using all types of social media posts can help you create your social identity while also promoting new content for your social media audience.

For example, visual posts like images, infographics, memes, or videos get more engagement than non-visual posts like articles or blog posts (see Related Information section). If you want users to see the social media posts that you publish, then social media images or memes could be a great choice because they will attract interest from your social media fan base.

If you are sharing content from another social media page, it is also important to use social media posts that help engage consumers and promote new content for them. Another social media page may have a post about a product launch, and if you share this type of post on your social media pages with a simple engagement call-to-action like “repost,” then your social fans may find this interesting and inspiring enough to visit the other social media page where the post originally was published.

Writing articles or creating blog posts can also provide helpful information users while giving them useful tips on social media engagement. One social media page offers an article about social media engagement strategies that users can navigate to from the social media page’s menu bar. This social media page shows all of their previously-published articles for consumers to read, and many social fans view these articles because they provide useful social tips.

Using social media posts like visual images, memes, blog posts, videos, or articles help you engage social media audiences while keeping them interested in your social presence. Keeping consumer interest with social media pages will then keep your social sales high as well.

If you are considering starting your own business, then this is the post for you! We will be exploring some of the key points that should be considered before start-up. From understanding what type of business to start to finding a location for it, we have everything covered in this blog post. This article will help you make an informed decision about whether or not now is the right time to take on this huge endeavor. Let’s get started!

  1. Choose a name for your company from the list of available domain names

    • If you’re in the process of starting up a company, one of the many decisions that needs to be made is what name you will choose. The domain name for your business can have an impact on the success of your project. It’s important to know how to use domain names effectively and when they should be changed.
  2. Learn about the different types of business structures

    • Sole trader: A sole trader is legally responsible for all aspects of the business including any debts and losses and day-to-day business decisions.
    • Company: A company is a type of business structure. When you set up a company, you create a legal entity that’s separate from you.
    • Partnership: A partnership is a business structure made up of 2 or more people who distribute income or losses between themselves.
    • Trust: A trust is a structure where a trustee carries out the business on behalf of the trust’s members (or beneficiaries).
  3. Make a list of products or services that you could offer your potential customers, and then plan how to market those items or services

    • A good way to start would be making a list of products or services that you could offer your potential customer, knowing what they are going through is key to helping them find solutions. In fact, research has shown that having a clear understanding about their needs can increase sales by as much as 400%.
  4. Find a location where you can set up shop – remember to take into consideration things like parking space and zoning laws

    • Finding a location to set up shop is an important decision. The location should be one that will not only allow you to work efficiently, but also should provide access to clients and customers. There are many factors that need to be taken into consideration when choosing the perfect spot for your business. Before making any decisions, here’s what you’ll want to consider: 1) How much space do I need? 2) What is the neighborhood like? 3) Is it close enough for my employees/clients/customers? 4) Does it have access points for deliveries and large equipment? 5) Is there parking available on site or in the area? 6) Can I afford this type of lease or rental agreement with all of my other overhead?
  5. Create an operating budget before starting any big expenses

    • A lot of startups and small businesses get into trouble because they don’t create an operating budget. Without a budget, it’s hard to know if you’re making enough money to cover expenses. It can be tempting to spend more than you should on things like the latest tech gadgets or office furniture before your business is generating substantial revenue. But without a plan in place, this spending will only hurt your company in the long run.

The world of entrepreneurship can be a challenging and rewarding experience. However, before you start your business there are many things to consider including the financial aspects of starting up, intellectual property rights considerations for your products or services, how much time is needed to maintain your business as well as what type of work will suit you best. If you need help starting up your business, contact us here.

Start Up A Business