The Future Of Business Swap

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Presentation to AGM of Swap Australia 9 October 2008

Presentation to AGM of Swap Australia 9 October 2008

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Transcript

  • 1.  
  • 2. The Future of Business Swap
  • 3. In this presentation:
    • The Facts
    • The Problem
    • Our Decision Making Process
    • The Solution
    • The Way Forward
    • Your Questions and Comments
  • 4. The Facts
  • 5. Break Even 355
  • 6. Break Even Current 355 323
  • 7. Membership
  • 8. New Members This Year 116
  • 9. New Members This Year Lapsed Members This Year 231 116
  • 10. Membership
  • 11. The Problem Declining Membership Lack of Resources to continue the strategy that works
  • 12. for the future of Business Swap The Problem
  • 13. for the future of Business Swap The Problem the current business model is unsustainable
  • 14.
  • 15.
    • Recruiting new members to your organisation
    • Retaining your members and building their loyalty (more members leave an organisation within the first year of joining, than at any other time).
    • Renewing your members
    • Revenue earning from your Members
    • Building membership … and your member revenue … when times are getting tougher and your budget has just been slashed.
  • 16. There are hundreds of business organisations nationally and community based, including government organisations offering business education and networking opportunities
  • 17. Running a Not For Profit (NFP) organisation or community group can be more demanding than most business operations.  Resources are usually stretched and many people are often voluntary and part time. 
  • 18.  
  • 19. Christine Parker Lee Clark Ann Rolfe Chair of the Board Julian Campbell David Tomlinson David Caruso
  • 20. Breakfast seminars, professional education groups and roundtables are attractive to our target market
  • 21. Breakfast seminars, professional education groups and roundtables are attractive to our target market Systems and procedures make the Business Swap concept replicable
  • 22. Breakfast seminars, professional education groups and roundtables are attractive to our target market Systems and procedures make the Business Swap concept replicable Training equips leadership teams to deliver the product
  • 23. for the future of Business Swap the current business model is unsustainable The Problem
  • 24. The Process
    • Get clear about the problem
    • Analyse the symptoms and causes
    • Generate options
    • Evaluate the alternatives
    • Decide
    • Legal advice on implementation
  • 25. The Problem Declining Membership Lack of Resources to continue the strategy that works
  • 26. The Solution Move to a professional model
  • 27. The Solution Modelled on the most successful business organisation in the world Move to a professional model
  • 28. The Solution The Directors of Swap Australia Limited intend to sell the IP of Swap Australia to create a professional business model that will maintain the objectives and values of Swap Australia/Business Swap.  The IP would include the membership (database), policies and procedures manuals, website, trademarks etc.   Should we be unable to find an acceptable buyer by 30/6/09 we will proceed to dissolve Swap Australia Ltd and assist the individual clubs in setting up to operate independently.
  • 29. Some Key Issues
    • Individual Clubs
    • If we don’t sell, we would assist clubs to operate individually, though they would not be able to call themeselves “Swap”
    • Privacy Laws
    • If we do sell, permission needed from each member to hand over their details to the new owner
    • Money
    • The constitution is clear. Upon winding up, the assets of Swap Australia may only be transferred to another not-for-profit with similar objectives.
    • Our intention is to use any remaining funds to benefit our members in line with our purpose of education, motivation and experience
  • 30. From a club perspective, nothing changes ... it can only get better
  • 31. The Way Forward
  • 32. The Way Forward
    • Board Meeting 18/10/08
    • Board discuss your feedback, timeframe for special general meeting.
    • Prepare Resolutions for Special General Meeting
    • Legal council to assist the board to draft resolutions for a member vote
    • Notice of Motions to Members 21 Days Prior to Special General Meeting
    • Information emailed to all members, proxies available for those who cannot attend
    • Special General Meeting
    • Members vote on resolutions
  • 33. The Sale Process
    • Define what we have for sale
    • Call for Expressions of Interest
    • Negotiate terms with interested parties
    • Accept offer
    • Contract
    • Deposit
    • Settlement (aim 30 June 2009)
    • Spend surplus funds
    • Wind-up Swap Australia Pty Ltd
    • Close bank accounts after Convention October 2009
  • 34. Summary
    • The Facts
    • The Problem
    • Our Decision Making Process
    • The Solution
    • The Way Forward
    • Your Questions and Comments
  • 35. Conclusion