A Word from Julie Martin

A Personal Word from Julie!

Dear Valued Beauty Professional,

Being a sole trader or small business owner can be lonely. As a professional businesswoman I have always believed that it is essential to belong to a professional organisation that offers a special therapy business relationship, especially in times like these. An organisation that offers practical impartial advice, advocates on your behalf, relays official information and can offer a business network.

Over the past year NZBPST ‘s very experienced team have achieved an enormous amount of infrastructure in our organisation that offers support not just to members but to all the beauty modalities in industry.

As an industry organisation we are constantly reaching out to form new relationships with business professionals that can bring extra benefits directly to you. So, as we grow you grow also. We stand by our cornerstone statements and are demonstrating our commitment to supporting you on a day to day basis and delivering information as it comes to hand. For us this is just what we do.

By becoming a member, you will become part of a professional family that offers industry kinship and access to added networks to grow and future proof your business which means you will easily recoup your membership fee through the discounts you will receive as well as many other practical benefits to help you grow.

If you aren’t currently a member of an organisation and feel vulnerable or feel you need more support, please consider what we have delivered to date and what we have to offer for the future and come join us.

Meanwhile as we continue to gain ground in the battle with Covid-19 we will be relaying practical hygiene and business information from those who all want the very best for your business future.

As in the past we will also continue to consult with MoH, MBIE and other government agencies and share their information with you as to what government requirements you to do, so we can make a smooth transition to Covid Alert level 2 together.

Kind regards

Julie Martin

Founder and Chair

NZBPST’s Corner Stones

Providing a day to day network of support for our members, offering advice recommendations and guidance,
Advocating for regulation change by working with Government Agencies,
Setting new standards for industry to follow,
Providing post professional development training,
Instigating an impartial and thorough complaints process for therapists and the public,

&

Access to our Smart Business practical guide.

NZBPST Helps with Your Business Recovery Plan

During Covid-19 our next focus is assisting you on your business recovery.

Since our establishment, we have been busily establishing business partners and membership benefit packages for our members with more to be announced next month.

Here are some of the benefits we have on offer:

1 - Professional Indemnity and General Liability Insurance package:

Our Insurer is Chubb Insurance New Zealand Ltd and they have an “AA-“insurer financial strength rating provided by Standard &

Poor’s (Australia) Pty Limited.

Details as outlined below: Premium $245.00

a) General/Public & Products Liability - Limit of Liability $2,000,000, Deductible – uninsured first part of each claim $500

b) Beauty & Aesthetic Practitioners Professional Liability Extension - Limit of Liability $50,000, Deductible – as above $500

c) General/Public & Products Liability protects you against claims made by Third Parties for damage to their Property or Personal Injury outside of ACC where you have been negligent or failed to take reasonable care

In times like these it’s important to make sure your insurance cover is fit for purpose. So, it never hurts to get an independent opinion to make sure you are covered for what you think you are covered for. By becoming a member of NZBPST and utilising our insurance package, you can access further insurance advise and other insurance requirements specific to your business.

Meet one of our NZBPST Business Consultants:

Wikus Erasmus

Wikus is one of our “go to” people who offers business advise. He has very kindly offered advise on how to reduce and push out your AAC for Industry Stakeholders. Like us Wikus believes that in a time of crisis it is an essential to help everyone in our industry. Wikus is offering a 15-minute

complementary phone consultation. So far Wikus has received over forty calls already!

BOOK a 15 min Free chat about your options ~ HERE!

2 - Introducing Simon Manawaiti

Charted Accountant

We at Accountech are a proactive accounting firm focused on getting the numbers right! We utilise software and online tools to simplify your accounting and tax functions to save time and money.

We're your expert outsourced finance department, helping you to focus on delivering a great service to your clients.

For members of NZBPST we offer a complementary one on one session with business owners to review their plans, and offer advice on software tools, accounting platforms and other setup queries you may have.

To help with your decision making as we progress through Covid-19, have you considered doing this for those of you who find visualisation helpful?

Expenses Spread Sheet

By using an expense spread sheet, you can see at a glance what your big costs are, identify what is a want and what is a need. See who and how much you’ve paid overtime to plus purchases and outgoings. This helps you to identify what a necessary expense is and what can be stopped/reduced

and how your need to budget as you start your recovery plan.

Companies Act Update

Government is making changes to Insolvency law, including the ability to agree with creditors to put debts on hold for six months.

3 - Business Mentors NZ

On behalf of NZBPST, I have contacted Graig Garner the

Chief Executive of Business Mentors NZ LTD.

Graig has offered us the following for business owners:

For businesses impacted by Covid-19 crisis and experiencing financial hardship, we can provide free access to the service bypassing the usual $295+gst registration fee.

Using the existing online registration enter the code COVID (This will only be available for a limited time).

Apply for a Business Mentor!

For up to 12-months access to a Business Mentor or more information on how to register for a mentor, visit The Business Mentors website, here.

To get things started, do any of the following: