Tradie Toolbox Resources

Building your financial success 

April/May 2024

The focus of this series is providing strategies and information to improve financial outcomes, with topics such as:

• key contributors that can lead to financial success
• assessing your financial strengths and risks
• QBCC financial requirements

 The following documents were mentioned in the keynote presentation. 

How-tos

• Submitting financial reporting for SC1 and SC2
• Submitting financial reporting for categories 1,2 and 3
• Submitting financial reporting for categories 4,5,6 and 7

Educational guides  

• Guide to annual reporting 
• What are minimum financial requirements?
• Calculating actual revenue for minimum financial requirements
• Intent behind minimum financial requirements 
• Difference between annual reporting and MFR reports 

Tips

• Key contributors that can lead to financial difficulty 
• Supporting businesses in the building industry
• Common problems when complying with minimum financial requirements 

This tour is in partnership with the Department of Employment, Small Business and Training (DESBT) who are promoting their FREE Mentoring for Growth (M4G) program. They can help you respond to the opportunities and challenges facing your business including managing cashflow, business planning and workforce management.

Additional resources 

• Budgeting tools 
• Information and tips from Mentoring for Growth 
• Small business financial resources 
• Suicide prevention aimed at the construction industry 
• Subscribe to the Business Queensland Connect newsletter keeps you up to date with all the latest information for Queensland small businesses

Tradie Tour partners 

• Business Queensland
• Department of Employment, Small Business and Training 
• Housing Industry Association
• Master Builders
• Office of Fair Trading 
• QSuper
• Queensland Reconstruction Authority