In our first episode, Phillip Di Bella interviews Dominique Lamb, the Queensland Small Business Commissioner, in this episode of "Bean There, Done That!" They discuss the current landscape for small businesses in Queensland, particularly in the hospitality industry. They touch on the challenges of attracting and retaining employees, rising costs, and standing out in a crowded market. Dominique shares resources available from the Queensland Small Business Commissioner's office, including free financial counsellors, wellness coaches, mentors, grants, and training courses. They also discuss the role of the Commissioner in advocating for small businesses and working to minimise disputes. The episode concludes with a discussion on the importance of community support and the need for small businesses to adapt and thrive in the changing landscape.
- Dominique Lamb is the Queensland Small Business Commissioner and has a background in retail and hospitality.
- Discusses the current landscape for small businesses in Queensland, particularly in the hospitality industry. She highlights the top three issues facing small businesses: skill shortages, housing, and the cost of living. In addition, she emphasises the importance of mindset and taking action to create change.
- The top three issues facing small businesses in Queensland are skill shortages, housing, and the cost of living.
- Small businesses are struggling to find and retain employees, and are dealing with rising costs and shrinking margins.
- The Queensland Small Business Commissioner provides resources and support for small businesses, including financial counsellors, wellness coaches, mentors, grants, and free TAFE courses.
- Mindset is crucial for success in business, and small business owners need to take action and utilise available resources to drive change.
Quotes:
- "The biggest question I get asked is, where have they gone? Why can't I find them? How do I find them?" - Dominique Lamb
- "If you don't get out there and sit in someone's business and talk to them about what they are personally experiencing, there is no way to know." - Dominique Lamb
- "The key takeaway is that you've got to be part of that change. There are resources there, you need to reach out and grab it. You've got to do the work." - Dominique Lamb
- "You can provide the river, but if the person doesn't jump in the river and swim, well, there's no point of the river. So get out there. There's a whole heap of stuff to help." - Dominique Lamb
The Landscape of Small Business in Queensland: Insights from the Queensland Small Business Commissioner
In this article, we will explore the key themes discussed in a podcast episode featuring the Queensland Small Business Commissioner, Dominique Lamb. The podcast episode focused on the current landscape for small businesses in Queensland, particularly in the hospitality industry. We will delve into the main themes discussed in the episode, providing an in-depth exploration of each theme using verbatim quotes from the transcript. We will also analyse the implications and potential impact of these themes and conclude with a future outlook for small businesses in Queensland.
The People Problem
One of the main challenges faced by small businesses in Queensland, particularly in the hospitality industry, is the people problem. The episode highlighted the difficulty in finding and retaining skilled workers, as well as the challenges associated with housing and the rising cost of living. Dominique Lamb mentioned that small business owners often struggle to find quality candidates and are faced with the increasing costs of supplies, which affects their profit margins. She also mentioned the need for flexibility in the workplace, as well as the importance of creating a supportive and family-like environment for employees.
According to Lamb, the top three issues raised by small business owners in Queensland are skill shortages, housing, and the cost of living. She emphasised the importance of addressing these issues to ensure the success and sustainability of small businesses in the state.
Lamb: "The top three issues that small business owners raise with me are skill shortages, housing, and the cost of living."
## Skill Shortages
Lamb mentioned that one of the biggest questions she gets asked is, "Where have all the workers gone?" Small business owners are struggling to find skilled workers and are often faced with the same candidates being put through the same courses. This can be a concern for small businesses, as they want to retain their employees and avoid the high costs associated with replacing them. Lamb also mentioned the need for alternative sources of workers, such as backpackers or migrant workers, to alleviate the pressure on small business owners.
Lamb: "One of the biggest questions I get asked is, 'Where have all the workers gone?' Small business owners are struggling to find skilled workers, and we're often faced with the same candidates being put through the same courses."
## Housing and Cost of Living
Another major concern for small business owners in Queensland is the issue of housing and the rising cost of living. Lamb mentioned that small business owners often struggle to find affordable housing for their employees, which can affect their ability to attract and retain workers. She also highlighted the broad range of costs that small businesses face, including freight, supply chain, electricity, insurance, crime, labour, superannuation, and payroll tax. These increasing costs can put a strain on small businesses and make it harder for them to manage their cash flow and maintain a healthy business.
Lamb: "Small business owners often struggle to find affordable housing for their employees, which can affect their ability to attract and retain workers. We also face a broad range of costs, including freight, supply chain, electricity, insurance, crime, labour, superannuation, and payroll tax."
## Standing Out from the Crowd
The flooded market and the high level of competition is another challenge faced by small businesses in Queensland. Lamb mentioned that there has been a significant influx of businesses in the last ten years, particularly in the hospitality industry. This has led to a saturated market and made it difficult for small businesses to stand out. She emphasised the importance of providing quality products and services, as well as exceptional customer service, to set oneself apart from the competition. Lamb also mentioned the need for small businesses to be proactive in finding alternative ways to attract customers and differentiate themselves from others in the industry.
Lamb: "There has been a significant influx of businesses in the last ten years, particularly in the hospitality industry. This has led to a saturated market and made it difficult for small businesses to stand out. We need to provide quality products and services, as well as exceptional customer service, to set ourselves apart from the competition."
## Implications and Potential Impact
The challenges discussed in the podcast episode have significant implications for small businesses in Queensland. The skill shortages and rising costs of supplies can affect the profitability and sustainability of small businesses, particularly in the hospitality industry. The inability to find skilled workers and the increasing costs of supplies can lead to shrinking profit margins and cash flow issues. This can make it harder for small businesses to stay afloat and manage their operations effectively.
The lack of affordable housing and the rising cost of living can also put a strain on small business owners and their employees. It can be challenging to attract and retain workers when housing is ...
