Industry insights

Small business industry insights

Growth rate of small business 13.3% annual increase in new business launches
Size of small business sector 2 million plus small businesses in Australia
Venture capital (VC) investment in Australian startups $230 million annually and growing

Leadership and management industry insights

Employment/positions projection 7.8% growth to 2022
Earnings (Average full time earnings) $2,298 per week
Full time vs part time 85.7% full time

Business and management insights

There’s no doubt about it: Australia is a nation of small business owners and managers. More Aussies are employed by small businesses than medium and large businesses – just over 44%. In other words, if you’re not working in a small business now, there’s a strong chance you will be later in your career. In fact, you might be one of the thousands of Australians who launch their own business each year. Or one of the hundreds of thousands of managers working in small businesses.

Modelling on success

Great leaders aren’t born, they’re made. It takes experience, determination and a bit of elbow grease to become an effective manager. One of the most important steps you can take is learning how to make smarter business decisions. And smarter human decisions.

According to a survey by CPA Australia, the top priorities of fast growing small businesses include good staff (28%, compared to 21.5% of non-growing businesses) and improved business management (27.8%, vs 12.9%). In other words, SMEs that put HR and management at the top of their to-do list are more likely to succeed. As a future leader and manager, you’ve got real power to shape the success of your organisation.

The changing face of employment in Australia

Currently working in a profession? There’s a chance that in the future, your career will look a lot different. Sure, you’ll be doing the same kind of tasks, but according to the stats, you’re much more likely to be an independent contractor. Nearly 10% of all Aussie workers today are independent contractors (ICs). If the trend towards becoming an IC continues, it’ll become just as normal as being a permanent or casual employee within the next 20 years. Being an independent contractor doesn’t just mean knowing how to manage the tax and accounting stuff – though that’s a big part of it. You’ll also need to know how to market yourself as a contractor.

That’s where we come in. Monarch Institute courses are designed to give you the real-world skills you’ll need to succeed as a small business of one.

There’s never been a better time to study business and management. You could be stepping up in your current organisation. Or planning to be your own boss in the future. Whatever your path, you’ll love your Monarch Institute learning experience.

Your next steps

Ready to get started? Check out our nationally recognised course for those new to business – the BSB42618 Certificate IV in New Small Business or if you’ve been in business and need a refresher, try the Certificate IV in Small Business Management. The BSB51918 Diploma of Leadership and Management is ideal for students chasing those big-picture skills, like organisational change and policy development. Or for a unique course that’ll leave you ready to hit the ground running, explore the BSB61015 Advanced Diploma of Leadership and Management.

 

 

 

Sources: abs.gov.au, imip.gov.au, business.gov.au, businessincubation.com.au, smallbusiness.wa.gov.au, KPMG, cpaaustralia.com.au

Meet your trainers

You'll be guided and supported by experts and thought leaders
Glenn Buesnel-May
Trainer
"Instead of wondering when your next vacation is, maybe you should set up a life you don’t need to escape from."
– Seth Godin

I started off my career in the Banking sector, with experience in lending and securities. I then spent over 20 years in the Royal Australian Air Force as a Logistics Officer and later specialised in Education and Training, where I was a trainer, assessor and executive.

In 2007, I established a private business as a consultant, specialising in Leadership, Management, Business and Professional Development training. I have qualifications in HR, Management, Leadership, Coaching, Warehousing, Transport and Logistics, the Myers Briggs Type Indicator (MBTI) and Advanced Facilitation. I also trained in Professional Mentoring, Workplace and Leadership Coaching,  Counselling and Conflict Management and underwent undergrad studies in Human Resources.

What gets me out of bed in the morning?

I am passionate about life and getting the most out of it. That doesn’t mean filling every moment with activity, but enjoying where I am, what I’m doing and who I’m with. I also live for weekends, where I spend it exploring, listening to and making music, camping, flying aircraft, playing with my Staffy, named Harper Cookie Face, and enjoying my family. Seeing and helping people develop is also one of my greatest passions.

Shane Watson
Trainer
“Wisdom is the reward you get for a lifetime of listening when you would rather have talked.”
– Mark Twain

With my finance and business qualifications, I operated a finance broking business for over 20 years. During that time I obtained an Australian Credit Licence and developed the business to offer a wide range of financial services.

As an adjunct to my finance business, I also operated a Business Consultancy service advising new and existing business owners on business establishment, development and profitability improvement. I’ve previously been Director of two Investment, Property and Finance Companies as well as a Trustee of a Superannuation Fund.

Since 2012, I have followed my passion to train and help new entrants to the finance and business sectors.

What makes me jump out of bed each morning?

I’m passionate about helping businesses become successful! Let’s do this!

Any questions? Ask away!

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What business and management course would you like to study?

Ready to step up and take on a leadership role in your workplace? Dreaming of running your own business empire one day? Your Monarch Institute trainers are here to show you that actually, you can run a business. Check out the course descriptions to explore some of the opportunities that’ll open up when you graduate with a Monarch Institute qualification.

Find your course below. Not sure which course you’re after? Get in touch with one of our course consultants today. They’ll talk you through your options and help you make a choice that’s right for you.

Business and management courses

Today’s emerging leaders need a way to cut down on the time it takes to learn from experience. Monarch Institute courses will help you do just that. They’ve been developed by entrepreneurs, business executives, and academics who’ve already been where you want to go. Like Josh Wilson who has successfully built three business and sold two before aged 40. And Glenn Buesnel-May, who has spent over 20 years in the Royal Australian Air Force as an Officer before specialising in Education and Training.

You won’t just come out of your course with real-world skills and knowledge. You’ll also have a qualification that’s accredited and recognised Australia-wide. Take on the business world, or use your skills in an exciting new role – it’s up to you.

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