Smithton Sports

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“Seeing my business through the eyes of the group helped me to understand its value.”

Sally Elliot, Smithton Sports

Business Sustainability & Succession

Our Objectives

  • Develop and implement an exit strategy and succession plan

Our Targets

  • Increase the profitability of the business

  • Prepare the business for sale, ensuring the new owners can retain the current workforce

What we achieved

  • We improved our stock control and rationalised our product range

  • We established a presence on social media

  • We designed and implemented customer survey

  • We developed and implemented value-adding strategies by redefining our business as a “healthy hub”

  • We have planned and hosted our first in-store wellness event

  • Our plans to sell the business have been postponed and we have a renewed interest in growing the business further

Business Action Learning Circular Head

Delivered by Business Action Learning Tasmania, the Competitive SME Program was piloted in Circular Head as an initiative of the Circular Head Regional Economic Development Working Group to support the development of new job creation, create industries and provide training in the region.

The program targeted small to medium-sized businesses critical to key growth sectors in the greater Circular Head region and/or those seeking to scale up to meet the demand of new or expanding markets.

Projects included:

  • KimchiMe – Business Growth Plan
  • Smithton Sports – Business Sustainability & Succession
  • Tarkine Black – Pastured Kurobuta Production
  • Blue Hills Honey – Business Growth Plan
  • Young Beef Farmers Head Start Program
  • Tasmanian Seaweed Fertilisers – Business Growth Plan
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Get in on the action

Are you interested in learning more about action learning in the Circular Head region?