Ready or Not: a Pre-launch Start-up Checklist

By: Alan Manly Launching a start-up is exciting. The long journey from conjuring the initial, embryonic concept to bravely sharing your business idea with someone else is now ‘ancient history’. Things are different now: an early business plan has been refined to give comfort to all stakeholders. Before you actually launch your start-up, it’s wise to review a pre-launch checklist […]

October 13, 2016

Six Simple Steps for Succession in Family Businesses

By: David Harland If you work in the family business sector, chances are you run into the same statistics over and over again: Seventy percent of family businesses fail or sell before the second generation takes over. Ninety percent of family businesses fail or sell before the third generation takes over. The data is not pretty […]

October 8, 2016

Not All Payments to Shareholders Are Income

By: Max Newnham Loan agreements need to be drawn up when shareholders are paid. There are many reasons why small business owners choose to operate through a company structure. One of the most important is the legal protection a company provides to the personal assets of the owners. When a business is operated as a sole […]

October 4, 2016

Three Avoidable Causes of Start-up Burnout

By: Paul Henshall Most business owners start their business with a dream. They envision calling the shots (rather than being told what to do), remuneration in line with their efforts (rather than receiving a capped salary from an ungrateful boss) and working when they want (not when they have to). In short: more freedom, more money, more time.  Sounds […]

September 26, 2016

Incubator Support Initiative to Hatch Great Start-ups

  Does your organisation encourage the development and growth of high potential start-ups? If you’re a new or existing incubator, and think your organisation has the potential to help Australian start-ups be successful in international markets, then the Incubator Support initiative is for you! What is the Incubator Support initiative? The Incubator Support initiative is […]

September 21, 2016

Is Your SMB Prepared for Emergency Situations?

By: Katrina Mckinnon Failure to implement an emergency action plan in your business could lead to serious injuries and loss of life, plus severe penalties if there is an emergency situation or disaster. Here’s a sobering statistic: work-related injuries and disease cost the Australian economy about US $78 million per year. It’s therefore imperative that […]

September 1, 2016

What Obligations Do SMEs Owe Employees?

By: John Corias Starting up and successfully running a small business can certainly be overwhelming at times and it is of the utmost importance that you get things right from the very beginning. Your employees are one of your greatest assets, vital in the growth and prosperity of your business. To make the most of […]

August 25, 2016