As government measures change daily amid the COVID-19 pandemic, a second stimulus package was released. This update focuses on what this means for small business, as well as other questions small business owners may have. It is current as at 23 March 2020. Sole Traders: As part of the second stimulus package, sole traders have […]
By: Startupsmart The government support offered to startups across Australia is the envy of many entrepreneurs around the world, but these grants can be a tough nut to crack. The lengthy applications, process times and chance of rejection are enough to put most off, but for those who win it can be a game changer for […]
By: Eloise Keating It’s that time of the year again. You’re (hopefully) well on your way to getting your tax affairs in order as June 30 approaches, and come Saturday, your finance team will be putting their feet up for a well-earned rest. But amid the mad rush of the end of the financial year, it can hard […]
By: Steve Burnham Most small business owners stay on top of their GST refunds, mainly because of the cash flow concerns that very much seem to dog many small businesses. However you may now and then have a business client that lets these things slip, and what they may not know is that they have four years […]
By Adam Joy Small businesses have different considerations to make at tax time compared to their larger counterparts. Here’s Adam Joy, CEO of the Australian Lottery and Newsagents Association (ALNA), with a rundown on what you should be focused on. The close of another financial year once again marks the time to get the books […]
By: Brian Mcdonnell Technology-fuelled digital disruption will continue to transform the Australian workforce, and the emergence of the peer-to-peer, sharing or ‘gig economy’, as we have come to know it, is one of the fastest growing examples of this. In the past, freelancers have been constrained by availability and lack of income stability, but now […]
By: Dominic Powell It’s no secret that tax time can be one of the most painful times of the year for business owners, with a seemingly ever-changing list of things on the Australian Taxation Office’s (ATO) hitlist and numerous concessions and deductions to keep in mind. To help out, the ATO has released a short list […]
By Matt Butterworth As business leaders we are always told to “think big.” Innovation and grand ideas are seen as assets when it comes to leaders of a business or employees in that business. But there is one area where you don’t always want to think big. And that is in your culture. As your […]
By: Alan Manly ‘Business is business’is the mantra of entrepreneurs. On the surface it alludes to the harsh reality of a daily battle for survival, but the deeper meaning is the difference between a surviving business and a thriving business. With that in mind, there’s four key things to do to ensure you’re thriving: Know […]
By Bernadette Schwerdt Having interviewed over 100 of Australia’s top digital disruptors, you learn a thing or two about how to build an online business. Here’s three tricks of the trade I picked up talking to those who have been there done that. Create a Minimum Viable Product(MVP) to test your idea: Even the most […]
