By: Elizabeth Campbell Set yourself up for fast growth before it happens. Seems like a simple idea, right? Most businesses don’t do it, however, and when rapid growth happens, they’re caught on the hop. Earlier this year I started running events – but I don’t think I really understood what was going to happen as a […]
By: James Charlesworth When I look back over the past few years since I launched a SaaS startup, the most valuable lessons have come from making mistakes and pushing myself out of my comfort zone. I’ve learnt many lessons along the way, but I think some were more potent and more business-critical than others. To help […]
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 […]
By: Sarah Stein There’s a fine line between chaos and calm when running both a business and household. Here’s how I manage to stay on the ‘calmer’ side of the line. Some days my small business runs like a well-oiled machine and I even amaze myself! Other days, the curtains should have stayed closed and I’d […]
By: James Harkness Small to medium business owners are diligent when it comes to meeting their superannuation obligations to staff but growing their personal super is ‘not top of mind’, according to Tim Reed, CEO of cloud accounting provider MYOB. He told Dynamic Business that government and big business must play a role in eliminating barriers to owners […]
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 […]
By: Neil Slonim Cashflow and time management are the biggest pain points for Australian SMEs, according to research conducted by East & Partners for ASX-listed working capital lender Scottish Pacific. The bi-annual SME Growth Index canvassed the views of more than 1200 SMEs with turnovers ranging from $1 million to $20 million. Cashflow concerns arise from […]
By: Max Newnham What happens when your business replies on goods or services from overseas? Thankfully most small business owners only have to deal with the Australian taxation system. When a business manufactures in or provides services from Australia that are used overseas, the business is only subject to the Australian taxation system. When the goods are […]
By: Grant Field It’s usually easier to look back after a business has failed and identify why, than it is to save a business from failing in the first place. In my view there are a number of reasons for this, not the least of which is the fact that everyone is always wiser with the […]
By: Angela Vidler Hiring skilled staff who are based offshore can transform your small business and position it for growth, but it’s a decision where you must look before they leap. A business with problematic management and poor retention, for example, will not suddenly rid itself of these issues by moving its accounts payable section […]
