Small Business Advice
Owning a franchise may be hard work, but there are considerable benefits to being part of an established, successful business
At a glance, it seems that our community is working harder and longer than ever. As the national economy is slowing and unemployment is predicted to rise accordingly, it seems only natural that workers put their noses to the grindstone in an attempt to move up the ladder, or even just to make ends meet.
Tough Times Hurt More Than Just the Bottom Line
In the current harsh economic climate the one thing on everyone’s mind, both business owners and individuals, is money. Cash flow, debt repayments and investment losses to name just a few, along with “how we are going to dig ourselves out of this financial rut that we are stuck in?”
And yes, whilst money is most definitely the main concern here, a recent statement by Dr Simon Moss from Monash University highlights the fact that we must try to not let our financial worries impact on other areas of the business.
Are you eligible to report your GST only once a year?
Not every business has to report GST monthly or quarterly. Eligible clients are able to lodge their GST report once a year. For your information, the key points are as follows.
Employers’ Responsibility to Register Apprenticeships
With the apparent skilled labour shortage in the Australian workforce at the moment more small business owners are becoming aware of the benefits of taking on an apprentice.
Taking one or perhaps a number of apprentices into a business is mutually beneficial for all involved parties. The business is provided with a fresh canvas to train and educate into a valuable business asset, and the employee is provided with a unique opportunity to learn skills and techniques that can be applied in both the current position and through the rest of their working life.
Simple Tips To Keep Your Business ‘Green-Friendly’
As global warming and environmental awareness continues to be a much discussed topic, it is possible that we have become completely desensitized to this pressing issue and have simply written it off as ‘too hard’ or ‘not something that we can do anything about’.
Small Businesses Can Have Boards Too…
There is the common perception that Company Boards are associated only with large scale corporations and are usually comprised of highly (over) paid, but highly experienced executives.
In today’s competitive business world small business owners are beginning to realise that they too can benefit from having a board of expert advisors to assist with various aspects of the business’ growth and direction.