Crowd Source Equity Funding is a relatively new way to raise the funds needed to expand your business or to kick start a new venture. First things first. CSEF stands for Crowd Source Equity Funding. It’s a relatively new way to raise funds to expand your business. CSEF is evolving here in Australia with the introduction of the Corporations...
Our Small Business Commissioner, David Eaton, is calling on small business tenants and landlords to work together during this difficult time.
The way you’re feeling can often be aligned with how well your business is doing. The thought of whether you can pay the bills or wages, or whether your business can actually continue, are burdens that can weigh heavily on any business owner. There are a number of ways you can manage any stress and anxiety you are feeling. Unfortunately due to...
If you renew your business trademark through a private organisation, rather than IP Australia, you could end up paying three times more than required.
Landing a big client is generally cause for celebration as a small business owner. If you’re signing a contract to supply a client with your products or services, you might be asked to commit to an exclusivity clause. An exclusivity clause means you are being asked to restrict your supply of products to just that client, industry or geographical...
There’s more to offering a discount than simply reducing your prices. Offering discounts is a popular promotion technique to help increase sales and attract new customers, particularly if business is slow or you’re just starting out. Before you start offering discounts across the board, some careful planning, and considering other ‘value add’...
Withholding retention payments in construction can affect subcontractors’ cash flow and profitability. Often used in the construction industry, retention is a fixed percentage of the total payment due for a contract, withheld for a period after the work is completed. It’s there to make sure that the contractor or subcontractor properly completes...
It can be a lonely road when you work from home. Here are our tips on how to beat the isolation for the benefit of your wellbeing and your business.
Find out more about the pros and cons of short term leases and one could be right for your business.
Would you know what to do if a business stopped paying your invoices or became insolvent? What you may not know is that in these situations you are considered to be an unsecured creditor and there are some important government regulations you should be aware of to try and protect yourself from losing money or assets. What is a creditor? You are a...
The Australian Taxation Office (ATO) has recently announced changes to how your employees can calculate tax deductions if they work from home. Here’s your guide to the changes. Millions of Australians work from home for some or all of their working week. If your business is structured to have your employees working from home at some stage, they...
Supply chain management can be complicated. There will always be factors you can’t control including global events, economic conditions and industry challenges, which can impact your supply chain. To help support your business, it’s worth examining the risks involved along your supply chain and finding ways to streamline your processes. Steve...