Are you a small business owner feeling overwhelmed by social media? Me too! I got a degree in communications well before anybody had smartphones or Facebook friends, and the word “content” was mostly used to describe somebody who was pretty happy with their life. I’ve learned everything I know about digital marketing on-the-job over the course of...
Are you thinking it may be time to move on from your business? If you’re planning to sell your business, your mind has probably jumped to thoughts of how to manage the sales process and the price. But before listing it for sale, there are important housekeeping tasks to help you: package your business so that it’s attractive to a new buyer make the...
Running a business is challenging, and while many business owners are focused on optimising sales, marketing and accounts, essential information technology (IT) requirements can be easily neglected. Here are five IT areas that are easy to do and can give your business a big boost. 1. Maximise your web presence When was the last time you gave your...
If you’ve wondered whether your food based business could benefit from using delivery apps, here’s some food for thought. With so many delivery apps to choose from, it’s never been easier for someone to have a meal, snack or special treat delivered to their door. If you run a food based business, you might have wondered if it’s time to get your...
The Australian Taxation Office (ATO) has announced it won't take action on late directorID applications if you apply by 14 December 2022. Find out more. From 1 November 2021, you will need a director Identification Number (directorID) if you are the director of a company or want to become one. What is a directorID? A directorID is a unique 15 digit...
If you have a great idea for a new product, you’re at the start of an exciting but complex business journey. From developing your idea to testing demand in the market and finding the right manufacturer, here’s your guide to the steps involved in turning your idea into a new product available for sale. Step 1: Develop your idea Developing any new...
When an epic overseas trip in 2012 sparked an idea for a side hustle, Josephine, her husband Vince and business partner Michael embraced their entrepreneurial sides by importing and selling unique luxury tiles. Initially targeting qualified tilers for commercial projects, the team started selling out of a shipping container. They soon realised they...
Problems and delays getting invoices paid can be an issue for all types of business – and contractors and subcontractors in the construction industry can be hit particularly hard. Many subcontractors and suppliers have to spend considerable amounts of money to pay for the materials and labour they need to complete a project. Issues and delays...
Did you know that your average Australian small business signs eight standard form contracts per year? This is why it’s so important to know your rights when entering into a standard form contract, or providing a contract to others. While protection for consumers entering into a standard form contract has existed for many years, in 2016 similar...
If you accept cash payments, make sure you know how to spot fake banknotes so you don’t find yourself out of pocket. Counterfeit money, in particular fake $100 notes, can often creep into circulation in particular during festive and holiday periods. Remember: you’re within your rights to refuse to accept a banknote If you suspect it's counterfeit...
Cheaper prices can certainly make your products and services attractive to some customers – but are they are a sustainable business strategy? We’ve spoken with a pricing expert to debunk some common pricing myths. If you’re like most small business owners, setting your prices can be difficult. While you want your products or services to appeal to...
If your business has been affected by a skills or labour shortage, here are some ways you can take action to keep your business thriving. An ongoing challenge many businesses are facing is the shortage of skilled or available workers across many industries. Some workers may have changed careers or industries, others may have moved away or perhaps...
