,

How to improve your business's financial position

An important part of your business plan should be to improve the financial position of your business. Follow our steps to improve your financial position and cash flow. You don't have to use all the steps, or follow them in any particular order.…

5 tips for starting your own successful business

Want to be your own boss but not sure where to start? Some people’s dream is to nurture a business idea through to success. Calling the shots, working their preferred hours and achieving financial independence fires their dream. Many…
,

Small business insolvency reforms now in place

Insolvency reforms that will allow small businesses to restructure their debts or wind up their operations faster have now kicked in. Changes to Australia’s insolvency framework have been in effect since 1 January 2021, allowing eligible…

6 Ways To Reevaluate Your Business Plan This Month

A business plan should be a given for companies of all sizes, types, and development stages. A polished, well-defined business plan provides companies with the structure they need to realize their ultimate potential. Think of a business plan…
,

Small Business Burnout? Use This Time To Rest, Rejuvenate, And Reframe Your Business Strategy

It's been a hell of a year, hasn't it? Between the pandemic and politics—not to mention the day-to-day stressors the average small business has—it's been challenging to keep our heads above water, let alone think about the future. But…

Calling time out on your business? Some essentials you’ll need to know

When you first went into business, either buying an established enterprise or starting from scratch, probably the last thing on your mind was the day you would close the door for the last time. But in a way it’s inevitable, whether through…

New Year resolutions for small businesses

As New Year resolution time rolls around spare a thought for your business, because every business can benefit from a few resolutions of its own. Here are a few ideas that any business can build some New Year resolutions around. Make sure…

ATO’s cyber safety checklist

ATO’s cyber safety checklist Scammers never seem to rest, with even the lastest JobKeeper iteration coming in for some scam treatment. In a new update the ATO reports that it is receiving reports of email scams about JobKeeper and backing…
,

Small business insurance – why you need it

Several years ago, Steve and Ben started a small web-design business, GotyaOnline. Steve was responsible for growing and supporting their client-base, while Ben designed and built the websites. Expanding to include maintenance of client databases…