04
May 2015
Get it Right: It’s Sell, Not Tell
Selling a product or service — verbally or through marketing efforts — shouldn’t be a one-sided, pushy endeavour. Since small business owners believe in what they’re selling, there’s a strong desire to tell potential customers everything all at once.
02
May 2015
Good Accounting Matters
If you’re like many small business owners, you probably have a somewhat rudimentary understanding of business accounting. But wrapping your head around the VPNfair, especially for those math-avoidant types, can be the least favorite part of owning a business. And while it may seem easiest to focus in on a few vital tasks, experts insist that all elements of business accounting are important. Linda Pinson, owner of Out of Your
16
Apr 2015
Upcoming Tech Trends In 2015
As a small business owner, I know how hard it is to keep a business running while wearing ten different hats at once. And that’s to say nothing of keeping up with tech trends and identifying the ones that could impact my business. That’s why it’s not surprising to see a lot of small business owners who are resistant to trying new technology. If you’re in this boat, don’t shy
16
Apr 2015
Upcoming Tech Trends In 2015
As a small business owner, I know how hard it is to keep a business running while wearing ten different hats at once. And that’s to say nothing of keeping up with tech trends and identifying the ones that could impact my business. That’s why it’s not surprising to see a lot of small business owners who are resistant to trying new technology. If you’re in this boat, don’t shy
16
Apr 2015
Upcoming Tech Trends In 2015
As a small business owner, I know how hard it is to keep a business running while wearing ten different hats at once. And that’s to say nothing of keeping up with tech trends and identifying the ones that could impact my business. That’s why it’s not surprising to see a lot of small business owners who are resistant to trying new technology. If you’re in this boat, don’t shy
13
Apr 2015
Super Fund Numbers – SPIN, SFN, USI, ESA
There are a range of numbers and identifiers relating to super funds, some of which are relevant for SMSFs, and some of which are not.
02
Apr 2015
Muddy Waters: Business Financing
According to a recent Manta survey of more than 1,000 small business owners, nearly 70 percent feel the small business funding environment has not improved over the past year and that there aren’t enough choices available. Most still rely on traditional means (such as bank loans, savings and credit cards), while 23 percent have used an alternative lender other than a bank and only two percent have implemented a crowdfunding
02
Apr 2015
Work-Life Balance & Small Business
Small business owners are known for their hard work, but according to a February 2013 survey, the hours spent on the business do not come at the detriment of personal relationships. Of more than 1,100 small business owners surveyed, 61 percent indicated they are married, and only 20 percent said that work-life balance was an issue for their significant others. Additionally, 32 percent reported that owning their own company has
02
Apr 2015
Changes to pay as you go withholding cycles
From 1 July 2015, some business owners will have their pay as you go (PAYG) withholding cycles changed. The cycle change is based on the amount you withheld under your Australian business number (ABN) in all branches during the 2013-14 Financial Year. If you withheld between $25,000 and $1 million, you will need to report and pay monthly. If the amount was more than $1 million, you will need to report and pay electronically according to the
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