What Insurance Do You Need For Your Small Business?

Getting insurance for your small business might seem like a rainy day task – after all, you don’t start a business expecting things to go wrong – but if you do end up needing it, you’ll almost always wish you did it sooner. The good news is, there are different types of insurance for small business owners and insurance plans that can be tailored to their needs. Follow our guide below to find out more. Workers Compensation and Third Party [...]

Raising Capital For Your Small Business

Raising capital for a business venture isn’t always easy, but it’s crucial if you want your business to grow. Even if you have an incredible business idea, without acquiring capital, it won’t become the next unicorn. But you’ll need to prepare yourself: the world of investment can be unforgiving, with networks being difficult to break into, and the language used by investors often leaving startup founders scratching their heads. The good news? If you dedicate a bit of time and [...]

Why Ergonomics Is So Important For Your Office Staff

Ergonomics is commonly referred to in the workplace, but rarely implemented at a meaningful level; often due to time or cost barriers. But investment in ergonomics can benefit your office staff in the long run (making for a more positive environment – plus saving you time and money, so it’s important to take it seriously. What is ergonomics? Before we look at the reasons why ergonomics is valuable in the workplace, it’s important to understand exactly what ergonomics is. The International Ergonomics [...]

Your Five-Step Guide To Applying For A Small Business Loan

As a small business owner, applying for your first loan can be an exciting time. After all, it might give you the kickstart you need to grow your startup. But some questions are likely to come up. For example: What your loan repayments will be? How to compare business loans? And, should you choose a short-term business loan or a long-term one? All of this can be overwhelming but securing a business loan that is appropriate for you is possible [...]

Do You Need An ABN?

An ABN, or Australian Business Number, is a must if you’re a sole trader or starting a new business. But how do you get an ABN? And, how much does an ABN application costs? Here’s everything you need to know. What is an ABN? An ABN is an Australian Business Number. It’s an 11-digit number that the government and community can use to identify your business – as an example, you can find this on a website of a small business [...]

How To Do Your Own Bookkeeping

As a small business owner, you’re always busy: managing staff, developing a marketing strategy, pursuing client referrals or completing any number of other tasks on a day-to-day basis. So, it’s understandable that keeping clear, accurate and comprehensive financial records falls to the back of your mind. But bookkeeping is incredibly important: both to keeping you informed of your business’s financial standing and also to avoid negative consequences for failing to report financial information properly. Here are five tips to [...]

10 Best Home Business Ideas To Inspire You To Be Your Own Boss

Choosing your own work hours, deciding which projects you take on, and possibly even pursuing your passion. Sounds like the ideal work situation, right? With a little creativity, you could be running your own business from home sooner than you think. For many, working from home became the new normal in 2020. Some companies have truly embraced this change – choosing to adopt a remote or hybrid work model on a long-term basis – as have most employees, who have [...]

Business Activity Statements: What You Need To Know Before Lodging

If you’re a business registered for GST, you’re probably aware that you need to lodge BAS, or a Business Activity Statement. So, where do you start? Read on to find out. Preparing and submitting a Business Activity Statement (BAS) is part and parcel of running a small business, assuming your business is registered for GST. But if you’re new to the small business world, it might be your first time encountering the BAS reporting system – it’s important to be [...]

A Fresh Start: Six New Year’s Resolutions For Your Small Business

Running a small business always comes with its challenges, and with the arrival of a new year comes the added pressure to assess how you’re doing things, and where you’ll go next. Regardless of the industry you’re in, the size of your company or the amount of success you’ve experienced so far, here are six business goals that will never go astray. 1. Reflect on the past year — the highs, the lows, and everything in between It’s important to regularly [...]

JobMaker Hiring Credit

Getting Australians back to work. We can all admit 2020 was a rollercoaster, and unfortunately small businesses and their employees had front row seats. Luckily, with the introduction of JobKeeper, many Australians were able to keep afloat while they weathered the storm. However, with unemployment at 7% in October and the economy struggling, a new scheme was introduced. The Job Maker Hiring Credit is a $4 billion Government scheme designed to support a stronger economic recovery and get more Australians back [...]