The Treasurer Joe Hockey handed down the federal budget on the 12th May and stated, “Our future growth will come from growing small business into big business.” Small business was front and centre in this budget and according to the Treasurer the budget “empowers small business to invest, grow and create jobs.”…….
According to the Australian Securities and Investment Commission’s (ASIC) annual report published in October 2013, the number of businesses registered in Australia has reached a record 2.03 million. The report also indicated that nearly 200 businesses a week in this country enter external administration…..
The great Australian dream may now include owning your own business according to a report released by The Global Entrepreneurship Monitor. It claims that more than 10% of the Australian adult population are either in business or planning to start a business. The entrepreneurial spirit is incredibly high amongst Generation Y with 83% indicating they are keen to become their own boss….
The first quarter of a new financial year is the perfect time to conduct an ‘audit’ on your business to assess what is working in the business and what needs working on. Although the word ‘audit’ conjures up some pretty negative thoughts for most business owners, this is not a witch hunt. We simply suggest you take a step back to review the direction of your business and your financial goals for the year ahead….
If you’re a music trivia buff we’re sure you’re familiar with the 1979 hit single for The Buggles, ‘Video Killed The Radio Star’. This annoying (but catchy) song was a huge hit and 35 years later some of the lyrics provide a valuable message for every Australian business owner…….