The global pandemic continues to have a heart-breaking effect on many small and family businesses. With the lockdown in Sydney extended until at least the end of September, and lockdown in regional NSW, Victoria and the ACT extending well beyond what was originally hoped for, it’s a tough time for many owners and leaders of small… Read more »
Indigenous entrepreneurship organisation Barayamal is set to open the Barayamal Centre of Entrepreneurship (BCE) in Brisbane next month to foster the growth of First Nations businesses. Along with an event space and meeting room, the BCE will offer coworking space for up to 30 entrepreneurs. Dean Foley, founder and managing director of Barayamal, said the space aims… Read more »
Australia is often seen as a strong test market for foreign based businesses looking to expand: our economy is just sufficiently big and diverse to test and iterate, while still being small enough to make the cost of testing across the market affordable. For tech-based businesses in particular, our strong digital penetration – 88 percent… Read more »
Pursuing your passion and being your own boss can be both exciting and stressful. Long hours, unpredictable cash flow and multiple responsibilities can make you mentally exhausted, stressed, anxious or depressed. These feelings could challenge your ability to run your business and affect your employees, suppliers, customers and family. Watch out for the warning signs… Read more »
Small business owners typically plan for the future, protect their assets and have a succession plan in place but Life insurance is often put in the “too hard” basket. Yet Life insurance can be the most important risk protection a small business owner can purchase as it can help to perpetuate their business. Life insurance… Read more »
One of my most influential mentors always says the owner is the biggest asset of any small business. Yes, clients are very important and so are customers. But you are the most critical component of your business. You are the creative, cultural and sales driver of your business. However, if you’re jaded, lacking enthusiasm, uninspired and burnt… Read more »
A survey of more than 500 Australian small business owners and managers found nearly four in five (79%) of those polled support a government-backed policy to shorten the time it takes big businesses to pay small businesses. Late payments can cause major strain on small businesses, who are unable to hire more people, purchase more… Read more »
If you can ensure you have these 3 things right then you’re on your way to building an amazing business.
Small Business First, a new small business community website, has partnered with EnergyAustralia to come up with an exclusive money-saving deal for small businesses.
Starting a business and owning the label “entrepreneur” is exciting.
Don’t be a business that ends up closing their doors before giving it every opportunity it has.