Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
There were many things about 2020 that no one could have predicted. From the global pandemic that completely changed our way of life to even the unlikely comeback of QR codes – the constant change of this year has forced advertisers to step back from their well-planned marketing strategies and adjust moment-by-moment. Despite there being …
Often referred to as the ‘Golden Quarter’, the holiday season is one of the busiest and most lucrative times of the year for retailers. And after what has been a tumultuous and economically tough year, the final push to boost holiday revenue is more important than ever. With many consumers feeling overwhelmed by the thought …
How marketers and SMB retailers can navigate a tricky Christmas season Read More »
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says the ACCC is rightly concerned about Woolworths’ proposed acquisition of 65% of PFD Food Services Pty Ltd. In October, the Ombudsman wrote to the ACCC to formally oppose the $552 million deal, saying it would be detrimental to small businesses in the food distribution …
Why Woolworths’ proposed acquisition of 65% of PFD Food Services could hurt SMBs Read More »
On 6 October 2020, the government announced the JobMaker Plan to support businesses. One of these incentives is temporary full expensing. In their 2020–21 and 2021–22 income years, eligible businesses can immediately deduct the: business portion of the cost of eligible new depreciating assets cost of improvements to existing assets. If your business’s aggregated turnover is …
Businesses with less than $5b turnover can use temporary full expensing Read More »
Eligible businesses, for the 2019–20 and 2020–21 income years, may be able to deduct the cost of new depreciating assets at an accelerated rate using the backing business investment – accelerated depreciation rules. For each new asset, the backing business investment – accelerated depreciation deduction applies in the income year that the asset is first …
Eligible businesses can deduct the cost of new depreciating assets Read More »
NAB upgraded its forecasts two weeks ago to expect a stronger near-term recovery in activity and a lower peak in unemployment for the Australian economy. • Driving our change in view has been the continued strength in NAB’s transactional data and the solid turnaround in business conditions and confidence recorded in the NAB survey. Our …
Solid turnaround in business conditions and confidence recorded in the NAB survey Read More »
Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
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