What is a sole trader business? Put simply, a self-employed individual who owns and operates their business. They are legally responsible for every aspect of the business, which includes losses and debts. Under the sole trader business structure in Australia, the individual can hire employees.
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has launched an inquiry into small business natural disaster preparedness and resilience. The inquiry, referred to the Ombudsman by Minister for Employment, Workforce, Skills, Small and Family Business, the Hon Stuart Robert MP, will examine
Australia is currently experiencing its worst COVID-19 outbreak, having recorded more cases since 1 January 2022 than it did throughout 2020 and 2021. COSBOA members met on 14 January 2022 to discuss the outbreak’s impact on small businesses and canvas solutions. The following themes emerged
The last two years have been anything but certain for Australian businesses. Since the beginning of the pandemic, few have been able to escape the devastating impacts of lengthy lockdowns, ever-changing restrictions, supply chain disruptions and staff shortages. The summer seemed to hold promise for
According to research by SavvySME, business owners and entrepreneurs in the hospitality industry lagged significantly behind those in other industries when it came to online activity. The SavvySME Industry Report 2022 analyzed how active each industry was on the business community marketplace in the past
The Reimagining the Visitor Economy report identified the need for destinations to diversify their products and experiences. Doing so will help attract more visitors from Australia and overseas. This recommendation has been incorporated into the draft visitor economy strategy, THRIVE 2030. Adelaide Oval, the National Zoo
Global food prices have risen to their highest level since June 2011. Price rises are being driven by poor growing conditions in some production regions. Steep increases in logistics and fertiliser costs worldwide are also leading to higher prices. Trade implications Favourable seasonal conditions have
If you have never ventured into the world of business ownership before, you may be wondering how different it will be from being employed by someone else. We put together some details on how owning your own business can be a different experience from being
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the Australian Government’s commitment to renew funding for a critical mental health program tailored to small business owners. Acting Minister for Small and Family Business Anne Ruston announced today that an additional $4.6
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson is urging people to refrain from posting negative online reviews, as short-staffed small businesses struggle to stay open. Mr Billson says many small businesses are working hard to keep their doors open and their employees
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