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.
One is the loneliest number – but it doesn’t have to be. Building your support networks when you’re a solopreneur is a boon for business and your mental health. Australia is a nation of self-starters, with ‘solopreneurs’ accounting for a whopping 62.8 per cent of our country’s small businesses. We have an unquenchable thirst to
Businesses that are creating new positions and employing young Australians may be eligible for a new wage subsidy called the JobMaker Hiring Credit, paid by the ATO. Employers that are increasing both their headcount and payroll can receive up to $10,400 per year for each new job they fill with an eligible employee aged 16 to
Prepare your business to reopen after restrictions with our handy checklist of tasks to consider. Services and technology Contact your bank to reactivate merchant terminals. Reactivate subscriptions and licences such as online booking systems and music licences Check your premises are ready to open. Inspect your physical space and make sure the power, heating, water,
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the Australian Banking Association’s (ABA) new Financial Assistance Hub and is encouraging struggling small businesses to use it. “This initiative by the ABA shows the banks are taking proactive steps to assist small businesses experiencing financial hardship,” Ms Carnell says. “While it’s good news that
The following four words could be the simplest business tip you will ever read – but they could make an enormous difference to the way you do business. Get it in writing. If you’re running your own business, when dealing with clients, staff, suppliers, contractors, landlords, managing agents or other parties related to your company,
Resilient and agile as they are, the past year has taken a huge toll on the 2.3 million small businesses in Australia, with two thirds (66 per cent) admitting the pandemic has impacted mental wellbeing. With the everyday pressures of running a business exacerbated by the pandemic, it is vital to manage stress. The challenge is
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell says it is essential for small business owners to secure their assets and business loans, with economists predicting a steep rise in insolvencies this year. Ms Carnell says small businesses need to secure their assets through the Personal Property Securities Register (PPSR) so they
If you supply products or services to other businesses, you may find that your clients seem to be deliberately prolonging paying your invoices to help control their own cash flow. However, even when this expected income hasn’t come in on time, you still have operating costs to meet in your business. Managing the impact of
Offering a discount isn’t the only way to drive more sales. There are a number of quick and easy sales techniques you can use online and in-person this festive season to attract shoppers and those keen to support local businesses. Here are some ideas to help you get started. Offer a value add Providing a
Burnout is a state of exhaustion that is typically caused by chronic stress. While not a diagnosable medical condition, it is now classified by the World Health Organisation (WHO) as an occupational phenomenon. The WHO outlines the characteristics of burnout as: feelings of energy depletion or exhaustion increased mental distance from one’s job, or feelings of
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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