To say that the pandemic has been a game-changer for small businesses in Australia would be one helluva understatement. Not only is a small business playing by a whole new set of rules; they are stepping out onto a new field: online, writes Erica Jolly, digital marketing expert and delivery manager at MI Academy. According to… Read more »
If you’re one of the increasing number of Aussies who want to start a side hustle, how do you get it off the ground and, just as importantly keep it going? How is this for a sign of the times? A record 6.5 per cent of Aussie workers have a second job. That’s 850,000 people.… Read more »
Bill Gates was 21 when he and Paul Allen registered Microsoft. Steve Jobs was 22 when he and Steve Wozniak launched Apple. Mark Zuckerberg started Facebook in his Harvard dormitory. The biographies of these tech billionaires who achieved great success in their twenties has helped cement the perception that entrepreneurship is a young person’s game.… Read more »
The checklist for a business startup is long and varied. There is a multitude of actions, processes and essentials to put in place to ensure long term success, writes Annette Densham. As a business startup, there is so much going out (and not much coming in) in the early days that it is tempting to… Read more »
The Australian Taxation Office (ATO) has set up a temporary ‘shortcut method’ to claim work from home deductions this year. Here’s how to use it to when you do your 2021 tax return. The shortcut method was introduced last year in response to the rapid rise of people working from home. ATO says shortcut method is… Read more »
What’s the best way to turn your passion or hobby into a side hustle? And are the returns worth the risks? It’s becoming increasingly popular to try to pocket some extra cash. In fact, a 2019 AMP study indicated that a whopping 67 per cent of Aussies were working on a side project. The study… Read more »
A globally recognised expert on family enterprise and family wealth, Professor John Davis have been studying the changing nature of family business since the 1970s. As the founder of the Cambridge Family Enterprise Group, Davis has advised and educated families all over the world on how to achieve longevity and success. Over the years Professor… Read more »
The Institute of Chartered Accountants have issued a terrific checklist for small business owners to think about in coping with the pressures from the Coronavirus. Naturally discuss it with your accountant. 1. Your employees With so much uncertainty, a clear communication strategy is essential to maintain connections with employees. Make sure you keep them in… Read more »
Did you miss this week’s Facebook Live session with David Koch and Ben Nash from Pivot Wealth? Watch the segment now as they give a rundown on this week’s economic updates and answer questions from users on Facebook. Questions answered this week: – I’m 38 and have paid off my family home. Should I invest… Read more »
As a couple that has been operating our business together for nearly 20 years, the most common question we get asked is “How have you worked and lived together for so long without killing each other?” writes Melissa Edyvean and Martin Buggy, founders of Bondi Chai And the most common comment people make to us… Read more »
