Focus on areas in your business that are steadily growing and giving you that confidence to shift from covid conditions to post covid conditions.
Those affected by changes will be small businesses with closely held payees, micro-businesses that employ very small numbers of staff and those with seasonal employees. These businesses now need to declare the wages of all employees on or before the payment date, not quarterly as was previously expected, and they need to do so by July 1st 2021.
Crypto trading, mining and staking are all terms given to cryptocurrency activity that one user can perform. Crypto trading refers to the buying, selling and ‘swapping/trading’ of currencies and the ability to use these ‘coins’ to purchase or trade for other assets, such as money. You need to be aware that all of these events are taxable.
As indicated in the latest budget data, the Australian economy has recovered faster and better than projected. Despite its minor shortcomings, JobKeeper successfully kept most companies viable and individuals employed.
The sooner you work on an exit strategy, the simpler it is for you to reach your goal for yourself and your business. If you don’t think exit planning is a top priority for your company right now, then these three reasons might change your mind for the better.
Maybe you’ve managed to do well when you first launched your small business, but not as great as you had initially planned and anticipated. Of course, it’s normal to have big expectations and achievements for the forthcoming years. Still, without any improvements to the business, the chances of success and meeting your objectives are small.
Recent research shows that at least 82% of small businesses end up failing because of poor cash flow management. That’s why if you run a business and want to make it successful, here are tips that can help you avoid cash flow problems.
Today’s industry is fiercely competitive, and if you want to stay afloat as a growing enterprise, you’ll need to bring consistent work to the table. You’ll have to develop many aspects, from how you use social media to how you plan traditional marketing campaigns.
Now that medical experts and scientists have developed vaccines to mitigate the effects of the virus, a lot of businesses are slowly implementing post-pandemic strategies to get ahead of the curve.
While there is no such thing as a perfect formula for starting a small business, here are 3 practical ways to drive your startup business to success.