Essentials.jpg      Starting and running a small business is a massive commitment.  Unlike big businesses that can hire legions of staff to perform all sorts of roles, small business owners end up doing most jobs.  This section provides insight into some key issues for every small owner to think about.

Five tips to analyse your competitors 11 September, 2012
One of the first tasks for anyone trying to grow a business is to map out the competitive landscape. With a good understanding of the competition you face, you'll be able to spot and exploit opportunities as they develop.
Data security pitfalls: What every business should know 29 August, 2012
Cybercrime ranks as the second most reported economic crime in Australia as businesses become more reliant on online processes, yet most fail to take their data security seriously. Here are three key areas often overlooked by SMEs: employees, computer systems and social networks.
Retaining valuable employees 22 August, 2012
Your business is only as good as your employees and at the heart of this is developing a good internal engagement program to retain key staff  members. Here are three ways you can do so.
Four ways to provide quality customer service 06 August, 2012
When it comes to service, little touches make a world of difference. Here are four ways you can deliver superior customer service to turn one-time customers into repeat ones.
Four ways your business can innovate 24 July, 2012
Innovation and creativity doesn't just have to be the domain of big businesses - plenty of small businesses are getting in on it too. But if you aren't sure where to start or lack the finances to do so, here are four ways your business can innovate without spending too much.
Ending your business: What to watch out for 05 June, 2012
Ending your business is just as important as starting one, but many small business owners aren't always aware of the problems they may face when the time comes to wind up shop.
Tax Tip #14: Claim home-based business tax deductions 29 June, 2012
If you're running your business from home, either in full or in part, you may be eligible for a number of occupancy and operational or running expense deductions.
Tax Tip #13: Make repairs 29 June, 2012
Most business owners are aware that they can claim capital deductions, but what many may not know is that they can also claim a deduction for repairs to certain items.
Tax Tip #12: Claim your GST credits 28 June, 2012
If you're a business that charges their customers goods and services tax, you will need to report and pay GST amounts as well as claim GST credits via the ATO
Tax Tip #11: Remember to stocktake 27 June, 2012
Most businesses will need to do a stocktake at the end of each financial year if they have an inventory of goods and if annual turnover is more than 2 million dollars. Read on to find out what is involved in a stocktake.


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