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.

Hiring new staff
Staff are an important part of every business, however for SMEs they can really make or break a team. With a small group of people working closely together, having the right mix of skills and personalities is absolutely critical to your success.
Selling your business
Every small business owner eventually confronts the issue of selling their business after years of hard work. It might be that its time to retire, no one else in the family wants to take on the responsibility or it must just be time to enjoy the rewards of all your hard work.
Hiring new staff: 10 tips for recruitment success
Your business is growing and it's reached the point where your current team can no longer manage all that needs to be done..its time to hire additional staff to help you reach your business goals.
Are your contracts legally binding?
Contracts are a critical part of your business success. They not only confirm agreements but they provide protection if parties seek to breach those agreements. If you have ever signed a lease, gotten married, opened a bank account or even used certain internet sites you've made agreements with various people or firms. These agreements are commonly known as legally binding agreements.
Fighting fraud
Corporate ID theft and fraud are becoming increasingly common, with fraudulent business transactions having significant detrimental impacts on businesses around the globe. The Australian Institute of Criminology estimates that corporate fraud costs the Australian economy approximately $3.5 billion each year, making it one of the most expensive categories of crime in the country.
Small business exporting
Australia's exporting community is dominated by SMEs. Research from the Australian Bureau of Statistics (2007) reveals that almost 90 percent of Australian exporters are either small or medium sized enterprises. In addition, research conducted by Austrade and Sensis shows that around 15 percent of Australian SMEs now export their products and services around the globe.
D&B's Guide to Cash Flow and Credit Risk
The global financial crisis has had a dramatic impact on the Australian business environment. Gone are the days of highly leveraged companies being the darlings of the share market. Risk is back and the new world has an aversion to risk. The rules of the game have changed.


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