Could you afford it if a customer paid their bills late or went bankrupt? If not, here are five steps you must take to protect your business. BY OLIVER MILMAN.
Stevie used to scam small businesses out of their hard earned cash. Luckily, he is now a reformed character and is happy to share his inside knowledge to ensure you don’t get ripped off.
Reports of scams were up 35% in 2011, costing small businesses and consumers $85 million. To make sure your business isn’t next, here are 10 common scams you must be aware of. BY OLIVER MILMAN.
The Reserve Bank is considering a plan to ban businesses from imposing excessive credit card charges on customers, but an expert says the move wouldn’t affect many small businesses.
Retailers, pet groomers and web designers are frequent targets for scams, an academic says, after the competition watchdog revealed more than $85 million was lost in business scams last year.
Small Business Minister Brendan O’Connor tight-lipped on tax ideas for small business, pledges to “advocate strongly” for sector3:11PM | Monday, 19 March 2012 | Madeleine Heffernan
Brendan O'Connor, the newly appointed Small Business Minister, says any Government worth its salt should be providing opportunities to small business.
The Federal Government may consider introducing a new corporate entity specifically for small businesses, which would give them access to some of the benefits that larger companies enjoy.
Small business experts are speculating on the role of the federal small business commissioner, including how it will differ from that of the small business minister and state commissioners.
Shopping centre giant Westfield is reportedly introducing a charge clause in lease agreements for its retailers to offset the costs of the carbon tax, but Prime Minister Julia Gillard has rejected the claim.
Federal Finance Minister Penny Wong is refusing to guarantee the July 1 start date for Labor’s company tax cuts, but Trade Minister Craig Emerson insists the measure will be in the Federal Budget.
The Gillard Government has announced the establishment of a Federal Small Business Commissioner, which it says will act as an advocate for Australian small businesses.
Entrepreneurs are the key to boosting productivity, according to a research paper from the Institute of Public Affairs, but are held back by excessive regulation and taxes.
The Greens have outlined their tax wish list, calling on the government to legislate its company tax cuts and lift the definition of small business from $2 million to $5 million income.
Australian seed fund Startmate has denied that it is contributing to a brain drain of local start-up talent, after advising its latest batch of start-ups to become incorporated in the United States.
Employers will face a three-pronged pay push in coming months as unions seek pay increases for adult apprentices and other workers, while junior retail workers could also receive a pay rise.
Business groups have welcomed Brendan O’Connor’s appointment as Small Business Minister, but expect the former union official to quickly get to work on meaningful reforms in the sector, especially when it comes to cutting red tape.
The Australian Securities and Investments Commission has released regulatory guidance to help businesses prepare for its new national register of business names.
Brendan O’Connor has been named Australia’s new Small Business Minister, with Julia Gillard heeding business calls by making it a Cabinet position.
The Franchise Council of Australia will tomorrow discuss a voluntary code of conduct for retail landlords and tenants, but the Shopping Centre Council is strongly opposed to the idea.
Labor Senator Mark Arbib has stepped down from his role as Small Business Minister, much to the exasperation of the small business sector, which will now have to deal with its fourth federal representative in five years.