Top Stories Small Business & Startups
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- The Australian Tax Breaks Small To Medium Businesses Need to Know
- Three Simple Ways You Can Begin To Automate Your Business
- Are Bots Good Or Bad For Online Business?
- All The Ways Budget 2016 Benefits Small Business
Technology holds the potential to seriously enhance businesses. For one gift delivery company in Adelaide it’s been the difference between staying a startup and growing into a national success. Adelaide-based Kelly Jamieson dreamed to have the business she founded and loved – Edible Blooms – go national. The gift delivery service, which mimics flower delivery but replaces the flowers with fresh fruit and chocolate, was a proven success in her hometown, but the next step called.
Whether you’re a small business owner or a one-man band freelancer, there are going to be times a prospective client comes to you to ask if you can offer your goods or services for free. They’ll promise you lucrative paid work in the future. Most of the time it’s not worth taking the deal. Here’s why.
There’s a well-known adage that nine out of 10 start-ups fail. In my time at Leading Teams, my observation is that start-ups frequently fail in their early days, and fail for lots of reasons. But the one we typically don’t hear about is how the team play an important role in ensuring success. And yet CB insights cited that ‘lacking the right team’ was the third most important reason why start-ups fail, covering a quarter (23 per cent) of the 101 postmortems reviewed earlier this year. Having the dream team and establishing the right company culture is crucial for any start-up or small business to ensure its longevity. Here are few tips for those who want to get started.
Working in a corporate environment, build business connections inside and outside your organisation is almost unavoidable. As a small business owner and entrepreneur, you’re often working on your own but you can’t neglect networking as it may lead to new clients and opportunities in the future. Going to networking events seems like the obvious way to build new business relationships, but there are plenty of other ways to do this. Here are a few suggestions.
Keeping track of trading stock is a vital part of running any small business day to day, but it becomes particularly important during tax time. Most people aren’t aware that damaged or outdated stock at the back of your storeroom might actually be worth something. And that by doing a stocktake, you can deduct the fall in value of your trading stock against your business income at tax time. Here’s a few tips on how to do this easily and efficiently.
Most start-ups rely on using technology to disrupt the market in their chosen industry. Even if your start-up doesn’t deal with technology at its core, it would likely involve the use of a mobile app. So can you get away with a founding start-up team with no background in technology? According to a seasoned business investor, the answer is “no”. Here’s why.
With competition heating up in the cloud storage market, Dropbox has stepped up its game and added a swathe of new tools that will help business users work better. Some of the features include document scanning through the Dropbox mobile app and version history preview to assist in file recovery. Read on to find out more.