Crowdfunding Your Business
March 11, 2016 by Business Loans -
As the name itself suggests, crowdfunding is a method of funding your business by using the capital offered to you by a large number of individuals. Practically, a crowd will put their money together and invest in your business. Is Crowdfunding Successful? If we are talking about the success rate of this innovative method, there are a few outstanding examples we should not omit. One of the most amazing is the case of Pebble E-Paper Watch. Only in 37 days, they have raised over $10 million, which is definitely a considerable amount of money for any business. Some people needed […]
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How to Dismiss an Employee the Right Way
August 19, 2015 by Business Loans -
Small businesses may experience trouble on how to dismiss an employee the right way. Most of the time, manpower is composed of 20 people or lesser than that. Because the number is few, they start to have a bond and dismissing an employee becomes difficult. Applicants try to impress their boss during interviews. They get hired because employers believe that they can become assets in the future. But somehow along the way, things didn’t turn out well. Employers expect their employees to perform their jobs effectively. But because of various reasons, they have to let go of employees who failed […]
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Get Your Small Business Online to Get Ahead of Competitors
August 11, 2015 by Business Loans -
Small businesses make up the vast majority of businesses in Australia. At around 96 percent of all companies in Australia, it might come as a big surprise that only about half of them have a website. For many small businesses, online marketing might seem unnecessary and too hard or too expensive. A small family run shop might not see the need for having an online presence but it can be the thing that makes the biggest difference. A self-employed handy man putting in long hours every day of the week probably does not want to take a stab at building […]
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Small Business Tax Deductions in the 2015 Federal Budget
July 2, 2015 by Business Loans -
The new Federal Budget released in 2015 has announced welcoming news of tax deductions for small businesses. The new deductions will reduce the tax revenue for the government in the short term but it will be recovered over the long term. The Federal Government’s new budget has a $5.5 billion small business package at the center of the new budget, aimed at sparking small business growth through tax deductions. Small Business Tax Deductions All small businesses that have a turnover that is less than $2 million a year will have the ability to deduct a single asset that has a […]
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Small Business Cash Flow and Sales Management
June 5, 2015 by Business Loans -
Cash flow is the lifeblood of small businesses. It is the movement of money into or out of a business, project, or financial products, usually measured during a specified, limited period of time. Maintaining a healthy cash flow is one of the most important aspects of running a small business. It is critical to the growth of the business and is largely dependent on it. A business owner must either cut costs or find another alternative source of funding when the employees are not being paid on time with the system of cash flow. This dependency is highlighted when a […]
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