The demand for revision in the definition of MSME has been pending for a long. The low threshold in MSME definition has created a fear among MSMEs of graduating out of the benefits and hence killing the urge to grow. The new MSME registration process and definition have been simplified, clearing away any previous fears…
Most good startups have one thing in common – a very social entrepreneur who is smooth at networking. In today’s world, it is extremely important to showcase your ware and ideas in front of the right people, at the right time. Due to the growing popularity of startups and the need for a place for…
A free inventory management software that works well is difficult to find and use. All software cannot be like ProfitBooks, which offers powerful and 100% free inventory management and is also easy to use. In this article, we discuss how inventory management works, and what free inventory management software you should use as a small…
There is a plethora of fluffy easy-reading business blogs that constitute the bigger business publications on the internet these days. Do not fall for them. These business blogs are written to appeal to the broadest possible audience, which in turn makes their content generic and useless to real businesspersons. Instead, try these business publications because…
Any business owner needs to do proper accounting to ascertain that the business makes profits. In the past, business people kept paper records that would, often, be difficult to consolidate. In the present day, the advancement in technology has eliminated the need for large paper files. Instead, small business owners can use free accounting software…
If you’re running a business in Australia, you’ve probably heard of the Business Activity Statement, or BAS for short. It’s not just another piece of bureaucratic jargon; it’s a crucial part of managing your finances. BAS is like a financial report card that Aussie businesses must submit regularly to the Australian Taxation Office (ATO). In…
Australia has a rather simple business structure. Unlike the rather complex 11-type business structures of UAE, Australia only has four main types of companies that can be formed. In this article, we will talk about all four of these business structures, how they operate and what are tax systems surrounding them. So let’s get right…
To start a business in Australia, you need to first apply for an Australian Business Number or ABN. This is a basic necessity every Aussie business needs to take care of. Taking care of the legality is the number one priority, and every legal step has guidelines that must be followed. On that note, in…
Over the years, marketing as a concept has developed a lot. Gone are the days when businesses used the conventional marketing techniques of pamphlet distribution, and newspaper advertisements to reach out to their target audience. With changing times and the evolution of technology and advertising platforms, brands have explored digital channels where they get many…
Payroll in general refers to the process of managing employee compensation, including calculating wages, deducting taxes, and distributing payments, usually on a regular schedule, like biweekly or monthly. In Australia, there are certain payroll rules and regulations and a special tax asserted by the Australian Taxation Office (ATO). Australia’s thriving economy and welcoming business atmosphere…