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There are over 2 million small businesses within Australia, with the number constantly rising. Here are some key reasons as to why so many are making the switch:

Small talk. Stroking up conversations with strangers. Networking. Feeling uncomfortable yet?

With a new financial year comes new opportunities for your business. This is the time when new goals and resolutions are made for something to strive to in the upcoming year. One way to make some big changes is to implement a business budget. While this may sound daunting, it is key to ensure good financial health in the long term.

One of the biggest struggles for businesses today is attracting the best talent. Recruitment agencies and online job boards are widely used options in this regard, however they sometimes come with a hefty fee. However, even if you have the recruiters on the case and the best ads, there is no guarantee you will find the best person to fit your open position.

One of your business's most important assets are your existing customers. They're the ones who've already found and chosen you over competitors, and are familiar with your products/services. For these reasons it's cheaper to focus on increasing sales with these customers rather than attracting brand new ones.

aThere always seems to not be enough hours in the day to get everything we want done - both professionally and personally. However, if we simply identify and change certain bad habits - such as a poor work/life balance, too much tv or procrastinating tasks - we could all get back those hours to reclaim our productivity.

If your business has a website, you're likely aware of the importance of a tool SEO is for aquiring new customers. The following are some tips to use SEO's in your favour:

Starting your own business and venturing into the unknown is a very exciting prospect. Essentially you are creating your own destiny.

It may seem scary to hand over all your finances to a "stranger" when looking to outsource your bookkeeping. But truthfully, it's one of the smartest decisions you can make as a business owner.

While it may be shocking, there are some small-to-medium-sized businesses who don't have a proper business plan. This isn't due to owners not knowing what they're doing: they've just had a great idea, quickly set up and hit the ground running. However, in time, business dries up and all the required admin is pushed aside in favour of day to day productions and sales.