Freelancers in all industries deal with the same problems due to the nature of their work. Typically, freelancers are solo work-from-home contractors that manage every aspect of their business. If you're thinking of dropping your career as an employee to begin freelancing, consider the following obstacles you will need to navigate. Unfortunately, problems beget more problems, and a shaky foundation quickly leads to a crumbly business, and many regrets about starting in the first place.
Single Touch Payroll
From 1 July 2019, you will have to transfer your payroll transaction data to the ATO each time your employees are paid using a software solution to do this.
Topics: small business accounting, accounting, management
Taking out a business loan may be your first plan of action for financing business growth. But there are excellent reasons to consider other options for finding capital to expand your business.
Topics: financial, small business, management
Nine Ways to Become a Better Investor
Everyone would like to become a better investor. People get into a twist trying this method and that only to abandon them for the next new thing. There's an easier way, and it involves following a few simple suggestions.
Topics: investment, management
Getting Your Business Through Tough Times
If your business hasn't gone through hard times, while great, is likely to happen at some point. As much as we'd like to think our businesses will never experience slow times, many aspects are beyond our control that can negatively affect the business.
The following are four tips, to help get your business through a difficult period.
Topics: small business, management