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Australian Small Business Centre Blogs

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  • What Can Go Wrong in a Joint Venture?
    by Steve Slisar on August 8, 2017 at 7:29 pm

    Cover your tracks when setting up a joint venture JOINT VENTURES ARE A great way to start a business, because they allow two or more parties to pool their resources together to get a particular project off the ground. As we’ve said previously, each party in joint venture shares in the profits, governance and the […] The post What Can Go Wrong in a Joint Venture? appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • Are You Asking the Right Questions About Your Obligations in a Joint Venture?
    by Steve Slisar on June 27, 2017 at 7:28 pm

    Do you know the difference between a joint venture and a business partnership? WE HAVE WRITTEN BEFORE about what makes joint ventures successful. Indeed, joint ventures are an appealing way to start a business because they enable two or more parties to create a business entity, in which they each share in the ownership, governance and the business […] The post Are You Asking the Right Questions About Your Obligations in a Joint Venture? appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • How To Perform a Credit Check on Customers
    by Steve Slisar on June 15, 2017 at 7:12 pm

    A good credit history is good news for you THE BEST WAY to ensure your customers pay their bills on time, every time, is to ensure they have a good credit history. Performing a credit check should be part of your credit management process, as it will determine whether or not you should do business with […] The post How To Perform a Credit Check on Customers appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • The ATO will be Visiting Cash Businesses
    by Steve Slisar on June 5, 2017 at 7:34 pm

    Cashed-based business? Time to move ahead CASH CONTINUES TO be common in some types of businesses. However, the ATO urges Australian businesses to be aware of the numerous advantages of electronic payment and record keeping systems — especially in the long run. The ATO plans to visit businesses, focusing particularly on those dealing mainly in cash, in […] The post The ATO will be Visiting Cash Businesses appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • Do Circulating Asset Provisions Protect You?
    by Steve Slisar on May 29, 2017 at 7:11 pm

    How to use your assets as security for a loan YOUR BUSINESS MAY need working capital in order to grow, but perhaps you are reluctant or unable to secure a loan for it. If you have in place sound credit management procedures, one option is to sell your receivables — known as invoice factoring — to a third party […] The post Do Circulating Asset Provisions Protect You? appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • “Factoring” or “Debt Collection”: Which Will Work Better for You?
    by Steve Slisar on May 22, 2017 at 7:09 pm

    Did you know you can “sell” your debt for cash? CREDIT MANAGEMENT IS a serious issue for all businesses. Debtor non-payment is a chief reason many businesses fold — a sentiment driven home by Director, FIFO Capital Newcastle, Zsolt Bircsak. “Recovering debt can be a costly and time consuming exercise,” he says. “A quote to […] The post “Factoring” or “Debt Collection”: Which Will Work Better for You? appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • Are Customers Legally Obligated to Pay You?
    by Steve Slisar on May 9, 2017 at 7:08 pm

    Want to get paid? Have a contract in place! THERE ARE PLENTY of risks to operating your own business, but the largest ongoing one is making certain that your customers pay you, and do so on time. This is known as debt or credit management. Each state has their own set of laws governing payments of […] The post Are Customers Legally Obligated to Pay You? appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

  • Work at Home Mums WAHM for sale on Flippa
    by Steve Slisar on January 12, 2017 at 2:24 am

    The value of a community In 2006 I closed the doors of the EzyLearn training centre in Dee Why and focused on both re-skilling myself to better understand financial markets and investments (Graduate Diploma in Financial Markets) and digital & social media marketing to convert EzyLearn into an online only business. Along that journey I […] The post Work at Home Mums WAHM for sale on Flippa appeared first on 123GO - Small Business Startup, Marketing, Bookkeeping. […]

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  • Educating Customers as a Marketing Strategy?
    by Angela on November 27, 2017 at 5:15 am

    Painting is an important task that immediately improves the value of a property. If you know what you’re doing, it’s not a particularly difficult task. If you don’t have any experience, or you don’t have the time, you’ll probably head down to your local Bunnings for some advice, ask a friend, or get online. Educate […] The post Educating Customers as a Marketing Strategy? appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • Why Offer a Free Measure and Quote?
    by Steve Slisar on September 10, 2017 at 7:20 pm

    How to win business on the spot! THERE ARE REWARDS AS WELL AS RISKS to providing people with a quote for work, but one of the bigger risks is offering a free measure and quote, only to have the quote knocked back in favour of a competitor’s cheaper one. This said, despite the risks attached […] The post Why Offer a Free Measure and Quote? appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • Why It’s Vital Not to Over-Quote
    by Steve Slisar on September 6, 2017 at 7:20 pm

    The risks of quoting too high THERE ARE PROS AND CONS to charging a day rate. But part of charging the right day rate involves quoting jobs correctly. Part of charging the right day rate involves quoting jobs correctly. And what are the requirements for quoting a job properly? You need solid experience in the […] The post Why It’s Vital Not to Over-Quote appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • The Pros and Cons of Charging a Day Rate
    by Steve Slisar on August 31, 2017 at 7:19 pm

    When charging a daily rate pays CHARGING A DAY RATE FOR YOUR WORK, instead of an hourly rate, can be a good way of making sure you get paid a certain amount for each job. This can help you set a budget and ensure you’re bringing in a certain amount of money each week. It also […] The post The Pros and Cons of Charging a Day Rate appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • Your Marketing Strategy in Xero
    by Steve Slisar on August 23, 2017 at 7:47 pm

    How you know what’s working and what’s not MARKETING AND ACCOUNTING ARE CLOSELY linked if you look at accounting as dealing with the money that’s going in and out of your business, usually as a consequence of your marketing activities. Recording your marketing activities In our new online training course, Cash Flow Reporting, Budgets and ROI for […] The post Your Marketing Strategy in Xero appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • How Bunnings Could Help You Get More Work
    by Steve Slisar on August 21, 2017 at 7:18 pm

    Ways to get regular installation work BUNNINGS HAS, FOR A LOT OF HOMEOWNERS, become the default place to get their home renovated — and not just the DIY renovators, either. Bunnings, very wisely, realised that a lot of the people who came to look at their kitchens and bathrooms were going to have a tradesperson […] The post How Bunnings Could Help You Get More Work appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • Helping Tradepeople Turn Quotes into Customers
    by Steve Slisar on August 16, 2017 at 7:17 pm

    Online marketplaces bridging the gap for tradies THE AREA A LOT OF TRADESWOMEN and tradesmen struggle with is turning prospects into customers; in particular getting their quotes and estimates approved so they can commence work. But online marketplaces like hipages, Airtasker, Oneflare, ServiceSeeking, and a raft of others, are helping to close that gap. Online payment […] The post Helping Tradepeople Turn Quotes into Customers appeared first on 123GO - virion Digital & Social Media Marketing. […]

  • Google Delivers More Leads for FREE!
    by Steve Slisar on August 14, 2017 at 8:15 pm

    Learn how to make Google love you FOLLOWING ITS ACQUISITION BY AMERICAN telecommunications company, Verizon, Yahoo! is officially no more. So it should go without saying that Google, officially, is the premier search engine if you want your business discovered online. It’s official: Google is the premier search engine if you want your business discovered online. […] The post Google Delivers More Leads for FREE! appeared first on 123GO - virion Digital & Social Media Marketing. […]