Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:
- Building contacts for success: SMALL business owners striving to build fruitful links through the usual networks are employing a scattergun approach, says author and speaker Geoff Kirkwood.
- Business Sense TV: VODAFONE Australia has expanded on its support for small-to-medium-sized businesses with lifestyle program Business Sense TV. The weekly show sponsored by Vodafone aims to empower new businesses, inspire existing businesses and motivate those that are growing.
- Signs you need more staff: Taking on new staff can be a big step in small business. You’re inviting a new person to work on your “baby”, you’re entrusting somebody with responsibilities and, sometimes, money. And you have the added pressure of having to meet additional payroll. Hiring your first staff member is the biggest step of all. Many solo entrepreneurs get used to doing everything and being responsible only for themselves.
- Exclusive: First interview with new ACCC small business commissioner: The official announcement that Michael Schaper was to step into the newly created role of deputy commissioner (small business) for the ACCC was made last Friday. Today, already at his Canberra desk, Schaper will have his work cut out for him.
- It’s looking a bit down: BANKS and other lenders to small and medium-sized enterprises (SMEs) will be the first to feel the negative effects of a sudden steep fall in business confidence.
- No quick fixes for the downturn: THE rises in interest rates have done their job and the economy has now pulled out of its gallop, which means many businesses are preparing for even worse times ahead.
- Top ways to get a pay rise: WITH business conditions deteriorating, it may not be the best time for a payrise. But there are ways to boost your contract without hurting the bottom line.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.