Xero recently launched the Xero Beautiful Business Fund, a new initiative, backing small businesses to boost their growth and meet their ambitions for the future. What is the Beautiful Business Fund? Xero is offering more than NZ$750,000 in funding to Xero small business customers across Australia, Canada, New Zealand, Singapore, South Africa, the UK and …
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The rise and rise of OnlyFans, YouTube, TikTok and other online platforms offer amazing opportunities for content creators to generate an income from their side hustle. As these opportunities increase alongside the sometimes-considerable income streams, the Australian Tax Office (ATO) has issued warning to the rising industry. How are content creators taxed? An update released by …
As New Year resolution time rolls around, spare a thought for your business, because every business can benefit from a few resolutions of its own. Here are a few ideas that any business can build some New Year resolutions around. Make sure you have an up to date business plan. Many business plans sit gathering …
Transformation of your business is more than just developing a strategy for growth or improvement; it’s about completely rethinking how you conduct business. The need to transform your business can be driven by changes in the industry, technological improvements, changes in regulations or responding to competitive pressures. Any innovation or transformation involves a marked shift …
Now you have completed the groundwork and decided that your business can sustain the growth, there are many ways to help you to achieve it. Generating new business by growing your customer base is important to your business success. We explore 8 practical ways to help you grow your customer base. Get to know your …
Is there a way of knowing when it is the right time to grow your business? Doing so can result in many positive outcomes including exploring new opportunities, expanding products or services, growing your customer base, increasing sales and employing more staff. However, before taking any first steps to grow your business, it is recommended …
It can be difficult to prioritise what areas of your business to invest in to ensure it continues to grow and thrive. The key is figuring out where to start.
Investing in a clever marketing strategy and giving careful consideration to how much you want to spend will reduce stress and provide greater returns for you and your business.
The answer to the question of how profitable your business should be is: it depends.
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