Securing a home loan can pose challenges for people who are self-employed, even if they have stable and regular income. Whilst loan approval is achievable, it often requires extra effort in the application process as lenders have stricter criteria for business owners.
Succession planning should be a core part of your business strategy. It’s a fundamental aspect of ensuring the long-term sustainability and growth of any business. Unfortunately for many business owners, they fail to consider it until it’s too late. Understanding the timeline for succession planning is crucial for all business owners.
Effective management is the key to success in business. Now that we have started the New Year, business owners must prioritise refining their skills to navigate challenges, capitalise on opportunities, and ensure the overall prosperity of their business.
Leadership transitions are an inevitable part of the business world. Whether it’s due to retirements, promotions, or other factors, changes in leadership pose both opportunities and challenges.
As of 1 August 2023, employees of small businesses are able to access 10 days of paid family and domestic violence leave in a 12-month period. Note that employees of non-small businesses were able to access this leave from 1 February 2023.