• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Business Report
    • 20 Top Research Organisations
    • Tobacco Laws
  • Takeovers & Mergers
  • Doing Business
    • Start-up
    • Tax Review
  • Video
  • Biz Directory
    • Free Directory Listing
    • Links
  • Guest Post
  • Contact
    • About

Australian Business News and Times

Business News ,Reports and Times of Australia

  • 2011
    • 2010
  • Business
    • Small Business
  • Mining
  • Real Estate
  • Australia
    • Australian
    • ASX
  • Finance
    • Report
  • Offers
  • Times

Reporter

How to Use Business Debt to Your Advantage

April 23, 2018 by Reporter Leave a Comment

 

Image: http://9928-presscdn-0-75.pagely.netdna-cdn.com/wp-content/uploads/2015/04/debt-consolidation.jpg

Debt is good. While this idea seems to go against common financial wisdom, in some cases, debt can be advantageous. The most nightmarish stories involve would-be entrepreneurs trying to establish their start-up in a market only to find themselves drowning in debt, whether the business is a good idea or not.

Using debt does not have to end with your business going under or you incurring a ridiculous amount of unmanageable debt. With a strategic plan that has a manageable budget, business owners can find incurring debt can work to their advantage. Whether standing on solid financial ground or trying to navigate the sometimes tricky business landscape, certain types of debt can be used in positive ways to save you money.

For ways to use debt to your advantage, keep reading below.

More Freedom

While in the midst of financial misery, debt consolidation loans from Latitude and other loan programs offer businesses teetering on the verge of collapse more autonomy. Typically, the ideal loan would allow a person low monthly payments with a low interest rate, something many consolidations loans offer their clients. More importantly, though, consolidation loan programs offer business owners a little more autonomy.

The alternative for business owners would be to seek funding from angel investors or others, but that would reduce the amount of control you have over your business. In situations where your business finances have been overextended, a consolidation loan provides you with a little more control over the everyday operations of your company, and more significantly, you retain full ownership of the business.

Certain industries like manufacturing and retail also benefit in terms of taking on financing. By virtue of the fact that materials have to be purchased to make products, financing these costs allows business owners a little more autonomy. In fact, when demand increases, financing is a realistic solution.

Tax Advantages

One of the major ways debt can be used to your advantage is in terms of offsetting tax liability. Lucky for you, the Australian government offers business owners the advantage of writing off several types of finance-related charges. Some debts that can be deducted include bad debts, credit card charges, and banking fees and charges. You can even deduct the amount paid from leasing an office for the purpose of running your business. In just tax deductions alone, businesses owners save thousands of dollars at the end of the year.

Lower Interest Rate

After completing your taxes, compare the percentage you paid in taxes with the percentage of interest you paid to the bank. Incidentally, this is a lot easier to figure with one loan as opposed to trying to figure out a percentage for multiple loans.

However, depending on the rate of your loan, you can find that debt works to your advantage in terms of the impact your tax deductions have on your interest rate or rates. At the end of the year, if the percentage of your business income you pay is less than or equal to the percentage of income your business pays in taxes, this is one way debt will have worked to your advantage.

Predictability

One of the best ways to use debt to your advantage debt is to use the fact that most loan terms are predictable. This predictability allows you to plan for the future, whether you plan to relocate or expand. Most financial institutions provide business owners with financing solutions that allow them to plan for long-, mid-, to short-term goals.

Using a Disadvantage to Your Advantage

Common financial wisdom dictates that debt-free is the ideal goal most businesses should achieve. However, if you are just starting your business or find yourself in a place where financing is mandatory for growth, debt becomes a necessary evil, maybe. Ultimately, debt can be used in some cases to offset tax liability while in the long run giving your business the autonomy it needs to thrive.

Filed Under: Business, Small Business Tagged With: Finance, Loans

The Best Webhosting Deal For 2018 in Australia

April 20, 2018 by Reporter Leave a Comment

So What does it take to build a blog or a business website ?

For years having a high quality business website has been an expensive and often tiresome experience for small businesses until wordpress website software arrived on the scene.

Large businesses that can afford to pay the fees of $1500 to $10,000 for a custom unique website will still probably use the full traditional website option and pay this fees.

For everyone else who cant afford this initial outlay of money,  there is now a much more cost effective, affordable  and user friendly option called WordPress CMS. You can make a website by D.I.Y ( do it yourself ) or get someone to do it at a very low cost.

2018 australia  webhosting

2018 – Best platform for websites 

The very first thing you must decide is which blogging/website platform you wish to use. Without a doubt the most popular platform available today is WordPress. This Software is suitable for a blog or even a professional business website like.

Websites like  CNN and MTV among others use this software for their website.
See How You Can Set Up a WordPress Blog in 15 Minutes at Bluehost.com

Here is what you need  to Start a website with wordpress in 5 Steps:

  1. Choosing a blogging platform, domain name, and hosting option.
  2. Design your blog using a simple theme.
  3. Modify your blog to get your desired look and feel.
  4. Select the best plugins for your blog.
  5. Write compelling content that adds value to readers.

This five steps if done properly  will surely get you on your way to success  quickly as you learn on your website or blog journey and keep climbing he ladder to success and perfection.

This process is made easy and supported well by one of the most popular Website CMS software called wordpress.

The wordpress.org  organisation itself recommends bluehost as one of its preferred wordpress website hosting partners. One of the reasons this platform is so popular is the fact that it allows complete novices to set-up, build and customise entire blogs (or professional websites for that matter) with the click of a few buttons.

Below featured is the 4 day only  $2.95 a month cheapest ever offer (link below) for wordpress hosting from bluehost. It wont last.

If this offer expires our discount link below will be updated to the next best offer.

MEMORIAL DAY WEBSITE HOSTING AND START A BLOG DEAL

Memorial Day Savings

As Low As $8.99 $3.45/month*

Leverage advertising offers from Google, Bing, and other leading sites

Launch your site and save over 60% for a limited time only!

  • FREE Domain
  • FREE Website Builders
  • 1-Click WordPress Install
  • 24/7 Support

Deal just updated – Its not often that you get such a good hosting offer from bluehost at  60 % off. The price – Its an  amazing $2.95 a month for 36 months just for YOU – Grab it here via my link (50% off -$3.45) while it lasts.

Bluehost  was kind enough  to send me this special deal  for my readers, due to being an ongoing customer and affiliate partner. If your looking to start a new blog or looking to get a spare hosting account ,this is just what you needed.

[Deal available From Thursday, May 19, through Friday May 31 at 11:59 PM (MT) AND TODAY memorial day for month of May]

The benefits and advantages of using WordPress as for a business site are quite simply MANY. Not only will a WordPress business site allow you to make all of your own site modifications without the need to pay for a designer but it also has huge advantages with SEO and support.

You can also add many optional or additional functions to your website yourself  by just adding a plugin in a minute or two.

 

BLUEHOST 2.95 DEAL

When you say you are starting a blog –

Why are you doing it?

  1. For Money?

  2. For Fame?

  3. Passionate about writing?

  4. Want to share your experiences about your expertise in a specific field of your interest?

If you’re new to blogging or on a very tight budget, you’re better off starting with a free blog with one of the providers below. Gain some experience writing regularly and promoting your blog before you decide to go for the paid option.

If you’re semi-professional or serious about earning money from your blog , or the blog is for a business/ club/group that wants extra features and has a bit of money to put towards it, a paid wordpress blog might be right for you.

Free blogging sites

  • Blogger.com (run by Google)
  • WordPress.com (also has paid blogs)
  • Tumblr.com
  • LiveJournal.com

READ MORE AT LINKS BELOW

Some more deals:

  • step by step guide to starting a wordpress website – http://www.digitalgrog.com.au/wordpress/how-to-start-a-new-wordpress-blog-in-5-minutes-without-breaking-a-sweat/
  • Detailed comparison of website hosting  –  http://start-a-website.info/wordpress-software/bluehost-hosting-2016-price-features-and-plan-comparison/
  • Special Budget deal  for website hosting by bluehost – http://www.makewebsitetoday.com/get-premium-wordpress-hosting-for-just-35-a-year/
  • A godaddy.com Domain deal – http://www.digitalfrog.com.au/web-hosting-for-your-website-for-a-dollar-1/

Tags:[ how to start a blog australia ]  [ how to start a blog and make money ] [ how to start a blog on wordpress ] [ how to write a blog]

Stay tuned for more helpful blogging tips. Stay safe /jeff

Filed Under: News Australia, Website, Website Builder Tagged With: UK, Website builder, World

Real Estate Investment: Why You Should Opt for a Preferred Equity

April 18, 2018 by Reporter Leave a Comment

Real estate is considered as one of the best investment sectors. It’s because the property values usually stay stable for long and you can earn a good return on your investment. If the country is economically strong, you’re likely to earn big profits with time.

Preferred equity is another way of investing in real estate sector. You may have heard of the term ‘preferred’ in the stock market where investors are allowed to buy preferred shares of the stock. Although these stocks are relatively expensive, they offer a good ROI.

property investment

When it comes to preferred equity in real estate, you can go for a project that has a low priority in terms of mortgage debt but possesses a higher priority in terms of the equity of project sponsor.

The project financers usually offer a loan within the range of 60-70% of the original commercial property’s value. This way, they’re able to earn profits without risking their investment. Therefore, most mortgage debts are usually funded by the investors. However, when investors are willing to invest even more funds, preferred equity comes into play.

 

Why Investors Go for a Preferred Equity

Preferred equity is more expensive than mortgage debts or senior debt. Although it offers more revenue, the investment encounters more risks. If the property value suddenly drops, the investors can lose their entire investment in no time. But the probability of higher profits attracts investors.

Also, preferred equity holds capital repayment priority. It depicts that even if the commercial property is unable to generate the expected revenue, you can claim your original investment once the property is sold. It reduces the risks to your investment.

Be it real estate or any other investment sectors, you can’t earn a good return unless you’re ready to take risks. By opting for the preferred equity, you can claim benefits from property appreciation, get tax deductions and earn rental income benefits.

A majority of preferred equity investors choose a fixed return on their investment as well as of their investment. It aids them in protecting their original investment and increasing their profit.

A preferred equity usually involves a fixed term of 2 to 3 years. The sponsor can upgrade the interest rate after this term on the basis of the unreturned capital.

 

How to Invest in a Preferred Equity

equityinproperty australia

Investing in a preferred equity can help you earn a good income over time without risking your savings. However, it’s recommended to get in touch with a professional commercial property advisory service to make the most of the investment opportunity. You can visit http://www.stamfordcapital.com.au/ to know more about preferred equity.

 

Stamford Capital is a reliable name when it comes to financial advisory services. They can guide you about the most suitable real estate projects that will work for you. Since they have contacts in the industry, they can suggest investment opportunities on the basis of your financial needs and goals.

All in all, a preferred equity is a feasible way of investing in commercial real estate. With professional guidance of Stamford Capital Australia, you can further increase the return on your investment.

Filed Under: Australia, Property Tagged With: Finance, Investment, Real Estate

The Test of Taste – 7 Tips For Turning Your Restaurant Into the Talk of the Town

April 13, 2018 by Reporter Leave a Comment

 

Opening a restaurant in this day and age can be more stressful than many people realise, but that doesn’t mean you should avoid doing it. The traps that many restaurateurs fall into can be avoided through fairly simple means, and avoidance is the best way to aim for success, rather than falling into them and working hard to get out. In this article, we have put together 7 tips for turning your restaurant into the talk of the town, in the hopes that it helps you reach your business goals in a timely fashion.

Menu

The menu you offer up to your customers is the first interaction of any substance that they have with your business. Plenty of times their first actual interaction will be walking past on opening day, or peering through the window when you’re closed. However, those impressions fall by the wayside once they’ve tasted your food. Your food quality is of the utmost importance, so if your decoration has to be a little more sparse to allow the budget for mind-blowing food, so be it. You’ve probably heard your friends say “this place looks a little weird but the food is amazing” more times than you’ve heard “the food here sucks but I keep coming back because it looks cool”.

Theme

Having a theme for your restaurant doesn’t have to be as cheesy as many, many 80’s restaurants made it out to be. When people think “themed restaurant”, their mind usually jumps to a medieval-themed eatery where screaming children run rampant and an air of lawlessness permeates the loose idea that this is a restaurant. This is, obviously, not what you’re going to be aiming for when it comes to your theme. A subtle theme can mean the difference between a well known restaurant and a must-visit destination for travellers, so find what theme works for you and subtly introduce it.

Pricing

Pricing is tricky, because people will assume cheaper food is, well, cheaper food. The more expensive you go, the higher quality your whole restaurant experience has to be, and therefore the more you charge the more you have to spend. Calibrate your costs with what restaurants you want to align yours with in terms of price bracket and you’ll find a more steady stream of customers.

Service

Service is highly important, because you don’t want your wait staff to take plates away the second your customers are finished eating, but you also don’t want them to leave the dishes on the table to languish in the after-dinner conversation. There are plenty of fine places to get hospitality supplies in Melbourne, so there shouldn’t be any reason you can’t provide guests with extra cutlery if they need it. Prompt service is always good, so steer clear of slow chefs and lengthy prep times for anything other than the special dish of the evening/week/month, because a special is always worth waiting for.

Dietary Options

Allowing your guests to choose between an omnivorous, a vegetarian, and a vegan option is standard in the modern day and age, so ensure you have these options, but don’t forget to include gluten free for coeliacs and a fructose free option for the unfortunate souls that can rarely eat anything on any menu for fear of the garlic and onion in every choice. This difference will set you apart from your similarly-priced competition, and leave you victorious.

Social Media

Every restaurant worth a visit has its own social media pages, and acting otherwise only works when that’s the point of your restaurant. If you’re running a place that has a ban on phones, for instance, no social media will align with your branding and be kitsch and cool. However, any other kind of place needs to have an Instagram, and a Facebook at the very least.

Location

Finally, your location will set you apart. Far from the city center but offering exotic and well-made foods will struggle, as will the same setup in the city center due to competition. Find the “golden suburb” that has a median income that works with your pricing and is known to be cool, or at least a little quirky, and you’re well on your way to being an underground hotspot.

These tips will help you secure yourself a spot on the list of every trend setter in your city, so get to planning your menu and training your staff to prepare for the opening night of a lifetime.

Filed Under: Food, Lifestyle Tagged With: Education, Healthcare, Retail Online

Understanding the No-Win No-Fee Services in Sydney

April 11, 2018 by Reporter Leave a Comment

What is exactly a no-win no-fee service? Well… it sure doesn’t mean you won’t be paying to the lawyer in case you lose the case. Shocking, right!

lawyer

So, here’s the deal with this service:

A no-win no-fee agreement is known as “conditional costs agreements”, which means you do have to pay some fee even if you lose. Let’s just say that it’s a play on words to give clients the peace of mind that they can pay less if they do not have any financial aid to fight a compensation case.

The Indemnity Principal

The indemnity principal in the courts of Sydney now follows these rules:

  1. The client doesn’t need to pay the compensation lawyer for the case out of his pocket
  2. The compensation lawyer are only allowed to issue a costs order if the settlement was made before hand
  3. The compensation lawyer cannot ask his client to pay more for the legal costs even if the amount received from the unsuccessful party is less

This brings us to the question that why do we need to go for no-win no-fee agreements.

The current rules of the indemnity principal state that the compensation provided by the successful party will go directly to the lawyer. When they have settled their legal costs and other fees, the successful party is given the rest of the money

Not only does this give lawyers the benefit to get their hands on the legal fees first but they are also able to do pro bono cases while still getting a small amount for their services.

The “Win” in the No-Win No-Fee Agreement

As mentioned earlier, the “win” doesn’t exactly come free. There are a few disbursement charges that need to be paid, which include photocopying expenses, court fees, medical report fees, barrister’s fees and title searches. These charges are usually paid by the client in case he loses the case. However, there are a few companies that take the case completely free such as https://www.lawadvice.com.au/no-win-no-fee. On the other hand, if it is a win, the lawyer demands a slightly higher fee as compared to a standard costs agreement. Even in a situation like this, the client cannot be forced by the lawyer to cover legal costs that are above the margin.

In a way, this is a win-win situation for both parties because if the lawyer wins the case, not only is he reimbursed for the money he paid throughout the process but he also gets a slightly high legal fee for taking on a case that was dangling in the grey area.

Cooling Off Period

In case, you change your mind, you have five business days to inform your lawyer that you want to take back the case. You will not be charged any contingency fee or penalties for this.

The definition of a “win” here means that the lawyer guarantees a positive outcome. If the case does go in your favour, only then the lawyer is allowed to ask you for professional charges.

Filed Under: Business Tagged With: Lawsuit, Lawyers, Sydney

Buying a House for the First time – What Makes Fixed Fee Property Conveyancing So Popular?

April 6, 2018 by Reporter Leave a Comment

The anxiety that you feel before buying a house is completely natural. After all, this is a huge step and requires a good amount of financial commitment for the next 10 to 15 years. A daunting task such as this cannot be done on your own. For this, you need a property conveyancer whose expertise and experience will not just ease your worry but will also help you have your dream house.

finance conveyancing  au

Conveyancing fee is usually divided into two parts: Disbursement and the legal fee of the conveyancer. Disbursement is the cost, which the conveyancer has to pay to the third party, title deeds, searches, bank transfers, stamp duty etc. It’s a lot right? These charges fall anywhere between from $500 to $1000. However, this is not what we are here to discuss! Let’s move on to the subject at hand:

Fixed Fee Property Conveyancing

The one thing that most first-time home buyers are worried about is the conveyancer’s fee. Many people do not have the budget to pay the conveyancer according to hours, which is why they end up tackling the process on their own. Not involving a conveyancer in the process has its disadvantages such as the transfer of title, which might need a background check to make sure that the deed is not a fraud.

Other things such as closing costs, warranties, mortgage, etc, are what first-time home buyers struggle with. Companies such as MyPlace Conveyancing know that buying your dream house can be very difficult, therefore a service such as this helps buyers to manage their finances at the start with just an upfront cost.

So, where does fixed fee property conveyancing fix in?

settlement agent

Well, fixed fee property conveyancing gives buyers the ease to pay a lump sum amount at the start of the process. The reason why this service type is so popular is because the buyer does not have to worry about ongoing costs.

 

 

 

 

Advantages of Fixed Fee Property Conveyancing

  • Reduces uncertainty about conveyancing costs: You no longer have to worry about paying extra in legal fee or for any other documentation
  • Helps you with your budget: With a fixed-fee, you can plan your budget and set money aside for future repairs and remodels
  • Helps you assess costs: You can weigh the benefits and the costs at every step of the process
  • Work is done faster: When the contract is signed, you are only paying for a certain time period, in which the conveyancer has to do his job and get you the house
  • Documents are signed and stamped within the legal fee

The fee charged on timely basis often puts buyers in a financial peril. They have no idea how long the buying process will go, for which they have to be ready to pay an unforeseen amount of cash at the end. On the other hand, if they go for fixed fee property conveyancing, they can let go of the stress associated with legal matters.

Filed Under: Real Estate Tagged With: Finance, Property

Outsourcing your day Job

March 30, 2018 by Reporter Leave a Comment

Learn to outsource your job and make more time for this

Credit : Flickr Relaxing in Maldives by nattu is licensed under CC BY 2.0

The outsourcing revolution

Entrepreneurs regularly outsource to save time, access specialised expertise and get work done. In the last decade as access to the internet and data-speeds have improved, particularly in developing countries, an entirely new freelance workforce has emerged online.

Many skilled freelancers are based in lower-cost countries such as the Philippines, India or Pakistan, and can be hired for significantly less than local talent. Fuelled-by, or perhaps fuelling this phenomenon, freelancer marketplaces have exploded in popularity, stimulating a rush of new talent into the global marketplace.

These trends now make it possible for employees to outsource aspects of their jobs to relieve stress and win back time for things they’d rather be doing.

Where to find freelance talent

Virtual marketplaces such as Fiverr.com, UpWork.com and others provide online platforms where freelancers can advertise their services plus examples of their work, their rates and related information. Buyers can search for freelancers by a range of categories or keywords, save profiles of promising contractors and then interact with them by messaging service.

Buyers can post jobs and invite applications from qualified freelancers and when a job is agreed by both parties, these platforms even manage the contract, billing, payment and receipt aspects of the relationship. All of these features make it easy to find, engage, manage and pay for freelance talent, not just for business owners, but for employees themselves.

You can access freelancers like this graphic designer using marketplaces such as UpWork.com

Source: Flickr – Credit : Design freelancer working b2b business by thods is licensed under CC BY 2.0

 

What kind of talent is available?

If you’re thinking freelancing is only good for building a mobile app or procuring some cheap copywriting, then you might be surprised and the sheer range of talent available.

UpWork.com, which describes itself as ‘the world’s leading freelancing website’ claims that “annually, freelancers are earning more than $1 billion via the site each year and providing companies with over 3,500 skills.”

Need an academic paper written? What about a bookkeeper? Perhaps you need an interior design for a new rental property you’re considering buying? Or how about a webpage translated into Chinese? All these are available, and more, often at very low prices.

Can I outsource my job to freelancers?

If you are an employee looking to outsource aspects of your role, the nature of the work you do will determine what aspects can and cannot be outsourced. Most jobs have a range of common elements that may be outsourced cheaply and effectively.

Outsourcing your general administration can save you hours of unproductive time. Managing emails, scheduling meetings, formatting documents, preparing Powerpoint presentations, filing, managing your digital documents and countless other time-consuming yet necessary tasks can be outsourced effectively to a virtual administrative assistant.

Caption: Feeling frustrated at work? Outsource the admin and get your life back

Credit : Flickr – Frustration by peterhess is licensed under CC BY 2.0

 

What does it cost?

 

For as little as $200 per week, you could employ a full-time administrative assistant. That means that for around $10,000 a year, you could have a full-time person working for you, available by phone or email or instant-messaging application, ready to work at a moment’s notice.

Depending on your personal financial situation, it may also be possible to claim the expense as a tax deduction related to your employment. As a result, the real cost of engaging the freelancer may be far less.

If you’d like to outsource but don’t have the money available, there are plenty of ways to find the cash you’ll need at short notice.

Is it legal?

 

Your employment agreement and the terms and conditions of your employer may or may not prohibit you from outsourcing work without their express approval. Factors like confidentiality deserve careful consideration. As a rule, don’t go outsourcing your entire job like this person did.

Consider also what other aspects of your life admin you could outsource to free up to time you’d rather be spending on more important things.

Should I tell my boss?

 

Aside from the ethical and moral issues, there’s a good reason you should consider sharing your plan with your boss. If you can make a convincing business case for it, such as the amount of time you could spend acquiring new clients, then your boss may consider reimbursing you for the expense.

What else should I consider?

Managing freelancers to deliver work is a skill, meaning it takes time to learn and perfect. Start by outsourcing small tasks and practice the act of working with a third-party to get back the results you expect. It can take time to develop an efficient and productive working relationship. Don’t put yourself at risk by outsourcing critical work without having a backup plan in place (which may simply be you doing the work yourself).

Bottom line

Jump online and check out a freelancer marketplace for yourself. Start small and learn how to take advantage of the wonderful world of freelance available to you.

Filed Under: Australia, Report Tagged With: Jobs, Loans

Buying-In Benefits – The Advantages of Becoming a Franchisee

February 28, 2018 by Reporter Leave a Comment

clip_image002

Buying-In Benefits ~ The Advantages of Becoming a Franchisee

For many people, purchasing a franchise is a popular means to achieving the goal of starting a new business. With a higher average rate of success than start-up businesses and developed methods of successful business strategies, there are many benefits in choosing to invest in a franchise model.

Franchises combine the independence of small business ownership, with the benefits and support of a big business network. When buying a franchise, you therefore become part of a wider business community, providing you with ongoing support, training and other benefits. Read on to find the other key advantages of becoming a franchisee.

Established Brand Identity

Franchisees are able to take full advantage of the already established market image of the corporate brand. Most established franchises are easily identifiable to the public, providing your business with cumulative marketing impact. Franchised businesses have some of the most successful brand identities in the world and have even built national and international brand-name recognition, such as McDonald’s or KFC.

The name recognition that comes with an established brand and the consistency of the franchise model, provides your business with pre-existing customers who have previously enjoyed the franchise system’s products or services.

Lower Risk

Existing customer awareness of the brand and the guidance of the franchisor are just some reasons that franchises enjoy a lower failure rate than their start-up business counterparts.

A lot of planning and trial and error go into starting any new business from scratch. When you purchase a franchise, you purchase the knowledge of those who have gone before you. This is the expertise of people who have made mistakes, learned from them and developed systems that are profitable and successful for the market and the individual business.

Ongoing Support

Franchise companies are dedicated to the success of each franchise location. They therefore have staff dedicated to providing ongoing assistance, even after you have built and started running your business.

Most established franchisors have already survived decades in their respective industries, and are therefore experts at providing tips and tricks to help your business succeed. A good franchise company will have training programs designed to provide ongoing training and the most successful methods to run the business.

Exclusivity

Exclusivity is another advantage of buying into a franchise. Most franchise agreements provide you with an exclusivity agreement in your specific area. This means that an identical franchise will not be permitted to open within a certain distance from your business.

The exclusivity arrangements of most franchise agreements alleviate some of the competition and provides you with an opportunity to make your stamp on the local business market.

Record of Success

When you buy a franchise, you are buying an established concept that has been previously successful. In fact, before buying a franchise the owners are required to disclose their market results, so that you can verify the numbers prior to making a purchasing decision.

Marketing Assistance

One of the biggest advantages of purchasing a franchise, is the ability to benefit from national advertising campaigns. Advertising can be one of the biggest expenses for any new business. Being supported by national and international marketing strategies therefore puts you at an advantage over other local competitors.

Owning a franchise typically gives you some freedom in pursuing local marketing and advertising campaigns. With the support of the franchise’s marketing experts, providing you with proven tools and strategies for attracting and retaining customers, you can even launch your own locally-targeted campaigns.

~

While there are always risks in any new business venture, purchasing a franchise limits some of the concerns of a start-up business. Being a franchisee can indeed be the fast track to success, if backed up by hard work and persistence. When you purchase a franchise, you buy into a proven business model with huge growth potential; providing you with the opportunities and support to run a successful and profitable business.

Bio: Laura Costello is a recent graduate of a Bachelor of Law/International Relations at Latrobe University. She is passionate about the law, the power of social media, and the ability to translate her knowledge of both common and complex topics to readers across a variety of mediums, in a way that is easy to understand.

Filed Under: Business News Tagged With: Australian, Branding, Franchise

5 of the most common mistakes people make while scrapping metal

February 12, 2018 by Reporter Leave a Comment

wrecking ball australia

Let’s face it – the world of scrap metal is quite a tumultuous one. After all, scrap metal prices are rarely stable for a long period of time and are constantly changing. Most importantly, even experts are unable to gauge whether or not where the prices are headed and whether they will increase or decrease. That is a fact, whether you are visiting a wrecking yard in Sydney or anywhere else.

No matter how much scrap you may have, you can be sure of the fact that you have to make the most out of your scrap heap. No two ways about that, really. If you don’t end up making the most money from all of your scrap, then you will never know the true value of certain scrap materials. Avoiding some of the most common mistakes will help you go a long way in finding out just how much your scrap heap is truly worth.

On that very note, let us get into some of the most common mistakes people make while scrapping metal:-

– Not preparing your materials properly: This can lead to you not getting the proper amount of money with respect to the amount of materials that you have. Remember to strip the copper wire once you bring it into the scrap yard. No scrap yard will tell you to do that as that would mean that they would have to give you more money than usual. Also, make sure that you read up some basic guidelines about how to prep your metal for the yard.

– Visiting a scrap yard with a bad reputation: Although this may seem like an obvious thing to avoid, a lot of people don’t bother doing their homework and prefer to just rely on word-of-mouth interactions. That alone is not enough. You need to dig deeper in order to weed out all of the bad scrap dealers so that you can get to the good ones.

– Being mislead by the different grades of scrap metal: You will need to do a great deal of research in order to figure out the exact scrap metal grades and which of them your scrap falls under. Like stainless steel grades and the like. You don’t want to land up at the yard only to find out that what you thought was a copper cable is actually a bright wire.

– Not separating your materials beforehand itself: Make no mistake – none of the scrap yards are going to allow any metal separating process in their yards because that will lead them to make less money from you. Hence, you need to classify every material in your scrap heap and then make the trip to the yard. The money you end up making in the yard just by the prior process of separation really does add up in your favour.

– Forgetting to check on the price first: Before you rush down to the nearest scrap yard, make sure that you firstly call ahead to check on their prices. And also remember to go to the scrap yard that very day if you are asking the scrap yard to honor the price. Since prices tend to change quickly and often without warning, you can’t expect them to honour the same price a few days later.

At the end of the day, you can be sure of the fact that you need to do your homework thoroughly before even thinking of paying your local scrap metal yard a visit. Not having a clue about the content of your scrap is certainly not a good way to start negotiations with the scrap dealer at hand. You can be sure of that.

As long as you keep the above list in mind at all times, you are bound to get your scrap metals worth. Since most aspects of the scrap metal market are constantly in motion, checking and making sure that everything is set beforehand itself would be a smart and recommended move. That way, you can make sure that you are not getting cheated in any way.

Filed Under: Small Business Tagged With: Business, Metal, Scrap

Top Activities You Can Enjoy in Sydney in Spring Season

November 14, 2017 by Reporter Leave a Comment

australian holiday

The beautiful city of Sydney is one of the most well-known tourist spots. The amazing landscape and architectural sites provide scenic views throughout the year. However, spring season is considered as the most suitable time to visit the city.

Visiting the city at this time of the year allows you to escape extreme temperatures of Australia. The season runs from September to November and provides you the opportunities to enjoy a variety of activities.

During spring season, the temperature generally varies from 13 °C to 22 °C. Moreover, there isn’t much rain during this time of the year. Therefore, you can make the most of your trip. Here are some activities you can experience on your visit to the city.

Visit Royal Botanic Garden:

Royal Botanic Garden is one of the oldest botanical gardens in Australia. With a large collection of plants and flowers, the park offers amazing views to visitors. Here, you’ll find some rare plants and flowers that grow only during the spring season. The entry in the park is free and you can take a walk on the long trails. However, you can also book a guided tour if you want to know more about the garden. It is one of the best gardens in Sydney that is a must visit place for everyone who intends to visit the city.

Whale Watching:

Whale watching in Sydney, Australia is considered as one of the top tourist activities. Various cruise trips are offered around Sydney that facilitates tourists to visit the areas where whales are in abundance. You can watch them in their natural habitat. The trips are usually offered in Spring season and tourists as well as locals can book a tour to watch whales closely. It is an amazing experience that you’ll never forget.

Cruise Tour:

sea holidays ship and cruise

Another popular activity in spring season is to visit Sydney Harbour. You can take a walk on the Sydney Harbour Bridge to admire the city. Cruise trips are also offered throughout the year to discover beaches and visit clear sea. The cruise tour leaves a long-lasting impression on visitors and makes their trip worthwhile.

Sydney Princess Cruises (SPC) is a well-known name in tourism industry of Sydney. Tourists can book a tour with them to enjoy views of clear waters around the city of Sydney. They offer private chartered boats. Therefore, you can book them for a family outing or to go picnicking with your friends.

Taste Delicious Cuisine:

When in Sydney, it is a must to try out local cuisine. There are many fine restaurants operating in the city where tourists can taste dishes that are finger-licking good. Also, tourists can learn and try out recipes on their own such as Beef and lamb spring recipes.

Whether you want to check out some expensive restaurants or want to visit the city on a budget, you’ll find suitable restaurants and cafes. Some restaurants also offer short courses where tourists can learn to prepare some delicious local dishes.

Filed Under: Australia, Entertainment Tagged With: Holiday, NSW, Sydney, Tourism

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 11
  • Go to page 12
  • Go to page 13
  • Go to page 14
  • Go to page 15
  • Interim pages omitted …
  • Go to page 48
  • Go to Next Page »

Primary Sidebar

Search

Like us on Facebook

Our Twitter Feed

Tweets by @AusBizChannel
Protected by Copyscape Website Copyright Protection

Counter

Footer

Featured Page

research in australia

20 Top Research Organisations

We are compiling a list of top 20 and more research organisations  which are in the government as … Read more about 20 Top Research Organisations

acquistion

Takeovers & Mergers

List and updates Of the latest  Company Takeovers … Read More about Takeovers & Mergers

funding from govt 2017

Australian Business Grants

Establishing a business anywhere in Australia … Read More about Australian Business Grants

listing directory australia

Australian Business Directory

If you are looking for a Free or paid listing on a … Read More about Australian Business Directory

About

About - Australian Business Report and … Read More about About

Guest Post for us

Join Australian Business … Read More about Guest Post for us

Copyright © 2026 · News Pro on Genesis Framework · WordPress · Log in