Archive for the ‘Perth Business News’ Category

Starting your own business? 6 more common questions answered


19 Dec

vanessanewbusiness

Just the sound of the phrase “starting your own business” conjures up pictures in the mind of the entrepreneur. Money, freedom, and fulfilment are just some of the many things why lots of individuals decide to start their own business whether online or brick-and-mortar.

Starting your own business is an opportunity available to millions of Australians. Though there are a bunch of benefits you can get by becoming an entrepreneur, there also come liabilities. And as a wise business man, you need to consider not only the pros, but also the cons of starting a business.

Freedom is one of the reasons why many quit their jobs and decide to become their own boss by starting a small business. For many of us, freedom is the most important thing. When you have freedom, and it is not only the platform from which all other business benefits spring from, it is the greatest single benefit.

Money is another reason why a lot want to become an entrepreneur. More money has been made and can be made by self-directed enterprise than any other way of work. If you need proof of this, look to history.

Finally, entrepreneurship brings fulfilment – one great reason why entrepreneurship is a popular option. While running a business can bring huge financial rewards, deeper and more meaningful are the personal development gains that come from it.

However, like we’ve said, starting a business can be tough. If you want to know how to overcome these challenges, read this: http://www.flyingsolo.com.au/startup/business-start-up/starting-your-own-business-6-common-questions-answered

3 Totally Realistic Strategies for Revving Up Your Retirement Savings


14 Apr

perth business

Many of us would like to have an early retirement at 50 or 55 years of age instead of the traditional age of 62 or 65. Even with today’s economy, that dream is possible to achieve.

Planning for early retirement does not have to be a difficult task, especially if you are just starting out in the working world when money is usually tight. Scarifies will have to be made and immediate gratifications will have to be deferred. You will need early retirement planning and have a good retirement savings plan that will provide the nest egg you that will need for the financial security that is want during your retirement years.

Having a goal in mind is an important first step if you want to retire early. If you goal is to retire living the same lifestyle that you are living at the time of your retirement, then you need to identify the annual expenses involved to live that lifestyle and how much income you need to cover those expenses, and multiply that number by the number of years of your life expectancy.

Furthermore, don’t forget to account for inflation and unexpected emergencies such as medical emergencies due to accidents or natural disasters.

Here are the 3 strategies to revving up your retirement savings: http://time.com/money/4255577/retirement-boost-your-savings

Self-employed ‘need more support’


15 Feb

Self employment is a type of career where the person is employed by one’s self. It identifies an individual who manages a company of her own or hires someone to oversee the day to day operations of your online business.

Another distinct quality of self employment is that these jobs are for those who don’t receive paid salary from another person or company.

One of the reasons people choose self-employed jobs is lack of sustainable jobs. Lack of employment may drive one to start his or her small business, in other words become self-employed. Another common reason why many choose self-employment is flexibility. People will go for self-employed work opportunities so as to become free. Self-employed people do not rely on others for his or her living.

Another aspect in self employment is increased wealth. It offers a possibility to increase their prosperity. Being your own personal boss allows you to decide how much money you can make in a month as opposed to salaried people who earn a standard salary monthly. Others create a part-time self employed job to bolster their income.

There are many other big reasons why people opt self employment rather than working for someone else. However, self employed individuals should get more support in running their businesses, says an article published by BBC New Australia.

Read the full article at: http://www.bbc.com/news/business-35572817

‘Next Level’ Business Growth Requires These 3 Steps


27 Aug

The economic environment nowadays is ripe for entrepreneurship. If you have wanted to start a business the time has never been better. Opportunities for small businesses start to arise especially whenever job loss occurs.

Thoughtful strategy and commitment are the two most important things required when you decide to start your own small business. The desire doesn’t create success; the commitment makes the success happen. The patience for the commitment is crucial.

As a business owner, the topic about growing a small business should be a topic that you should be interested in. If you want to grow your business, you need to do a ton of planning. All successful entrepreneurs take planning very seriously.

Small business systems are critical to growing a business. If you’re holding regular planning sessions like board meetings, you need to have systems get consistent results from your actions. However, these systems normally take a lot of time to develop that is why you should have patience.

Growing a business is a process and every entrepreneur and businessman goes through it. For some companies, growth is slower but it can dramatically grow in time with proper planning. On the other hand, there are some that have started their company and have experienced great initial success but eventually their growth starts to slow.

To learn more about the tips on how to grow your business, you should check out this article posted at YFS Magazine.

You can read the full article here: http://yfsmagazine.com/2015/08/26/next-level-business-growth-requires-these-3-steps

Christopher Hubbart raped 38 women and will walk free


01 Nov

Rape is a serious case that a lot of people experience, mostly by women. By definition, it is a type of sexual assault that usually involves sexual intercourse, by one person against another person without that person’s consent. When a person becomes a rape victim, he or she is filled with grief and sorrow.

Rape is a heinous crime. It can break a person down, and if people around the victim fails to give proper support and love, then it might be possible that he/she develops fears and mental instability. So, the law ensures that the rape offender gets punished if he or she is proven guilty of the crime.

However, an article posted at Perth Now says the other way around. According to the report, American Christopher Hubbard has raped about 38 women but will walk free despite the charges given to him.

For more about this story, read the full article here: http://www.perthnow.com.au/news/christopher-hubbart-raped-38-women-and-will-walk-free/story-e6frg12c-1226750948177

Playboy tycoon Eike Batista files for bankruptcy in Brazil


01 Nov

Bankruptcy can happen to any business or a family and the sad truth is that most people do not see this coming until it is too late. Obviously, bankruptcy is a result of poor financial decisions over a long time that could have accumulated into a huge mess. In the simpler sense, it is overspending more than you earn.

There are many reasons or financial crises that could lead to the edge of bankruptcy. And to the Brazilian billionaire and CEO of EBX Group Eike Batista, being a symbol of Brazil’s economic boom is not an excuse for being bankrupted. Recently, he filed a bankruptcy protection for his OGX Oil Company.

According to a report published by Perth Now, Eike Batista filed for bankruptcy protection for his OGX Petroleo e Gas Participacoes SA, part of his EBX Group conglomerate before a Rio de Janeiro state court.

For more story about this bankruptcy case, read the full article here: http://www.perthnow.com.au/business/companies/playboy-tycoon-eike-batista-files-for-bankruptcy-in-brazil/story-fnhohek5-1226750886293

 

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