Following the recent Federal Budget, experts explained that for the South Australian economy the biggest gain was the $90 billion in defence programs for the state.
Another good thing though was the tax cuts for small business.
Also the treasury has confirmed that the small business retirement exemption will continue, so if you’re planning on selling your business, you can use it as part of retirement planning and contribute more to superannuation than the $500,000 lifetime after tax contribution cap.
Read more about what the budget means for small businesses at: http://www.adelaidenow.com.au/business/experts-urge-sa-small-business-to-invest-create-jobs/news-story/369087b4f59273e309136d136b9e47c7
Starting a creative business can seem like a real challenge but some successful entrepreneurs have provided some advice for those of us doing it for the first time.
In a post on ArtsHub.com.au 3 creatives who have managed to succeed at their creative business start-ups gave this advice,
- Learn to love failure.
- Stop talking about your business and start actioning it,
- Ask for advice when needed.
- Believe in your idea and seek feedback, not from family but from mentors.
For more go to ArtsHub.com.au