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Funding options for your small business

"How do I get funding for my small business?"

A familiar problem for many SME owners is how to secure funding for their business. This may be funding to expand operations by hiring new staff, fitting out a new office, or acquiring a new car. It may be funding to finance the removal of an old business partner or to help fund the buy-in of a new one. It could be to fund the acquisition of a competitor.

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What if I increase my prices by 5%?

All businesses will have, at some point in their life, set prices for the products or services that their business offers to their customers. These prices may have been set using rigorous scientific method, such as with the Generate capacity calculator, or they may have been set based on cost plus a margin, or they may simply be based on industry standards.

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What's my business worth?

What's my business worth?

That is a question that many business owners ask themselves and their advisors. Quite aside from the fact that business owners like to feel they are creating an asset that will have some sale value when they decide they want to move on, there are any number of reasons that the question of business value may arise such as:

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How to improve your chances of winning government funding

Last week, the call for EOIs for Screen Australia’s Enterprise Industry funding went out. This is a funding opportunity that many of our clients have accessed to considerable success. For those looking to apply, the deadline for EOIs is 5 August.

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For crowdfunding success, first gather your crowd

Crowdfunding is increasingly popular as a way of gaining the necessary capital to launch a creative project. But there’s many a slip twixt cup and lip. Here’s a useful list of some of the questions to consider before you jump into crowdfunding: http://www.entrepreneurial-insights.com/14-potential-issues-with-crowdfunding-how-solve-them/

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Why should I move to the cloud?

It's no secret that we here at Generate are big fans of cloud accounting, particularly Xero and the huge library of add-ons available in their online marketplace. We frequently get asked by small business owners why they should consider the move to cloud accounting so I thought it useful to outline some of the many benefits here.

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It's not just about the money: Our Enterprise Funding panel at Screen Forever

It was standing room only at our panel discussion at the Screen Forever conference in Melbourne last week.

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Small Business Grants: Cash back for taking on new employees

The NSW Office of State Revenue is offering a $2,000 grant for small business employers who hire new full-time staff and keep them on for at least 12 months. This was announced with little fanfare back in June 2015.

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At Screen Forever: Our take on screen business success

This week, I’m heading to Melbourne for the Screen Forever conference a wide range of film and TV professionals will be meeting to discuss the state of their ever changing industry.

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Is there GST on crowdfunding? Do I pay tax on it?

Crowdfunding is a popular way of funding projects, whether they be software development, an indie film, or an artist’s new record. As with any business undertaking, it’s important to understand the implications of this type of funding so you don’t get yourself into any trouble.

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