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January 18, 2019

You Remind Me of a Young … No, That’s Somebody Else

“You remind me of a young me” is a not uncommon cliche. I don’t know who started it, but although I suppose it’s meant as a compliment, it’s always struck me as just really narcissistic.

There’s a lot of funny ways to go with that but for this one I like the approach that he’s got the wrong guy. And how awful that would be.

Sometimes I feel sorry for my characters and what I put them through. This is one of those times.

This article, "You Remind Me of a Young … No, That’s Somebody Else" was first published on Small Business Trends

January 18, 2019

Despite AI, Human Effort Remains Important in Business, LinkedIn Report Says

Basic Business Functions Surging in LinkedIn 2018 Emerging Jobs Report

The LinkedIn 2018 Emerging Jobs Report says artificial intelligence (AI) is here to stay. However, it also states basic business functions are surging, adding technology can’t replace the power of humans.

This LinkedIn report is put together so professionals and businesses in the US can take a peek at the jobs and skills which are growing the most rapidly.

Additionally, the report analyzes the roles which have emerged over the last five years and the skills associated with them to determine which companies are hiring.

The information the report provides gives small businesses valuable insight into the job market across a range of industries in cities across the US.

Business owners can use the data to prepare for upcoming trends in their industry and identify opportunities in locations which may be underserved.

LinkedIn’s Biggest Takeaway

The report says AI skills are amongst the fastest-growing skills on LinkedIn with a global increase of 190% from 2015 to 2017.

Although LinkedIn says AI is here to stay, it doesn’t quite see robots coming for your job. But there is continued growth in the field along with functions related to AI.

With six of the 15 emerging jobs related to AI in some way, there is no question the impact will be huge moving forward. And the report says it is not just limited to tech, AI is infiltrating every industry.

The growth of AI is undeniable, and the full impact of the technology will not be truly known until it has fully matured. In the meantime, basic business functions will be carried out by humans.

In the report, operational functions like administrative assistant, assurance staff, and sales development representative are also in the emerging jobs list.

When it comes to the largest skills gaps, soft skills still continue to be a challenge for companies looking to fill these positions.

These are skills such as oral communication, leadership, and time management. Currently, they make up almost half the list of skills with the largest skills gaps. LinkedIn says it is imperative for professionals to acquire these skills because those who have them will have a leg up on their competition.

Results from the LinkedIn 2018 Emerging Jobs Report

The emerging jobs LinkedIn identified in the report are in “incredibly high demand” across the country covering industries from healthcare to government services. The growth comes from existing members who added these roles to their profiles covering a variety of business functions and skills.

In this year’s report, the biggest top five growth comes from blockchain developer (33X growth), machine learning engineer (12X growth), application sales executive (8X growth), machine learning specialist (6X growth), and professional medical representative (6X growth).

Basic Business Functions Surging in LinkedIn 2018 Emerging Jobs Report

The top five emerging jobs starts with software engineer (80,000+ job openings), account executive (16,000+ job openings), realtor (2,000+ job openings), account manager (17,000+ job openings), and recruiter ( 8,000+ job openings).

The report says the biggest shortage in skill gaps in almost every city in the US was oral communications. The rest of the skill shortages are people management, development tools, social media, business management, time management, leadership, graphic design, data science, and web development.

In 2017 LinkedIn member in the US classified 26% of all skills as interpersonal or soft skills. Whether it is a systems engineer or a project manager, companies looking to fill these positions want their candidates to have soft skills.

Image: LinkedIn

This article, "Despite AI, Human Effort Remains Important in Business, LinkedIn Report Says" was first published on Small Business Trends

January 18, 2019

Is Talus Payments a Fit for Your Small Business?

Is Talus Payments a Fit for Your Small Business?

Small business fintech payment solution provider Talus has recently made another acquisition totaling three in the payment technology space over the last 18 months.

The move positions them to be an industry force in that service for small businesses while gaining a foothold in the Healthcare, Hospitality and Non-Profit arenas.

The company reported the acquisition of Scottsdale-based Prolific Business Solutions in the middle of September. They’ve also committed $250 million to further acquisitions.

Significant Move for Talus Payments

The move is significant to small businesses who are looking for payment processors that are above the curve. Currently Talus offers a variety of services including a POS system and a mobile reader.

They also offer a terminal option and virtual e-commerce services and software as well as backend office analytics.

Payment Solutions Research

Small businesses looking for payment solutions need to focus at least part of their research on mobile payment processing readers like the ones Talus has.

Another important aspect this company has is Android and Apple compatibility which is a standard feature these days. The Bluetooth connectivity is an important advantage too.

Talus CEO, Scott Cruickshank, is the leader behind the recent moves which include future plans for more acquisition led growth.

“We have a clear plan to evolve and grow Talus into a domestic market leader in payment services for the SMB market,” he wrote in a company release.

“Further, we are thrilled to have the Prolific Business Solutions team now a part of the Talus family. In addition to our Dallas headquarters location, we will also be expanding and growing our presence in Scottsdale going forward.”

Confident Claims

This business has reason to make confident claims. They are a portfolio company of Alvarez & Marsal Capital Partners (AMCP) who are supplying some serious financial clout.

Small businesses are always looking to get the best in payment processing for professional services, retail, restaurants and a variety of other spaces. Partnering with a company that has the kind of backing means accessibility to great tech and savings that get passed along through innovations in equipment and services.

Fintech Thought Leaders

“We are proud and excited to continue our partnership with Talus. Led by Scott, this group of senior fintech thought leaders at Talus have built an impeccable reputation centered on technology driven payment solutions for merchants across attractive industry verticals”, said Mike Odrich, Senior Managing Director and Co-Founder of A&M Capital in a company release.

Image: Shutterstock

This article, "Is Talus Payments a Fit for Your Small Business?" was first published on Small Business Trends

January 18, 2019

15 Best Frozen Yogurt Franchise Opportunities

The Best Frozen Yogurt Franchise Opportunities in 2019

The global frozen yogurt market is valued at about $1.4 billion and is expected to continue its recent growth. Since it’s often viewed as a healthier alternative to ice cream, these businesses can appeal to a wide variety of potential customers.

Frozen Yogurt Franchise Opportunities

If you’re interested in breaking into this business, here are some frozen yogurt franchises to consider.

Pinkberry

The Best Frozen Yogurt Franchise Opportunities in 2019

Pinkberry is a fairly recognizable frozen yogurt brand, with more than 150 locations around the U.S. Locations can range from 200 to 1,500 square feet, so it’s a fairly customizable opportunity. They’re also very popular in airports, malls and other high traffic areas. Fees start at $35,000.

FroyoWorld

Started in Connecticut, FroyoWorld now has more than 40 franchise locations throughout New England and Puerto Rico. The company is currently open to opportunities in markets around the country and internationally, and offers operational and marketing support to franchisees. The initial franchise fee falls around $25,000.

Forever Yogurt

Forever Yogurt was initially founded in Chicago, and each store adopts the character of its own community. So no two businesses are alike. Franchisees are required to have a minimum net worth of around $250,000 to qualify.

TCBY

The Best Frozen Yogurt Franchise Opportunities in 2019

TCBY has been around for about 40 years, so franchisees enjoy brand awareness of about 90 percent nationwide. There are counter service, self-serve and kiosk models, so you can choose the options that fit best with your business preferences and your budget. The average franchise fee is around $35,000 and the average total upfront investment is around $355,000.

Yogurt Mountain

Yogurt Mountain locations offer more than 16 flavors of frozen yogurt and over 50 toppings. The company started in 2009 and has already grown to more than 40 stores. Franchise fees start at $30,000 and build expenses start at $250,000.

sweetFrog

In addition to traditional frozen yogurt stores, sweetFrog also offers franchisees the opportunity to own a mobile froyo truck or trailer. They offer a brand support team to help you with various elements of running your business. And you can get started for about $175,000 or more.

Menchie’s

The Best Frozen Yogurt Franchise Opportunities in 2019

Menchie’s is a frozen yogurt chain that utilizes a self-service model to keep costs down and streamline operations. The company focuses on creating a positive guest experience and supports franchisees with everything from development to equipment and sales. The franchise fee is around $40,000 and total costs usually fall between $300,000 and $350,000.

U-Swirl

U-Swirl offers both full store and kiosk concepts for franchisees. So if you have an existing business and want to add another revenue source, it could be a decent opportunity. It’s also part of the Rocky Mountain Chocolate Factory brand, which may add some trust in new markets around the country. Since opportunities vary so much, the startup fees also vary widely.

CherryBerry

CherryBerry offers assistance with site selection, construction, training and marketing. Another partner business with Rocky Mountain Chocolate Factory, this allows you to potentially add products to your offerings, so you can bring in extra income during the fall and winter when you may not sell a ton of froyo.

Yogurtland

The Best Frozen Yogurt Franchise Opportunities in 2019

Yogurtland has more than 325 locations around the country and utilizes a self-serve operating platform to keep operating costs low. They also have proprietary flavors, with new options for customers each quarter. The franchise fee falls at around $35,000, with build costs ranging from $350,000 to $400,000.

Red Mango

Red Mango is a franchise business that serves frozen yogurt along with juice and smoothies, which happen to also be gaining popularity at the moment. The company is currently open to growth opportunities throughout most of the country, with a specific emphasis on a few large U.S. cities. Exact costs are available upon requests, but the company prefers franchisees with a net worth of about $350,000 or more.

16 Handles

16 Handles is a self-serve frozen yogurt franchise that also offers cakes, cookies and other frozen yogurt filled treats. It requires between $450,000 and $650,000 to get started, including a $30,000 franchise fee.

FroZenYo

FroZenYo is a franchise company based in Washington D.C. where customers can choose from a variety of flavors and toppings and then pay based on the total weight. They also offer dessert catering options and complementary products like water and coffee. Though all locations are currently in D.C. and Puerto Rico, the company is looking to expand to other parts of the country as well.

Reis & Irvy’s

If you’re looking for something a bit new and different, Reis & Irvy’s offers a frozen yogurt restaurant concept that’s powered by robots. The initial investment starts at around $172,000 for three kiosk locations, which they’ll place for you at malls or other high traffic areas. Labor and operating costs are also kept low.

Orange Leaf

Orange Leaf offers storefronts and non traditional setups for franchisees. You can also offer catering options and take advantage of a co-brand opportunity with Humble Donut Co. to offer additional sweets. The total upfront cost starts at around $120,000 for a non-traditional model.

Image: FroZenYo

This article, "15 Best Frozen Yogurt Franchise Opportunities" was first published on Small Business Trends

January 18, 2019

Tricks of the Trade – 4 Things Every Small Business Owner Should Know

Starting your own business, but unsure where to start? Don’t be discouraged, many people find themselves in your exact situation. Two of the biggest motivators for starting your own business are wanting to make a difference, and wanting to escape the boss. Both valid reasons, but neither is very helpful when it comes to the technicalities of getting your business off the ground. Luckily, there are now more resources available to small business owners than ever before, and you can turn to articles like this one to help you know what’s important.

Own Your Space

We don’t mean that you have to pay off your premises entirely before conducting business! Owning your space is about knowing who you are, what you can offer and where you fit into the industry. The first thing any business should do is establish their brand and take it live. In other words, ensure you know your aims and business attributes, and have a strong marketing plan for all appropriate channels. If you don’t feel confident doing this yourself, consider employing a web marketing agency in Melbourne as marketing and branding are instrumental to any business.

Latest Isn’t Always Greatest

Business owners can often feel pressured to have the latest technology and equipment, but this isn’t always necessary when you’re first starting out. Obviously, newer models will carry extra features, but when capital is at an absolute premium, it’s perfectly acceptable to have slightly older assets if they can still get the job done. You may also want to consider acquiring big-ticket items in good, second-hand condition if shelling out for the brand new version will hurt your budget.

Count Your Pennies

Speaking of budgets, having a well thought out financial plan is going to be paramount to your success. Start by creating a detailed list of expenses. There’s often no room for error in business finances so you’ll want to know where every cent of your money is going. Once you’ve established your costs, you’re going to have to compare them with what you can reasonably spend. If you’re operating in a profit margin that you deem acceptable, then all is well and you can continue as you were, but if you’re dissatisfied with what the numbers are telling you, it’s time to work out what you absolutely must have, and what can have its budget reduced or removed completely. Make sure you factor any applicable taxes into this equation, or you may find yourself in the red very quickly come the end of the financial year.

The Customer Is (Almost) Always Right

Businesses cannot exist without the customers they serve so be sure to leave every client feeling like a VIP. Word of mouth, social posts, and online reviews have more sway than ever in the business world, so make sure you keep your customers happy and you will benefit from return visits and new customers. You don’t have to bow down to rude people or comply with outrageous demands, but it is simply good practice to go above and beyond as often as possible for those who support you and your venture.

Things aren’t always going to be easy but if you’re after a free ride, business ownership probably isn’t for you. We’re going to presume that since you’ve gotten this far, you’re willing to do whatever it takes to succeed. Remember, as long as you keep your motivation and enthusiasm, the outcome will be rewarding no matter what happens because you’ll know you did your best.

The post Tricks of the Trade – 4 Things Every Small Business Owner Should Know appeared first on MyVenturePad.com.

January 18, 2019

Why Hospitality Businesses are Joining the Coworking Bandwagon

If you are looking for an office rental space in Dallas, TX, coworking spaces should be on the top of your mind. They provide a productive place where work can be done with prices that are easy on the wallet.

With the continuous proliferation of coworking establishments, such as Common Desk, there is one trend that we are seeing these days – hospitality in coworking. Basically, what this means is that the hospitality industry is already joining the bandwagon. They are either using coworking spaces or they are transforming their spaces into coworking offices.

In the rest of this post, we will explore some of the reasons why the merger of hospitality and coworking will be big. This will make you understand why coworking hotels will be more common in the future.

The Business Center is Dead

According to one report from USA Today, traditional business centers in hotels are no longer common. Instead, they have elevated into a different kind, and this is in the form of a coworking space. Gone were the days when you have a basic room with computers for sending emails and doing quick online research. Nowadays, travelers bring their own laptops and all they need is a conducive place to work. They look for a place with energy where they can get work done while in the hotel. For this reason, hotels have been building coworking spaces in lieu of boring business centers.

It Provides Additional Revenue

Perhaps, the best reason why hospitality businesses are joining the coworking bandwagon is the fact that it provides them with an additional income stream. This way, they will earn from both guests and non-guests. Having extra rooms to spare as a coworking space will also mean additional income. Aside from shared desks, there can also be meeting rooms for rent. Some hotels do not even have to spare a room. All that they have to do is to add desks in the lobby and they can already use this as a coworking space.

Build a Community

In one article that explores the relationships between hotels and coworking spaces, it has been shared that one of the driving forces behind the merger of the two is the desire to create a vibrant community. This way, the hotels are being able to bring together online freelancers and small business owners, among other users of coworking spaces. This community also helps in the hotel’s media coverage.

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Lastly, hotels are being transformed into coworking spaces because there is a demand. There is a need, so the logical response is to provide. A lot of travelers these days work while they are on their vacation. Fortunately, there are many hotels that can now provide them with a conducive space to get work done without distractions, unlike when they have to do it in their hotel room or a crowded coffee shop.

Indeed, the businesses in the hospitality industry are slowly realizing the benefits of coworking spaces and how it can provide an additional stream of income. It is no longer surprising to find a shared office in the next hotel you will visit!

The post Why Hospitality Businesses are Joining the Coworking Bandwagon appeared first on MyVenturePad.com.

January 18, 2019

Brexit Hasn’t Hurt the UK’s Tech Industry: What Investors Need To Know

While many industries in the UK have the dark cloud that is Brexit looming over them, tech companies are basking in the light of success.

The UK is one of the most tech startup-friendly nations in the world, and it doesn’t seem like the tremulous economic environment has changed that.

According to Forbes, more tech firms are operating in the UK now than ever before.

This information is a bit surprising considering Companies House reported fewer new businesses launched in 2017 and 2018 than years before that.

The Forbes article further points out that the number of tech startups rose nearly 60 per cent in 2017, according to an analysis conducted by RSM International, an accounting and audit firm.

In other words, if you’re considering launching your startup in Europe, whether you’re local or abroad, an entrepreneur or an investor, the United Kingdom is the best European country for tech companies at this point.

The UK Offers Companies the Best Tax Benefits in Europe

Domestic and foreign holding companies find the UK an advantageous country to establish themselves for a few reasons:

  • The UK is one the world’s most significant international business hubs
  • The UK’s political, legal, and economic systems are relatively stable compared to other European nations
  • The UK has established a desirable tax system with numerous tax treaties throughout the world

One of the few tax breaks enjoyed by UK-based startups is the Seed Enterprise Investment Scheme (SEIS) which is designed to “incentivise potential.”

According to information provided by Metric Accountants:

“A company may issue shares for a cash investment of up to £150,000 under the SEIS scheme, which it may use for a wide range of business purposes, everything from research and development to the recruitment of more staff.”

For more in-depth information concerning assistance and programs offered by the United Kingdom to entrepreneurs and startups, feel free to visit the Department of International Trade.

Other Signs That Britain Is a Haven for Young Tech Companies

In February 2019, the Best British Tech Startup Competition 2019, the world’s largest annual mobile industry gathering, will take place. Over 30 tech startups will be competing for a chance to win the following package:

  • Showcase their company and innovations at the 2019 Four Years From Now (4YFN) and Mobile World Congress (MWC) in Barcelona.
  • Display their exhibit at 4YFN Barcelona in February 2019 where 20,000 or more corporate heads, inventors, and founders from around the world will be attending.
  • Talk about their startup with various media outlets throughout the MWC.
  • Be permitted to attend the KPMG Inspiring Speakers events along with founders and CEOs of the United Kingdom’s leading fast growth private UK businesses.

What makes the Mobile World Congress such a promising event for new tech companies looking to make their mark?

Last year, over 100,000 people from the mobile tech industry showed up there.

Among them were 7,000 CEOs, 3,500 international media outlets and technology analysts, as well as hundreds of big-time investors looking to pour their money into the next big thing.

In addition to that huge event, on January the 14th, the UK government is hosting its “UK Aerospace Research and Technology Programme: Collaborative Feasibility Studies Round 1.”

According to the government’s website:

“UK organisations can apply for a share of up to £8 million to carry out collaborative R&D, collaborative fast-track and feasibility projects to enhance the UK’s position in civil aerospace.”

In order to qualify for this event, one must be:

  • An organization of any size based in the UK
  • Intend on conducting aerospace research or technology development projects in the UK
  • Agree to and sign the Aerospace Technology Institute (ATI) framework agreement
  • Collaborate with other organizations.

The project closes on 27 February 2019.

The post Brexit Hasn’t Hurt the UK’s Tech Industry: What Investors Need To Know appeared first on MyVenturePad.com.

January 18, 2019

5 fatal mistakes we can learn from big businesses who mishandles an online crisis

Running a business means facing many challenges. The world’s markets are ever changing. What works one week may not work the very next. This is why company owners and managers need to be aware of every single aspect of their business. They need to know what’s going on in every single area. This includes how employees are functioning on the job each day. It also includes how customers perceive the company. Companies that a great reputation in the collective consumer mind are companies that are likely not only continue to do well but also to actively increase their client base and thrive even further. One area that needs particular attention is that of the online arena. Online perceptions have come to play an even greater role than ever before. The first thing that many customers do is reach for their phone and have a quick look at the company in cyberspace. Today’s savvy business owners and manager should pay close attention to their online reputation. Many businesses have floundered because they did not do so. Fortunately, there are many things to learn from such mishandling.

Admit to the Mistake

One of the single most important things that any company owner or manager can do is to admit to the mistake. During a PR crisis, the temptation to deny anything happened can be quite strong. Such denials are increasingly difficult in an age of open information. It’s easier than ever to find someone at the company willing to speak about what really happened. This is why savvy business owners and managers are upfront with their clients about the issue. They understand that being forthright from the very first is the best way to appear honest, open and truly trustworthy in the public mind. They also understand that speaking out openly can help nip the crisis before it develops into something much worse.

Reach Out to Clients

Company managers and owners have foundered in the aftermath of a crisis by not doing enough to reach out to clients and all those watching the crisis unfold. Company managers and owners may think that others aren’t paying attention. Nothing could be further from the truth. People love to watch others fall. Aggrieved clients also loathe the sense of being taken for granted. This is why companies that have appeared aloof from an ongoing crisis have tended to do poorly. Company officials must be willing to step up the plate and demonstrate they are willing to listen. They must also be willing to indicate they hear what clients and observers have to say about the crisis and why it happened. Direct response to the public is the best bet. There are many ways of accomplishing this goal. For example, a company can set up an ask the company officials about policies can be of use. Popular social media sites offer a great way to communicate directly with the public in an informal setting.

Work With Experts

The online world may seem like uncharted territory but it is not. Experts have developed methods that can help any company successfully navigate an online problem. Working closely with online reputation management services is an integral part of any company strategy. While many companies have in-house staffers who may have a background in this field, they often lack the highly specific expertise required to successfully move past an issue like this one. This is why working as closely as possible with an expert is a necessity. Experts deal with problems that can happen with an online crisis all the time. They understand specific techniques such as SEO that can be used to successfully counter such problems and create a better corporate online management structure. For a small consulting fee, an expert can suggest all sorts of strategies that can e used to counter such issues and truly move past such a crisis. Companies that have done it all on their own have frequently found their responses inadequate at best.

Highlight the Positive

In the middle of an ongoing issue, it may feel hard for company officials to focus on more productive aspects of their overall business and getting word about such achievements to the public. Company officials may be tempted to focus solely on the response to the current issue. This is a huge mistake. Now is the time to actively remind the public of the company’s many varied and impressive achievements. Many companies have failed to accomplish this task. In doing so, they have missed out on a huge opportunity. When people are paying attention to a company in any way, it’s time to harness that audience and use it to their benefit. Company owners and managers who can accomplish this goal are those who will watch the company take full advantage of an online problem and turn it to their advantage. It’s important to remember that the spotlight can be used to illuminate all areas of the company. Actions such as providing a list of the company’s many positive prior actions are actions that will help all company managers and employees successfully move past this crisis.

Redesign the Site

A crisis offers a fresh opportunity to begin again. Now is the time to take the initiative and create an entirely new site from top to bottom. In the aftermath of a crisis, the company’s site may receive hundreds of thousands of new visitors. Now is the time to welcome them with a site that is full of innovation and puts the company’s best foot forward. A brand new website can also help by making it clear that the company is devoted to meeting the highest possible professional standards. Company officials who listen to experts in the field of online reputation management are those who are likely to see increased business and happier clients. Companies must be proactive. Officials who view a crisis as an opportunity are officials who can help the company excel in the modern world.

The post 5 fatal mistakes we can learn from big businesses who mishandles an online crisis appeared first on MyVenturePad.com.

January 18, 2019

Starting a New Business in Australia as an Expat

Australia has become a popular destination for business buyers, investors, and expats who which to set up their business in Australia. Australia offers high standards of living and many facilities that have attracted many expats. Australia has strict immigration rules and regulations, and the application fees can be very high. However, the Australian government promotes and encourages enterprisers to migrate and grow their business in the Australian market.

The Australian market is on the rise. Expats setting up new businesses and foreign investment are sources that have contributed to the increase and development of the country’s economy. If you’re a resident of a country other than Australia and are planning on starting a business in Australia, you’re in the right place. Following are the things you should know.

Apply for the right visa

If you’re planning on starting a new business in Australia, one of the most important steps is deciding which type of visa is ideal for you according to your needs and wants. There are more than 100 different types of immigration visas offered by Australia, amongst which the most popular is the Business Skills Migration Visa for investors, buyers, and enterprisers. The following are the main categories in the Business Skills Migration Visa:

  1. Senior Executive, which is offered to senior employees of big enterprises.
  2. Investor visa, which is offered to individuals who wish to invest in Australia.
  3. Business owner which is for owners of businesses
  4. Business Talent, which is for business people who have the support of the government.

Commonly the expats are given a four-year temporary visa. If you have evidence of carrying out any sort of business activity or investment over for a certain amount of time, you can apply for becoming a permanent resident. It is recommended that you take the guidance and advice of a professional Australian migration lawyer before making the final decision because these visas can be perplexing with constantly changing regulations and rules.

It is important for you to know that if you have permanent residency in Australia, you will be taxed on your income including payments and bonuses. Individuals who have a temporary residency visa may also be taxed. So it is recommended that you consult a senior Australian accountant.

Type of business

Before starting a business in Australia, you have to decide the type of business you will progress with. You can either do business under your own name or do business as a company. If you wish to do business under your own name, then you don’t have to register for a business name.

However, you should see if you need to register yourself for sales tax or a license. If you go ahead with trading as a company, you need to register your business in all areas where the company is functional. You should keep in mind that registration does not protect your business name and it can be used by others. In order to protect your business name, you must register the business name as a trademark. You should ensure that your business name is correctly written on all of the paperwork regarding your company.

Employees

It is necessary that your business obeys the Australian Labor regulations. It is your duty to ensure their salaries are paid. You can send money from Australia to your employees via Ria Money Transfer. It is necessary for you to be familiar with minimum wage requirements, work permits, health and safety regulations of the state, and recruitment policies.

Conclusion

Starting a business in Australia can be a daunting task especially if you take into account all the rules associated with the different areas of business. You can take help from an experienced accountant or from the government’s business advice website in order to make your job easier and propel your business in the right direction.

The post Starting a New Business in Australia as an Expat appeared first on MyVenturePad.com.

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