Media release

Starting off on the right foot

31 December 2009

New year resolutions for small business.

With the new year about to begin, and the State’s economy on the rise, now is the time for small business operators to turn those resolutions into action.

Acting Managing Director of the Small Business Development Corporation,Ms Jacky Finlayson says small business operators should begin planning for another busy year.

“Business planning is one of the most important aspects of running a business, but is often one of the most neglected,” Ms Finlayson said.

“Now is the time to plan where you want your business to be in one, three or five years time.”

New year resolutions for 2010 may include:

• making changes to your HR and payroll systems to comply with Modern Awards and the new National Employment Standards (effective 1 January2010)
• updating your business plan
• investigating ways to make your business ‘greener’,
• updating your business skills with the our new BiZFiT program
• streamlining accounting systems and calling in outstanding debts
• reviewing and updating compute rand online banking security
• updating your marketing plan
• Reviewing business agreements such as commercial tenancies and supply agreements to make sure they meet your business needs for 2010.

For more information, contact us on 131 BIZ (131 249).

Media contact: Di Graham (08) 9220 0218 or 0409 089 159.

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