Local Government Councils Encourage Home Businesses and Working from Home
IF YOU’RE THINKING about whether to start your own home-based business, consider this fact I stumbled across recently: More than a third of all Australian micro businesses – that is, a business with four or fewer employees – use the Internet to allow their staff to work from home, according to the Australian Bureau of Statistics.
[quote]That’s an 8% increase in 2 years[/quote]
This represents an 8 percent increase in the number of people working from home in the space of just two years, and you can bet that figure keeps rising. You can also bet that a good majority of those people working from home were not employees, but independent contractors.
The business opportunities are there if you’re up for the challenge!
I’m not saying that the demand will peter off, but I do think it’s a good idea to establish yourself now, while the practice is still gaining momentum, rather than waiting to board the train at the next station – because it might be hard to find a space in which you’ll fit then.
Your time is now
If you have a business idea you’ve been toying around with for some time, but just need the soft skills to get it off the ground, our Small Business Management Course can help you.
Alternatively, you might be interested in some already existing business opportunities, in which case the StartUp Academy can provide you with the training, guidance and support you need to make the transition from salaried employee to independent contractor.
For more information on working with the StartUp Academy, visit their website. Or if you’d like more information on our Small Business Management Course, visit our website or enrol here.
NSW State Government Building Codes, Local Council Planning Zones and the ATO
There are concessions and exemptions as well as of course deductions (costs that you incur that can reduce your taxable income) that all point to ways that our local, state and federal governments are doing their best to help grow the knowledge economy of home based workers. Most people though who decide to start a business from home are just thrilled at the personal development journey, learning how to become independent and have a better quality of life.
People start their own businesses for a variety of reasons, but usually it’s because they need flexibility and want to do work that is rewarding.
For some people, starting their own business is the next natural step in their career – perhaps they’ve worked for many years as hairdresser in someone else’s salon; or worked for someone else as a chef or photographer or builder, and going out on their own just makes good career sense.
Bookkeeping: the low-risk, high reward business option
However, for many, the career path isn’t so clear, or they always may have seen themselves shackled to a job working for someone else. To them, starting a business always seemed like something that hinged on a really great idea or new invention, and in absence of either, it has remained out of their grasp.
With the rise of cloud-accounting software like Xero and MYOB Account Right Live, for which we offer online training courses in both platforms, most bookkeepers set up the bank feeds option for their clients, which automatically matches transactions in their bank account with the transactions in their accounting software. This eliminates much of the grunt work associated with the data entry aspect of bookkeeping, freeing the bookkeeper up to do other things for their clients (like BAS) or even pick up some extra clients.
As more people start new businesses, which only looks set to increase over the next couple of years thanks to the many tax breaks included in this year’s federal budget, these businesses require more than a good, reliable bookkeeper; they also need web developers, content marketers, virtual assistants, operational managers, and the like.
Hiring several different contractors to manage each aspect of their business is not only costly – it’s also time consuming. Most business owners would rather hire just one or two contractors who have a broad base of skills – a bookkeeper with administration and operational experience or a content marketer with web design experience, for example.
Develop valuable business skills
A bookkeeper with business administration skills, which can be obtained by enrolling in our Small Business Management Course, is a valuable asset to any business — and it doesn’t mean you have to become a Jack (or Jill) of all trades.
EzyLearn is passionate about helping people start their own bookkeeping businesses, and to this end, we have worked to help develop National Bookkeeping, an Australia-wide network of Australian bookkeepers and registered BAS agents, which helps to match small businesses with a bookkeeping professional that meets their business needs. National Bookkeeping is now looking to expand its network by licensing its business to people who would like to start a bookkeeping business.
Becoming a National Bookkeeping Licensee
Ever since we started delivering our MYOB training courses online, and watched as other tools like Dropbox and WordPress and the many Google apps made it easier and easier for people work entirely from their home office, we’ve wanted to help people to start their own home-based bookkeeping business.
The reason for this is that we believe that continued learning and professional development is crucial for every business owner, especially if they want to stay ahead of trends and new developments in their industry and if you’re interested in becoming an independent contractor running a bookkeeping business from home then these software programs are essential.
Stay ahead of industry trends
Keeping up with industry developments is something we do as a matter of priority at EzyLearn because we want to be able to provide training courses that are relevant to the latest trends, which is why we’re busy working with some of the top digital marketers and strategists to develop our Content Marketing course.
When you become a National Bookkeeping licensee, you’ll have access to this Content Marketing training course as part of the small business marketing course which is available as an optional extra. This will help you market your services more effectively.