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small business

Small Business Restructure Plan - retain control of your business

A small business restructure plan (SBRP) allows eligible business owners to retain control of the business, properties and affairs of the company. This requires the development of a strategy with the objective to enter a restructuring plan with creditors. For struggling businesses, this enables a more streamlined process and lower costs.

QLD Business Basics Grant: Round 3 opens 4 May

The Queensland government's Business Basics Grants Program opens round 3 at 9am on Wednesday 4 May 2022. This program provides $5,000 funding to support businesses who want to increase core skills and adopt best practice across 5 priority areas including training and coaching, website build and upgrades, professional business advice, strategic marketing services and business continuity and succession.

Start-ups - where do I start?

Every successful business begins with a simple thought, an inventive idea or identifying a niche in the market which grows into a viable and commercial operation. For those looking to start their own business, it can seem a daunting task with a seemingly endless web of information available. However, seeking appropriate professional advice and assistance early on will simplify the process and allow you to focus on turning your idea into a reality. Two critical issues to consider during the early stages when launching your start-up business will be what entity or structure the business will operate, and how to fund the business through each stage of its lifecycle. These two considerations will form part of your business plan and the pitch to potential investors.  

Transfer duty exemption for Queensland small business restructures

Small business owners in Queensland who restructure their business on or after 7 September 2020 may be eligible for full or partial duty exemption on the transfer.

Small Business: Getting Back to Business

In March 2019 the Minister for Employment and Small Business, Shannon Fentiman MP released a media statement declaring that small business contributed $113 billion to the Queensland economy and employed 44% of the private sector workforce.