Is your business ready to grow
While it may be your intention to start expanding your business, it is important to make sure it is ready and you are positioned for growth.
Increasing the size of your business can impact and change a number of aspects of your business including:
- Taxation obligations (such as payroll tax)
- Staffing numbers
- Premises
- Finances
To find out more about whether the timing is right for expanding your business complete the Business.gov.au Growing your business checklist
.
Have you already grown your business? Have you got any lessons learned from the process? Share your tips with other small businesses at facebook/ACTGov.Business
or tweet them to @ACTGov_Business
.