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Small business smarter: how to launch your big idea

SMH - Business

Small business smarter: how to launch your big idea

Posted: 2024-08-27 19:00:00

Original link: https://www.smh.com.au/business/small-business/small-business-smarter-how-to-launch-your-big-idea-20240826-p5k5e3.html?ref=rss&utm_medium=rss&utm_source=rss_business

Small business smarter: how to launch your big idea

<noscript/><div id="app" readability="4.3895253682488"><p>Small business smarter: how to launch your big idea</p><div class="_2lciU" role="" readability="9"><svg aria-hidden="true" class="QMY9O idv27" focusable="false" height="1em" width="1em"><use xlink:href="https://www.smh.com.au/#icon-exclamation"/></svg><p>We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.</p><button class="_760Mo">Dismiss</button></div><nav class="RbLp5"><a href="https://www.smh.com.au/#sections">Skip to sections navigation</a><a href="https://www.smh.com.au/#content">Skip to content</a><a href="https://www.smh.com.au/#footer">Skip to footer</a></nav><header class="_21UZG noPrint" data-testid="header"/><main id="content"><div><div class="lkIMH"><figure class="XmCQH" data-pb-type="im"><div class="_1hWPs _2Kw7c ME3V4 J7Q0t _2mu0j"><picture class=""><source media="(min-width: 1140px)" srcset="https://static.ffx.io/images/$zoom_0.517361111111111%2C$multiply_2.3607%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8, https://static.ffx.io/images/$zoom_0.517361111111111%2C$multiply_4.7214%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8 2x" data-pb-im-config=""/><source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.517361111111111%2C$multiply_1.3598%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8, https://static.ffx.io/images/$zoom_0.517361111111111%2C$multiply_2.7195%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8 2x" data-pb-im-config=""/><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.4375%2C$multiply_1.3545%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0/t_crop_custom/q_86%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8, https://static.ffx.io/images/$zoom_0.4375%2C$multiply_2.709%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0/t_crop_custom/q_62%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8 2x" data-pb-im-config=""/><img alt="Small business smarter: how to 
launch your big idea" class="_1MQMh" src="https://static.ffx.io/images/$zoom_0.4375%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0/t_crop_custom/q_86%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8" srcset="https://static.ffx.io/images/$zoom_0.4375%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0/t_crop_custom/q_86%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8, https://static.ffx.io/images/$zoom_0.4375%2C$multiply_1.2116%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0/t_crop_custom/q_62%2Cf_auto/fb343a30dd1fdd5346ba14fd37a8093cf64bd8f8 2x"/></picture></div></figure><div class="_2GLcS" readability="6.65"><div class="_3WbiU" readability="8.55"><span class="E8ENZ">Series</span><p>Expert advice on turning your dream into a reality, from identifying growth sectors to how much you might need to invest.</p></div></div></div><div class="_2RxqO _3ECgH _2TEVJ OK924"><div class="ZD0K7"><div class="_3bDfG"><div class="_15r1L KrNcv JT_XO _37npY" data-an-position="1" data-testid="story-tile" data-pb-type="st" readability="5.6485148514851"><figure class="XmCQH _1oc7V _2D8o-" data-pb-type="im"><a tabindex="-1" data-testid="article-link" href="https://www.smh.com.au//business/small-business/are-you-up-to-running-a-small-business-20240827-p5k5ka.html?collection=p5k5e3&gb=1"><div class="_1hWPs _2f0dW J7Q0t _2mu0j"><picture class=""><source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_0.5966%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_86%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f, https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_1.1931%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_62%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f 2x" data-pb-im-config=""/><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_0.496%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_86%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f, https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_0.9921%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_62%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f 2x" data-pb-im-config=""/><img alt="Are you up to running a small business?" class="_1MQMh" src="https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_86%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f" srcset="https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_86%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f, https://static.ffx.io/images/$zoom_0.40931163167123785%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_252%2C$y_297/t_crop_custom/q_62%2Cf_auto/0c06e00c968758ce6e8e7b61e76164fd42019b7f 2x"/></picture></div></a></figure><div class="_1YzQk _14cYd _3_q0N" readability="7.2623762376238"><h3 class="_2XVos _1UZZm _1pxpm" data-testid="article-headline" data-pb-type="hl"><a data-testid="article-link" href="https://www.smh.com.au//business/small-business/are-you-up-to-running-a-small-business-20240827-p5k5ka.html?collection=p5k5e3&gb=1">Are you up to running a small business?</a></h3><p class="_3XEsE" data-pb-type="ab">In the first part of a new series, founders share the emotional and tactical strengths needed to go it alone and secure long-term growth.</p><ul class="_4J-LJ AArCS _3LBLi" data-pb-type="au"><li class="RDpoC"><time class="_2_zR-" data-testid="datetime" datetime="2024-08-28T08:56:59+10:00">Today, 8.56am</time></li><li class="_2DPTm"><span class="_3JtGQ">by </span><span><span data-testid="byline">Emma Koehn</span></span></li></ul></div></div><div class="_15r1L KrNcv JT_XO _37npY" data-an-position="2" data-testid="story-tile" data-pb-type="st" readability="5.625"><figure class="XmCQH _1oc7V _2D8o-" data-pb-type="im"><a tabindex="-1" data-testid="article-link" href="https://www.smh.com.au//business/small-business/businesses-show-surprising-confidence-despite-inflation-woes-20240820-p5k3up.html?collection=p5k5e3&gb=1"><div class="_1hWPs _2f0dW J7Q0t _2mu0j"><picture class=""><source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.2356%2C$multiply_0.5966%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_86%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc, https://static.ffx.io/images/$zoom_0.2356%2C$multiply_1.1931%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_62%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc 2x" data-pb-im-config=""/><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.2356%2C$multiply_0.496%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_86%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc, https://static.ffx.io/images/$zoom_0.2356%2C$multiply_0.9921%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_62%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc 2x" data-pb-im-config=""/><img alt="Sixty per cent of businesses surveyed by NAB say they plan to grow their business in the next year. " class="_1MQMh" src="https://static.ffx.io/images/$zoom_0.2356%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_86%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc" srcset="https://static.ffx.io/images/$zoom_0.2356%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_86%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc, https://static.ffx.io/images/$zoom_0.2356%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_33%2C$y_0/t_crop_custom/q_62%2Cf_auto/21c4620b3d50bcfab11f6834ab8c3fa5119c0ebc 2x"/></picture></div></a></figure></div></div><div class="qFUp4"><div><div class="_15r1L KrNcv _1WUgE" data-an-position="1" data-testid="story-tile" data-pb-type="st" readability="6.0649819494585"><figure class="XmCQH _238eZ" data-pb-type="im"><a tabindex="-1" data-testid="article-link" href="https://www.smh.com.au//politics/federal/small-businesses-get-cost-relief-amid-renewables-push-20240514-p5jdjm.html?collection=p5k5e3&gb=1"><div class="_1hWPs _2f0dW J7Q0t _2mu0j"><picture class=""><source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.4431%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_86%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4, https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.8862%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_62%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4 2x" data-pb-im-config=""/><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.4815%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_86%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4, https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.963%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_62%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4 2x" data-pb-im-config=""/><img alt="The federal budget measures to deliver cost relief to small businesses come as insolvencies reached a record high in March." class="_1MQMh" src="https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_86%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4" srcset="https://static.ffx.io/images/$zoom_0.8475%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_86%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4, https://static.ffx.io/images/$zoom_0.8475%2C$multiply_1.2116%2C$ratio_1.5%2C$width_756%2C$x_301%2C$y_8/t_crop_custom/q_62%2Cf_auto/1a9d7c5989e9010482707ebdb865cdbaad3807b4 2x"/></picture></div></a></figure><div class="_1YzQk _1qVjD _2G7Kj" readability="8.086642599278"><h3 class="_2XVos _35vn2 _1pxpm" data-testid="article-headline" data-pb-type="hl"><a data-testid="article-link" href="https://www.smh.com.au//politics/federal/small-businesses-get-cost-relief-amid-renewables-push-20240514-p5jdjm.html?collection=p5k5e3&gb=1">Small businesses get cost relief amid renewables push</a></h3><p class="_3XEsE" data-pb-type="ab">The budget includes tax incentives for critical minerals and green hydrogen, and cost relief for small businesses, including an energy rebate and an extension of the instant asset write-off scheme.</p><ul class="_4J-LJ _338jp _3LBLi" data-pb-type="au"><li class="RDpoC"><time class="_2_zR-" data-testid="datetime" datetime="2024-05-14T19:32:03+10:00">May 14, 2024</time></li><li class="_2DPTm"><span class="_3JtGQ">by </span><span><span data-testid="byline">Millie Muroi</span></span></li></ul></div></div><div class="_15r1L KrNcv _1WUgE" data-an-position="2" data-testid="story-tile" data-pb-type="st" readability="5.4260869565217"><figure class="XmCQH _238eZ" data-pb-type="im"><a tabindex="-1" data-testid="article-link" href="https://www.smh.com.au//national/just-six-seats-a-night-what-s-driving-the-teeny-weeny-restaurant-trend-20240304-p5f9k2.html?collection=p5k5e3&gb=1"><div class="_1hWPs _2f0dW J7Q0t _2mu0j"><picture class=""><source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.4431%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_86%2Cf_auto/75580991872a83e31019655abc374bda72002502, https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.8862%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_62%2Cf_auto/75580991872a83e31019655abc374bda72002502 2x" data-pb-im-config=""/><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.4815%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_86%2Cf_auto/75580991872a83e31019655abc374bda72002502, https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.963%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_62%2Cf_auto/75580991872a83e31019655abc374bda72002502 2x" data-pb-im-config=""/><img alt="Greasy Zoes owner Zoe Birch: “If you want to make a million dollars, opening an eight-seat restaurant isn’t the way to go.”" class="_1MQMh" src="https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_86%2Cf_auto/75580991872a83e31019655abc374bda72002502" srcset="https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_0.6058%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_86%2Cf_auto/75580991872a83e31019655abc374bda72002502, https://static.ffx.io/images/$zoom_0.21337849280270957%2C$multiply_1.2116%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_9/t_crop_custom/q_62%2Cf_auto/75580991872a83e31019655abc374bda72002502 2x"/></picture></div></a></figure></div></div></div></div></div></div></main></div><link as="script" href="https://www.smh.com.au//assets/Homepage.ea00446ab17140a1cb8e.chunk.js" rel="prefetch"/></body></div> <div style="clear:both"></div> </div>  <a href="#?call=foxfeedspro.viewpopup&height=500&width=full&id=3978508" class="inlinePopup">View More</a> </div> <div class="view_more2" style="clear:both;position: relative;margin-bottom: 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