We have been working in this business and we think that we can make it grow by making some changes.
Last year Candice came to see us with her friend. They both worked together at a cafe and the owner wanted to sell the business. Candy and her friend thought that they would become partners and together buy the cafe business. They already knew the location, suppliers, customers, and turn over.
But neither Candy nor her friend understood how taxes, super, and employing staff would impact on their decision making and the results they could count on.
So what are some of the things they need to be aware of so they can make the transition from an employee to a business owner and developer?
Questions you could ask yourself:-
Why am I going into Business?
What do I want this business to do for me?
What do I need to learn so I can make this happen?
Am I prepared to do all that it will take?
What do I see that I need to do?