JJournal

You’ve been work­ing at your organ­i­sa­tion for years, climb­ing the ranks and con­sis­tent­ly hit­ting your tar­gets. Your hard work hasn’t gone unno­ticed, and dur­ing your next per­for­mance review, your senior man­ag­er offers you shares in the busi­ness — either at a dis­count or for free — as a reward for your efforts. At first glance, this seems like an attrac­tive, finan­cial­ly savvy oppor­tu­ni­ty. But is it real­ly as ben­e­fi­cial as it appears?

It’s anoth­er Aus­tralian elec­tion year, and the date has final­ly been announced. We’ve also been graced with an elec­tion Bud­get in the past cou­ple of weeks. Get ready to be inun­dat­ed with texts and phone calls from politi­cians, all eager to win your vote with grand promis­es and ambi­tious wish lists.

Start­ing a busi­ness is an excit­ing ven­ture, but there are key fac­tors to con­sid­er to ensure long-term suc­cess. Whether you’re launch­ing a solo enter­prise or plan­ning to build a larg­er oper­a­tion, tak­ing the right steps ear­ly can set you up for sus­tain­able growth.