Influences in Establishing Small to Medium Enterprise

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Advisory service

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Professional advice and guidance offered to individuals or organizations, often in a specialized field.

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Business activity statement (BAS)

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A form lodged with the Australian Taxation Office (ATO) by businesses to report and pay their tax obligations, including GST, PAYG withholding, PAYG instalments, and FBT instalments.

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Business network:

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A system of interconnected individuals or organizations that exchange information, contacts, and support for mutual benefit.

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Business plan

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A formal document outlining a company's goals, strategies, operations, and financial projections.

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Key business functions

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The essential activities or departments within an organization necessary for its operation and success (e.g., marketing, finance, production, human resources).

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Debenture

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A long-term loan certificate issued by a company, usually unsecured, acknowledging a debt.

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Debt finance

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Funding obtained by borrowing money, which must be repaid with interest.

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Demographics

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Statistical data relating to the population and particular groups within it (e.g., age, gender, income, education).

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Dividend

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A portion of a company's profits distributed to its shareholders.

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Equity finance

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Funding obtained by selling ownership shares in a company.