Davejochow

[Davejochow]

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Rex, post: 269135, member: 11452 wrote:

Okay, don’t know about all the other soloists out there but I am baffled about what exactly is being ‘offered’ in the various stimulus packages.
A glaring omission seems to be sole-traders & people such as myself, a micro-business that’s a partnership with my wife.
We turn-over enough to collect GST, I draw a modest wage & my wife a small amount (80:20).
We don’t pay regular wages as such, just pay ourselves what’s left after tax and expenses etc. and then pay personal tax at the end of the year.
I’m pretty sure our situation would be pretty common at the smaller end of the food-chain.
So far all I have seen on offer that’s applicable is the totally pointless instant asset write-off.
Can anyone point me to a straightforward, plain English summary of what is in the various packages?

I am in a small business like you. The main reason for the government to introduce this package is to help businesses retain staff , assist business into getting a loan etc. I don’t think there is any other benefits for you but I would suggest talking to an accountant

[Davejochow]

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Thanks Jason but I feel as though I must not have been explaining it properly. I did contact her, and explain that it was me very politely, She knew it was me that did the job, she told me and I showed her a picture. I gave her the receipt its only after the fact that it wasn’t refunded, I got upset. Its been a while and I came here to wonder how to get the money. I wish i didnt mention it because I dont think its relevant, because it was after the receipt was submitted, and the money wasn’t given back I got upset. She new it was fraudulent activity she knew it was my lighting. Paypal dispute is there if they are fraudulent activity. But she knew I did the job and I gave the the receipt.

[Davejochow]

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I dont think apologising is going to make a difference, she is dodgy, and trying to get my service for free. I gave her the receipt before I got angry with her and waited but she still didnt unfreeze the payments then I got angry, and that why i got upset. I might have to go to a mediator or small claims court. Im not sure what you are saying about a credit manager.

[Davejochow]

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bb1, post: 244401, member: 53375 wrote:

Yes paypal do send a receipt for payments made, but that is only a receipt saying funds have being paid, it doesn’t necessarily say what they were for, or it doesn’t specifically mention GST (if applicable).

So it is fair enough for the client to ask for a receipt from the business who they have paid, wouldn’t you want a receipt to confirm payment and for what.

Before taking the matter to a credit manager, I would suggest you contact the client and apologise for the manner in which you handled it, as its basically none of your business if they are doing a tax dodge, they are entitled to a receipt, how they use it is between them, there conscience and the tax office. Just because they want a receipt it doesn’t mean they are doing a tax dodge (well not on the details provided here).

Sorry if you accused me of doing dodgy things because I asked for a receipt I wouldn’t be happy either.

Thanks for replying, but I think you have may have missed the point. the problem is not that they asked for a receipt the problem is that they froze the payment although I have done the job. I gave her a receipt and waited a few days before i said anything, but she still didnt unfreeze my payment. My father is an accountant and says this is very unethical. All she needed to do was ask for a receipt. Its like me eating a meal and not paying for it because they forgot to give me a receipt, even before asking for a receipt, then they get upset because you are not paying. I provided with a receipt and she still hasn’t unfroze my payment.
. Its like a paid you for your services and then froze the payment so you dont get paid. The problem is not a receipt, its the excuse to freeze payment and try and get something for free. I need help to without having to go to court, thats why I’m seeking advise.

[Davejochow]

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Most Angels, for what I gather would want to see a business being profitable before investing in it. If there is no annual turnover you are going have difficulty. As you work, you can always get a loan from the bank, or even credit cards with low interest rates.

[Davejochow]

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With the business that I start I want to compete directly (but fairly) with the business I currently work at however I want to do it as ethically as possible.

I dont think you can leave a business, steal their customers and do it ‘ethically’ although it may not be ‘illegal’, is not very ethical, speaking from someone who has been on the receiving end . Im talking from experience, when I had a employee start to ask inappropriate questions about my business operations, which was obvious where he was going. He was being very naive as he had no idea how much it cost running a business. Many businesses included myself have a non competitive clause that means you can not start your own business, be careful you did not sign one of these if you wish to go into competition with your ex boss.

[Davejochow]

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jtco, post: 224447, member: 72388 wrote:

Don’t waste your time. The job posters are all super cheapskates and still expect the world whereas your competitors will be offering everything under the sun for close to nothing.
I have used it before and well maybe Justin to rephrase that, they are probably starting their business in the begining and they don’t have the capital to spend thousands of dollars on websites, and if you can get a cheaper service, people will go for a cheaper option, sometimes not the best, but still its there.

[Davejochow]

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its a different award, are they full time? Then the minimum is $17.29 an hour for full permanent cleaning staff.

[Davejochow]

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Hi, coming from a whole selling family background, it is not really that difficult to contact the stores and ask for a buyer for a particular department, and ask the buyer if you can send samples to see if they like your product, it really is that easy, but you have to be good at selling. You need to be able to have large quantities of the product available if they order at a whim meaning alot of money invested in stock. When my family was supplying to David Jones, it meant they had $200000 tied up in stock. Lastly with Kmart I know they have factories in Bangladesh which can mass produce a product like a tshirt for less than 50c to make (including labour, material and shipping) and sell them for $10 so the have a markup of nearly 2000%. I imagine that you need to offer them a pretty competitive price, depending on what good you are selling them and if they can get a good somewhere else cheaper. The danger is that they will keep your product if they like and try and source somewhere cheaper, this is something that happened to my mother. At the end of the day, if something happens and the shops stop ordering your product that means you are left with having to move the stock, which also happened to my parents

[Davejochow]

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Thanks you guys. My target market is more specifically middle income. Anyone over 25, women holding Christmas parties, weddings, engagments, or any party held outside that needs light.

[Davejochow]

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freethinker, post: 195595 wrote:

Thanks for all your input : )

One other question as well.

As the name suggests, I’m a free thinker. However, when it comes to putting my plans into action, I’m either met with doubt by family members, or I struggle keeping on the one idea.

How do you guys cope with negativity from family and friends as well as staying put with one idea instead of jumping around to different adventures?

Hi Freethinker,

People will always be negative when you start a business, so what I did is say to my husband, just give me $5,000 to see what I can do with this. I built a website myself, use people places and decorated to take pictures of what products I can provide. Very tight budget. I know people in the hiring business who may put products they don’t own on a website, and when people show an interest, then they buy the product in time for people to rent. That way minimal outlay. My husband was negative, but $5000 wasn’t that much so I was willing to risk failure. Anyway people were interested, and I slowly started to spend more on my business, and it is going well, but remember you only live once, and if you feel strongly about a business, you may regret never having a go. I had wanted to start this business for 8 years before I finally felt I could do it.

[Davejochow]

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LDH, post: 184271 wrote:

Hi

Hope you can help. I have been manufacturing a small range of ladies dresses, I have been selling them retail to my customer base. I am wanting to wholesale them – but not sure where to start. I want to attract the small home business – small minimum’s etc.

The quality is excellent – what mark up do retailers want? I was planning on 40% – is that reasonable?

Any advice would be great!

I have grown up in a wholesaler family where my mum sold wholesale dresses and gifts to stores. Firstly people who succeed in this business tend to ring up and cold sell to the stores, there are heaps of people who have good products, but selling is another story. Secondly the stores mostly want 100% mark up. Unless you have developed a reputation for your brand, if will be difficult to compete with the clothes made in foreign countries cheaply. My cousin is a successful fashion designer and she got into vogue, thats how she got her name out there. She had alot of connections with designers like tsubi, etc. I think this should be the way to go, sell at local stalls and develop a name for your clothes. hope this helps

[Davejochow]

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There are lots of products I have wanted to buy in Australia but cant find anywhere. I wish there was a website/or an app where it would essentially be a wanted classified, where customers would post what product they are looking for and suppliers could scroll through posts to see if the customer needed anything of theirs. For example if I am looking for a purple suit, I would post this on the forum. Someone could either suggest a retailer, or a men ‘s store owner could scroll through posts under the category clothes>men’s clothes> suits to see if out of any/ multiple posts there he could recommend any items in his store. Starting a dialogue between those who need things and those who can fulfil their wishes. Anyone is welcome to take this idea.

[Davejochow]

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Whats the annual profit? The turnover could be $17mil but the profit could be $1. Why dont you start a similar business first, get some experience and see if its right for you, you dont wont to be bankrupt at age 21. If you have no experience running a business, buying a $9 million dollar business is not a good idea.

[Davejochow]

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JGF, post: 177832 wrote:

haha, you’re right on there and partying and s(e)x and anything with a lower case ‘i’ in front of it.

Maybe try
iBeer
iS(e)x
iPartying
or
iDon’tReallyWantToStudyJustParty

and you’ll have a winner.

I think your thinking about American “colleges” and st andrews. Its a different feel at Australian unis. Sure many like to drink, but with many foreign students who have paid high money to pass their is not as much partying as you think. Well not at the ones i went to.

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