Small Business - Big Business...Whats the Diff?

Small Business, Big Business ? What's the Diff?

Well a lot actually!

I become frustrated and angry at the government's paying lip service to assisting small business. It appears as though all governments, bureaucrats and many accounting advisers do not know what a real small business is.

In Australia the government's definition for a small business is one which has less than 100 employees. Who are they kidding? In my consultancy that's a big business.

They believe that 'small business' is the same as 'big business' on a smaller scale, that 'big business' is 'small business' with more of the same.

Wrong! About 99% of small business employs less than 10 employees and what is beneficial to the 100-employee firm may be downright dangerous for the 10-employee firm. Governments must know that. They can't be so stupid not too? can they?

We Aussies are ready to believe anything about our politicians. We have met so many of them and none of them seem any brighter than the fellow next door. (In fact, none of them seem to know as much as I do).

When I decided to go global I was certain that the situation would be different in the USA. I was wrong.

The USA Small Business Authority has set a size standard for most 'small business' enterprises. In the full Table of Small Business Size Standards Matched to SIC Codes published by the Small Business Authority it is annual turnover that limits the size of small business firms.

In my consultancy of restaurants, coffee shops, florists, hairdressers, electrical retailers etc. the turnover limit is $5 million. In Australia there are NO single shop establishments achieving that sort of turnover.

In Australia a hairdressing salon working a 7-day week at an average price of $70 per client would need 30 clients each and every hour on ever day of the year. Impossible in Australia and probably in the USA too.

This does clear up an anomaly I had noticed in the different approach business plans took in Australia as opposed to that taken in America.

When Australian business began to use the Internet almost all the business plan software was from the States. The plans, although meant for small business, were not appropriate for Australian firms because they focused entirely on obtaining venture capital.

There were very few venture capital providers in Australia and of those that were few were interested in providing capital to the majority of our small 'small business'. Business Plans languished in the filing cabinet and were hardly ever seen again.

The Australian consultants began to oversee business plans that focused on their being used as management tools. The planning itself was a vital element in the success of the business?and the plans were used to chart the course of the firm.

Each month the actual results were compared to what had been expected in the business plan. Tactics were formulated to overcome shortcomings or build upon favorable results.

Are you a small business owner who has studied all the books and web information that you can get hold of, and it is still not happening for you?

Perhaps it is because the information was directed to firms much larger than yours - firms with 100 employees or $5 million in sales. You need information more suited to your own business size.

Various organisations publish benchmarks for your industry. Compare your own results with the industry average. This will show where you should be concentrating your efforts for improvement.

You should seek out advisers and information that applies to 'mini' business ? firms that are your size whatever it is. Perhaps you own accountant can help you find it.

But never be so foolish as to believe that what the government says is good for small business will be necessarily good for you.

Kelvyn Peters CPA and Associates knows profitable business strategies that really work.

And he's only an e-mail away.

The Author

Kelvyn Peters is one of Australia's longest serving Tax Agents. He was registered in 1962 and became a CPA in 1964.

Kelvyn served on many charitable boards including St Aubyns Hospital, Alzheimer's Association, Older Peoples Advocacy Service and Golden Years Center. As a young man he won the Outstanding Jaycee Award three times.

Kelvyn is a compassionate, generous man who loves people. That's why he is so skilled at helping people in trouble.

Kelvyn Peters was Mayor of Kingaroy Shire Council from 1979 to 1984 and campaigned as the 'Young Man of Action".

Over 20 years later he still regards himself as a 'Young Man of Action'.

He is a director of Restaurant Catering Qld Inc the peak employer representative in Queensland, and has advised the hospitality industry for many years.

His specialty is moving in to rescue an ailing business.

Kelvyn Peters CPA has spent over 20 years experimenting and researching methods to help small business in ways that are affordable.

He's done that for local clients now he's going global.

http://www.profitstrategies4business.com

family-safe home cleaners Lincolnshire ..
In The News:

Chrome faces its sixth zero-day attack in 2025 as Google patches critical V8 engine flaw CVE-2025-10585 discovered by Threat Analysis Group.
The Hypershell X Ultra exoskeleton features 12 terrain modes and carbon fiber construction to enhance hiking, cycling and outdoor adventures.
Personal data from public records and data brokers helps scammers create tailored scam stories, making their calls and emails more believable to potential victims.
Uber Eats partners with drone delivery startup Flytrex to test autonomous food delivery services in U.S. markets, marking the company's first investment in drone technology.
OpenAI announces 120-day plan to strengthen ChatGPT safeguards for teens, including parental controls and expert council on AI wellbeing.
Spam emails can help improve security — if reported correctly. Learn how to report spam across major email services and get key tips to protect your inbox and personal data.
Harvard researcher Avi Loeb says comet 3I/ATLAS weighs 33 billion tons and spans 3.1 miles, making it far larger than previous interstellar visitors.
The Glassboro Public School District in New Jersey has partnered with ZeroEyes and InformaCast to detect visible firearms and alert staff and law enforcement within seconds.
Hackers use fake Google search results to trick users into downloading lookalike apps laced with malware that have been pushed to the top.
Generative A.I. has lowered barriers for sophisticated cyberattacks as hackers exploit ChatGPT and other tools to forge documents and identities.
IOS 26's new features include bigger lock screen clocks, dirty lens alerts, and improved spam detection for iPhones.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Sophisticated phishing scams now exploit Apple's iCloud Calendar invite system to bypass spam filters and trick users into calling fake support numbers.
Complete guide to medication tracking apps for iPhone and Android users, featuring built-in Health apps, MediSafe, MyTherapy, and smart pill dispensers.
Alef Aeronautics plans to begin production of its electric flying car Model A by late 2025, following FAA approval for limited testing at five airport locations.
Five common overpayment scams use fake checks and third-party payment requests to steal money from unsuspecting victims across various scenarios.
The Robeta Ananya luxury camper van features a full living room, ceiling bed, washer-dryer, and complete kitchen starting at $295,000 for the limited Founders' Edition.
Scammers exploit retirees' trust and assets through fake debt collection calls, but proper verification methods and reporting can stop these fraudulent schemes.
Social media scams are rising as fraudsters create fake accounts and buy verification badges to deceive users, but these simple safety steps can protect you.
The new groundbreaking Paris Solar-Battery Park in Wisconsin provides renewable energy day and night by capturing excess energy from its solar panels.
Travelers face increased risks from fake Wi-Fi networks at airports and on flights as attackers exploit growing reliance on in-flight internet for entertainment and services.
Older Android phones, tablets and car systems will lose access to new Waze features as the app drops support for Android versions below 10.
Research shows iPhone owners' overconfidence in Apple security makes them easier targets for cybercriminals compared to Android users who take more precautions.
Five key tech terms reshaping online shopping from mobile payments and instant delivery to social media commerce and inventory-free retail models.
AI browsers from Microsoft, OpenAI and Perplexity can fall for scams faster than humans, completing fraudulent purchases and clicking malicious links without verification.

Building A Business That Works For You

Before you want to build your business, you need to... Read More

Marketing Your Small Business with Success Stories

-- The One Pager Shortcut Series --An effective and compelling... Read More

Increase Your Profits with a Point of Sale (POS) System

Whether you operate a chain of restaurants, a mom-and-pop convenience... Read More

Small Business Computer Security, the Basics

Anyone in business today realizes both the natural dependency on... Read More

How to Protect Yourself & Your Business

As a business owner, you already know how important it... Read More

Advertising - For Small Businesses (Part 1)

Is it right for you?If you decide to advertise your... Read More

Virtual Assistant ? Questions Answered

What is a Virtual Assistant?A Virtual Assistant is a person... Read More

The Hidden Treasure in Your Business

I started working with another new client last week. He... Read More

Mini-Blind Cleaning Business, Case Study

Sometimes the simple businesses are the ones, which make good... Read More

Book Yourself Solid Key #5: Go Forward With Gusto & Articulate What You Do

Want your small business to flip instead of flop?! Statistically... Read More

Franchises Must Meet Legal Definition to be an Actual Franchise

All franchises must meet the legal definition of a franchise... Read More

Share Ad Expenses to Boost Profits

The challenges of the small business owner are well documented.... Read More

How to Integrate Yourself in Someone Elses Business

When do you need to get more involved with the... Read More

Hard Money Lenders -- No Money Down The Easy Way

Would it help you as a real estate investor to... Read More

Pressure Washing Aircraft Hangers at the Airport

If you are looking for a way to own your... Read More

Grants vs. Contracts

Commonly folks have asked me what the technical difference is... Read More

Small Business Owners - Form a Relationship with Your Bank Manager

It's just like a marriageTo expect a bank manager or... Read More

Small Business and Wichita

Owning a small business in Wichita, KS might not be... Read More

Work is a Four Letter Word

I love work, I can watch it all day.I am... Read More

Lubbock TX Good Market for a Service Business

We very much like what we see in Lubbock, TX... Read More

How to Compete with the Big Guns?!

Many small business startups fail within the first 2 years... Read More

Small Business Essentials: Start Here

Thinking of starting a business on line? If so there... Read More

The Key to Small Business Growth? Buyer Alignment

Unfortunately for all buyers, each selling organization and their individual... Read More

Small Business Checks ? Money Saving Options

When you go into business for yourself, there are many... Read More

Too Many Lawyers in Franchising Today

Attorneys and Lawyers are ruining the franchise industry. It is... Read More

after renovation cleaning Bannockburn ..