App Development Companies

First Business App for Young People Starting a

Small Business

Starting a small business is attractive to people. But, it is really interesting to

ponder what makes them start a business? There are many people who

don’t fit in a full-time job or they may not feel like working for someone else.

Rather giving up, they chose to go the exhilarating route of becoming an

entrepreneur instead.

But, starting a business can be like riding a roller coaster. As there will be

many highs and lows and many twists on every turn. An entrepreneur

needs to be strong when they decide to own a business, as the lows can be

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very low and highs can be really high. Here the business person needs to

keep himself fastened and ride along with the roller coaster.

Now, there are mobile apps coming up to help young people starting a small

business. One of them is “First Business App” which was recently launched in

February 2017 by ASIC’s Money Smart. This app was developed by ASIC in

collaboration with the Australian Taxation Office, to assist young Australian

people who are willing to go into the business for themselves. ASIC also has

a vision that is to allow markets to fund the real economy and economic

growth.

There are many new sole traders and micro-businesses which are started by

young adults, who tend to face lots of challenges when they put up their

business because of their lack of knowledge and experience in particular

fields.

Here is the quote: “Get a mentor in the applicable field if you’re at all unsure

of what you’re looking for.” – Kyle Bragger, co-founder of Forest

In the same way “First App Business” is like a mentor for Australian young

entrepreneurs as it supports them to be successful in their business by

providing access to lots of different tools and resources to build their

financial capability as well as help them to take the financial decision they

need to make. This is the best resource designed to help you decide whether

this small business you have chosen to start is right for you or not.

The key features of “First App Business” include:

● Business Health Check:

This feature helps young people to decide if they are ready to start a

business. This feature helps young people to decide if they are ready to start

a business. It works as a key part of starting your business by asking some

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vital questions about your business and highlighting the areas where you are

lacking and assisting you to make the right decision.

● Starting your Business Checklist:

Here you get a proper guide for important steps including your ABN, GST,

and businessman, setting up record keeping and accounting systems as well

as assisting you with ongoing obligations, including registrations, licenses,

tax and super responsibilities and legal requirements.

● Business Case Studies:

This feature looks at business performance and retention, supply chain

management, growth, advice on what can go wrong and how you can avoid

such problems.

● Networking’s Section:

Here the user gets tips and ideas on how to increase your business network.

As you can see how the mobile industry is booming right now with the help

of various apps as well as changing the strategies to understand your

business completely. Here you can even design such an app with the help of

top mobile app development companies. It would be great; if there were

many other apps to help to set up a small business in each and every

country.

Source Link:-

https://topcompaniesreview.wordpress.com/2017/04/26/first-business-app-

for-young-people-starting-a-small-business/

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