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Referee David Coote will not appeal against termination of contractI was shocked, but sadly not surprised, to read recently that one in five small businesses have zero cash reserves. or signup to continue reading About 18 per cent have less than a month's worth of cash to fulfil their obligations and 21 per cent have reserves to cover only one to two months. This research commissioned by Prospa, showing the modest to zero reserves held by 60 per cent of small businesses, is frightening and a message we can't ignore. And about one in three have dipped into personal funds to and the business cupboard is bare. Cash flow is the oxygen of enterprise. Requests for help to my agency from distressed small and family business owners seeking assistance with insolvency or the risk that a business they are dealing with is in trouble, have increased by over 50 per cent this year. Business creation and new entrepreneurship are essential to driving economic growth, generating jobs, and boosting innovation. We particularly need more younger people to take up the opportunity of owning and running a small business; yet the risk reward balance is off-putting. The drain on resources during the establishment phase can be too much. The early years for a new business can be the valley of death for cash flow. Having every available dollar to re-invest in the business will help more to survive and build the foundations for success. In Singapore, a tax discount scheme is available in the early years of a new enterprise in recognition of the need to counter this cash flow valley of death. There is merit in Australia exploring the feasibility of introducing a similar early-stage incentive in the form of a tax discount or offset scheme to support businesses retaining more of the early-stage earnings for reinvestment in the business when it is needed most. This incentive would encourage business formation and reward risk-taking to energise enterprise. Singapore's start-up tax exemption scheme is specifically designed to recognise that new "home-grown" enterprises are an important component of a vibrant economy. It provides eligible new companies the exemption for the first three years, reducing their taxable income by 75 per cent for the first $100,000 of income and by 50 per cent for the next $100,000 of income. Under that model a business with a taxable income of $200,000 would pay no tax on $125,000 for each year of assessment (with the remaining $75,000 taxed at the prevailing company tax rate). Any Australian scheme should have the characteristics and settings that would be most appropriate for our business environment and complement existing incentives. For example, alternative models could see the rate of the tax discount or offset taper over the first three years and be adapted for equivalent benefit for differing entity structures. It should also have safeguards drawing on existing initiatives to tackle illegal business "phoenixing", including DirectorID, to prevent businesses from rebirthing or restructuring in order to misuse the incentive. What is important is to send a clear message supported by practical help, that small business is crucial for our economy and our communities. Small business is rightly celebrated for generating 33 per cent of our nation's gross domestic product and providing jobs for 5.36 million people - 42 per cent of the private workforce. But in 2006, small business contributed 40 per cent of GDP and employed 53 per cent of those with a private sector job. I fear we are sleepwalking into a "big corporate economy with this worrying trajectory. We need to energise enterprise and providing a boost to inspire new small businesses will help lift our country's rate of economic growth. In the US and UK election campaigns, candidates offered support for new small businesses to get started and recognition for the self-employed. Getting the incentives right is important because we need to find the next generation of small business owners. The average age of a small business owner right now is 50 and climbing. In the 1970s, 17 per cent of business owners were under the age of 30, but that's down to 8 per cent. CPA Australia's Asia-Pacific Small Business Survey found of the 11 regions and thousands of businesses surveyed, Australia had the highest percentage of small business owners aged 50 and over. And Australia ranked third lowest for business owners under 40. The survey also found business owners aged 30 to 50 were the most likely to innovate, to use technology, to grow new value, to drive economic opportunity, which further reinforces the need to provide incentives. The ASBFEO Pulse, a world-leading health check of objective vital signs for small business, showed a sustained decline in small business conditions over the last 2 years that is now levelling out, and fewer people considering starting a business over the same period. Is the next generation increasingly not seeing self-employment or their own enterprise as a pathway for the future? At a time when young people, particularly, look for purpose as well as profit in their lives, to choose their own path and shape their own story, isn't self-employment or running your own businesses a seemingly natural fit? No one starts a small business because they are excited about the paperwork involved; yet the cumulative compliance burden and fear and consequences of doing something wrong is having a chilling effect on entrepreneurship. We need to create a more supportive ecosystem to , build a business, adopt the risk and responsibility of creating a new enterprise and employ that extra person. We need to give enterprising people the best chance to be successful and a cash flow boost in the early years can help them to thrive and benefit our community and our economy. Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . Advertisementfortuner q 2025

NAPLES, Fla. (AP) — Angel Yin was making putts from across the green and threatening to build a big lead until Jeeno Thitikul finished eagle-birdie for a 9-under 63 to share the lead Saturday going into the final round of the CME Group Tour Championship with $4 million on the line. Yin had a 69 after another day of big putts and one chip-in from some 60 feet for eagle on the par-5 sixth hole that put her comfortably ahead at Tiburon Golf Club. She holed a 30-footer on the eighth hole, another birdie from about 25 feet on the ninth hole and another one from the 30-foot range on the 12th. Thitikul seemed to be an afterthought until she lit it up on the back nine for a 30. The Thai started the back nine with three straight bogeys, but she made up quick ground at the end with her eagle on the reachable par-5 17th and a birdie on the closing hole. The birdie briefly gave her the lead until Yin made birdie on the 17th to join her. They were tied at 15-under 201, three shots head of Ruoning Yin, who birdied her last two for a 66. Charley Hull had seven birdies in her round of 66 and was at 11-under 205, along with Narin An of South Korea. Nelly Korda, who got back into the mix on Friday after a sluggish start, lost ground with a 69 on a pleasant day that left her six shots back going into the final round. Korda has won four of her seven LPGA titles this year coming from behind. This could be a tall order. At stake is the richest payoff in women's golf, $4 million to the winner, nearly as much as Korda has made all year in her seven-victory season. Thitikul already picked up a $1 million bonus this week through the Aon Risk-Reward Challenge, a competition based on how players score on a designated hole each week. Now she could leave Florida with a total of $5 million. “Actually, $1 million is really good enough for me,” Thitikul said. “If I can get more, it’s definitely going to be a nice, because as my team know I spend a lot of money. That’s why I have to keep playing good golf, like spending on shopping day.” Angel Yin heard plenty of cheers for her long birdie putts, and the chip-in for eagle. She also was helped by a couple of pars after bad drives. She went well to the left at No. 10, did well to blast out on a blind shot just short of the green and then got up-and-down with a pitch to 4 feet. And then on the 13th, another tee shot went well to the left. She tried to get it back in play from just in front of some bushes, and from 50 yards hit wedge to about 15 feet. She holed that putt, too, that kept her in front. “I'm scoring still,” Yin said. “Making some mistakes, but saving a bunch, so a lot of positives.” AP golf: https://apnews.com/hub/golf

Michail Antonio spoke to his West Ham team-mates via a video call from his hospital bed before they beat Wolves 2-1 on Monday night. Jarrod Bowen held Antonio’s number nine shirt aloft after scoring the winner in support of the Hammers striker, who is recovering after a horror car crash on Saturday. Boss Julen Lopetegui said: “He is not in his best moment but he kept his humour. It was a special moment for us. “I think we have a lot of reason to win matches but this was one reason more. He’s alive so we are happy.” MA9 ❤️ — West Ham United (@WestHam) West Ham players wore ‘Antonio 9′ shirts while warming up and walking out before kick-off. The shirts will be signed by the players, including Antonio, and auctioned off with the proceeds going to the NHS and Air Ambulances UK. Tomas Soucek headed West Ham into the lead and held up nine fingers to a TV camera. The Czech midfielder told Sky Sports: “He’s been here since I came here. He is really my favourite. I said it would be tough for me to play without him. "He was here since I came and he's really my favourite" Tomáš Souček on dedicating his goal to Michail Antonio ❤️ — Sky Sports Premier League (@SkySportsPL) “I was so scared what was going to happen. It was a really tough week for him, his family and us.” Matt Doherty equalised for Wolves, and boss Gary O’Neil felt they should have had two penalties for fouls on Goncalo Guedes and Jean-Ricner Bellegarde, both of which were checked by VAR. But Bowen’s winner – O’Neil believed there was a foul in the build-up – condemned Wolves to a 10th defeat of the season and a third in a row. While under-pressure Lopetegui may have earned a stay of execution, O’Neil’s future as Wolves manager is now in serious doubt. “A lot of things went against us but ultimately we have not found a way to turn the game in our favour,” he said. “But the players showed they are still fighting for me, for the fans and the group. “Where does this leave me? In the same place I was. I’m aware of the noise. But if anyone expected this to be easy – I’m happy to be judged on results but it should be done in context. “Whenever this journey ends with Wolves I’ll be proud of it.” There was an acrimonious end to the match as captains Bowen and Mario Lemina scuffled after the final whistle, with the Wolves midfielder angrily shoving people including one of his own coaches, Shaun Derry. “I just went to shake his hand after the game,” Bowen said. “He didn’t want to shake my hand, two captains together just to say ‘well done’ after the game. “I know it’s difficult when you lose. I’ve been on the end of that situation.” O’Neil added: “Mario is calm now. He’s a passionate guy and something was said that upset him. “The instinct of the staff was to make sure he didn’t get into trouble, but he took some calming down.”

Do you love this LGBTQ icon and creator of Heartstopper? Click here to find out why Alice Oseman is one of the most talented authors out there! Alice Oseman is an amazing young author, illustrator and story-teller that is making a huge name for herself! You’ve probably already heard of her books and the Netflix show Heartstopper , but there’s a lot more to this amazing writer than you might expect! Her books are loved by her fans for their honest depiction of LGBTQ life, and the ups and downs of teenage years. But read on, and we’ll explain exactly what it is about Alice Oseman that makes her so great! For more great book stuff, check out these Dav Pilkey facts , these Michael Rosen facts , and even these Jacqueline Wilson facts ! Book facts for everyone! Wahoo! 1. She started writing really early! Alice Oseman published her first novel, Solitaire , at just 19 years old. She wrote it while she was still a student at Durham University! Alice’s age makes her stories more believable for a younger audience, and has meant she really understands what her fans are going through! 2. Solitaire was her big break Solit aire was the debut novel that introduced the world to the Heartstopper characters Charlie and Tori Spring. It’s mostly Tori’s story, but Alice loved Charlie’s character and wanted to explore him more in Heartstopper . Fans immediately loved Charlie as well, leading Alice to write Heartstopper , a comic about his relationship with Nick Nelson. 3. She does all the drawing herself, too! Alice’s work as the illustrator of Heartstopper is impressive because she taught herself how to draw specifically for the comic! She was originally a writer not a cartoonist, but she decided to learn illustration to bring her story to life in a way that was true to herself. And clearly she did a great job! 4. Heartstopper Began as a Webcomic Alice first launched Heartstopper as a webcomic on Tumblr and Tapas in 2016, publishing it page-by-page. The response was so positive that she eventually took the comic to Kickstarter to fund a print edition. With the support of dedicated fans, Heartstopper became a published series, bringing the sweet, slow-burn romance between Nick and Charlie to a much bigger audience. And it didn’t stop there! 5. Alice Oseman Can Do It All! As well as writing the stories and illustrating them – Alice is also a musician! She has even created playlists for her characters and scenes, giving readers a soundtrack to their stories. For example, her Heartstopper playlist features artists like Charli XCX and Pink Pantheress! 6. She’s an LGBT icon Alice, who identifies as aromantic asexual, makes sure to features lots of different sexualities and identities in her work. For example, her novel Loveless explores the struggles of Georgia, a young woman coming to terms with her asexuality (that is, not finding anyone sexually attractive). Alice’s talent for writing about these complicated and sensitive things is one of the reasons her books are so popular! 7. Heartstopper on Netflix As Alice’s work became more popular Heartstopper was adapted into a Netflix series, with Alice herself doing a lot of the writing and creative direction. Her involvement made sure that the show stayed true to the comic’s spirit. The series has got a lot of praise for its realistic take on young queer love, mental health themes, and for casting actors who perfectly match Alice’s characters. 8. Small Town Author Alice grew up in Kent, England, and her small-town upbringing is often reflected in her books. The setting of quiet, suburban English towns makes her stories relatable and true to the real world she grew up in. The British cultural references might not be glamourous, but they show that these tales of love are above all, very normal! 9. She’s super relatable Because Alice started writing so young, her work is really relatable! She got her first book published in her teens, so absolutely understands what it’s like to be a teenager in the 2020s. The way she talks about stress, exams and friendship trouble is all based on her own experiences, which makes it all the more believable! 10. She loves to travel The tough parts of teenage life aren’t her only inspiration, and her love of travelling is also a big influence on her books! In I Was Born for This , the story follows a young adult who suddenly becomes a big rock star! The story is a bittersweet tale of fame and dealing with fans and touring at a young age. As a famous writer this is something she understands well – even if she isn’t stage-diving at 3am! 11. Mental Health Alice’s novels often deal with mental health themes in a sensitive and insightful way. In Solitaire , Tori’s struggle with depression is shown honestly, while Heartstopper tackles Charlie’s experiences with anxiety and self-acceptance. By talking about mental health openly and without shame, Alice’s work reaches out to readers who might have struggled with these things too! 12. She loves dogs! Alice is known for her love of dogs and has posted about it on social media. This love of pets comes through in Heartstopper , where Nick Nelson’s cute dog Nellie is a big part of the story. Alice’s books are full of little details like this that make the characters more relatable, and anyway – why wouldn’t you put dogs in your story? 13. She knows her stuff Alice studied English Literature at university, and her academic background had a big effect on her. Her novels include philosophical themes and deep, profound questions that shows she’s thought not just about the storyline, but what growing up might mean in the widest possible way. This is a long way of saying that yes – she’s pretty brainy! 14. She’s written a LOT! At a young age, Alice has already written a lot of novels, including Radio Silence , I Was Born for This , and Loveless . Each book touches on friendship, identity, mental health, and self-discovery. Most writers spend years and years trying to discover their style, and often struggle to make their books a success. But Alice’s work grabbed the book world’s attention almost immediately! 15. The best is yet to come Alice’s writing career has got off to an amazing start – but she’s not going to slow down! After the success of her Netflix we’re excited to see what comes next! More books? TV shows? What about movies? Whatever the future has in store for Alice we’re all here for it!

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