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Australia’s small business failure rate is soaring through the roof, but there are many positive stories too. Successful entrepreneur Terry Johnston from Newcastle Carpet One shares his tips with us. This is the first in our series that explores how to run a small business in Australia. 

In the article, Newcastle Carpet One managing director Terry Johnston stresses the importance of paying yourself as the business owner:

“Your business needs to manage its own finances, and you also need to manage your finances in your personal life. The two actually should be managed separately.” – Terry from Carpet One Newcastle

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