Increase in customer care, social capital and financial management are key factors for successful microbusiness activities for stable self-employment.

This can be achieved by obtaining a part time job or by starting an after-hours microbusiness that involves creating and providing a good or service.

Many microbusinesses are run by people who are self-employed.

Half of those are sole-traders and 90% are microbusinesses.

Yet the effort pales in significance when you consider what women living in India's slums must go through to secure support for their microbusinesses.

Xero Australia national partner director Rob Stone said ATO figures suggested about 90,000 microbusinesses used no software at all when paying their staff.