With the super changes due to hit on 1 July 2017 the most extensive we’ve seen for some 10 years, it’s more important than ever to be prepared. That’s especially the case for SMEs, which are too often already well behind the super eight ball. The fact that SME owners have no compulsory requirement to… Read more »
Hosting an event for your business can be an exciting and effective way to launch a new product, venue or connect you with like-minded individuals in your industry. There are so many benefits to hosting an event for your business, such as gaining market research direct from your consumers, testing new products before they launch to… Read more »
Many business owners fear tracking the metrics of their social media performance as there are so many different metrics, it can be confusing to know what to focus on. However, the downside of not measuring the results of your strategy is, by neglecting solid data you can be unaware of your strengths and weaknesses and… Read more »
It’s no secret that small business owners are constantly looking for ways to stretch their budget. So, shelling out a monthly premium on health cover may not seem like priority to most of us. However, the reality is that spending on the right kind of health cover, could actually save you both time and money… Read more »
Data released by the Australian Bureau of Statistics (ABS) reveals the best performing industries in the last financial year. Leading the industries for income growth in 2015/16 was ‘Forestry and Logging’ and ‘Commission-based wholesaling’. In terms of profit, 79% of industries made a profit in 2015/16. These statistics illustrate the progression of business across all industries.… Read more »
Many of us are still in a legacy multi-channel service delivery mode, with clunky experience within individual channels, let along across them. The good news is that many have recognised the importance of good customer experience and are looking to change it. With the speed of digital disruption, maybe it’s time to sit back and… Read more »
In the big, fast-moving consumer goods company my wife works for, management devotes a lot of energy to their China strategy. Last year one of their products, a mosquito repellent for children, sold really well in China through Diagous (Chinese shopping agents). This year they produced more of the same product specifically for the Chinese market, and… Read more »
Business Builders time management expert Kate Christie explains why it’s important to outsource certain tasks. This helpful 60-second video tip can help you gain back more time in your day. Here’s why you should consider outsourcing tasks in your small business. Kate’s top 3 tips: 1. Work out a priority list. 2. Identify the things you aren’t… Read more »
Small business is continually referred to as the backbone of the Australian economy by politicians. But as this is not entirely truthful. Although businesses with 20 or less staff employ 45 percent of the private sector workforce, they are responsible for less than five percent of jobs growth. It’s not possible to completely insure your… Read more »
One of the main reasons small businesses fail is because they don’t have good accounting systems to provide cashflow warning signs. Small business owners can choose to set up a bookkeeping system manually with accounting books, electronically with spreadsheets or use accounting software. Accounting software is more efficient than a manual set up or spreadsheets,… Read more »
Innovation. It’s a word we’ve been hearing a lot about, especially in the last year. How Australia needs more innovation, how if businesses don’t innovate they will be left behind. Even the Government has gotten onboard with innovation grants being announced. But how as a small business owner do you generate innovation? Adding time to… Read more »
Everyone needs a network, whether you’re a manager who has just scored a promotion, a leader looking for their next move or a small business owner looking for the next growth opportunity. Finding the right people, with the right knowledge and the right experience is key to your personal success. So what are the secrets… Read more »
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