By: Pembertown There are over two million small businesses in Australia, and Government research shows that 87% of them are family businesses. While they have a lot in common with other businesses, family owned and operated businesses also face their own challenges and rewards. We look at what makes a successful family business and offer […]
BY: NAOMI SIMPSON Systems and process set you free. This is hard to imagine for most startup businesses as they cope with the chaos of a little bit of success, rushing from urgent to urgent, forgetting that if they worked on a process then perhaps the issue could be solved. Shark Tank Australia Season 2’s very […]
BY: DYNAMIC BUSINESS Many successful business owners look back on their first year of trading and often wonder how they got through those early days and created an established business out of the chaos and confusion that can sometimes engulf you during this embryonic time. From juggling your cashflow to maybe even dealing with TAC claims, […]
By: NIKKI FOGDEN More stress, less time, more responsibility, less support? How do we get back to living a life we love without giving one thing up for another? As a business owner, leader or anyone in corporate knows – the best results come with a clear strategy and the courage to make a plan that’s […]
BY DINESH DE SILVA 1. BEFORE WE SAY NO TO NEW IDEAS – ‘CONSIDER’ You never know where the best ideas are going to come from, so you need to be open. When Kodak said ‘no’ to the digital camera invented in their very own labs by Steven Sasson in 1975, they said no to […]
By: Neil Slonim Businesses owners continue to enjoy the benefits of record low interest rates and with some experts predicting the Reserve Bank’s official cash rate could fall to as low as 1.5% it’s understandable business owners might adopt a “do nothing” stance. However, now is in fact exactly the right time to do something […]
By: Tim Hoopmann There’s nothing more rewarding than running your own business. However, many small business owners will tell you they find it difficult to take time off. Unless you have 100% confidence in your staff to manage things without you, it can be tempting to always be around, sacrificing your personal time to keep […]
By: Paul Holper The transition from the corporate world to being a business owner is always an interesting one to make. Here are the things I’d do right from the word ‘go’ if I had my time again. 1. Establish a dedicated work space In the early days of my new business I would spend precious […]
By: Brad Paterson Startups and small businesses play a vital role in Australia’s economy. According to the Australian Bureau of Statistics, SMBs make up 96 per cent of all Australian businesses. As a former small business owner and now an executive who works closely with startups and small businesses, it’s been encouraging to see the […]
By: Sarah Smith Growing a business is a special talent, part science, part art and doing it well can be one of the most rewarding life experiences. It can also spell financial disaster from which it is very difficult to recover, when things don’t go well. In this article we discuss 5 common mistakes made by businesses. […]
