By: Thea Christie Eighty per cent of businesses fail because of cash flow problems. Regardless of how profitable you are, or how many investors you have lined up, it’s vital you know how to manage your cash flow so you have a clear idea of the financial health of your business. Kate Gibson, ANZ General […]
By: Michelle Gibbings Successfully leading a team isn’t easy. The best leaders recognise this fact, and know they make mistakes. They understand there are often better ways to do things and that their ideas are not the only ideas worth pursuing. They are also alert to the warning signs that signal their leadership may be faltering, […]
By Mary Gardam Creating a manual for your business will help to ensure it runs efficiently and at a high standard, even in your absence. A business manual is a document that records the processes, structure and standards of your business. Below are some key benefits to creating a manual for your business. Business continuity Often […]
By: Vanessa Emilio With December just two days away you might be thinking it’s too late to leverage the Christmas season to boost sales before the end of the year. But you’d be wrong! Christmas is just around the corner, but there is still time for small business owners to leverage the season when it comes […]
Quick guide for good record keeping… It’s never too late to start a good record keeping system for your business. It’s an important part of being a small business owner and to ensure you’re meeting your tax obligations. Benefits of record keeping While it can be tedious, there are many benefits to keeping good […]
By: Michelle Dixon Cultivating your observational skills and listening to your gut is key to honing your intuition. Today Michelle Dixon shares her best tips for developing and using intuition to make your business better. Wouldn’t it be handy to switch on your inner psychic so that you might anticipate the best decisions for your business, […]
By: Amanda Westphal The end of a year is a hectic time for soloists. While our friends and family can apply for leave and not think about work for 14 days, for us it’s difficult to escape. If you own a product-based business I know how it is. Every year, by the time Christmas Day arrives […]
Avoid the risk and become first aid ready! Many businesses believe they are first aid ready for an emergency, however this isn’t always the case. St John’s free resource, 5 Steps to First Aid Readiness, can help you to minimise workplace risks and be better prepared to respond to First Aid emergencies. 5 steps […]
By: Guest Author When reviewing the financial performance of a business, the primary measure I look at is Return on Capital Employed (ROCE). ROCE not only measures the profitability of a business but also the efficiency with which its capital is employed. In Laymen’s terms, ROCE works out how much bang for your buck you’re […]
By: Fiona Adler Since most business plans are useless, many businesses don’t do them anymore. Fiona Adler shows how to create a really useful, one-page business plan that will actually help drive your business forward. Not so long ago, business plans were given *a lot* of importance. In fact, they were seen as being the first […]
