BY: COLIN PORTER If you’ve effectively taught a client that they have 60 to 90 days in which to pay you, it is then very difficult to get them to start paying on time. To avoid this, make sure you and your client both agree to the credit terms when you set a new account up. […]
BY: LAUREN FRIED What’s the difference between confident entrepreneurs leading blossoming businesses and owners who can’t get out of survival mode? Having a clear marketing strategy. It’s all too easy to get caught up in the day-to-day execution of your marketing tactics such as building a website, advertising, posting on social media, just to name a […]
BY: GUEST AUTHOR For small business owners, the intrigue of taking their products and services off shore can be too exciting to ignore. But among all the hype that international business can bring, there are still numerous risks to assess and manage if you decide international trade is right for you. Perhaps the most important area […]
BY: COLIN PORTER When you start a business, it isn’t just about what you do well that ensures your path to success, but your customers. Don’t fall into the trap of accepting any client because you’re desperate for business: if you are careful and patient at the beginning, it will pay dividends for your business and […]
BY: GUEST AUTHOR Business planning tends to be done in cycles. A cycle may be a week, a month, a quarter or a year. At the end of every cycle, you have the opportunity to compare your business plan to your actual results. The insights you gain from this are used to plan for the next […]
BY: GUEST AUTHOR The end of the financial year can be a stressful time for small businesses, especially if your finances aren’t completely in order. Unfortunately, that’s an all-too-common situation. A recent Xero survey found that three-quarters of Australian small businesses still store their receipts in shoeboxes. With the average Australian business churning through 100 receipts […]
BY: DYNAMIC BUSINESS Most first businesses struggle to make it past their first year in operation. If you are planning on going into business for yourself and you want to survive, especially in a crowded sector such as IT, you’ll need to strike a balance between product focus and service versatility. Here are some reasons making […]
BY: JAMES HARKNESS With just three weeks until small businesses must become SuperStream compliant, the Australian Tax Office (ATO) has urged those yet to implement the new standard to act now. From 1 July, it will be mandatory for employers with 19 or fewer staff to send all super payments and employee information electronically in a standard format using SuperStream. According […]
BY: GUEST AUTHOR Whether you’ve had a bumper year or a bummer year there are still things you can do to improve and prepare yourself for the best year ever! End of Financial Year is a great opportunity to take a moment to reflect on how the year has gone and to make some New Year’s Resolutions to […]
BY: GUEST AUTHOR Earlier this year the World Economic Forum published its Future Jobs Report and the research listed ‘complex problem solving’, ‘critical thinking’ and ‘creativity’ as the most valuable skills for 2020. Nurturing these skills will enable your business to adapt and thrive in an era of unprecedented fast paced disruption. Here are several behaviours you […]
