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. […]
By: Finn Pierson Running a business takes a lot of hard work. There are many business owners looking for ways to improve their overall business model. Sometimes, it is important to concentrate on the things not to do in business. Many companies are so pressured for profits that they make huge cuts to their business. […]
Small businesses can grow in boom times as well as periods of difficulty by working smarter, keeping up with technology and taking advantage of opportunities. Put these following effective tips into practise to help grow your business. Utilise new technology Modern technology can save you time, improve productivity and reduce your operational costs. Make use of […]
Starting a business is sometimes a reaction to an idea. I have come across many individuals who have a viable idea, then ask around for information on starting a business. Friends and acquaintances want to give their 2 cents worth of knowledge, so they impart with advice such as “apparently you can…” or “I heard…” […]
