By: David Harland If you work in the family business sector, chances are you run into the same statistics over and over again: Seventy percent of family businesses fail or sell before the second generation takes over. Ninety percent of family businesses fail or sell before the third generation takes over. The data is not pretty […]
By: Elizabeth Campbell Set yourself up for fast growth before it happens. Seems like a simple idea, right? Most businesses don’t do it, however, and when rapid growth happens, they’re caught on the hop. Earlier this year I started running events – but I don’t think I really understood what was going to happen as a […]
By: James Charlesworth When I look back over the past few years since I launched a SaaS startup, the most valuable lessons have come from making mistakes and pushing myself out of my comfort zone. I’ve learnt many lessons along the way, but I think some were more potent and more business-critical than others. To help […]
By: Max Newnham Loan agreements need to be drawn up when shareholders are paid. There are many reasons why small business owners choose to operate through a company structure. One of the most important is the legal protection a company provides to the personal assets of the owners. When a business is operated as a sole […]
By: Paul Henshall Most business owners start their business with a dream. They envision calling the shots (rather than being told what to do), remuneration in line with their efforts (rather than receiving a capped salary from an ungrateful boss) and working when they want (not when they have to). In short: more freedom, more money, more time. Sounds […]
Does your organisation encourage the development and growth of high potential start-ups? If you’re a new or existing incubator, and think your organisation has the potential to help Australian start-ups be successful in international markets, then the Incubator Support initiative is for you! What is the Incubator Support initiative? The Incubator Support initiative is […]
By: Angela Vidler Hiring skilled staff who are based offshore can transform your small business and position it for growth, but it’s a decision where you must look before they leap. A business with problematic management and poor retention, for example, will not suddenly rid itself of these issues by moving its accounts payable section […]
By: Katrina Mckinnon Failure to implement an emergency action plan in your business could lead to serious injuries and loss of life, plus severe penalties if there is an emergency situation or disaster. Here’s a sobering statistic: work-related injuries and disease cost the Australian economy about US $78 million per year. It’s therefore imperative that […]
By: John Corias Starting up and successfully running a small business can certainly be overwhelming at times and it is of the utmost importance that you get things right from the very beginning. Your employees are one of your greatest assets, vital in the growth and prosperity of your business. To make the most of […]
By: Wayne Gerard The way we work is changing. We are now firmly in the age of the mobile worker, with the number of connected devices expected to grow to 21 billion in the next four years. New devices, from smart meters to smart cars, will bring with them new roles requiring new skills and […]
