By: Emma Koehn February and March are make-or-break months for all New Year’s resolutions you made in order to stay on top of the little things in 2017. However, keeping good habits across all elements of your business—and empowering staff to see these through—is something too few company owners commit to, as two management experts explained in Harvard […]
By: Lucinda Lions What were the business tips and ideas that most resonated with Flying Solo readers in 2016? Lucinda Lions lays out the top six for you today. 1. Stop making business life more difficult than it needs to be Dave Gillen believes that smart people chronically underperform in business because they choose unnecessarily complex […]
By: Marcus Turner Jones September 2016 was a mixed month for the Australian economy, and one that brought both incredible milestones and sudden, unexpected troughs. To begin with, the end of the month saw Australia complete its 100th consecutive quarter without a recession, continuing a 25-year growth streak that is the second highest in history. […]
By: The New Daily A controversial change to the pension system is just one of the new laws set to affect the hip pocket of Australians from January 1. Parents, overseas travellers and backpackers will also be impacted by new legislation that comes into effect on Sunday, while power prices are expected to rise in most parts of the […]
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: Adam Courtenay The small business sector is well aware that big business has little regard for its cash flow problems. It also knows big corporations deliberately delay payments. The facts are in: SMEs are collectively owed $26 billion, according to a late payments study by PayPal and Intuit Australia in November 2015. Nearly three-quarters of all […]
By: Neil Slonim Cashflow and time management are the biggest pain points for Australian SMEs, according to research conducted by East & Partners for ASX-listed working capital lender Scottish Pacific. The bi-annual SME Growth Index canvassed the views of more than 1200 SMEs with turnovers ranging from $1 million to $20 million. Cashflow concerns arise from […]
By: Grant Field It’s usually easier to look back after a business has failed and identify why, than it is to save a business from failing in the first place. In my view there are a number of reasons for this, not the least of which is the fact that everyone is always wiser with the […]
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: Rowdy Mclean In the modern business world, change happens so quickly that if you haven’t got your eyes on the game, you can be quickly thrown out of it. As a business owner, you need to evolve and shift with the times and trends, or risk getting left behind. So if you want to […]
