Blogs

Paying down debt

Debt can be a crippling problem for small businesses wanting to grow or just break-even during difficult times. By reducing debt you’ll improve the value of your business, its financial situation, and its ability to continue operating into the future. Assess your debt situation Take a detailed look at all of your debts – both […]

Does “mindfulness” have a place in business?

According to Google, which offers employees a course on mindfulness meditation, and Lululemon, a company that keeps a Director of Mindfulness on staff, the answer is a resounding yes. Mindfulness, as American scientist Jon Kabat-Zinn defines it, is simply “paying attention in a sustained and particular way – on purpose, in the present moment and […]

The real cost of bad customer service

Have you ever paused to think about the real impact of the customer experience your business is offering? Is it lifting your brand up or dragging it down, along with the morale of your team? The consumers of today expect nothing short of excellence, so understanding the consequences of poor customer service is vital. So, […]

Business Update – 27 November 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. What the RBA is really looking at when it sets interest rates Eight times a year, the Reserve Bank meets to decide whether to raise, hold or cut interest rates. The decision impacts the 3.2 million Australians […]

Master the Art and Science of Delegation

Delegation is a skill often discussed but rarely mastered, especially by small business owners who are wearing multiple hats. The balancing act of managing daily operations while pushing for growth can be overwhelming. Imagine if you could free up hours in your day to focus on strategic decisions rather than getting bogged down in every […]

Business Update – 20 November 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Is this employment data a sign we are nearing the end of the great resignation? New data on the Australian workforce could suggest the great resignation may be winding down, at least here in […]

Setting and tracking financial goals for small business success

Setting financial goals for your business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections, they form the backbone of your road map for success, internal and external. Financial goals are something that every single business should possess regardless of […]

Business Update – 13 November 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia ‘not immune from trade tensions’, Chalmers says Australia’s economy will not be immune from escalating trade tensions, Jim Chalmers has warned, as the Albanese government prepares itself for an incoming Donald Trump administration. In […]

Unlock Sales Success

A solid sales strategy will help you consistently grow your business. It will give you a framework for generating more leads, closing more deals, and ultimately increasing your revenue. From nurturing existing accounts to thought leadership and effective pricing discussions, here are some actionable steps for a winning sales strategy. Nurture existing accounts: Schedule regular […]

Business Update – 06 November 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia inflation slows but sticky core to push RBA cut to 2025 Australian consumer price inflation slowed to a 3.5 year low in the third quarter, though the core measure was still sticky and […]

Why you should have a contingency plan

From terrorism to fire, from extreme weather or earthquakes to cyber-attacks – how would your business cope if it was affected? Would your staff know what to do? Would you be able to keep trading? Having a contingency plan is not just a precaution; it’s a necessity. Small businesses need to be prepared for a […]

Business Update – 30 October 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. How Australia’s housing market compares to the rest of the world Australia lags behind much of the world when it comes to home ownership, and households are taking on far more debt to buy a house […]

How to Maximize your Assets before Retirement with Tactical Investing

Risk tolerance, time horizon, and asset allocation – you’ve dealt with these factors for a good part of your life, but now, in the face of retirement, they take on a more urgent and significant role. These factors – particularly tactical asset allocation – are vital to maximizing your assets before your retire in a […]

Business Update – 23 October 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. ‘Every chance’: Massive rates prediction A number of telltale signs have emerged indicating the Reserve Bank is planning a major, surprising pivot within a few short weeks. Global payment processors issue warning to RBA […]

Protect your business: Outsmart fraud before it hits!

In the wake of the pandemic, many small business owners have become increasingly concerned about fraud. According to SAP Concur, a staggering 85% of businesses surveyed expect the risk of fraud to continue even after the pandemic. Making matters worse, many fraudulent acts originate from within businesses themselves. Below you will find some essential internal […]

Business Update – 16 October 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Hiring new employees for the festive season? As the festive season approaches, you may be thinking of hiring new employees to help with your business. Here are some key things to remember when it […]

5 proven techniques to slay procrastination

Procrastination can be a formidable foe for small business owners. With endless responsibilities, it’s easy to fall into the trap of putting off important tasks for later. But fear not! Here are some practical solutions that can help you slay procrastination once and for all. 1. Eat the frog first Ever heard of the saying […]

Business Update – 9 October 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Banks ordered to refund millions of Aussies Nearly two million Aussies could soon receive hundreds of dollars after multiple major banks were ordered to issue more than $28m in refunds. A report by ASIC […]

The benefits of outsourcing for small businesses

For small businesses in today’s competitive market, outsourcing can offer a range of advantages. Not only does it reduce costs and free up valuable time for owners to focus on growing their business, but it also provides access to skills and expertise that may be unavailable in-house. By working with external professionals or firms who […]

Business Update – 02 October 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Survey reveals Australian CEOs confident of economic improvement KPMG CEO Andrew Yates has revealed some of the big economic pressures that chief executives are currently feeling at the moment. Mr Yates joined Sky News […]