A new government initiative is encouraging women to contribute their skills and knowledge to Australian Government boards, by registering with the new AppointWomen online database. The database is part of the National Strategy for the Increased Participation of Women on Boards. "It will support the efforts of Australian Government departments to identify talented women, with […]
"The ALP tax policy correctly identifies the need to lower tax rates across the board as a means of increasing workforce participation" says Keven MacDonald. MacDonald, CEO NSW Business Chamber, came out today and congratulated Rudd and the ALP on recently released tax policies that harmonise personal and company tax levels. "The election debate is […]
The effects of greening your business can range from saving on the energy bill to building your profile through picking up an industry award. Giovanni Ebono shows how. A simple first step is to find out the criteria used by various environmental ratings systems (NABERS and Green Star) and environmental awards (The Green Building Award, […]
In many companies, accommodation expenses form the second highest category after staff costs, excluding manufacturing or inventory costs. It is therefore not surprising that many SMEs seek to make savings in this area. But when making corporate real estate decisions, it is critical to consider the flipside of potential cost reduction measures. Potential options to […]
Enterprise resource planning (ERP) describes software that integrates departments and functions across your business onto a single computer system. The intended outcome is a system that improves operational visibility, streamlines decision-making, reduces costs, and generally allows you to manage your business to better profitability. While there has been considerable hype (and some horror stories) about […]
Organisations have traditionally followed one of three ‘go to market’ strategies to grow their business. Either they would compete on lowest price, product uniqueness, or differentiated service. In today’s global, hyper-competitive economy, the reality is that it’s no longer possible to sustain growth through price or product alone. Alison Higgins-Miller explains why the only viable […]
Business owners, in an attempt to protect the goodwill of their business will often include ‘Restraint of Trade’ provisions in employment agreements, partnership agreements and sale of business agreements. ‘Standard’ clauses are often used instead of tailoring a clause to suit the specific circumstances. In the last six months alone, there have been at least […]
Franchisors recognise the rise of the ‘international’ market as the world is getting smaller and the need for products and services is getting larger. Rod Young assesses the emerging global franchise trends and the significant opportunities they create Over time, experienced franchisors have learned that a focus on establishing profitable businesses that create greater value […]
In the export business – as in business more broadly – maintaining a healthy cash flow is a critical element for success. Cash flow weighs heavily in the equation that determines whether your business can run its purchasing and manufacturing processes at their peak levels, and having a steady cash flow can greatly control your […]
When profits are down, or business is slow, managers are often tempted to cut large cost items such as IT budgets or head count, but such measures will often stifle innovation and put a dampener on growth. From small acorns great oaks grow and for many companies, the greatest savings are found by examining the […]
