Economic reality sees costs increase, therefore your prices may need to follow if you want to maintain your margins. Cost cutting, either through eradicating unnecessary expenses or improving efficiency or productivity, is one way to maintain margins, but if you’ve exhausted this option, raising your prices may be the next step. Review your expenses regularly […]
We now live in a world where everything is negotiable, so don’t be surprised if your customers want a deal. However, just because you bend your prices or add value to your product doesn’t mean you should let the quality of your offering slide. After striking a deal with a customer, make sure the delivery […]
Software may look expensive, but if you find out what you really need, as opposed to what you think you need, then you may discover that quality software is often available for free. Accounting software, for example, needn’t be a complex system you need to buy, install, and then take a course on. Most businesses […]
Many small business owners juggle their business with family commitments, and therefore have alot to protect when it comes to insurance. But statistics show many are playing a risky business when it comes to their insurance cover. According to a 2006 survey by the Investment and Financial Services Association (IFSA), less than half of small […]
The Australian media and advertising sector is set for a shake-up with Yahoo!, Microsoft and Google all looking to launch rival trading exchanges for media advertising inventory. The “mini stockmarkets” will include TV and radio airtime, and newspaper and magazine print space, heightening concerns of a reduction in competition as the technology giants will have […]
In a bid to compete with both Yahoo! and Google’s recent small business search marketing offers, McLaren Media, in conjunction with Internet Billboards have launched a new business digital platform for businesses to promote their products and services. The new platform, www.findmerightnow.com.au is the world’s first optimised commercial video search directory. According to Grant McNicol, […]
New home sales have risen for the third straight month, aided by government grants and low interest rates. The Housing Industry Association (HIA) survey found new home sales increased by 4.2 percent to 8,210 homes. HIA chief economist Harley Dale said the project home building market gained a lift from the first home owners grant […]
It seems business confidence is making a comeback, enjoying a moderate increase in the first three months of the year, but the outlook is far from positive according to the National Australia Bank. The NAB’s quarterly survey showed the business confidence index jumped seven points from -31 to -24 for the March quarter, however a […]
Property expert and CEO of property portfolio company Empire, Chris Gray has warned property investors not to delay buying and to take advantage of the current market conditions. Rate cuts and the First Home Owner Grant have seen a surge in first home buyer activity in the market, and investors should use this as an […]
Peter Costello has come out of hiding and has launched a scathing attack on the Federal Government, slamming them over their handling of the financial crisis, along with the infamous stimulus package cash handouts. He said the cash handouts were unlikely to stimulate the economy and will just put the country into even more debt. […]
