As someone who works with small and medium sized businesses I frequently get asked, “How are SMEs faring?” At the moment my answer would be they are operating amid a great deal of uncertainty. However, despite this many small businesses are focused on growth.
As a virtual CFO I’ve seen quite a few businesses undervalue the importance their team plays in having input in the strategic growth and direction of a business. Employees strive for more than just a pay check at the end of the month.
It’s been a busy few weeks in the Azure Group offices. Unusual for most accountants, but for us, it’s a time when our tax team and accounts teams combine to work on reconciling our client’s accounts, record year-end tax journals as well as collecting and collating compliance files for our clients.
There’s no special formula that will guarantee you success. It’s mostly a determined belief in your product that will see you through. However, my three tips for entrepreneurs are:
The other day I was asked why some small businesses fail and others succeed and it got me thinking about the defining characteristics of Australian small businesses.
Attending the COSBOA National Small Business Summit earlier this month, I had the opportunity to hear both major political parties address small business owners and supporters.
Last week, I participated in COSBOA’s National Small Business Summit, which was held at Brisbane’s Convention Centre. The Summit brought together about 400 people who work, own or are passionate about small business.
It’s been tough going recently for small businesses in terms of initiatives introduced by the Government. While it may seem the Government is acting for the greater good, small business will bear the brunt of many of these changes.
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