Growing
The primal instinct of any business owner is successful business growth. The reality is few business expansions ever reach regional, national and international levels. Why? How can you grow your business? The combination of focus on the value proposition, target customer and a sustainable business model is not sufficient nor considered enough to produce the […]
To keep your organisation fighting fit it is important to not only understand the workings of your own business, but you need to understand what’s going on in the industries surrounding your business. Managing director of Marketing Focus, Barry Urquhart shows businesses how to stay ahead of the game with some keys to innovation, and […]
Privately owned companies wanting to raise capital could benefit from listing their company on the stock exchange as an Initial Public Offer (IPO). Companies who can demonstrate a strong, sustainable track record of growth earnings backed by well protected Intellectual property, the benefits could be substantial. Greater marketability, financial benefits, higher credibility and media coverage […]
With increasing interest rates, fluctuating petrol prices, drought, lagging trade payments, and the credit crunch, planning for business challenges is a must for SME survival. Here’s your guide to expected business hardships, together with some expert advice to ease business conditions. Blow after blow has been dealt to SMEs, everything from a strengthening Aussie dollar, […]
Organisations wanting to stay a dominant force in this new era of business need to understand the forces driving the new economy; Knowledge, change, and globalisation. Dr Alex Maritz, Director of the Australian Graduate of Entrepreneurship says a new business environment is increasingly complex as a result of the vast amount of business space created, […]
Have a niche business, but not sure how you’re going to sustain your business in the long run? Here’s how you can fend off competition, and sustain your niche business, once and for all. Many niche business owners start out as frustrated consumers, disappointed by the absence of a product or service in the marketplace. […]
As every smart business owner will tell you, your business is only as good as your team. So how do you lead and manage a productive team? We sit down with John Buchanan, former coach of Australia’s most successful cricket team, for his team management tips. Hailed as a coaching legend, John Buchanan led the […]
An SME owner’s departure from the business is inevitable, so plan your exit strategy and succession in advance, if you want to leave under the best possible conditions. Bill Hovey, CEO of the Linchpin Group Australia, shares his extensive knowledge and expertise to help you prepare an exit strategy. Regardless of the size of your […]
Profits, or an environmentally-friendly business? It doesn’t have to be a choice. How, you ask? Read on and find out all about profitably running an environmentally-friendly business. Your business asset, should you choose to protect it, is the environment in which we live. And while you may never have thought of the ecosystem as a business […]
Check out the following search engine marketing tips, so your online business is search engine optimised and driving traffic to your website. 1. Get with the lingo Know the search terms customers use to find your business on the Internet and use them on your website: titles, headers, sub-headers, meta tags, and general content. Try […]
Want to design a website that’ll generate website hits? Here are some tips to design a website that’ll grow your business online. 1. Keep one topic per page. A general guideline is to have no more than two ‘screenfuls’ on a page so people aren’t scrolling downwards forever. If you do have more than this […]
If you can get people to come to your online business, you stand a fair chance of making money. But how do you market your business and attract those visitors? We look at three Australian businesses making use of marketing techniques such as microsites, online auctions and blogging, so you too can grow your business […]
About 80 percent of all businesses in Australia are family businesses. Yet being in a family business isn’t easy, with a skills shortage and corporatisation to face. So read on to find out about successfully running a family business. A study by RMIT University shows that $1.4 billion will change hands in the next decade, […]
While lacking experience, apprentices and trainees can bring practical and financial business benefits. Dive into the recruitment pool of apprentices and trainees to quench your skills shortage drought. The skills shortage is crimping business throughout Australia, but apprentices and trainees can fill the void. Inexperience is not necessarily a negative. Filling these blank slates with […]
Increasing productivity and performance growth within your business is a slow and steady process. However, it’s worth noting benchmarking and market research are vital tools to capitalise on opportunities and adopt best practice techniques. In this ‘infotronics’ age-driven by information and electronics-organisations need to realise the benefits benchmarking and market research have in understanding the […]
Businesses with better things to do rather than deal with the tedious elements of administration will find using software-based automation could save a lot of time and money. Investing in this form of technology will drive down costs and improve quality and use of data. More importantly, software-based automation could make a huge difference in […]
Business innovation is about new ideas, products, services, marketing and distribution methods, but it’s also about the culture of an organisation. So, how can you create an innovative business culture? Read on to find out how other innovative businesses do it. The Panel: Sonja Bernhardt, CEO of Thoughtware, an IT company specialising in human resources services, […]
Providing small businesses the chance to grow into something more commercial while receiving undue support from educational institutions, industry players, and government and enjoy high quality facilities is something start-ups only dream about. However technology parks are providing these services, helping to accommodate growing businesses and maturing the economy. Located at the heart of the […]
Innovation is considered to be one of the key drivers in an organisation. Innovation in business is about new ideas, products, services, marketing and distribution methods, but it’s also about the culture of an organisation. To captivate the culture of innovation, there needs to be a genuine brainstorming environment where ideas are captured, explored, and […]
With so many government grants on offer, how do you choose and secure a grant that’s best for your business? “There are steps any business can take to determine if a particular government grant suits the organisation,” says Adrian Chugg, business advisory manager at William Buck Business Advisors and Chartered Accountants. “No matter what type […]
