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Covid-19 has reshaped retail and given business owners in the industry many unprecedented challenges so far this year. As shops on the high street were forced to close overnight under lockdown rules, consumers switched behaviours and eCommerce saw a huge uptake. What have been the pros and cons for retail businesses considering the circumstances of […]
In today’s Let’s Talk we are discussing the fear that comes with starting a business with different founders who have been there and come through it. When starting entering into any new chapter, challenge or unknown territory in life, fear is a natural emotion that arises. This is particularly the case in entrepreneurship where you […]
Franchise businesses, although sharing many qualities with non-franchises, have their own unique ups and downs that come with the relationship of the existing brand and business model. There is support and systems in place, which can provide a great growth trajectory, but on the other side of that, it can lack the flexibility that entrepreneurs […]
The new financial year has arrived, but the effects and financial difficulties of covid-19 are unfortunately likely to continue for a while longer. With that in mind, today we are discussing the best tips and strategies for leaders in terms of the best financial practices going forward. Now more than ever, it’s important to get to grips […]
Running a business of course comes with legal responsibility, but knowing what’s required and how to comply with law can be difficult, particularly for many smaller businesses that don’t have the resources, budget or in-house team for legal support. The coronavirus pandemic has emphasised how hard it can be for businesses to navigate legal changes […]
A lot of businesses will need to pitch for investment from the likes of venture capital funds, banks or angel investors at some point on their growth trajectory. However, many founders and entrepreneurs are unfamiliar with the pitching process, as well as the pros and cons of working with different investors. Today we are aiming […]
There are different leadership strategies that business leaders use to drive their teams and organisations forward. According to the varying preferences, personalities and values of each leader, their strategies will differ slightly. Is it a case of being more autocratic, or is it being more democratic, that is preferable, for example? Each style comes with […]
Marketing is a huge topic in itself and the question on every business leader’s and business owner’s mind is ‘What is the best marketing strategy for me/ us?” It could quite literally be a million-dollar question, and it’s quite right that business leaders should have this at the top of their priority list. You could […]
Entrepreneurs are often talked about in an admirable way, possessing traits and habits that are uncommon to most people. These traits and habits give them their desire and drive to create and innovate, as well as most importantly take risks. The current environment has been testing for entrepreneurs as they have had to steer their […]
Supporting employees has never been more important than now, given the uncertainty we are experiencing. Although lockdowns are slowly easing, the working and business world won’t be back to “normal” any time soon. In fact, perhaps it will never go back but only move forward towards a “new normal.” How can businesses best support employees and […]
During the crisis, the government has unveiled many stimulus packages to support businesses and sustain the economy, including the JobKeeper payment, the early release of superannuation and the halting of property evictions. In dealing with this highly unprecedented event of a pandemic, the Australian government has had to quickly guide all states and territories through potential economy failure and […]
All businesses, regardless of size, have had to deal with the COVID-19 crisis. Some companies have been extremely hard hit, some companies have seen demand sky-rocket… And somewhere on that negative to positive spectrum there are many companies in between. Every single business, however, has had to learn something during this time of crisis. Both […]
Are accelerators and incubators something you should consider for your startup or small business? The assistance that comes with joining an accelerator programme can be instrumental in setting up a successful company, as they provide financial support (either directly or indirectly), mentorship and vital networking opportunities. The people-power of accelerators is often their most important […]
Social media has become one of the most influential marketing strategies for businesses in recent years, which begs the question: How do you best use social media? It comes down to knowing your target audience and the platforms best suited to you and your product and or service. There is a whole range of diverse […]
Staff motivation can be tricky to master at the best of times. Throw a pandemic in to the mix, and it becomes extra hard to know the steps to take for keeping your teams driven and focussed on the business’s goals. Motivation is not black and white, and it is impossible to feel motivated at […]
In the midst of the coronavirus lockdown in Australia, we wanted to ask small businesses first-hand how they are pivoting and adapting in the circumstances. With so many businesses forced to close in a matter of days, it’s been a challenging time to survive. On the other hand, some businesses are having to survive through […]
‘Soft skills’ in leadership refer to a host of skills that differ from hard skills, and include empathy, teamwork, flexibility, positivity, adaptability and many more. They differ from the ‘hard’ skills that we are likely to see on CVs or Cover Letters in that they have more room for debate or interpretation. For example, a […]
Cash flow is a huge concern for small business at the best of times, however with the unprecedented coronavirus pandemic also, today’s Let’s Talk is especially important. We have made sure to give you the best information possible regarding support during this challenging time, such as: Stimulus package break down Advice for working from home […]
Company values help employer and employee alike to achieve their business goals through inclusion, alignment and solidarity. They are the foundation of the company, in that they mould the overall identity and purpose of the brand. They also guide the operations of a business, and provide clear directions for decision-making. For example, if a company […]
What is public relations and how can businesses really make the most of PR to elevate their brand and reach customers? That’s what we’re answering and discussing in today’s Let’s Talk on “PR Magic.” Public Relations (PR) is essentially (to take it in reverse) the relationship with your public – and the maintenance and professional […]
