Managing

Too many businesses have written up their business plan and dusted their hands. Full steam ahead, right? Yes, but make sure it’s only to the next stop.

You’ve put in the hours, you’ve watched your business grow and thrive. Now you’re ready to reap the well-earned rewards. But is your business ready?

We’re going to start this piece off with a rather uncomfortable truth: sooner or later, you’re going to fail. It doesn’t matter who you are or what you do.

While there is no one-size-fits-all strategy that will work for all small businesses, there are some fundamental principles that can be helpful for small business owners.

While many focus on utilising a bundle of security solutions in hope of finding a ‘silver bullet’ to fix its security woes, many forget the basics.

A business with good systems in place will know when a cash crunch is coming and will be ready for it. Unfortunately, most SMEs are not as well organised and, when a problem occurs, it tends to hit them right between the eyes.

A highly mobile workforce and their drive towards ad hoc, instant collaboration in addition to scheduled meetings has led to new ways of collaborating within and across organisations.

Constant reinvention across all industries and sectors characterises the way business is being run in the digiworld. Those with bigger capabilities are winning.

We see systems, structures and tools but not the culture developed by leaders in the organization. Here is what you must do to develop the culture you need…

Raising fire awareness is an awareness that benefits everyone – a life skill, that can be implemented at any time regardless of whether you’re at work or not.

While there’s always going to be a need for reactive recruitment, smart businesses are wising up to the benefits of recruiting roles before they’re needed.

If you are managing or running an e-commerce business there are a few essential things you need to know if you want to stay current and growing in a very crowded marketplace.

What you may not know, however, is that the revised guidelines issued in 2014 by ASIC and the ACCC stress the importance of good record keeping. Here’s how…

Your idea may have the potential to be a bona fide success. But if you want to get serious investors interested in your startup, you’re going to need more than just a brilliant idea.

ASIC is a necessary body to have, ensuring companies are kept in line and consumers, investors and creditors are protected, but it’s the compliance aspects that can easily catch businesses out.

While most start with a robust product roadmap and growth strategy, many don’t have a plan to evolve their approach to customer service…

Around 3 hours every week is lost in attending meetings, which amounts to an average of 5 ½ days every year. This is per employee, so the accumulated reduction in productivity would undoubtedly be very high for larger businesses.

You’ve probably heard that your employees are the key to your business success. In actual fact, success depends on your ability to lead and motivate your team as much as it depends on their capabilities.

Replaceable Rules, company constitutions and shareholder agreements will help you make some important business choices – but which is the best option for you?

I continually remain perplexed by the number of people in Australia, and especially those within the business community, that are still not familiar with the meaning of the term ‘intrapreneurship’.