Small Business
Customers are increasingly interacting with retailers through multiple ‘channels’ as part of a single transaction. Retailers that fail to offer a superior shopping experience, where their customers can move seamlessly between different channels, risk becoming obsolete, industry experts warned a recent forum’s attendees. Held at Sydney’s Radisson Blu Plaza Hotel on Wednesday, 18 May, the […]
As someone who mentors businesses for a living, I spend much of my time researching and reviewing business models, marketing campaigns and advice from the top business leaders and experts from around the world. In this article, I am going to share some insight from two leaders who have two very different business models. Richard […]
Earlier this year the World Economic Forum published its Future Jobs Report and the research listed ‘complex problem solving’, ‘critical thinking’ and ‘creativity’ as the most valuable skills for 2020. Nurturing these skills will enable your business to adapt and thrive in an era of unprecedented fast paced disruption. Here are several behaviours you can […]
One of the great myths in business is that entrepreneurs succeed alone. The truth is that people need people. People teach us. They inspire us. They challenge us to do things differently. And, sometimes, they make us tear out our hair in frustration. Still – cultivating the right people is essential for growing your business and […]
Business is good: that thought is music to the ears of many business owners. When things are going right, it’s hard to ignore the money rolling in hand over fist. Yet, just because a business has tasted a modicum of success, this does not mean that it is time to relax. When a business is […]
The problem with the perception of time poverty and stress is the two go hand in hand. As the feeling of time pressure rises, so does our experience of feeling stressed. While we benefit from some stress to lift our game and boost performance, feeling short of time reduces our capacity to manage our stress […]
The business world is filled with liability. The dangers that lurk around every corner could spell disaster for your company. While many business owners push ahead without any thought to preventing disasters before they happen, this course is a reckless path that you will want to avoid at all costs. There are reasons a huge majority […]
“Embrace your tax audit” are the last words you’d expect to drop from the lips of a financial advisor, but that’s exactly what the head bean-counter from First Class Accounts is asking us to do. Clive Barrett, Executive Chairman of First Class Accounts, said the very idea of a tax audit struck fear into the […]
The end of financial year can be a hectic time, particularly for SME business. With books, budgets and tax time on the mind, it’s easy for business owners to cast recruitment plans aside to focus on other aspects of the business. The truth is that end of financial year extends well beyond inventory and overheads, and is […]
A collective of retailers, business associations and advocates this week launched Surcharge Free – a national movement urging businesses to end the practice of payment surcharges. This follows the commencement, earlier this year, of the Federal Government’s Competition and Consumer Amendment (Payment Surcharges) Act 2016, which bans excessive credit surcharging. Surcharge Free is spearheaded by […]
Australia’s small business exporters are concerned about accessing finance for their export journey. This isn’t a new concern, but it is one that can be addressed. This article outlines some of the perceptions of, and challenges in, accessing export finance, as well as the ways that Australian small businesses are overcoming this challenge. Access to finance […]
Thinking about starting up a rental business? Running a business that rents equipment rather than selling it has definite advantages. One of the more appealing aspects of renting out equipment is the potential for financial gain. But like most things, along with the positives comes some less desirable factors to consider before deciding to rent […]
Are you walking away from conversations or meetings with that feeling of regret, that once again you’ve lost your cool? It can happen to any of us, no matter where we happen to sit on the professional totem pole. We know it’s not attractive, nor is it graceful or effective, but somehow it happens and […]
Writing your website’s copy can be one of the most frustrating, time consuming and difficult tasks for any business owner. How do you know your words will resonate with your target customers? What’s running through your customer’s mind as they land on your page? This article features three of the best copywriters in the business; […]
The willingness of small businesses to share a failure can have a powerful effect. I remember this one failure clearly. It was a real punch to the gut. I was standing in the foyer of a building in downtown Melbourne when I received the call. The voice on the other end of the line was […]
June 30 always seems to sneak up on us doesn’t it? There’s a lot involved in preparing your business documentation for the end of financial year. If you are a small business, it is highly likely that you need to do everything to manage your business, from administration, marketing to bookkeeping. Business is running well […]
Australia’s female entrepreneurs are facing key barriers when it comes to realising their ambitions for business growth, EY has found. The global professional services organisation conducted a survey of 143 female entrepreneurs as part of its Entrepreneurial Winning Women™ (EWW) Asia-Pacific program, which assists female-led businesses to become global market leaders. An overwhelming majority (90%) […]
For a woman who has built an empire out of hard-to-find goods, her success is easy to see. Erica Stewart is easy going and matter-of-fact about her business journey thus-far. Until 2008, Erica was a national sales manager for a top Australian magazine. She enjoyed her work, but it was the products that came in […]
In Australia, there is a clear trend towards the e-Commerce and traditional retail channels merging, but not replacing, one another. Traditional bricks and mortar retailers are finding they need an online presence and many pure play online retailers are now venturing into the physical world. Whereas consumers used to only browse online and purchase in […]
Systems and process set you free. This is hard to imagine for most startup businesses as they cope with the chaos of a little bit of success, rushing from urgent to urgent, forgetting that if they worked on a process then perhaps the issue could be solved. Shark Tank Australia Season 2’s very first pitch […]
