Small Business
This article will focus on the best internal collection practices for your small business. This article assumes your business already has a credit policy in place and a collection policy in place. Also keep in mind that this article is focused on commercial as opposed to consumer collection matters although there are similarities between the […]
For a small business or start-up navigating our 24 hour news circle is a difficult prospect. Positioning yourself positively in the media can generate sales and redefine an outdated marketing strategy. Of course, though, negative media can ruin reputation and stifle growth. When conducted correctly, the process of gaining media attention can be easy and […]
If you’re a business owner who was driven to the start-up scene by the prospect of independence and a better work-life balance, then the question you have to ask yourself is this: would you wish for your own employees – the life-blood of your business – to view entrepreneurialism as the ultimate ‘escape hatch’ from […]
During 2015, a number of financial institutions across the world continued to be targets for cybercriminals looking to maximise their efforts. In fact, the impact of some high-profile attacks on financial institutions in the United States have been valued at over US$100 million. This has done nothing to increase confidence within the industry, as cybersecurity […]
Accounting mistakes can cause great damage to a small business, such as yours, and totter it to its foundation. Sadly, accounting errors and fails are rather common, particularly in newly founded companies. In this article, we have gathered 5 of the most common accounting mistakes characterising small businesses based on data given to us by […]
Some businesses rise and fall on the backs of trucks. Whether you’re shipping or receiving products of your own, on behalf of other businesses or need a truck to help you ply your trade (concrete mixers or cranes for example) it pays to get a great deal on truck finance. Here are top 5 tips […]
For business owners, the line between personal and business life is inevitably blurred. Managing a business is a demanding juggling act, sidelining valued relationships, resulting in frustration and a lack of control over any aspect of our lives. I’ve lived by the following five key principles to create balance in business, freeing time for family […]
We have come a long way from the idea that biggest is best. An increasing number of entrepreneurs are discovering opportunities in cheap-to-establish, technology driven business models; our graduates have become increasingly attracted to the development opportunities offered by emerging industries; and finally, only the nimblest and most agile businesses are capturing the attention of […]
The beginning and end of the year represent two extremes of the human condition. As the year draws to an end, we celebrate extravagantly and we spend. Australians are thought to have spent $8.9 billion on Christmas gifts last year. In the New Year, we redeem ourselves with healthy living – we cleanse, we detox and we […]
For as long as there is entrepreneurship, people who have taken upon themselves to do this job have searched for the recipe for what makes a successful business, and the answers they found and brought into conversation were sometimes quite extraordinary. Some of them, however, made a huge mistake, and, in spite of having the […]
It’s happened to all of us at one point or another. You’re going by your regular routine when you’re struck by an idea for a great blog post. You promise yourself that you’ll write it down later, but get lost in your tasks and eventually forget. Days pass, and you’re sitting at your desk desperately […]
All you need to start a business these days is a tech savvy mind, a laptop and of course, some entrepreneurial drive. In fact, it would appear that we’re now experiencing an influx of new-age entrepreneurs who are busy scouring the traditional industrial landscape for opportunities, leaving no stone unturned in the process. One these […]
Going green is more than a fad – it’s an important way of life. The planet is undergoing extreme climate change, at a rate that isn’t unprecedented in temperature, but unprecedented in speed – the last time CO2 was being dumped into the atmosphere at this rate, it was due to the eruptions of several […]
Why do you own a business and work those incredibly long days and sleepless nights? I’ll take an educated guess and say the main reason is money driven; the means to an end that is a (more than) comfortable lifestyle. For many, this includes providing the very best for their nearest and dearest. In order […]
Sydney-Melbourne; it’s the world’s third busiest flight route by passenger volume – so busy in fact that it wouldn’t be unusual to see the occasional, jumbo aircraft operate the brief 55 minute journey. Combine these facts with three aviation enthusiasts who have an interest in disruptive innovation and technology and we have revolutionary new service […]
When you own a small business, nothing is more important than working efficiently. We’ve found some of the best tools to help you increase productivity and profits this year. 1. Social media Social media should be at the heart of every small business marketing plan. The trick to making it work for your business is […]
An action plan could save thousands of small businesses from going bust but as many as eighty percent don’t take the time to make one despite its proven success. I’m not talking about a five-year plan with detailed budget forecasts, but an annual action plan that is reviewed regularly and updated quarterly. I’ve seen first […]
Like most things that are trendy, everyone has something to say about social media marketing. Promoting your business on social media used to be something that only tech savvy Gen Y’ers did, but these days it seems to be mandatory no matter what your age or type of business. Because social media is fairly straightforward […]
Finding the right time to take the plunge and expand your business overseas is a daunting thought for any entrepreneur. With the decision comes the possibility of facing unexpected challenges and ultimately the greatest fear, failure. However, with an up and coming generation of entrepreneurs and many supportive government initiatives, it is becoming increasingly easier […]
The end of a calendar year marks a moment in time when we consider the goals we set for ourselves and measure them against what we achieved. We reflect on what went well and what needs improvement and we use those reflections to set our goals for the year ahead. What we don’t often do […]
