One of the biggest decisions any small business owner faces is choosing which institution will handle their business banking requirements. If you’re struggling to make this decision, consider these 8 important aspects.
It’s never a good idea to promise something you can’t deliver in order to get customers through the door in the first place, as you’ll end up disappointing them. With this in mind, here are 5 easy ways you can ensure you avoid over-promising and under-delivering, which could seriously hurt your reputation.
Being terminally busy seems to be an affliction of the modern age. Do you have days where you find yourself rushing around like a mad thing, yet at the end of it can’t think of one useful thing you have done? This could be a sign that you are too busy and not productive enough.
Organisations need strong performers, working smarter and more productively, with competent leadership who will engage and motivate them to meet growth goals. Here are some strategies to keep your high potentials engaged, and with you for a long time.
Many business owners make the mistake of assuming that productivity means working themselves and their employees harder, but putting more pressure on your staff to get more done can actually be counterproductive. When it comes to increasing productivity, what most businesses need is innovation.
Months of economic turmoil for the global economy has led to instability, which particularly affects cross-border business. While larger businesses are often set up to deal with this volatility, a process called hedging provides an opportunity for SMEs to do the same and maximise profits and revenue, minimise costs, and stay competitive.
The outcry surrounding the controversial comments made by Alan Jones about Julia Gillard’s father had effects that were far reaching across the Australian business landscape. The saga also delivered a valuable lesson to any business owner who’s thinking about bringing on a celebrity to endorse their product or service.
Australia really is the Lucky Country, but local businesses need to seize the benefits of the boom by supporting innovation, growing their skilled workforces, attracting investment and increasing productivity. All these goals require a workplace where employees are engaged and motivated – but, engagement doesn’t always sit well with our national persona.
Growing a business is a lot like raising children: it will need a lot of nurturing and care to be healthy and self-sufficient. So, when was the last time you sat down to spend some quality time making plans for your business?
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