#Discretionary Spending
A wise boardroom must control its spending
Tough economic conditions and vanishing revenue streams mean organisations across Australia are searching for clever ways to maintain shareholder return. Ask these simple questions of your business to see if you can do the same.
Retail turnover rises, again
With Christmas less than eight weeks away, retailers have received a much-need confidence boost with the Australian Bureau of Statistics (ABS) reporting retail turnover rose 0.4 percent last month.
Managing your business in tough times
With an economic downturn still being touted just about everywhere, it’s an ideal time to recap on ‘getting back to the basics’ of good business management practice. Cuts in discretionary spending are not the only measure to keep your business running strong. So what steps can you take to improve your business in a tougher business climate?