#Managing 2
The right way to take risks
How to take risks without sinking your business.
Managing key person risk
Fortunately for large scale corporates, although key person risk can be nominally substantial, companies are well capitalised to weather the loss. The same cannot always be said for SMEs.
The importance of thought leadership for businesses
Although there are many new challenges for businesses to deal with, the interconnectedness and collaborative nature of the 21st century global market enables businesses and leaders to exchange ideas and information that can help resolve these issues.
Poor bookkeeping horror story: a bean counter’s tale
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
How to avoid financial stress in your business
It’s not something that any small business wants to think about but the reality is that business does on occasion hit bad times. Here are some ways to avoid needing help, and who to ask when you really do.
How to get the best from your staff
Employees are a business’s greatest asset, but this is only true when you are getting the best out of them. If not, they are just a cost – eating away at your bottom line.
Even more business tools you wish you had 10 years ago
There are so many apps that can help your business run more smoothly and free up some time for you to focus on what you do best. Here are a couple of essential ones to invest in if you’re looking to lessen your accounting and bookkeeping burden.
How to get the most from younger staff
We all have opinions about the youngest group that stomps through the workforce, but it’s a good idea to put aside preconceptions about Gen Y staff if you’re to get the most out of them. Use these tips to maximise the capabilities of your staff.
10 tricks for a fabulous day
It takes just as much effort to have a wonderful day as it does to have a miserable one. Why not enjoy yourself?
Workplace warfare: How to win negotiation battles
Conflict, tension, tactical moves, power plays, ammunition and bluffing – all come into play in the workplace. Whether fighting for additional resources, a salary increase, fighting a decision or to save your job, planning a battle at work requires level-headed precision.
Turn it around: Fix the five most common business errors
Hired the wrong employee or just can’t seem to get on top of your cashflow? You’re not alone. Here’s a look at the five most common areas SMB owners get it wrong, and some advice for fixing these issues.
Imagination the forgotten key to business success
Imagination is one of the country’s most underrated business assets, a new report has found, coming in last place on a list of 15 workforce characteristics valued by employers.
Five tips for running engaging and inspiring meetings
Whether holding a meeting for employees or clients, they’re often met with a certain amount of negativity and lack of enthusiasm. Use these ideas to help you think outside the box when running your next meeting, and see an immediate boost in engagement levels.
Why eProcurement will be a mover and shaker for SMBs
eProcurement has been talked about since early 2000 in Australia, although only a small number of switched on organisations have really embraced the benefits. Here’s a look at what eProcurement could do for your business’ bottom line.
The 10 tell tale signs your business is under pressure
Sometimes it can be difficult to see the bleeding obvious, even if it’s right in front of your face. This can be especially true for business owners, whose judgement can be clouded by the very nature of their relationship with their business. So, here are the ten early warning signs your small business might be under pressure.
SMBs, get savvy with Business Intelligence
Business Intelligence (BI) is no longer only available to large corporate organisations, with forward-thinking SMBs now able to access quality and timely information about their business.
The four factors thriving businesses have in common
2012 is shaping up as a difficult year for many businesses, but the decisions you make now could determine how successful the next 12 months are. Here’s the four factors thriving businesses have in common, which Sid Edwards says any SMB can put into practice.
What’s your New Year’s business resolution?
We asked a variety of SME owners to tell us what they’ve learnt about their business this year and to share their resolutions for 2012. There’s some great food for thought for everyone here.