Faster online access, smarter technology, flexibility, lower overheads and improved work/life balance – these are the attractions that are shifting the dynamics of business into the virtual world.
When Alex Riggs first decided to sell clothes at a market stall, it was simply a small side venture while she was at university. She now runs Oobi Baby, one of the most coveted children’s clothing labels in the country, and is sharing some important lessons learned along the way.
Company directors have numerous rights and responsibilities and keeping abreast of these is critical. Even the slightest indiscretion can see you fall foul of the Corporations Act, the ASIC and the ATO.
We mostly hear about what great businesses do well. But there are lessons to be learned from the traits that keep many businesses from reaching their potential.
So you messed up. Psychologists have worked out a game plan for exactly what you should do next.
There are benefits to running your business in partnership with a friend or family member, this could mean it was established with only the bare minimum of documents. Though this may not currently present an issue, it can cause succession headaches later.
The message of delivering more for less is hugely important in business, but despite this, sourcing and tendering are two areas that are very often neglected. Here’s how to drive more value in this vital area.
As anyone running a business will know, it’s all too easy to slip into bad habits when it comes to financial management. So, just as you’d spring clean your house, September is also the time to revisit your finances.
Each Tuesday we’ll feature a business that’s endured an incredible challenge. This week, Lisa Mills explains how the loss of her hearing aids meant she had to discover a new way to communicate with clients.
The next time you need to get something done, you might want to try appealing to the masses for some help.
