You might think life as one of Sydney’s top interior designers would be all glamour and tantrums. Not so. Behind the scenes there are the same cashflow and staffing issues as any other small business.
Having good relationships with your clients is critical to overall business success, making it important that everyone you’re directly associated with sees you as a ‘people person.’ Despite this, being too nice can lead to low productivity and smaller profits.
When you’re clear on what is not negotiable in your business, you put yourself in a position to make better decisions and move forward. Here’s some expert advice for establishing non-negotiables.
A nation-wide survey has found one third of SME owners are sacrificing holiday time with family and friends, in order to keep their businesses up and running.
According to the latest MYOB Business Monitor survey, 30 percent of business owners haven’t holidayed since starting their business. Sound familiar? Think about the effect this has on you physically and mentally, plus the effect it has on your family and friend networks.
Australian SMEs are in a perplexing situation. On one hand, technology means start-up costs are low and the potential for small players to disrupt established markets is strong, but on the other, operating costs are high, making it difficult to scale up. So what do local small businesses really need?
The national Small Business Support Line, which provides information and referral services to local SMBs, is close to receiving its 50,000th call.
Creating a strong workplace culture is one of the most powerful and lasting things any organisation can focus on. Why? Because strong culture leads to better performance, higher retention and a more aligned organisation.
Running a business can be all-consuming and exhausting, which makes it vital for SMB owners to take time out, recharge their batteries and keep the passion they feel towards their business blazing.
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