While the financial benefits of being a sole trader are more enticing than those of being a private company, the business risks can be scary. Gavin Dixon explains why setting up as a private company is a business owner’s best protection from liability. The biggest decision many young, aspiring entrepreneurs faced when setting up the […]
When you’ve been in business for a few years it’s easy to think the most difficult times are over but, as Rob Lamers points out, it’s important to remember business growth should be a long-term goal. Here are some things to watch out for when growing your business. We’re all familiar with the popular adage […]
There are times when, as a business owner, you need help—this is where a business consultant comes in. American expert Dr Alan Weiss tells us how Australian businesses can benefit from outside consultants and how to choose the right business consultant. Every business occasionally needs outside help. But most Australian businesses don’t know how to […]
Whether you’re an existing exporter or new to the business, Australian trade services can bring new levels of export success. Here’s an introduction to the new State Focus series, starting with a snapshot of some of the trade services available Australia-wide. Entering the world of exporting is a challenging and rewarding business, but achieving success […]
Avoiding marketing mistakes isn’t easy in today’s business marketplace; which is at times a terrifying jungle where your competitors are hungry predators and your customers are the food source that’s a challenge to catch. To survive you can’t afford to make many marketing mistakes. So here are some common marketing mistakes you should look out […]
Skills shortage solutions, while limited, include employing skilled migrants. We look at why and how SMEs should be employing skilled migrants to take advantage of overseas talent. The announcement of a 30 percent boost to permanent residency places for skilled migrants in the recent budget announcement makes a strong statement about the Rudd Government’s approach […]
Client growth is essential to growing your business, but many businesspeople don’t take a strategic view of client growth, and only focus on the acquisition of more and more clients. It costs on average 5-10 times more to source new clients than to work with and keep existing clients. It makes sense to adopt an […]
When it comes to retail leases, most business owners would agree there is currently a severe imbalance between landlords and tenants. But changes to the Retail Leases Act could change retail lease negotiations in New South Wales. Although the present rent regulations in New South Wales are aimed at stabilising tenancies, they are often arbitrary. […]
I scream, you scream, we all scream for ice-cream. Answering nationwide cries for ice-cream is the best job around, says Sarah Mandelson, CEO of Serendipity Ice Cream. Remember when you were a kid, and you’d do pretty much anything for a bite of ice-cream? There’s just something about ice-cream that keeps us craving into our […]
Australia’s education exports have created a first class name. With an innovative business approach and some creativity, you too can capitalise on this name and still stand out from the pack when exporting education. Education is a valuable commodity. Aristotle believed: “All men naturally desire knowledge.” Well, what better thing to sell than that which […]
