As we look back on the past year, I’m sure the only positive thing a lot of business people feel they can take from 2010 is that they got through it. But the quiet successes that some Aussie businesses have achieved this year are both something to celebrate, and something to take inspiration from for 2011.
Mixing family with business can be a complicated process, particularly when it comes to the transfer of business ownership to children.
The estimated cost of replacing staff is the equivalent of that person’s annual salary, so retention of the best people is going to be vital in 2011.
Recently, there have been some very public examples of succession that have reminded the business world not only of the importance of good succession planning, but also how far it can go wrong without a little thought and preparation.
I’m in the midst of planning for 2011 and I know many of you will also be updating your business plans for the new year. So I thought I’d share a few insights that may help – in the form of a bit of a do’s and don’ts list. This isn’t a ‘how to’ list, it’s some key points that I wanted to highlight to get you thinking.
A lack of sufficient cashflow is currently a significant issue for SMBs across Australia, with recent statistics indicating it as a factor behind the collapse of small businesses.
ClearView Wealth Limited today announced a statutory net profit after tax of $8.0 million and plans to acquire small-medium financial planning practices in South and Western Australia.
Every business wants to grow, but expanding a business too soon, or blindly, can have dire consequences. So before taking the leap, ask yourself how well do you know your existing business?
Almost all businesses owners will need to take a stab at event management at some stage, whether it’s an intimate lunch with clients, a product launch, or large-scale charity event. Rebecca Spicer asks experts what makes the difference between wow and woe factor in event management and planning. No matter how big the event you’re […]
A business plan is to a business what a game plan is to an athlete, or a map is to a bushwalker. Business plans are essential to get you where you want to be. So how do you create a business plan that reflects a structured approach to thinking strategically about the future of the business, […]
