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A fresh outlook, a second opinion, a critical friend: the case for business consultants

In some ways, running a small business is a lot like being a plate spinner, especially if you’re overseeing several projects. You’ll need excellent coordination and a watchful eye; otherwise you’ll end up with smashed chinaware. As you grow in confidence, you might seek to add more and more plates to the mix. At some point, you’ll require an […]

Julie Pettett Numanoglu · 2 min
Locked

The importance of process in risk management

Australia has over 2 million small businesses and every day, over 500,000 of them are playing Russian roulette with their livelihoods. Okay, maybe that’s a bit of existential hyperbole, but they’re definitely risking a few toes and they are crucial in maintaining balance. A study by the Australian government found that 26% of small and medium businesses lack […]

Peter Khalil · 2 min
Finance

To mitigate fraud, bribery and corruption risk, SME leaders must foster a desirable culture

Given that staff tend to take their cue from what management does, rather than what it says, companies that encourage questionable workplace practices from the top down can end up being their own worst enemies. By encouraging employees to take shortcuts or by demonstrating a lack of oversight, businesses can become victims and, sometimes, unwitting […]

Roger Darvall-Stevens · 2 min