#Risk
How to manage cash flow, late payments and risk: Patrick Coghlan
Have you ever struggled with cash flow as a result of late payments to your small business? We know this is an ongoing issue for small business owners, and so in today’s podcast that’s really what we are focussed on. We are going through the top tips to achieve a healthy cash flow and healthy […]
Data breaches have possibility to ruin customer relationships
Given the prevalence of high-profile company data breaches that we are seeing today, including the recent incidents at Kathmandu and Landmark White, Charles Heunemann (Managing Director and VP Asia Pacific at Natterbox Limited) discusses the negative consequences that data breaches can bring to businesses. “We live in an age of cyberthreats, causing companies to implement […]
How startups and SMEs can mitigate currency risk
How to lower risk.
How finance teams can overcome cloud fears
The futures of finance and technology have never been so closely intertwined as they are today. Cloud computing underpins this. What are the challenges associated with moving finance functions to the cloud and how do you overcome them? The migration of financial applications to the cloud is happening much faster than expected. Research firm Gartner […]
The five key things to consider ahead of purchasing insurance for your business
As a business owner, dealing with insurance can easily slide down the priority list. Not many people look forward to answering bunches of questions or filling out pages of paperwork, and nobody in their right mind gets excited about paying insurance premiums. But what if you had a really bad day at work? What if […]
The evolution of hacking and how small to medium businesses can respond to the threat
The popular stereotype of a cyber hacker tends to be a young, highly skilled person sitting in a darkened room surrounded by sophisticated computer equipment. It’s an image honed by Hollywood and often supported by mainstream media. However, increasingly, this is not the case. Hackers can be young or old, male or female, and belong […]
Why innovation isn’t about being perfect
The idea of having to develop a groundbreaking innovation can seem as terrifying as it is exciting to many entrepreneurs. Innovation is risky and won’t always go to plan. However, there’s no need to worry, because successful innovation isn’t about being perfect, it’s about continual improvement. Don’t get stressed about the risk: get excited instead. […]
How to enhance innovation in your workplace
Does your business have a culture in which innovation thrives? Are people challenging the status quo and being encouraged by leaders to take risks in pursuit of innovation? Or is the opposite true, whereby people don’t take time to listen to new ideas and suggestions? Building a culture of innovation is hard work. However, the […]
Nine Steps to Build an Agile Business in 2017
Being agile in business today means you’re flexible, fast and adaptable. While agility has been a necessity in the fast-moving world of software development for some time, creating a structure that allows for rapid innovation is good for any business, regardless of the industry or functional area in which they operate. So how does an agile approach […]
Regret avoidance: is it costing you business?
Risk is an unavoidable part of business, regardless of whether you’re a startup founder or operate a successful established business. As an owner, it’s likely your job involves making risky investment decisions. To invest or not invest? That’s what it boils down to. Business is mostly conducted with the mind, rather than the heart, but […]
Don’t get comfortable, take strategic risks
Hey, this is life Jim – and it is just as you know it! Yes, get used to it. As a business owner you’re always going to be taking risks, whether it’s hiring someone new, taking a lease on a new office, or something as simple as taking out advertising space for that new product launch. […]
11 Risks of legal non-compliance
Compliance and risk management don’t sound very attractive but they are crucial to having a sound business and are drivers to achieving business excellence – we call it Future-Proofing. Undertaking an annual legal health check of your company is one of the best decisions you will make for it’s reputation, growth and for your sanity. […]
Safety and security audit no shirking matter
Fire can have disastrous consequences and businesses can spend years trying to recover – yet many business owners and managers fail to conduct an annual hazard audit.
Pure Aussie grit key to business success
The story goes that the most successful entrepreneurs are risk takers that are always full of bright ideas – or are they?
Annual risk time: Christmas party bad behaviour
Ensuring your business is ready for the silly season isn’t about being a scrooge – it’s to ensure all you’re left with is a sore head.
Q&A with Rob Nixon: Risky business
Finding the money to start a business is a problem for many budding entrepreneurs, but Rob Nixon decided to risk it all by putting $90,000 on his credit cards to get his start.
Risky business for Aussie entrepreneurs
The majority of Australian entrepreneurs are risk takers and competitors, according to new research.
Small businesses aren’t using social media. So what?
Earlier this month, Telstra released the results from a survey which found the majority of small businesses aren’t using social media.
How your failures can help you win
An open mind and a willingness to learn from mistakes can be all that stand between glorious comeback and utter collapse.
5 steps to start currency hedging
Well, 2012 is done and dusted. We survived the fiscal cliff, the end of the world, and currency volatility continued to be the norm. During the Christmas and New Year period alone, currency markets rode a roller coaster up and down a 200 point range.
Make fire training a priority for your business
Protecting against fire should not end once a fire protection system is installed. It’s critical that anyone working within a facility knows how to respond to a fire emergency and knows how to use the fire equipment onsite.
How to protect your business from risk
The role of an SMB owner is wide-ranging and understated: CEO, general manager, accountant, HR manager, and marketer. Without the luxuries afforded to a larger organisation – such as having a risk management team – small business owners need to self-manage all risk scenarios and shortcomings in-house.
Risk vs. liability: What you need to know
With the ever increasing fast pace of society, a successful business, particularly an entrepreneurial one, often needs to take business risks to stand out. However, risks often bring with them the potential for liability.
How to become risk savvy
Sure, starting and running a business comes with risks. But a savvy entrepreneur knows how to minimise them by taking calculated risks instead of crazy ones.