8 financial reasons why businesses fail.
Why do so many businesses fail? It’s a sad fact but a large proportion of small businesses will not survive. But it’s still big business starting you own business and all new business starters should learn from the mistakes of others and try not to make the same errors. So why do so many businesses fail […]
Learn about how Discretionary Trusts can Protect your assets!
The Discretionary Family Trust in one basis of tax and estate planning which has become quite popular in recent years in view of the increasing burden imposed on private companies and individuals. The Discretionary Family Trust is essentially a device for splitting the income of a family group by channelling the earnings of the head […]
Sports leadership in the workplace
The leadership and coaching concepts that apply to the workplace are almost the same as those found in sports. As a coach or a manager, you’re trying to motivate your “players” to reach their full potential. And when everyone on the team understands the direction and strategy the manager / coach has developed, then success […]
Measure up or else!
Aside from tragedy and loss associated with an aircraft crash the most vital piece of equipment to be retrieved is the aircraft flight data recorder. The early version “black box” used film to record data showing fuel, attitude, speed and other basic measurements. Data recorders today have the computer capacity to log all the vital […]
Do you know your obligations regarding unfair practices?
The Trade Practices Act 1974 (“TPA”) is a Commonwealth Act of Parliament that regulates unfair practices in commerce. Its chief purpose is to protect consumers and the public in matters of trade and commerce. Due to constitutional limits placed on the Commonwealth, the TPA will generally only apply to Corporations (i.e companies and bodies corporate) and […]
How to stand out from the crowd with strong client relationships
It costs more time and more money to find your first customers than it does for repeat business. Therefore, once you have their attention and they have bought from you, it would be silly to not strengthen and further the relationship you have built with them. Keep in regular contact, preferably on a weekly or […]
What is sustainable marketing?
Sustainable marketing is the adoption of sustainable business practices that create better businesses, better relationships and a better world. Here are five tips from Maria Anderson at Sustainable Marketing. Embed sustainable business practices into your business strategy that optimise the performance of your business, create strong relationships with your customers, help your community and reduce your […]
How can you source the right staff?
Unemployment rates have increased but still finding it hard to find the right person? Step 1 – Scope the Job What do you really need? Develop a job description including position title, who the position reports to, what are the key job responsibilities, how is performance measured, and what behaviours, skills, qualifications and experience is necessary […]
Seven Key Numbers To Drive Profit
Do you ever look at the reports from your accounting software and get over-faced by all the numbers? Do you not bother printing out the reports at all because you aren’t sure which numbers to look at, and you don’t have the time anyway? You would not be alone if you answered yes to either of […]
Putting the pieces of your marketing puzzle together
One of the many challenges you face as a business owner is deciding where your marketing budget should be spent. How much should you allocate to advertising, networking and online? What about Youtube, facebook and twitter? Choosing between options is getting harder and harder. 1. Invest in branding, acquisition, retention and harvesting strategies to create sustainable growth At […]
