Managing Your Business Through A Crisis
What happens if a crisis pulls you away from your business? Will it keep running without missing a beat? Or will it collapse in your absence? As a business owner, this is a very real scenario to consider. Life doesn’t care what you have scheduled or planned. Family...
7 Questions You Should Ask Employees When They Leave
There’s no sugar coating it: the day your talented employee tells you they’re moving on will be tough. But as a business owner, there’s an opportunity to take their departure and use it to improve your business. How? The Exit Interview. When an employee hands in...
Is your small business armed with the skills of the future?
Digital marketing, robotics, artificial intelligence, 3D printing … today’s business world looks a lot different to five or ten years ago. Just imagine what the next five years, or even the next 12 months, could bring. While every change brings exciting...
Biggest marketing mistakes every start-up should avoid
Done right, marketing can be engine that drives your business success. Done wrong, and you can wind up spending a lot of time and money with little to show for it. But that doesn’t mean you should ignore marketing altogether. According to CB Insights, as...
Essential Ingredients for a Loyal Customer Base
Loyalty is a powerful thing. According to the 80/20 rule, a successful company will see 80% of its business come from 20% of its customers. What’s more, the cost of acquiring a new customer is anywhere from five to 25 times more than retaining an existing...
Which Business Model Will You Choose?
There are many different types of business models out there. When you’re starting out, it’s important to choose the one that is best suited to your business concept. Here, we’ll introduce some of the main types of business model (hint: it’s not an exhaustive list!)...
Growing your business through grants and subsidies
Want to grow your business? The good news is that the Australian government and other organisations provide a wide range of grants and subsidies to start-ups and small businesses through grants and subsidies. This support not only gives you cash to invest in your...
5 essential health checks for your small business
Just like a car needs a regular service to keep running smoothly, your small business needs a health check to ensure it is in good shape. By taking the time to check your business health, you can spot problems before they happen and identify new opportunities to fuel...
What happens when contracts go wrong?
How many contracts did you enter into this month? You might be surprised at the answer. Fact is, contracts are a way of life for small business owners. From contracts with developers, suppliers, sub-contractors and clients to your internet plan and office lease,...
How to study while working full time
Heard about “work-life balance”? If you’re thinking about studying while working, it’s time to get familiar with a new concept: work-study-life balance. There are lots of advantages to studying while working full-time. You can immediately put your new learnings to...