Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive.
Implementing new software can feel like stepping into a world of opportunity. Done well, it can make your business run smoother, faster, and better. But without the right approach, it can also lead to headaches, wasted money, and frustrated teams. Let’s explore some common software implementation mistakes and how to avoid them—with some simple examples to help make it clear.
The Australian Federal Budget, presented by Treasurer Jim Chalmers, outlines a comprehensive plan to address both immediate challenges and long-term goals for the nation’s future.
More Aussie small business are applying for long-term loans. But what are the best things to do with this new capital? We’ve got some ideas for how to get value from your funding.
Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business.
Join us for an insightful and thought-provoking webinar as we dive into the most influential figure in the post-war era—Donald Trump.
‘Uncertainty’ has been the defining phrase for the first half of the 2020s. The markets are unstable, supply chains have been wobbly and finding talent has been difficult. But as we head into 2025, and the second half of the decade, what are the major threats, opportunities and challenges that your business should focus on? We’ve highlighted five of the big business challenges.
Putting data at the heart of your growth strategy is a no-brainer. We’ve broken down five ways that data-based decision-making helps you grab the best opportunities and grow at pace.
Running any kind of business is tough work. But when you add in the additional challenges of running a family business, things can begin to get complicated – and personal!
As a business owner, it’s increasingly difficult to ride out the changing economic conditions and manage the financial ups and downs of doing business in 2024. According to recent data from the Australian Securities and Investments Commission (ASIC), 11,053 companies went into administration in the 2023-24 financial year.
We’re living through what the World Economic Forum has called ‘The Fourth Industrial Revolution', and artificial intelligence (AI) is one of the formative technologies of this revolution. AI is no longer the stuff of science fiction. AI solutions and business tools are here right now, demonstrating new ways to operate, manage and staff your small business.
Successfully implementing change in your business Research by Kotter International found that more than 70% of change projects within a business fail. Why is this? The research findings show that employee engagement is the biggest factor. Whether it is a small change to one or two processes, or a company-wide change, it's common for staff to feel intimidated by it. So what can you do for successful implementation of change? Here are the principals from Kotter’s 8-Step Program:
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