business planning
It’s Bigger On The Outside – Faking Business Growth To Grow The Business Making your business seem bigger than it actually is can go a long way in helping you to secure larger clients. Appearing larger can help customers feel more secure when dealing with you and possibly give your voice or presence more authority. …
Why Your Business Needs an Advisor Feel like your business is stuck in a rut? Unable to solve a problem that you know is going to cost you in the long run? Struggling to navigate your way through a difficult time? It might not be financially tanking, and it might not be that your revenue …
Cash Flow Throughout the financial year, there may be periods where your business finds itself facing a recurring problem with its cashflow. Small businesses with cash flow issues may find themselves more at risk of failing or suffering significant financial hardship – during these critical times in the business landscape, this is not an ideal …
Having a Hobby vs Running a Business There are critical differences between having a hobby and running a business, and they mostly have to do with your tax, insurance and legal obligations. Understanding the characteristics of businesses and hobbies is essential to ensure you correctly determine your activities. Are You In Business? While there is …
Risk Management Running a business involves inherent risks, but by implementing effective risk management strategies, you can safeguard your company’s success and minimize potential setbacks. We will explore key principles and actionable steps to help you effectively manage and minimize business risks. Identify and Assess Risks: The first step in managing risks is to identify …
Abdication vs Delegation For business success, effective decision-making and efficient task execution are crucial. As a business owner or manager, one of the key challenges is finding the right balance between abdication and delegation. Both approaches involve entrusting responsibilities to others, but they differ in the level of involvement and control exerted by the leader. …
Better Leadership Effective leadership goes beyond sitting in a corner office and delegating tasks. Leadership has a significant impact not only on the team members they manage, but also on the company as a whole. Great leaders tend to make their employees happier, more productive, and more connected to their organization – and this impacts …
EOFY As the financial year comes to a close, now is the time to visit your accountant or tax advisor to discuss tax planning for your business in 2023. At the end of every financial year, business owners should be reviewing and measuring their performance in comparison to the previous year. By regularly reviewing this …
Tips for Hiring Staff In order for your business to grow, you will need to hire new employees and create new roles. Hiring a new member for your team is always a challenge, and it becomes even more difficult when you are hiring for a brand-new position. Business owners who are able to allocate workplace …
Business Health Check With the end of the financial year approaching, now is the perfect time to conduct a business ‘health check’ so that you can come out at the start of the new financial year greatly improved and ready to go. Clients And Customers Client and customer loyalty is something all businesses should aim …
Employee Retention To gain a better understanding of the negative aspects of a business and develop effective solutions, exit interviews are often conducted with departing employees. However, these interviews occur at the end of the employee’s tenure and may be too late to address their specific concerns. Instead, businesses may benefit from understanding what motivates …
How Do Business Partnerships Operate? Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture. A partnership business structure is an incorporated business with 2-20 owners. The individual owners work together to achieve the business’s goals, sharing responsibility and profits. In …
- « Previous
- 1
- 2
- 3
- Next »