Category: Blog

Establishing your own business in today’s competitive and congested market is a huge undertaking. Running it and staying afloat is another, and can prove to be an even bigger, more taxing challenge. This is why you will need all the help you can get in order to survive the cutthroat world out there.

Here are a series of blogs covering topics you should know about to remain resilient and adapt to the fluid changes of the business world. From creating business continuity plans, cross-training your staff, and choosing a consultant, there are bits and pieces of information here that will give you the information you need.

9 Reasons why Outsourcing CFO Function in a Business makes Sense

At a certain point in a business’s growth, hiring a Chief Financial Officer is needed to maintain or reinvigorate the company’s financial direction. However, start-ups, small and medium companies can find the financial outlay prohibitive. A highly experienced, commercially astute CFO earns upwards of $200,000 annually. Significant savings can be made by hiring an outsourced […]

Australian Pricing Strategy

How do you ensure you stand out in a crowded market and maximise your business’s profitability? The answer is choosing the most effective pricing strategy for your particular business to ensure it remains competitive. Premium pricing Premium pricing necessitates that customers are encouraged to view products as being worth the higher price by creating a […]

How to Turn a Toxic Work Environment Around

There is a saying, “people quit managers, not jobs,” and this can be true. Many people leave jobs because of relationship breakdowns with their work colleagues. If the problems aren’t nipped in the bud, the environment can quickly become toxic. Stressful environments are not productive and can do a lot of damage to a business. […]

Getting Started in Business in Australia

Before getting started in business in Australia, there are a few items that need attention. We have many rules and regulations here and you must make sure you dot your i’s and cross your t’s before you launch in. You may have tossed around the idea of going it alone, and may have wondered what […]

How to Standardise Your Business Processes

For a business to thrive, it has to have structure in place. Think of processes as a map to help you navigate uncharted areas. It aids you in reaching your goals, which for a business represents sustainability and growth. While it sounds simple enough, standardising processes might be trickier than one could think. How exactly […]

Dad and Partner Pay in Australia: What You Need to Know

Having a family is one of the most precious things you could ever have. So when a new member comes, you have to free up time and be there to greet the baby – and that includes taking time off work. For businesses, this can disrupt a few things but if you are prepared you […]

Why You Need a Business Plan

Imagine yourself starting a new venture without an ending or a goal in mind. This can lead to mindless wandering, doubling up and in some cases wasting time. This scenario can be applicable to business as well, which is why a business plan is important at all stages of the business life cycle. A business […]

The Difference Between a Business Coach and an Advisor

When you run a business, you need to have clear vision and goals. Go in blind and you’re most likely done even before you get a comfortable stride. If you need help it’s good to know the difference between a business coach and an advisor. You need people with experience to back you up and […]

What Does an Accounting Consultant Do?

Many business owners realise the importance of monitoring cash flow. After all, it is what keeps the company running and the lights on. And that’s why smart business people hire people who will help us do exactly that. But with the range of options to choose from it’s often confusing to know which professional is […]

Formalising Business Procedures: Why It’s Important

For some people, the greatest challenge running a business is actually starting one. With the many naysayers out there, it takes a great deal of courage and bravery to power through them. And when you’ve finally proven yourself and set aside your doubts, you feel like a million bucks! While that is a difficult part, […]

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