Category: Business Advisory

Anyone would agree that having a business is a great way to generate steady income if you play your cards right. When you have one, it enables the money to work for you and not the other way around. But as enticing as that sounds, you can get into sticky situations when you’re not sure what to do. That’s why business advisory is important.

Business advisory is a service that encompasses all functions involved in running a business. From thinking of starting one to creating standardised procedures, having someone who can provide sound insight on what you should do is valuable. It is what separates those who are successful from those who fail in this venture.

Pricing Strategy Essentials

Pricing strategy essentials – Finding the balance between pricing for profit while remaining competitive. Poor pricing strategies can damage performance and bottom line. Not only do many businesses have the opportunity to increase their profits simply by adjusting their pricing strategy, but poor pricing strategies can actually damage a business’s opportunity for a prosperous future. […]

How to Succeed at Winning Government Grants and Tenders

The Australian Government earmarks billions of dollars in funding each year in the form of grants and incentives to help companies start up, nurture and scale their business.  Australian governmental support for entrepreneurs is regarded as world-class and not surprisingly there is fierce competition for the funding. Funding organisations receive many more applications than they […]

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 […]

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 […]

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