Tag: Business Health Check

It is always essential to satisfy the immediate needs of your customers when you start running your business. But when you are swamped with doing just that, how do you know that your methods are still effective. How do you gauge the success of your company against the effort you put in?

This is precisely why a business health check is important. Similar to a living person, having a constant checkup will ensure that you are looking out for whatever problem, no matter how small, so that you can act on it before it gets worse. It helps you keep that optimal performance and feel safe that nothing is going to be unnoticed.

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. […]

The Meaning, Benefits and Process of Business Health Check

What do you think the term Business Health Check Means? Most owners of small and medium enterprises are so focused on satisfying the immediate needs of their customers, staff or suppliers that they forget to plan for the future. When all you think about is working “in” the business without giving a thought to working […]

Facebook
Twitter
Instagram