business advice

Does Your Business Model Still Cut It?

The business world in this millennium is certainly one that is forever changing and in some cases the old tried and tested business models that owners have relied on in the past are just not delivering the growth, profit, customer or staff satisfaction or shareholder returns that they used to. In order to keep on [...]

2020-06-24T11:23:32+10:00June 24th, 2020|Uncategorized|Comments Off on Does Your Business Model Still Cut It?

The Importance of Diversification in Business

Whether you’re setting up a business plan for a new business venture or are compiling a business development plan for an existing business it’s important to undertake a SWOT analysis.  Part of a SWOT analysis is to minimise weaknesses in a business and one thing that is overlooked is how diverse the business is. An [...]

2020-06-17T11:55:07+10:00June 17th, 2020|Uncategorized|Comments Off on The Importance of Diversification in Business

Achieving Financial Freedom with Your Business

Many people start a business in order to achieve financial freedom, but instead may end up with less freedom and more stress!   Many assumptions can be made before going into business which is why the first question you need to ask yourself is what are you hoping to achieve? Financial freedom can mean totally different [...]

2020-05-28T10:45:30+10:00May 27th, 2020|Uncategorized|Comments Off on Achieving Financial Freedom with Your Business

Thinking of Selling Your Business?

If you know that you are going to want to sell your business you need to start having that conversation with your business advisor and/or accountant at least 2-4 years before you want to sell. As it takes on average between 6-12 months to actually sell a business, this allows you plenty of time to [...]

2020-06-29T16:47:44+10:00February 26th, 2020|Uncategorized|Comments Off on Thinking of Selling Your Business?

Succession Plan – An Often Overlooked Essential in a Business

A succession plan isn’t a one fit all plan it has to be individually tailored to each company. It also needs to be regularly reviewed as the business evolves as well as the roles of key personnel &/or partners within the company. Succession planning isn’t just for the director of the company, there should be [...]

2020-06-29T15:48:22+10:00June 20th, 2019|Uncategorized|Comments Off on Succession Plan – An Often Overlooked Essential in a Business

What is Risk Management & How it Can Help Small Businesses

We all know that running a business means encountering some degree of risk, that doesn’t mean that the risks can’t be minimised however.   Welcome to the world of risk management. A Risk Management Plan is exactly what it sounds like, a way to manage risk within your business.   There are a number of different business [...]

2020-06-29T15:46:04+10:00June 13th, 2019|Uncategorized|Comments Off on What is Risk Management & How it Can Help Small Businesses
Go to Top