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 [...]

2021-02-23T15:16:29+10:00June 17th, 2020|Uncategorized|Comments Off on The Importance of Diversification in 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 [...]

2021-02-23T16:07:01+10:00June 13th, 2019|Uncategorized|Comments Off