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2025 Tips for Small Business
Key Business Tips for a Successful 2025 In 2025, the business landscape continues to evolve at a rapid pace. To stay ahead, businesses need to adapt, innovate, and focus on strategies that drive growth and sustainability. Here are some key tips for a successful 2025:...
Know your numbers
Know your numbers In the high-stakes world of business, knowing your numbers is akin to having a reliable compass. It guides you through the complexities of decision-making, strategy formulation, and performance evaluation. This understanding is not just a...
Embracing a Growth Mindset in Business
Embracing a Growth Mindset in Business: The Key to Sustainable Success In the ever-evolving world of business, the concept of a “growth mindset” has gained significant traction. Coined by psychologist Carol Dweck, a growth mindset refers to the belief that abilities...
Virtual CFO and How Can They Help My Business
What is a Virtual CFO and How Can They Help My Business? In today’s fast-paced business environment, small and medium-sized enterprises (SMEs) often face the challenge of managing their finances effectively without the resources to hire a full-time Chief Financial...
Transforming Family Owned Businesses into High-Performing Enterprises
Transforming Family Owned Businesses into High-Performing Enterprises Family-owned businesses are the backbone of many economies, offering unique advantages such as strong values, deep-rooted traditions, and a personal touch that larger corporations often lack....
Preparing Your Business for a Successful Year Ahead
Preparing Your Business for a Successful Year Ahead As the calendar turns and a new year approaches, it’s the perfect time to reflect on your business’s past performance and plan for future success. Preparing your business for the year ahead involves strategic...
Creating a thriving remote workforce: Employer’s Guide
In the wake of a global shift towards remote work, employers are tasked with the challenge of ensuring that their teams are remaining productive, engaged, and happy. As an employer, here are some strategies that have proven effective in making working from home a...
Profit vs Cash Flow
Profit vs Cash Flow Profit: The Bottom Line Profit is ultimately what’s left over after all the expenses have been accounted for in any business. Here’s how it works: Definition: Profit represents the amount of money left over when you subtract all the costs...
Pros and Cons of using overseas outsourced workers
Utilising workers in either another state or country has become more and more popular in recent years. Small businesses are using this increased resource to help build capacity and access skills that they may not have access to in the current local labour market. As...
Small Business Strategies for Improved Cash Flow
Negotiate quick payment terms from customers After making a sale, negotiate payment deadlines and terms with your clients. Consider requiring upfront deposits, instalment plans or % discount for early payment Offer multiple ways to pay credit card, laybuy,...
Save money in your small business
Money saving tips Money is tight at the moment for most small businesses, so what are some strategies to help pick and choose what costs to cut? Unfortunately there is no easy way and each decision will have flow on effects. There will be some 'low hanging fruit'...
Superannuation changes for 2023
Superannuation changes 2023 It wasn’t really announced with the budget, but it is something in the background every year that Super Guarantee (Superannuation you pay on employee wages) is going to increase by 0.5% year on year until it reaches 12% in 2025. This is...