It’s important for business owners to understand the ins and outs of operating a business. Read on for some business tips and best practices that you can take advantage of.
Like your life, the health of any company cannot be measured just by profitability. There are many other metrics that you need to look at. One of the most important commercial metrics on your growth rate is the “churn rate”. This metric is more important for SaaS (Software as a Service) and other subscription-based businesses.
Congratulations! You are finally going to become your own boss. You’ve rolled the dice and decided to start a new business venture in a foreign land. Starting something new is always terrifying and the excitement that accompanies it is an incredible feeling.
You want to do everything just right and leave no room for mistakes. For foreigners starting a business in Australia, the process can be hard. This will be especially true if you don’t know the right order in which to proceed. This post will help you sort it all out. Read on to find a step by step guide to starting a business in Australia as a foreigner.
Understand the legal side of starting a business in Australia.
If you want to start a business in Australia, you must adhere to a list of legal requirements for starting a business in Australia. You have to be legally compliant and well aware of all the rules and regulations that are applicable to your industry. If you don’t, you might end up making some friends at the ATO or the police!
Importance Of Strategic Management in IT Companies
Information technology is a big part of every business. There was a time when technology was frowned upon but now in today's world, everyone wants a piece of the pie. The good thing is that IT makes work easy, accurate and quick. On the flip side, if managed without care it can cause major headaches In today’s business, the key to success lies in Strategic Management. In its absence, the business will lack direction and eventually go belly up.
Today, we've been asked about hiring remotely and it's an interesting one, because here at Dorks Delivered we do hire abroad and think it can be fantastic when done properly. We have people that work within Australia, as well as people that work overseas for us. The reason we decided to hire people remotely was due to a couple of factors. The main one is that we operate an IT company. As part of our business we need to monitor and manage other companies, and a lot of the time we needed to do this overnight. If we can monitor and get the work done during the off-peak time for these companies, we can make sure that they have their uptime and integrity during the day. Remote hiring is perfect for this, and perfect for some parts of our business.
An Information Technology Infrastructure Library (ITIL) is best described as a framework with a set of best practices for providing competent IT support services to an organisation. In a nutshell, ITIL’s goal is to produce affordable IT service management. Its aim is to deliver cost-effective IT Service Management. Resource optimisation is the prime area of focus of ITIL. Why is it the prime focus? It regularly reviews the current processes to know where further improvements are needed. Technically speaking, it refines the processes to be as perfect as possible.
When did your IT guy last pay you for downtime?
Work with a Managed IT company who can help you streamline your systems and operations management. Implementing high‐tech solutions to ensure the integrity, uptime and accountability of all internal system processes gives you the assurance that you have continuity.