Discover valuable business tips and insights from successful entrepreneurs, coaches and industry leaders. Thrive in today’s competitive business landscape!
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Whether you’re solo or scaling, here’s our go-to list of tools (some free, some freemium) that help you eliminate repetitive tasks, save time, and run your business more efficiently — without the bloat or overwhelm.
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How to Run Your Business While on the Move
So you’re at that spot in your business where you’ve decided to go travelling. Your business is all set up, you’ve listened to everything I’ve said, you’ve got fantastic documentation processes, you’ve got great accountability practices and all of your staff are ready to see you leave. Bon voyage! So, you’ve now decided what do you pack? What if something goes wrong? How do you do this?
Don’t Drive Down Your Bottom Line
$3 a kilo, $3 a kilo, $3 a kilo, $3 a kilo! Oi, they’re selling bananas over there for $3 a kilo. What are we going to do? Oh, we’ll do it for $2 a kilo. $2 a kilo, $2 a kilo, $2 a kilo. Oh no. Now they’ve mimicked us and they’re doing it for $2 a kilo. What are we going to do? The answer is not to drive your prices down. You need to embrace your competition. Make sure that you’re one with your competition.
4 Ways You Can Initiate Tough ConversationsCongratulations! You’ve reached that time in your business where you have to have a tough employee conversation. Yuck. No one likes this, and if you’ve got a great team behind you (I’m lucky enough to have a team of unicorns) you don’t have to have the discussions too often, but it still happens. When it does happen you need to be able to have that conversation. Delivering negative feedback isn’t easy, but it’s a necessary part of being a manager and a team leader.
Do You Want to Start a Business? If you want to start a business, there are a few keys things that you have to do which apply to all businesses in Australia. You need to get an ABN, register a business name and GST, test your products, find clients, make a business plan, prepare an easy-to-follow structure regarding managing your business and think about further product development.
Outsourcing IT Management: How Do They Stack Up?
In Australia, some business owners or managers outsource when they need assistance executing new projects. Outsourcing IT management and monitoring to a third-party provider allows them to increase their agility and overcome short-term capability deficiencies. If you decide to try IT outsourcing, you can choose between two different approaches: staff augmentation and managed IT solutions.
Your business is either lagging or leading when it comes to technology. You can’t be sitting around in the same gear that you’re on because you will be pushed back into the past. You don’t want that. You can’t be scared of technology. The invention of the wheel, that was technology, the light bulb, that was technology and these are things that we all just take for granted nowadays. But if you don’t stay on top of the technology, other cool things come out and they will take its place. So today we’re going to be talking about why technology matters in business and how you can utilise that to make your business grow.
Bring peace and harmony into your workplace. Today we’re going to talk about what’s important in the workplace. This could be anything from that coffee machine to anything else that you think people hold value to. I find, for us, there’s a lot of things that really just pump up people’s spirits. We have a pool table and ping-pong table so that when people are keen on Friday knock-offs, they’re able to kick their weekend off with a bit of a laugh.
https://www.youtube.com/watch?v=hEr4l5mAHbU
Some people might think it’s your staff. Others, your product. Some people, the relationships that you have with clients. So, what I would like to talk about is what I believe the most important thing in business for absolutely everyone: attitude and knowledge.
Wow! We’ve got a bore of a question that came in. Do we think employees, generally speaking, are an asset or a liability? That’s a great question, and it all depends on your environment and the ecosystem that you’ve brought them up in. It depends.
Today we’re talking about your online presence. Your online representation is so important because this is what new customers will look at before deciding to use your products or services. First impressions really do count in business, so let’s take a look at how you can monitor your online representation.
Need to Move Office?
How to keep business as usual when you’re moving office? At some stage throughout your business career, you’re going to have to move office. It’s very unlikely you’re just going to be sitting still in the same spot as when you started. When that time comes, you need to do some prior planning. This will make sure that you don’t have any services go down and your customers can still contact you and ultimately as far as anyone externally is concerned, it’s business as usual.
Aussies are usually careful when it comes to technology. Despite this, people can always make easy mistakes if they aren’t careful. If you want to improve your IT system, we’ve enumerated some common technology mistakes that you can easily avoid. They are either software or hardware-based, or a mismatch of both. The common reasons for these problems include cost-cutting and inadequate planning. Foregoing purchases and delaying implementation are very costly that they exceed the costs of due diligence. Most of the time, clients come running when the fire has burnt half of the building when in fact it only started with a spark on a small fuse.
Just because you wanted to have a business in Australia does not mean you can run one at will. It’s much more complicated than that, just like it is to cook up a good barbie. There are rules and regulations that you need to follow strictly. Rethinking your venture? Hold your horses and read this post first to find out what you are up against and how you can handle them. Today, we will cover all you need to know about outsourcing compliance for small businesses and compliance requirements in Australia.
How to Outsource Customer Service for Growth
In 2019, outsourcing customer service is very popular. Outsourcing customer service has many benefits that can help your business grow. It allows you to scale up the business by concentrating on other facets, bring down costs and most importantly provide you a good quality & professional touch to your entire operation. People who are qualified to handle customers are a huge asset to every organisation. These people can be sourced online, but how do you do it?
How to Reduce Churn Rate of Your Startup
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.
A Step-by-Step Guide to Starting a Business in Australia for Foreigners
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.
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