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Develop an effective employee training program

Successful businesses don’t just invest in tools and innovation—they invest in their people. An employee training program is a strategic way to empower your team, close skill gaps, and cultivate …

Managing morale during times of change

Change is inevitable in any business, but it’s rarely easy—especially when it comes to managing morale. Whether you’re restructuring your team, implementing new processes, or pivoting your business strategy, major …

A lacklustre budget with a no better alternative calls for a more dynamic approach.

With a federal election looming amid geopolitical volatility and economic uncertainty, the tax cuts and energy relief in Treasurer Jim Chalmers’ fourth budget were overshadowed by a lack of long-term …

What is Cost of Goods Sold (COGS)?

If you’re a small business owner or a startup founder, you’ve probably heard about Cost of Goods Sold (COGS). But what does it really mean, and why is it crucial …

10 essential tips for meeting deadlines

In business, your capacity to meet deadlines can significantly influence your reputation. It’s not just about delivering quality work—it’s about delivering it on time. Meeting deadlines not only builds trust …

What is Gross Profit Margin and what does it tell you?

Managing a small business can feel like balancing countless tasks at once. In the midst of it all, one key metric stands out – Gross Profit Margin. But what is …

The rise of AI-powered fraud: what you need to know and how to stay safe

Imagine receiving a call from what sounds like your boss, urgently requesting a fund transfer. Or maybe you’re asked to verify your identity using a government ID—except the person on …

Startups gone wrong: what really causes most to fail?

Starting a business is a thrilling adventure, filled with dreams of innovation and success. But let’s be honest—it’s also a bit of a gamble. Many startups face obstacles that, if …

The human advantage: thriving in a tech-driven world

We are currently witnessing a remarkable transformation driven by artificial intelligence (AI) and automation. While these advancements promise to enhance efficiency and speed, business owners must recognise the enduring importance …

Why ‘The 7 Habits of Highly Effective People’ is still a must-read

It’s amazing how some books stand the test of time. Stephen Covey’s The 7 Habits of Highly Effective People is one of those. Although it was first published over three …

Setting and tracking financial goals for small business success

Setting financial goals for your business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections, …

Master the Art and Science of Delegation

Delegation is a skill often discussed but rarely mastered, especially by small business owners who are wearing multiple hats. The balancing act of managing daily operations while pushing for growth …

The heart of the matter – succession planning for the family business

Succession planning in a family business is a complex and often emotional process that involves more than just passing on company control to the next generation. It requires careful preparation, …

How to Prepare Your Business for the Export Market

The export market is ripe for small business expansion, provided they research the opportunities beforehand. We outline the steps for businesses looking to take the plunge. 1. Do your research …

5 proven techniques to slay procrastination

Procrastination can be a formidable foe for small business owners. With endless responsibilities, it’s easy to fall into the trap of putting off important tasks for later. But fear not! …

Unlock Sales Success

A solid sales strategy will help you consistently grow your business. It will give you a framework for generating more leads, closing more deals, and ultimately increasing your revenue. From …

Getting approved: What your bank really wants!

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you …

Protect your business: Outsmart fraud before it hits!

In the wake of the pandemic, many small business owners have become increasingly concerned about fraud. According to SAP Concur, a staggering 85% of businesses surveyed expect the risk of …

8 factors to consider before investing

Working hard can only make you more money but does not grow your money or keep it safe. And that’s where investing comes into the picture: it fights inflation, grows …

Testimonials that speak volumes: how to showcase your success stories

In a crowded marketplace, standing out can be a real challenge. One of the most powerful tools at your disposal is the testimonial—a genuine account of your customers’ positive experiences …