Australia is known for unique natural wonders like coral reefs and waterfalls, beautiful beaches, kangaroos, and… business opportunities? It’s true! Australia’s healthy economy, efficient markets, strong public and private institutions, and quality ...
As a business owner, you may find yourself hiring a variety of staff, some of whom may be working holiday makers (aka backpackers). Working holiday makers have tax obligations and if eligible, then superannuation entitlements. From 1 January 2017, if you ...
Your business vision is the heart of your business. It’s what motivates you and your employees to work hard, try new things, and reach out to new customers. But Gallup found in a recent survey of 49,928 businesses that only about four in ten employees ...
To hire a generalist or to hire a specialist - it’s an HR debate as old as whether education trumps experience on the resume. Some argue that a generalist (or a jack of all trades) gives you most bang for your buck. A generalist has diverse experience, ...
Getting your pricing strategy right can have huge benefits for your small business. It sounds so simple: set your prices to the spot where your customers are willing to spend and you’re still covering your costs. In reality though, pricing strategies can ...
A good business growth plan is strategic. It takes you from where you are today (with your resources, abilities, and vision) to where you want to be in the future. “The future” should be a fixed point in the future, say three to five years out. When you ...
Are you running into problems with your succession planning? As you’re probably aware, succession planning is essential for a smooth transfer of business ownership. When succession planning is done well, leadership is developed in a timely manner and the ...
When you own a business, estate planning becomes a bit more complicated. This extra complication is precisely the reason you should take care of your planning now, instead of putting it off for later “when you’ll have more time.” As any business owner ...