Category: Running a Business
As of September 2021, the Fair Work Act has been amended to include a pathway for casual employees to become permanent (full-time or part time). From 27 September 2021 all employees (other than small business employers with fewer than 15 employees) will need to assess whether any existing casual employees are eligible to be offered to convert to permanent employment.Read More
It’s no secret that starting your own business is a tough and generally takes time. There is a high rate of failure when starting up your own business. Fund Squire reports that in 2019, 20 per cent of businesses failed in their first year, and a staggering 60 per cent failed within the first three years.
Before you become another business statistic, here are top five tips to consider when looking at making your business dreams come true.
If the past year has taught us anything, it’s that things can alter quickly and sometimes those changes may be beyond your control.
But with light appearing at the end of what has been a long tunnel, now might be the time to reset your business to better position it for success.
So what’s involved in a business reset? It all comes down to knowing where you want to go, determining opportunity and casting off the things that might be holding you back, while embracing the available tools that can assist.Read More
Taking on leadership roles can be a tricky one. Not anyone can climb into the managerial role and lead a team to greatness. I feel leaders themselves should have strong values, ethics, and morals in order to get the best out of their team. They should also have goals to aim for, where they currently are, and how to fill the gap in between.Read More
We constantly hear people talking about leadership these days; but what does it take to be a leader? Does it mean that they are the best at what they do?Read More
There has been a huge increase in the number of people working remotely due to the pandemic and lockdowns, and we know that the more we work online, the more ‘virtual clutter’ we create making us more distracted and less productive.Read More
No one likes to talk about money when it comes to starting a business, but it’s the elephant in the room because you need money to make money. Finding investors is one approach, while others need to apply for a business loan. Funding your business is like putting the right kind of fertiliser around a tree when you plant it, it builds strength and resilience so that the first obstacle doesn’t defeat the business. With uncertainty in business in the wake of COVID and the subsequent lockdowns, having sturdy financial backing is even more important than ever before.Read More
A high performing team lives and breathes the values of your business. They demonstrate these values in the attitude they bring to their work, in how they communicate as a team, with other team members and with customers and suppliers.Read More
Every small business needs sound financial management to ensure that resources are used effectively, cash flows are managed and anticipated growth can be adequately planned for. While some owners, particularly of cash-strapped start-ups, may find allocating time to financial management difficult, it is essential to get on top of your finances.Read More