Category: Running a Business

The three pillars of preparing your business for sale

There comes a time in (most) founders’ lives when their thoughts turn to selling their business.  For some, it has always been the objective, and for some a gradual realisation that this is the endgame.  Regardless of how this objective has been arrived at, the key to a successful exit is preparation, preparation, preparation. 

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How To Find a Business Partner in 2022—Top 6 Tips

Starting your own business from the ground up is quite a bold step. It is a considerable challenge, especially if you’re on your lonesome and have to get everything up and running yourself. That is why, ideally, you’d find a business partner to share that sweet burden of raising your fledgling business and turning it into a serious brand on the market. After all, a successful business partnership is your ticket to the big leagues.

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End the Financial Year in the Strongest Position

For many Australian small businesses, the financial year end in June is met with groans and a seemingly endless set of accounting tasks from wrapping up outstanding payments or purchases, to chasing receipts and preparing PAYG reports for employees.

However, smart businesses can use this time to understand exactly where they will land at the end of June and what that means in terms of profitability, cash, and tax planning to end the year strongly and set the foundation for a better new year ahead financially.

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HOW TO: CREATE AN EFFECTIVE SOCIAL MEDIA MARKETING STRATEGY

Even before you get your first customers, it’s important to think about how you’re going to market your business effectively. This guide will walk you through the steps of creating an effective social media marketing strategy that will bring you success in any industry, from brick-and-mortar shops to ecommerce stores, service providers and beyond.

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