Deloitte has tipped the 25 highest growth sectors of Australia’s economy for the next 20 years, which the professional services firm expects will add $400 billion to gross domestic product over that period. As the current growth wave of mining subsides,…
As a consultant I sometimes spend more than a reasonable amount of time on planes. Recently I travelled between New Zealand and Australia several times over the course of one week. During one of my many visits to an airline…
When can an insurance adviser add value to an enterprise? There are many occasions. Insurance brokers will tell you that as the experts in their field, more often than not they are best placed to calculate all potential risks and…
Treasurer Joe Hockey spoke about “firing up the economy”, and yet the budget he outlined was uninspiring and disappointing for entrepreneurs. There were some positive measures announced in tonight’s budget, particularly the $20 billion medical research endowment, which will spur…
It’s time to stop talking about “marketing campaigns”. With $83 billion lost to poor customer experiences each year, the critical impact your brand experience has on your bottom line has never been more evident – and this figure means marketers need…
The local “IT guy” who installs and maintains computers for small businesses is facing a bleak future. Cloud software and services are easier to buy and manage andoften a lot cheaper than running your own server. Even Microsoft has terminated server software for…
So, you have a million-dollar business idea, but haven’t started working on it. You might be wondering: “do I need a co-founder?” Most successful start-ups or tech businesses have multiple founders. Google, Facebook, Twitter, LinkedIn, YouTube, Groupon, Uber, Square, Instagram, to…
Small businesses are continuing to embrace teleworking, with new research revealing almost two in three allow their employees to telework. The research conducted by MYOB found the number of SMEs accepting teleworking has jumped 7% since March 2013 from 57%…
Supermarket chains, franchisors, finance companies, telcos and shopping centre landlords may have to rewrite their standard contracts with small businesses once the budget extends legal protection for SMEs. While Tuesday’s budget is not expected to contain any big-ticket sweeteners for small…
1. Clashing Vision Problem: Partners often don’t voice their vision for the business beyond simply making money. People usually go into business together for financial reasons but end up spent because their values, goals and dreams are fundamentally misaligned. If one…