Should you employ friends?
Jobs for the boys – or girls – can go very, very wrong if not handled the right way. You’ve got a situation vacant in your business and a mate who’s interested. Will they be harder working and more trustworthy…
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Jobs for the boys – or girls – can go very, very wrong if not handled the right way. You’ve got a situation vacant in your business and a mate who’s interested. Will they be harder working and more trustworthy…
Read moreTreat the annual staff review process as more than just a box ticking exercise. Employee performance reviews are among the most valuable resources in a manager’s toolbox, yet many don’t know how to conduct them in a way that produces…
Read moreIf you’ve ever listened to a futurist, you’ll soon realise that nothing about the future is predictable. As a business owner, however, you’re often tasked with making decisions about what you can do now to ensure your business remains viable…
Read moreSuccess is often borne on the back of failure, but few business owners realise there’s a right way and a wrong way to fail. In the game of poker, Texas hold ’em style, each player has two cards in hand…
Read moreThere is a real difference between leadership and management: put simply, leaders lead people, managers manage tasks. Leaders know what to do, managers simply do it. It’s rare to find someone who is both a good leader and good manager,…
Read moreAustralians are drinking more coffee than ever but the challenge for entrepreneurs is finding the profitable part of the chain. For Aroma Coffee Roastery, based in Marrickville, Sydney, the sweet spot is importing green beans, roasting them, and selling wholesale…
Read moreThe first government review into the financial system in almost two decades, lead by former Commonwealth Bank chief David Murray, published its interim report on Tuesday. Here’s what it has to say about key issues affecting consumers and small-to-medium businesses. SUPERANNUATION: There…
Read moreExperts maintain that a robust business plan and strong leadership can not only position a business towards success, but can also help identify risks and define the resources required for a business to achieve its goals. Yet, while many businesses…
Read moreAustralia is the best country to do business over the internet, an index compiled by eBay and The Economist intelligence unit shows. The e-Trade Readiness Index ranks Group of 20 countries’ internet-enabled trade. The European Union is treated as a separate entity, so…
Read moreAustralia is a nation of small business owners and most of those remain comfortably a part of the small business community for much of their lifetime. While there are many positives to owning, managing and working in a small business,…
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