Maybe you’ve managed to do well when you first launched your small business, but not as great as you had initially planned and anticipated. Of course, it’s normal to have big expectations and achievements for the forthcoming years. Still, without any improvements to the business, the chances of success and meeting your objectives are small.
Recent research shows that at least 82% of small businesses end up failing because of poor cash flow management. That’s why if you run a business and want to make it successful, here are tips that can help you avoid cash flow problems.
Today’s industry is fiercely competitive, and if you want to stay afloat as a growing enterprise, you’ll need to bring consistent work to the table. You’ll have to develop many aspects, from how you use social media to how you plan traditional marketing campaigns.
Now that medical experts and scientists have developed vaccines to mitigate the effects of the virus, a lot of businesses are slowly implementing post-pandemic strategies to get ahead of the curve.
While there is no such thing as a perfect formula for starting a small business, here are 3 practical ways to drive your startup business to success.
The purpose of the JobMaker program is to underwrite an increase in the number of jobs, qualified employers must comply with a series of other requirements, including headcount and payroll adjustments, to show that they are generating new job vacancies.
Today, many Australians are looking forward to gaining control over their superannuation, as they’ve grown more interested in it. This is connected with the fact that about one-third of the overall superannuation funds are held by SMSFs, and are usually the favoured option for individuals who are particularly active with their superannuation and retirement schemes.
None of us can predict what 2021 will hold—but it’s guaranteed that digital adoption will continue to have a transformative role on the way we do business.
A handbook, alone, won’t cut it. Ongoing training is key.
Ahead of the festive season, we conducted a survey analysing the shopping intentions and behaviours of 1,000 Australians, and how they feel about purchasing from small businesses for Christmas presents this year.