Business

Succession planning for family businesses has a number of factors that could impact the decision to pass the business on to the next generation. Namely,  you’ll be looking for someone in the family who is willing to assume the responsibility.  But if you intend to pass your business down the family tree there are also […]

The trust that your customers place with your business often revolves around the personal information that they have shared with you. Contact details, payment information, and even their demographical data are stored within your databases.  That’s why it’s critical that your business maintains confidentiality and the trust that has been established with how you use

Promoting a fair and equal workplace is not only a common concern for leaders of corporate giants but a challenge for small business owners as well. Your team is essential to the long-term success of your business, so it is vital that each staff member has an equal opportunity for recognition and reward, no matter

When you are first setting up a business, understanding exactly what you are setting out to achieve can be daunting. But a business plan takes some of that stress away by helping to cement your business idea into achievable goals. It can be as simple as dot pointing your strategy on the back of an

All businesses, at one stage or another, will have to go through significant change. During the last few years, it’s safe to say that many businesses have felt the impact of these changes, whether they were big or small. Change is necessary for growth but accepting the need for change can be difficult for some.

Preparing a business for sale is a complex and often long-term process, which requires a lot of preparation and planning. Yet few business owners are prepared when it comes time to be sale-ready. Exit planning involves careful preparation and consideration of the business, tax and legal implications. Here are five tips to help business owners

With the stress of the holiday period behind us, there are plenty more times throughout the year that cash flow issues can become a recurring problem that you need to get on top of for your business. Small businesses with cash flow problems may put themselves at risk of failing or suffering significant financial hardship.

Summer falls into autumn, and winter’s close behind. As the seasons change, small business needs to be taking note and planning. Seasonal changes can impact and correlate with the changes in purchasing habits for a business’s customers, or they can suffer. Individuals are more likely to purchase certain products or access certain services more than

Are you thinking about creating your own small business? Are you trying to work out exactly how your niche talent could make it amidst the bustling competition around you? In a world dominated by freelancers, it’s essential to find a way to stand out among the crowd. Let’s have a closer look at small business

Are you an SME who has felt the impact economically by COVID-19? Could you use financial assistance to get back on your feet? Might be time to consider the SME Recovery Loan Extension. The SME Recovery Loan Scheme extension to 30 June 2022 is now in place with a reduced Government guarantee of 50 per