Blog
Accelerate Revenue Growth Plans
Are you ready to accelerate revenue growth plans for your business? Is your mindset focused on looking for the new revenue opportunities coming from the pandemic? It is already clear that some business owners are adapting to new ways of doing business whilst others...
Changing Times for Aged Care Service Providers
The Royal Commission into Aged Care has highlighted the chronic state of many aged care service providers in the industry. With so many cases of organisations behaving badly this has increased focus on the aged care business model itself. We know there are many...
Our top 10 challenges facing SME businesses in 2020
The economy is in a state of uncertainty because the stock and property markets are suffering significant volatility. The impact of corona virus on tourism and tertiary education sectors in particular, is making for a challenging start to 2020. All SME businesses will...
Early Stage Revenue Growth is Hard?
What Percentage of Small Businesses Fail?
The fast answer for what percentage of small businesses fail, according to data from the Australian Bureau of Statistics: about 20% fail in their first year, only 70% of businesses will survive their second year in business and about 50% of small businesses fail in their fifth year. The good news is about 30% of businesses will survive their 10th year in business.
Change Management and Communication Begins with the CEO
In many SME businesses we regularly witness a change management culture that is toxic towards the CEO/business owner. The ramifications for the organisation can be the difference between success and failure of your business, particularly when you need a big staff...
Retail Franchise Industry faces challenging times
The retail franchise industry is facing challenges, including economic volatility, heightened international competition and legislative challenges. Because of recent high profile cases behaving badly there is greater focus on the retail franchising business model...
What has gone wrong with SME banking relationships in Australia?
The Banking Royal Commission has recently started taking submissions from Australian SME business owners and the tales of horror are very real for many families caught up in the grip of our major banks acting badly. The way our family business owners are treated by...
Top 10 business challenges facing small business owners in 2018?
In what is becoming a tradition this time each year we have been talking to SME business owners about the key business challenges facing them including customer experience, product and services innovation, staff productivity and sustainable profitability amongst other challenges and what they expect to have the biggest impact on their businesses during the next 12 months?
Creating a positive workplace culture in your family business
As a small business owner, and advisor to other SMEs I get the chance to regularly check in on what is happening in the office and get to talk to many staff. Not surprisingly, generating revenue growth and financial survival is the highest priority. However, for many...
How to increase revenue with an effective content marketing program
Creating an effective content marketing strategy is one of the hottest topics in SME business circles in 2017. From personal experience I can vouch that many SME business owners lay awake at night wondering just what is needed to break through to the right prospects when it comes to content marketing. There are so many channels to work through and so many “experts” who will guide you it is not long before your head starts to spin.