Blogs

Why should an SME business have a Board?

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Why should an SME business have a Board?

Over the years we have worked for many small business owners and universally the most successful are open to scrutiny by a Board and/or mentor to provide a sounding board for significant business decisions and to also act as a filter to assess business risk. Unfortunately we are called occasionally to sort out problems after the bad decision has impacted negatively on the finances of the organisation and/or key pe

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Making Things Happen in Business

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Making Things Happen in Business

I have been inspired today by listening to the founder of aussieBum, Sean Ashby talking about his business that in 14 years has gone from him being a beach bum at Bondi to a major internationally successful Australian retail brand. How did this happen? We have had a GFC and political uncertainty around the world. Yet here is a guy who has made it happen through passion and servicing the needs of his customer every single day over 14 years. Wow all business owners can look at this phenomenal success story and say there must be a secret.

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In a fast moving business environment successful CEOs have to lead from the front

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In a fast moving business environment successful CEOs have to lead from the front

If you are the CEO of a small to mid-sized (SME) company, your business can’t afford to be slow to respond to business opportunities, lose key staff, or fail to adapt to necessary change.

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Do you have a great business Idea?

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Do you have a great business Idea?

Many people who have an idea or invention are keen to raise capital but unless you have put in the work to build a solid business foundation or have the right business acumen your idea is never going to be realised.

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Cashflow Uncertainty Remains Major Concern

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Cashflow Uncertainty Remains Major Concern

Eighty-one per cent of small and medium sized businesses (SMEs) owners experienced cash flow issues in the past 12 months and 47 per cent believe their cash flow situation has worsened over the year. These are the findings of the latest Bibby Barometer – a bi-annual small business sentiment survey launched this month.

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Succession Planning for Success

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Succession Planning for Success

There are compelling statistics about the scale of the succession planning challenge facing small business in Australia over the next 20 years. Here are a few facts based on an RMIT University survey carried out several years ago.

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