The end of the financial year is fast approaching and for many business owners that means now is the time to start preparing for that annual trip to the accountant.
There is stock to be counted, employee payment summaries to finalise, and profit and loss statements to prepare.
So as the countdown commences, here is an EOFY checklist for business
Hire the right staff and they will not only support you in your business, they might even provide the acumen and skills to take it to the next level.
How? Well as a leader, you don’t want to be the smartest person in the room, you just need to have assembled a team who can get the job done while problem solving and delivering real value to your customers.
So, you’ve spent years building a pretty successful business, but now things have reached a...
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When we enter business it’s often with short term goals front of mind, such as making a profit,...
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You can talk growth, vision, business mindset and numbers, but one often underestimated asset of the most successful businesses is culture.
This near unquantifiable X-factor is all about the team ethos. Get it right, you attract great staff and great customers. Get it wrong and your business can be a minefield of poor service, staff personality clashes, and lagging morale.
So, what is culture, why is it critical to business and how do you set yourself up for a positive workplace?
One of the biggest mistakes most business operators make is to get so caught up in the day-to-day operation of an enterprise that they fail to work on, not just in, their business.
So how do you shift the focus? Well it’s about prioritising, keeping the big picture in mind, and knowing when to delegate tasks to other staff members or an external person.
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As the countdown commences to Christmas, the big guy in red isn’t the only one who should be...
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We hear a lot about visions and missions – these bold statements etched into the websites and walls of businesses and big corporations. But amidst all the careful crafting, big hopes and dreams, why are these words so important, what’s the difference between a vision and a mission, and where do you begin when it comes to creating them?
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When it comes to business, too often business owners become bogged down in the day-to-day running of things. We get caught up in the operation but fail to look at the big picture of what we hope to achieve and how. Success can be whittled down to a number of factors by answering some pertinent questions. These are the questions a business owner should be asking in order to achieve success.
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Whether you’re looking for funding, setting up a business or examining growth, a business plan is...
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