Will customer reviews become even more important for business growth in 2020?

If you’re running a small to medium business, you’re on the lookout for every growth strategy you can find. Growth means more clients, more sales, and more revenue. But are you overlooking one of the most important? I’m talking about customer reviews. All too many businesses think of reviews as a subset of customer relations,… Continue reading Will customer reviews become even more important for business growth in 2020?

What to do when work relationships turn sour

As in other areas of life, work relationships aren’t always a smooth ride. But rather than avoiding problems before, during and after they occur, here’s how to proactive turn things around for the betterment of your business. Most people have had to, at some point, work with people that they find frustrating. It could be… Continue reading What to do when work relationships turn sour

In business management, it’s important to know when to say ‘no’

Saying yes to every opportunity that presents itself can be tempting for the ambitious, but it’s those that master the ability to say ‘no’ to certain opportunities who are likely to experience success in business management. The mentality of always saying ‘yes’ to business opportunities and dealing with the practicalities later on is one that… Continue reading In business management, it’s important to know when to say ‘no’

5 ways to improve retention of millennial employees in your business

Loyalty and engagement aren’t necessarily easy to foster in millennial employees. But with the right approach, any manager can make the workplace a better environment for their staff. Many things affect how successful your business is and how quickly it grows. There are your marketing and sales strategies, the clientele you target, your choice of… Continue reading 5 ways to improve retention of millennial employees in your business

8 tips for maintaining cash flow during the festive season

Juggling cash flow is hard at the best of times in small business, but it’s super tricky during the Christmas and New Year period when many businesses close and consumers go on holiday. If you find the silly season a little stressful, you’re not alone. All small business – regardless of industry sector – struggles… Continue reading 8 tips for maintaining cash flow during the festive season

The solution to small business late payments (Part 2)

In Part 1 of Small Business Late Payment Solutions, we talked about how late payments are costing small businesses and that everyone – big business, small business, bookkeepers, accountants, advisors and small business advocates – all need to do their part to fix this issue. The discussion touched on the importance of technology and credit… Continue reading The solution to small business late payments (Part 2)

The solution to small business late payments (Part 1)

Noel Tiufino (Managing Partner) and Raj Saini (Partner) from MyAccounts and Angus Capel (Small Business Advocate) from Xero, recently spoke to Creditorwatch about late payments and what small businesses can do about them. In the Dynamic Business interview with Trent Innes at Xerocon (September 2019), we revealed just how much small businesses are affected by late… Continue reading The solution to small business late payments (Part 1)

Why security needs to be at the core of Australia’s small businesses

Nine out of 10 Australian businesses employ under 20 workers, making us a nation of small businesses. While there is a multitude of positives in running a small business, there are also many pressures including managing employees, servicing customers and dealing with suppliers, which means there are a lot of plates to juggle. It’s easy… Continue reading Why security needs to be at the core of Australia’s small businesses

Effective tips on investing your business profits in a limited company 

All entrepreneurs and business owners will naturally be preoccupied with making money. This is, after all, what helps you to not only continue to operate but also stimulate business growth. Generating enough revenue helps you to pay staff wages but is also key for buying stock, paying business rates and settling other bills. Not quite… Continue reading Effective tips on investing your business profits in a limited company