In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a […]
Business growth – is that what I should be striving for? Grow your business, scale your business, fast growth strategies, build a $1M+ business … I seem to be bombarded by these message from every direction, and just like the lights of Times Square, they’re mesmerising and exciting and I wanted to be a part […]
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Xero is full of reports, and they’re available for you to download at any time. So why should you publish them too? Seem’s like an added job that’s just going to take up time. Right? Um … no! We strongly recommend that you get into the habit of publishing your reports in Xero. They give you […]
The world has changed. Work has changed. The possibilities provided by cloud and mobile technologies are beyond what most people would even have considered possible just a decade ago. But have you adapted and updated your systems to keep up with — and take advantage of — these exciting and fast-moving changes? Or are you […]
Read More… from Team communication tools: how to free up 25-30% more time in your business
“The cloud” is a phrase that means something very different these days, due to the increasing use of cloud computing. But what exactly is cloud computing? And is it a good option for your small businesses? First, a quick definition. Without getting lost in ‘geek speak’, cloud computing simply means both the software apps you […]
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Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week, month or however often you […]
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Success in business requires a number of essential ingredients. A sound strategy. A robust business model. Effective planning. Strong financial control and bookkeeping. A good team. Great systems. Measurement. Focus. But you know what? Even all those elements are not enough without this skill: Execution. Call it “Getting Things Done”, making things happen, the action […]
How’s your filing system? Paperwork everywhere? A few different filing systems on the go? Okay in theory, terrible in practice? There’s no right or wrong when it comes to filing. As long as you have a filing system that’s going to work for you and stick to it, you should be okay. You may not consider […]
Any business that isn’t planning for the future is planning to get left behind. While most business owners know that budgeting is a critical part of their planning, there is some confusion about which components should be included in a budget. There are three critical elements. Together, they provide the oversight you need for your […]
“I get all my business from word-of-mouth marketing.” “I’m a referral business.” “I don’t have the budget for marketing.” “I’m just too busy to market my business!” If you find yourself saying any of the above, it’s likely that you experience considerable peaks and troughs in your small business. Why? Because it means that you […]
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“You need to work on your business, not just in your business.” Made popular by The E-Myth Revisited author Michael Gerber, it’s advice I’m sure you’ve heard dozens of times over the years (I certainly have). But despite being told over and over again, many small business owners still don’t seem to truly understand what […]
Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from one pay period to the next. With the ageing population and many Baby Boomers now continuing to work—at least on a part-time basis—past the traditional retirement age, people are working more years than ever. Even […]
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An elite level sportsman, peak physical condition, no family history of heart attack, no substance abuse, 35 years old. That doesn’t sound like a candidate for a heart attack, does it? I was eight months into my last pregnancy and Jason had an injury on the cricket pitch which caused a very bad bone break […]
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Do you have a personal budget? If a business owner said to you that they run their business without a budget or financial plan, what would you think? But what do most families do? When you think about it, a family is actually a mini business. There is income, there are expenses and there is, […]
Cloud computing and web-based apps have undoubtedly improved business efficiency. But once you and your team start using various online apps, one aspect quickly becomes inefficient (not to mention downright annoying): having to repeatedly enter usernames and passwords to log in. It’s bad enough having to enter a multitude of login credentials when you first […]
It’s great that you’re passionate about your hairdressing salon, and you offer an amazing service to your clients. But is your lack of good hairdressing business systems losing you money? Wasting you time? Causing you stress? Without good business systems you’ll also spend way too much time putting out fires or reinventing the wheel, when […]
As a business owner, do you or your managers spend a lot of time recruiting, conducting exit interviews, and onboarding new staff? When the ‘revolving door’ in and out of your business doesn’t stop revolving, it can impact so many parts of the business that it soon becomes a priority to address the problem. A […]
As much as you try to share skills, knowledge and information in your company, you probably have some people who are key to your business’ success. It might be a Director or the CEO, whose vision made it a success in the first place. It might be your star salesperson, or someone in your IT […]
Read More… from Could your business survive losing one of its key people?