Effective feedback or the lack thereof, has the power to make or break an organization. If handled properly, it has the potential to transform the efficiency and performance of any workplace. And yet so many people fail to harness the power of simple and consistent feedback that could contribute exponentially to their growth. Giving and receiving feedback is a dynamic … [Read more...]
Will You Innovate or Be Disrupted?
In a world of rapid innovation and change, it’s challenging to keep up, let alone know how to pivot, shift or transform your business without wasting time or money. You might hear about disruption, technology and megatrends that affect the world and your industry but have no idea how to implement change or take competitive advantage of what's new. Find out more … [Read more...]
Is your business ready for Tax season?
Even if you have nothing to report this quarter, you still must lodge a nil activity statement. The easiest and fastest way to lodge is online. Simply select the 'Prepare as NIL' option on your activity statement form and you won't need to fill in each label as a zero. You can lodge online through the ATO business portal or through your myGov account if you are a sole … [Read more...]
Five business strategies to get you up when the economy is down
Every few years, the business cycle turns down and things get tough. For good business people this is a sign to get going, because with competitors struggling, it is a great time to build your business. There are two key areas you need to focus on; your survival and your growth. This paper outlines just five things you must do to make the best out of general business downturn. … [Read more...]
Family Business -What do we know about them?
Family business has a very low profile in Australia. Despite this, a 2013 inquiry by the Australian Parliament Senate, reported that approximately 70 per cent of businesses in Australia are family businesses. They are therefore ALREADY a vital component of the Australian economy, and the Australian Government recognises they have even greater potential. In the near future, they … [Read more...]