Between 2010 and 2016, cash purchases fell by 46% in Australia. During the same period, credit card sales dropped by 11% and debit card purchases increased by 56%. During the same period, the … [Read more...]
Think agile and adaptable
We should be more open and adaptable to change, and open our eyes to what we can take from our own businesses and adapt it to others. For example, the idea for the McDonald's drive-through actually … [Read more...]
Seven ways to use texting in your small business
As small businesses look to grow, text messages should be a medium they consider to attract new, diverse customers. Text messaging can be leveraged with high success rates in sales and marketing … [Read more...]
Convenience still holds a slice of the bread market
In Australia, bread sales at gas stations and convenience stores has steadily declined over the past 15 years. There are a number of factors contributing to the decline. Convenience stores and gas … [Read more...]
Why business restructuring is the best debt solution you’ve probably never heard of…
Debt restructuring is a process that allows a private or public company, or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to … [Read more...]
How to raise funds from your existing equipment
Using Sale Back financing has been used by business to alleviate an immediate debt load, to obtain better finance rates at the end of existing contracts or loans, to expand and to purchase land both … [Read more...]
New world of GST codes makes for simpler BAS
Starting on July 1, 2017, businesses in Australia with turnover of less than $10 million will have a much simpler accounting process to adhere to. In the past, small businesses had to classify income … [Read more...]
How to avoid the premature closure of your small business
You can prevent the early failure of your small business by following these five points. Manage your time properly to ensure you are attending to all important aspects of your business. Speak with … [Read more...]
Calling all regional entrepreneurs and small-business owners!
Australia Post Regional Pitchfest is an annual event sponsored by the Australia Post. Individuals from the region are invited to come pitch their new and innovative business ideas to a panel of … [Read more...]
The key steps to creating a uniform dress code
A uniform dress code will clearly show what is accepted and will keep your employees looking sharp. Listen to what your employees think should be acceptable. Establish a plan for who pays for the … [Read more...]
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