Category: Business Growth
In every business’ growth journey there comes a point where additional resources and investment will be required. At this critical juncture it’s likely you, the business operator, are working at capacity. It’s a struggle to complete all the small business tasks required and there simply aren’t enough hours in the day to get everything done. It might sound obvious, but this is the point where you will need to bring on staff if you want your business to grow.Read More
At the heart of any business, there are a series of simple metrics that need to be achieved in order to attain results. The challenge lies in identifying what those metrics are and then consistently applying the action that is needed to achieve them. Reverse engineering allows you to understand what needs to be done to hit your break even, and then forecast a profit margin.Read More
Taking a business to the next level is not without its challenges. Chances are it involves the owner stepping back from the front line while extra staff right be required to carry the load of day-to-day operations.
Meanwhile, adding extra services, products or locations to your business offers the potential for both an increase in revenue and earnings, but also for costly mistakes.
That’s why it’s important to ensure you have the foundations for growth right from the outset. So, let’s talk about how this happens through scalable and repeatable success.Read More
Business growth is often the biggest priority for every business operator. After all, growth equals more revenue, right? Well yes, but only if you have the correct structure in place before you take the next step.
So, let’s examine the five things you need to have in place before your business can grow…Read More
As Amazon founder Jeff Bezos readies to transition from his role as CEO to executive chairman, it’s a timely opportunity to reflect on the business legacy he leaves behind.
After all, this was a man who started an online bookstore in his garage before going on to run one of the largest companies in the world.
With that in mind, here are five business lessons from Jeff Bezos time at the helmRead More
Just as every business will need an accountant, benefit from marketing advice and call in an IT pro, sometimes the big issues of business require the assistance that only an expert can give. Let’s explore 15 expert areas a business coach brings to the table.
Whether it’s identifying your customer, formulating your business plan or plotting your exit strategy, here are the top 15 areas where a business coach is the go-to pro to furnish you with a second set of eyes, provide a solid sounding board and proffer the best advice.Read More
Business ownership requires the wearing of many hats. There’s staff management, customer relations, administration, and forward planning, but not all roles come naturally to all people.
If your forte is the fine print but not the finer details of staff negotiation and leadership, here’s how a Business Strategist can help you build your personal and leadership skills.Read More
Right about now, it’s easy to feel things are beyond your control as the owner of a business. After all. Covid-19 has brought us an extended period of uncertainty capped off by an announcement that Australia is entering a recession.Read More
For many business operators the past few months have been exhausting. The economy has effectively been in hiatus and business has all but ground to a halt, but the mental workload has been extreme.
How bad will this be? When will it end? How will this impact
So ask yourself, what business do you want to be in? Is it trust, convenience, time saving, aspiration, or lifestyle – is it something else?
When you know what business you are in, it helps you better understand the business proposition you are marketing, and assists in determining the products or services that fit that bill.
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