Getting succession right

Business owning baby boomers, says recent research, have less than seven years to get a succession plan sorted for their business if they want to exit having maximised the value of their asset. The study found baby boomers, currently aged 50-68, are well less than...

How to achieve productivity in three easy steps

Maximising your resources in an efficient manner has always been a critical part of succeeding in business. And when we think about resources, we generally tend to think time and money, maybe even supply chain or inventory. But what about our people? How do we...

Time to celebrate what your small business has achieved

At the end of the financial year, media pundits small and large, suggest now is the time to do the following; Make sure your super is paid (double check) Take a hard look at your numbers. Did you achieve your targets? Review the variance between budget and actuals Use...

What to do when entrepreneurial opportunity knocks

These days it’s almost the norm to be or want to be an ‘entrepreneur’. You might want to read an earlier blog on the difference between entrepreneurs and business owners. Almost everyone you meet has some kind of an idea about a business that...

Maximising the business & busyness of May

Although it might not first appear obvious, May can be one of the busiest months of the year for businesses. Not only has ‘regular’ business resumed, but many business owners are forced to ask and answer some tough questions they might have been avoiding....