Starting a new business can be incredibly exciting, but it’s important to thoroughly evaluate your business idea before taking the plunge to ensure you’re creating a sustainable and successful venture. To get started, here are 9 questions to consider as part of an overall evaluation process. Save yourself money, time, and heartache down the line […]
Assessing the viability of your new idea is an essential part of market research. While seeking input from friends and family is common, gathering information from the market itself can provide more accurate insights. Here are 4 effective research tactics to collect accurate information about your business idea: Harness the power of the internet Leverage […]
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Starting a business is not for the faint of heart. A certain level of stress comes with carrying the responsibility of ensuring your company’s success. If things go wrong, it all falls back on you. That said, the freedom and sense of accomplishment of running your own business make the challenges well worth it. With […]
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2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps getting harder to stay afloat, let alone get ahead. As a result, carrying personal debt has become commonplace. But, with the challenges of the past few years, many of us have more debt than we’re comfortable with. […]
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When it comes to running a small business, maintaining a healthy cash flow is essential for sustainability and growth. Your business can be incredibly profitable but still ultimately fail because of improper cash flow management. To prevent that from happening, here are some best practices that can help you better manage your cash flow and […]
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Managing family finances can be a daunting task, but with the right tools and mindset, it can be a smooth and effective experience. Here are some essential steps for managing your family’s finances, including budgeting, saving, and planning for the future. Budgeting Budgeting is the cornerstone of managing family finances. It involves creating a spending […]
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Cybersecurity Best Practices for Small and Medium-Sized Businesses In our digital age, cybersecurity is a crucial aspect of running any business. Cybersecurity breaches could lead to not only data theft but also reputational and financial loss. Hence, it’s imperative to establish robust cybersecurity measures to protect your business and customers’ sensitive information. Here are some […]
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For a small business owner, managing finances can be a daunting task. Keeping track of expenses, payments, and cash flow can be overwhelming, especially if you’re dealing with debt too. A business loan, line of credit or a business credit card can help your company hire new employees, purchase inventory, purchase equipment, and finance growth, […]
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How often do you feel like a superhero, taking on the world and tackling everything that comes your way? If you’re a small business owner, chances are it’s more often than not! The demands of running a small business can weigh heavy on our shoulders at times, and as business owners we often try to […]
As a small business owner, you may be considering enabling a remote work environment. With the rise of technology and the pandemic shifting the way we work, managing a remote team has become a popular option for business owners looking for new and unique ways to grow their business. However, there are both benefits and […]
As a small business owner, you know the importance of getting the word out about your company and engaging with customers. Social media platforms are indispensable tools for achieving this. The following is a guide to help you leverage social media to increase your brand’s awareness, engage with customers, and generate leads. Step 1: Define […]
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It’s hard to go a day without reading something in the news about the state of the economy. Whether it’s interest rates rising or the cost of living, there’s no getting around the fact that in 2023 there are many doing it tougher than a few years ago. But while there are some economic challenges […]
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As a business owner, you know that the right people are crucial to your company’s success. The best employees can help you achieve your business goals, improve your productivity, and drive growth. But finding the people best suited to your team can be daunting, and sometimes it’s easy to hire someone who seems okay, rather […]
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Tip tip to fight rising costs… (You’re welcome) Okay, so all we hear is “inflation, inflation inflation” right? Yes, things have increased and if you are waiting for things to return to normal then you are risking a massive loss in revenue and profits. One of the biggest impacts to hit any business is rising […]
Treasurer Josh Frydenberg has released the 2022 Federal Budget ahead of a Federal election in a few months. This article has a summary of the “Winners and Losers” of the Budget and we’ve compiled a recap of the key points below. Get in touch with us if you have any questions. A Quick Overview Due […]
Get a signed copy of our new book – Save Tax! Saving tax is not exclusively a billionaire’s game. If you’re striving to support your family, your business or your dreams, you can play too – but you have to know the rules. My new book – Save Tax – helps business owners, entrepreneurs and […]
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It is hard to deny the power of writing things down into lists. Lists allow you to remember things a lot easier, but more importantly it starts to make real the things that are in your head. Never is it more important than for your bucket list. Below is a method on how to write […]
Having written goals in life are important. They are part of what gives our lives purpose and direction. The key is to make sure that you give yourself the best chance to achieve those goals. So how do you do that? Below are our five tips to giving yourself the best chance of achieving your […]
We all go into business with grand plans. We are going to do it better than anyone else. We have grand designs of changing the world, and retiring with more money than we will know what to do with. For most of us in business though, this never happens. Why not? Where does it all […]
The COVID-19 pandemic has caught most of us off guard. Who would’ve thought that the world would spend the year battling a virus? This unprecedented crisis is a reminder that these business threats are very real and act as a wake-up call for businesses. Even if the scenario seems far-fetched, it pays to prepare for […]