Blog
Few events have as big an impact on the global economy than a pandemic. Almost every industry has been affected by COVID-19, whether negatively or positively; and for some, it simply prompted a closer look at how they – or their business – operated.
When the initial wave struck, supply chains were sh...
Being a solo professional or solopreneur can be intimidating, especially if you’ve decided to make the transition to the freelance world without existing clients of your own. A study of sole proprietors in the US showed that more than one-third believed their biggest challenge to be findin...
We all have those days where you sit down with your morning coffee, read a few emails, then look at the clock and it’s already 2pm. Time just slips away from us, and for business owners, this happens far too often. Unfortunately you can’t add more hours to the day, so here are our tips on time savin...
On Tuesday 6th October 2020, Treasurer Josh Frydenberg delivered a budget that aims to jumpstart the economy, as we move through the uncertain times COVID has created. There’s a lot to take in, so we’ve highlighted the Federal Budget changes that will benefit small busi...
When we need a job done or have to ask someone for help, the most common response is “I know a guy!’’ Growing your business through word of mouth is the Australian way. However, times are changing. With more and more businesses investing in digital advertising and brand collaborations, it can be har...
In today’s world, customers expect you to have some sort of online offering. Using the internet to shop around, read reviews and compare prices is natural to the modern-day consumer.
Small business owners need to know how to sell online. If you don’t ...
On average, we spend 90,000 hours at work in our lifetime. So, as a business owner, making sure your workplace has a positive culture, is the best thing you can do for your company.
Culture, as defined by the Cambridge Diction...
As a small business owner, knowing how to hire is a key step in expanding your business. Hiring a new employee is both exciting and scary. Finding the right candidate based on culture, outlook, and expectation is essential for success. What does this mean?
- Culture: will their per...
This month, Cashflow Manager CEO Tim Millar and National Manager of Commercial Business, Melanie Miller received a warm, hearty reception from Mount Gambier’s business community.
With beautiful landscapes, great food, and thriving business culture, we experienced what makes Mount Gambier unique: a de...
Whether you are opening a new business or running an existing one, finding a niche in your market is essential for success.
If you’re an existing business, one of the best methods to finding a niche is to listen to the requests of your existing customer base. When a customer asks for a product or ser...
We’re into the second half of June already and the race is most definitely on to the end of the financial year, but are you primed and ready to go, or scratching your head wondering what you need to do? This time of year can be quite stressful for small business owners particularly if organising is ...
The marketing and sales section of your business plan should cover the basics; your target market and competition, defining your product messaging, pricing, and other marketing strategies to maximise sales.
Marketing is not just advertising; marketing is an investment in the growth of your business. ...
Over the past few weeks, we have been covering the different sections needed for a successful business plan; goals and objectives, your competition, the executive summary and now, finances.
Starting a business is a huge investment for yourself, for investors, partners and for...
As each Australian state begins to relax lockdown restrictions, reopening the workplace and getting back to work in COVID-19 is on everyone’s mind. The feeling of freedom and the sense that we are moving closer to normality is exciting.
However, it’s important to remember that COVID-19 has not gone a...
Analysing your competition is a key component when writing your business plan. Understanding both your current and potential competitors is critical to ensure your business survives and grows. In this chapter of Business Planning you will learn the key aspects of conducting a competitor an...