We assume accuracy is beneficial all of the time, but perhaps not always necessary. You can think of situations where accuracy might be sacrificed for speed perhaps, creativity, or just to get the ball moving on a project. Remember the saying by Catherine Carrigan, ‘Perfect is the enemy of done.’ But when is accuracy essential in business? Accuracy […]
Running a successful business is all about the profit, right? While being profitable is the ultimate goal of a business, one of the most important factors (and one of the biggest pain points) is management of cash flow. So what can you do to improve your cash flow? Paul Sweeney from Pretium Solutions explores some […]
Running your own business is amazing, right? The freedom, the power, the money – more like, the STRESS! Stress is something that everyone experiences, but for small business owners, it can feel extreme as you try to grapple with every problem imaginable and find solutions to please everyone. It’s an uphill battle that can leave […]
Sales is commonly listed as a problem area for businesses. But where to begin with fixing things? What can you do to improve your sales? Nathan Williams, founder of Customer Return, joins us to look at some of the biggest sales issues faced by businesses including: Developing the right pitch Creating a sales process that […]
It’s something that all businesses (and individuals) dread – a data breach. We all know by now how important it is to protect our data. But despite the tools and education available, these data breaches still happen. And sometimes, like the recent Optus breach, they are massive. This incident has led to many important questions […]
As part of our celebration of our 100th episode, we asked our listeners what topic they would like covered. The consensus was to do a compilation of the best business advice from listeners. So that is what you will find in this jam-packed episode! We heard from business owners and professionals about the strategies that […]
Delegation can be a great tool for business owners to use – but only if used correctly! Otherwise, employees can feel resentful (“I’m getting the jobs no one else wants!”) or overwhelmed (“This isn’t my job, why am I doing it? I have no idea what to do!”) Raj Nathoo from Keystone Active Learning shares […]
Do you need to know more about your customers or competition? What about trends affecting your industry? Or generational shifts in society? Successful businesses are all about providing great solutions to difficult problems faced by your customers. To make sure you are on the right path, it is crucial to have the right information to […]
Does your business rely on labour? An aging population and falling immigration rates already reduced our labour market and then COVID-19 made staffing challenges that much harder. So how can your business grow and prosper during these challenging times? Paul Cripps from PK People Solutions explores the issues around labour shortages and provides some ideas […]
Getting a tax refund is good, right? Everyone loves a tax refund! But, if this tax refund is for your business, then it may be a sign of trouble! It’s time for a closer look at what is happening in your business. Find out why tax refunds are bad for business in this episode with […]
The premise of ‘keep it simple’ has been widely used and helpful for many people in many scenarios. It’s about not overcomplicating things which can leave room for problems to develop. ‘Keeping it simple’ also applies to business. As a business owner, the more complicated you make things, the more steps that you add in […]
You may have heard that Australia is adopting eInvoicing, a new standard and network to help businesses with their invoicing needs. Larissa Walker, the ATO’s eInvoicing Business Adoption Lead, joins us to raise awareness of eInvoicing and to share information on the many benefits to businesses. When we’re talking about eInvoicing, this isn’t just the […]
When selecting a business structure for a small business, there is a cheap way and an expensive way. The cheap way is to do it right first time – by getting advice from an experienced professional. But the expensive way is commonly disguised as the ‘low-cost’ method. Make sure you consider the real costs of setting a […]
You might be surprised to find out just how many different government grants and assistance programs are on offer. Depending on your specific business and the markets you supply to, different grants might be applicable. Is your business leaving cash on the table? By not taking advantage of government grants and incentives which may be […]
Recent amendments to the Fair Work Act 2009 (FW Act) change the workplace entitlements and obligations for casual employees. These changes came into effect on 27 March 2021. In February 2021 (episode 24) Paul Cripps and Philip van den Heever discussed the changes that were in the pipeline for casual employment. Paul Cripps from PK […]
The 2021 Financial Year has just finished. For many the results will not be great. We all want it to have a better year coming forward. So, what do we need to do now? In this episode, Paul Sweeney outlines 7 steps to take now to make your next financial year better. Paul Sweeney Chartered Accountant & […]
Declining or flat-lining profits (or even profits that aren’t increasing as quickly as you’d like) could be a major red flag for a small business. However, many business owners fall into the trap of doing the same things that worked in the past and hoping to achieve the same or better results – despite the […]
A lot of these family businesses haven’t properly recovered from the impact of the first round of COVID-19 lockdowns during 2020. What should you be focusing on as a business owner especially during a second and subsequent periods of COVID lockdown? Bruce Gleeson shares with us what all business owners in crisis or financial difficulty […]
Learn all about how content marketing can help you grow your business. Join Leanne Shelton from Write Time Marketing as she explores these issues. As a business owner, you may be an expert in your field, but are you also an expert in describing your business, services or products? And how they are going to […]
How do you manage employee leave during a COVID lockdown? If your employees are unable to take leave, how do you as an employer manage the increasing liability for annual leave accruals? Can you force an employee to use their annual leave while your business is in lockdown? Can an employee cash out some of […]
In our 50th Episode, Bruce Gleeson is back to share his 10 Essential Steps to Take Now If Your Business is in Crisis. After our last conversation with Bruce, which was only a couple of weeks ago, we discussed “What you should be doing when your business is in trouble”. Some of the feedback we received […]
Paul Murray, founder of AccountKit, shares his experience of the start-up process from an idea, to a minimum viable product, to now having an established business that recently celebrated it’s 5th Anniversary. Paul Murray shares some key lessons for anyone contemplating starting a business or for anyone who has already launched their business. Key points […]
Paul Sweeney and Paul Cripps discuss three essential tools that every business needs. Accounting software – accounting (including payroll), bookkeeping, taxation CRM Software – Customer Relationship Management Software Sales Tools – the process where a prospect commits to buying from you Accounting Software Accounting is, as everyone knows, an integral part of operating any business. […]
How do you manage talent when everyone is working remotely? It’s a question being asked by many business owners and managers during these current periods of uncertainty and continued COVID lockdowns. So how do we manage our employees who are working virtually? Harry Nathoo and Paul Cripps discuss how we can achieve this. They suggest […]
How do you succeed in small business? Paul Sweeney shares some of the key steps and tools all business owners should have in place to help them succeed in business. In this episode, we explore how using each of these contributes to running a successful business. Get advice before starting: Business Plan Budget and Cashflow […]
This week we’re looking at a topic that is very relevant in today’s business climate. Paul Sweeney explores the question: If you are going to survive in small business, it will be necessary to know what your cash needs are going to be, both cash in and cash out. What do you need to consider when […]
We are joined by Daniel Munday, the host of Small Business Dads podcast and the owner and manager of DPM Performance, who specialise in supporting the fitness needs of people who are 40+ years old. We talk about some of the tools and strategies we use in creating a podcast, plus we discuss the challenges and triumphs […]
The challenges facing businesses just keep piling up. But by being adaptable in your thinking, you can create a better path forward for you and your business. Avoid that sense of deja vu with some solid business planning (and implementation!) Paul Sweeney explores how you can keep your business moving forward once lockdowns end and […]
As businesses begin opening up, there is the added responsibility of enforcing the government’s mandate on restricted access to the unvaccinated. Some important questions need to be asked: Are you confident about dealing with potentially aggressive confrontations at work? What training do you or your staff have in handling conflict? What are the benefits and […]
Harry Nathoo from Keystone Active Learning talks about the future of work. The future of work is characterised by rapid and large-scale changes that will affect all industries, in how work gets done over the next decade. This will be influenced by technological, generational, and social shifts. For example, the growing adoption of artificial intelligence […]
This week, we’re excited to have Paul Cripps (PK People Solutions) back to shed some light on The Great Resignation Race that we’ve been hearing about in the media – and how it will impact Australia. Some reports indicate that between 25% and 40% of people are considering moving on in their jobs. Find out […]
Part 2 of our Future of Work series with Harry Nathoo from Keystone Active Learning. What skills will you need to successfully navigate the future of work? The future of work is characterised by rapid and large-scale changes that will affect all industries, in how work gets done over the next decade. This will be […]
The introduction of director ID will create a fairer business environment by helping prevent the use of false and fraudulent director identities. This will go a long way to better identifying and eliminating director involvement in unlawful activity. Shareholders, employees, creditors, consumers, external administrators and regulators are entitled to know the names and certain details […]
How will your business be affected by the events happening in the domestic and global economies? What can you do to prepare your business to take advantage of the opportunities and minimize risk from adverse conditions? Jim Mills from Merit Planning Hills talks about what is happening in the markets and in the economy and […]
Technology is wonderful for business, make no mistake. It helps you deliver a more efficient, consistent and effective outcome. For instance, using technology to improve efficiency with compliance and administrative activities gives you more time and resources to apply to value-producing activities like marketing and sales. But we can also fall into the trap of […]
Why is documenting your business systems important? Mitch Kenny from Maus Software explores the benefits around having your business processes documented. Some of the benefits include: Less reliance on a single business owner/manager Opportunities for scale and growth Improved overall efficiency Mitch discusses barriers that often prevent business owners from documenting their systems. The myths […]
