How to easily manage a side hustle
Say you have a great full-time job. It pays well, it provides regular benefits and supports your life and family perfectly. But what if you have a niggling idea you’re really into and want to start a business? It’s been squatting there in the corner…
How 5G is going to change business
It’s been on the cards for some time, but we can hear it in the distance now – 5G is rapidly approaching. For some in Australia, it’s already here! The network is being readied, vendors are gearing up, mobile phones are incorporating 5G functionality and…
Business start-up costs to consider when starting a company
It’s the first thing you need to consider when kicking a new business into gear: the feasibility factor. How much will this cost to get off the ground? Is this idea worth it? Can I afford it? Will I make back those start-up costs? Before…
How to motivate your employees
Employee motivation is something any business owner can take for granted. We often get to focused on figures, hours, deliverables and cashflow, with little attention left for the less tangible aspects of our businesses which aren’t as easily quantifiable. One of the less visible aspects…
How to increase profit margins
Increasing profit margins and generating good cashflow is always going to be the primary aim of any business. The ability to increase sales is essential to growing your business and there are always tweaks and measures you can explore to swell your bottom line. Let’s…
Victoria business hit with closures – what you need to know
In a drastic move to limit the spread of COVID-19, Victoria has taken the unprecedented step of mandating a curfew in metropolitan Melbourne, enforcing strict movement limitations and announcing a vast host of business closures. Regional Victoria (under Stage 3 restrictions) will have slightly different…
What does the minimum wage increase mean for your business?
On July 1, 2020, the Fair Work Commission announced an increase to the national minimum wage for Australian workers. The increase was rather modest at 1.75%. This means the previous minimum wage of $19.49 or $740.80 per week, has been increased to $19.84 per hour…
Reigniting your business’ engine
With a hesitant sense of normality starting to return to most of the Australian business landscape and restrictions on trade lifting, there’ll still be some heavy lifting to get your business humming again. But hum it can. How have businesses changed? It may be no…