Business leaders striving to make the best decisions might benefit from an Advisory Board which can provide support on various levels. In this short video, we examine the role and value of an Advisory Board and how to set one...
Insights
Pricing Strategy to Drive Growth and Profit
In some ways, managing a business is not so difficult, at least from a financial perspective. By attracting more customers or selling more to existing customers, you grow revenue. You also try to ensure that revenue greatly exceeds expenses – in which case profits are...
7 Best Practice in Digital Transformation of a Business
The ‘digital revolution’ is not exactly new... but we still see businesses battling with basic things. Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing status,...
Four Ways To Finance Your Business Growth
In business, there is such a thing as a ‘good problem’. One example is a business which provides a good product or service in high demand by customers. The business needs to produce more and invest in marketing, sales, and customer management. There’s an opportunity...
Issues for businesses to consider in reopening post COVID.
The impact of COVID-19 has sent shockwaves through the Global business sector, with reductions in turnover and falls in employment. Businesses have had to change their way of work, with sharp lockdowns being a part of the norm with hundreds of thousands of workers...
How can you make your business sale-ready?
Within the past year, the Australian market has seen more and more deals regarding equity, acquisition, divestments and many others. If you’re one of the business professionals that tries to undertake such a task, it’s very important to know whether your company is...
Financial Knowledge is Power
Monitoring financial performance indicators is key to business success and achieving business profitability. Many small business owners find it difficult to understand and monitor the financial side of their business. You could not successfully drive your car...
Before you buy a winery because your friends all have one, read this!
You’ve seen that great TV show about the tree change to that picturesque rural vineyard. You love wine – and your best friends just bought their own slice of viticulture heaven in regional Victoria. So, now it’s your turn, right? But the sad reality is that in around...
How to make your business investable
Attracting investors to your business can mean new life for your old dreams. But investors don’t just throw money at everyone – they take their finances seriously and they are always looking to build more wealth – not throw money away. To help your business catch the...