Blog categorized as Small Business
Business plans and financial forecasts are a given for most small businesses, but they’re not the only way you can make sure that you’re saving money and cutting costs. Since unexpected missteps and pitfalls are part and parcel of being an entrepreneur, it’s worth knowi...
Customers. Cash flow. Communications. Those are just a handful of the challenges that small businesses need to navigate as they carry out their day to day activities, and there’s countless more. So you can avoid encountering major issues – or be prepared to deal with them when they come your way – w...
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...
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 ...
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...
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. ...
Goals and objectives steer a new business in the right direction and help to keep an existing business on the right track. Think about it, you need a final destination before you can land a plane.
Including your business goals and objectives in your business plan is giving the reader confidence in yo...
There are over 2.1 million small businesses in Australia, accounting for 33% of Australia’s GDP, employing over 40% of Australia’s workforce, and paying around 12% of total company tax revenue. They are the lifeblood of the Australian economy.
As the number of COVID-19 cases increases daily in Austra...
Collaboration is key to achieving sustainable growth and longevity for many businesses. Connecting with co-workers is easier than ever thanks to modern collaboration tools for small businesses.
Who would have thought you could communicate with your team through a video call, group chat and share docu...
The purpose of an executive summary is to outline the company’s purpose and goals. It needs to clearly define each section of your plan so the reader is prepared for the upcoming content. Your summary is considered as the most important part of your business plan, it sets it up for success.
Even thou...
As a business owner, keeping up with the hottest small business trends in 2020 is important to grow your business. It is unlikely that each trend will have a direct effect on your business as what you do is unique. But, awareness of any major developments that could impact the behaviour of your cust...
Customers are now spending more time than ever on social platforms – averaging at 2 hrs and 23 mins a day. Not only used as an escape from everyday life, social media has become a research, comparison, review and enquiry tool to check before and after buying.
Both the rise in usage and change in beha...
