If you don’t know where you’re heading, any road will get you there! Start with a plan. Why do we need to plan? A good business plan will guide your business, help you make informed choices and remain focused.... read more
Are you thinking of taking the plunge, quitting your job and diving into the wonderful world of business? Or perhaps you’ve already done it and are now sitting in your home office, terrified and wondering what to do next?... read more
Your goals are WHAT you want to achieve, where you want to go. But to achieve them you should also look at the WHO of the project: the sort of person you would need to be and how you... read more
Your first Business Activity Statement (BAS) is due for lodgment on 11 November 2000. Following are 10 things you must remember to do in relation to its preparation. 1. Record Keeping The Commissioner has advised that everyone who lodges... read more
Franchising is fast becoming one of the most popular ways to do business in Australia. It offers small businesses a way to become established with all the benefits of a larger business. A well ordered and efficiently run franchise... read more
A Balance Sheet includes: Assets Assets are the positive items that a business owns. Assets include mainly Cash in the Bank, Monies owing from customers (Debtors), Motor Vehicles, Plant & Equipment, and Office Equipment. Assets can be broken up... read more
It’s time to dust off your business plan Raising capital is obviously an essential function of any business plan, but a well-prepared plan can provide the business owner many other benefits. It can help her realistically assess her expectations... read more
For a number of years now, mortgage interest rates have been at historical lows in much of the Western world, in some cases at 40-year lows. The general consensus is that low rates mean low mortgage interest payments, and... read more
On my last tour of Australia many people were keen to discuss the stock market. They were anxious about the reliability of information available on the business channels – especially the information provided by market analysts. Understanding analysts I... read more
There are certain activities we must do each day if we want to be successful in business. So why don’t we have more tangible results to show for all our efforts? How is it that one person can achieve... read more
The Four Steps to Success In the beginning, great products were enough to guarantee business success. Product sophistication, six sigma manufacturing and zero defects clearly beat the competition. But benchmarking, product imitation and reverse engineering soon appeared…and now everyone... read more
“Almost everyone who starts their own enterprise will end up as an exhausted failure rather than a successful developer of their own private money machine,” says business visionary Michael Gerber who also says most people who go into business... read more
