Most new businesses are doomed to fail even before they get started. According to the Australian Bureau of Statistics more than 60 percent of small businesses fail within the first three years. The reason most businesses are doomed to fail and do fail is because they...
We all complain about not having time, but a minute is longer than you realise, especially when you’re thinking about the results you can achieve. As a commercial hot air balloon pilot, I learnt that small actions taken consistently can prevent major problems...
As a business owner, paying yourself first requires balancing personal financial needs with business cash flow requirements. Work out your basic living costs through personal budgeting, track how much you take from the business compared to market wages, and protect...
When business gets tough, it’s tempting to chase new opportunities that seem more appealing than your current business. The reality is we all know that the grass is not always greener on the other side. Every business has different challenges and inevitably...