ENTERPRISE CONNECT SCHEME FINISHES SOON

The Enterprise Connect Scheme is a Federal Government initiative to support businesses in various industries.  Announced in the recent budget, this scheme will cease 30 June, 2014.  There is however limited opportunity for businesses to qualify for approved funding up to $20,000.

To be eligible the business must trade in one of the following industries:

Small Business Owner….or Entrepreneur

I recently re-read a book that I first read in 2005. eMyth Revisited, was originally written in the 90’s and then updated in the early 2000’s.

Despite the massive advancement in technology and behaviours in the nearly 20 years since publication, I believe that the same human behavioural issues exist for todays SME founders and owners.

Tackling Procrastination

 

Procrastination means delaying a task that should be a priority. Many successful people have the ability to overcome procrastination and tackle those issues that are not only important, but also can have a significantly positive impact.

 

There are many reasons as to why people procrastinate, including:

HOW TO GROW YOUR BUSINESS …… AND INCREASE IT’S SALE VALUE!!

BUSINESS VALUE ENHANCEMENT - Part 2

 

This is the 2nd part of a commentary on business value enhancement that all business owners should consider in their journey to improve their businesses, and ultimately the $ale value of their business.

 

HOW’S BUSINESS? … DO YOU REALLY KNOW?

The “How’s business” question, or more likely, the colloquial greeting of business owner’s, is often innocent enough, but how many business owners have the knowledge to be able to answer you accurately.

Business owners will answer the question either as optimists, pessimists, or …… “uninformed”.

HOW TO GROW YOUR BUSINESS ……. AND INCREASE IT’S SALE VALUE!!

BUSINESS VALUE ENHANCEMENT


Part 1


This is the first of a 2 part article on business value enhancement that all business owners should consider in their journey to improve their businesses, and ultimately the $ale value of their business.

New Maxim Watt St Office

Come and visit our new office.

Level 1, Suite 101

45 Watt Street

NEWCASTLE  NSW  2300

Do I need a Business Advisor or Business Mentor?

The role of a business advisor (or mentor) is to guide you through a period of change towards agreed objectives. This will include the advisor attending to:

• Being an effective sounding board for your ideas, providing honest feedback.

• Share his/her experiences, including what has worked and what hasn’t worked? 

We have made a profit, yet why is there no money in the bank?

As business advisors, this is perhaps the most common question we get asked by business owners.  To understand why, it’s important to understand the difference between profit and cash.

As an Accountant, it’s hard to go past explaining this without using a formula! In simple terms;

Profit = Total Income, minus Total Expenses

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