Business Growth & Planning
Is what I am doing a hobby or a business?
The dictionary states the following: A “hobby” is an activity done regularly in one’s leisure time for pleasure. It is considered somewhat of a pastime, a leisure activity, pursuit or interest or maybe just a sideline gig. A “business” on the other hand is a commercial activity. Often a business evolves from a hobby, but […]
Six hacks to improve your cashflow
You have probably heard the famous saying, “Turnover is Vanity, Profit is Sanity, Cash is King.” I want you to think for a moment about each of these very important aspects of your business. How is your turnover going? How is your profit going? How is your cashflow going? Are you monitoring these things […]
Countdown to 30 June – start planning for 2015/2106
I encourage you to take some time and reflect on the year that was. Write down a list of all the areas in your business that you had “wins” – celebrate these accomplishments and successes, give yourself and your team a pat on the back! Also write down a list of all the areas that you […]
What the Federal Budget 2015 means for small business
Joe Hockey wants to be your friend and he has certainly delivered to small businesses in last night’s budget announcement! The generous concessions announced are aimed at empowering small businesses just like yours to “invest, grow and create jobs”. Your annual business turnover needs to be less than $2million to be eligible for the following […]