Harnessing the power of an intergenerational workforce As the world of work rapidly evolves, forward-thinking leaders are turning their attention to one of the most powerful forces shaping organisational performance: the intergenerational workforce. Today’s teams are more diverse in age than ever before, bringing together the experiences, expectations and energy of five generations. This mix […]
Who do you think of when you picture a small business owner? Perhaps it’s a friend or a family member; maybe it’s your local barista; it might even be someone you used to work with who’s redefining the way an industry works. Whoever comes to mind, chances are, everyone answers the question differently. And this […]
Have you heard about small businesses having their Facebook and Instagram accounts wrongfully shut down, in some cases severely impacting their business? Here’s a look into what has happened and how you can help to protect your business from the impact of something similar. Many WA businesses rely on their Meta accounts (which include Facebook […]
Manufacturing products isn’t easy if you’re a small business. In this piece, four founders spill everything they’ve learnt in the messy, make-or-break world of small-biz manufacturing. Finding the right manufacturer – Effect Beauty Co Finding a manufacturer who would make her products to standard was an uphill battle for lash-maker Taneia Hill. Taneia wanted her […]
Key Highlights Introduction In the competitive world of business, small businesses often face unique challenges when it comes to sales. Limited resources, lack of brand recognition, and a smaller customer base can make it difficult for small businesses to achieve sales growth. However, with the right sales strategies in place, small businesses can overcome these […]
Cash flow keeps a business alive—but for many SMEs, maintaining a steady flow is a constant battle. Unexpected costs, late-paying clients, and messy finances can turn what would otherwise be a good month into a cash crunch fast. What’s more, according to the Australian Securities and Investments Commission (ASIC), 41% of business owners believe cash […]
Running a small business is exciting, but it often feels like there are never enough hours in the day. Between chasing clients, handling admin, and keeping your products or services on track, the list of responsibilities never seems to end. That is where outsourcing comes in. For many small business owners, handing certain tasks to […]
CRobertson/Getty Images Summary. As “Buy Now, Pay Later” (BNPL) rapidly gains popularity, many retailers wonder about what this means for their bottom line. New research analyzed the purchase behavior of 275,000 consumers to understand BNPL’s effect on consumer spending…. Today, the widespread ability to use Buy Now, Pay Later (BNPL) schemes like Afterpay and Klarna […]
What is a minimum viable product (MVP) and why is it important for startups? A minimum viable product (MVP) is a product with enough features to satisfy early customers and provide feedback for future product development. It helps startups validate their ideas, save resources, and reduce time to market by focusing on essential features and […]
Australia’s GDP is worth a staggering $1.7 trillion; and while a good proportion of that is made up of large-scale enterprises, exports, resource extraction and manufacturing, our country also has a booming small business sector. Many regular Australians run their own businesses, from retail to trades and everything in between. What’s more, the country has […]
Small But Mighty