ChatGPT is a powerful tool by OpenAI that can help businesses brainstorm ideas and come up with creative solutions. By leveraging its capabilities, ChatGPT not only understands user input but also provides accurate, human-like, real-time responses to these queries. Savvy business owners are already leveraging its advanced features to quickly generate ideas, answers and solutions […]
Are you keen to swap your public sector career for one in consultancy? Your first hurdle will be what to charge. If you’ve taken the leap into the brave new world of solo consulting and are struggling with what to charge and how to quote, then you’re not alone. The good news is it’s not […]
Planning a fun and enjoyable overseas trip with your family and running a successful business have several things in common, as founder of Partnership Mastery and Marketing to Mums, Katrina McCarter has learned … In June, I’m travelling in Europe with my mum (who lives in Perth) and my aunty (who lives in New York). […]
This week we talk to Claire Wheeler who is on a mission to give young kids the skills to set up their own businesses. While setting up her ‘side gig’ The Little Cardboard Co during the pandemic Claire witnessed the excitement of her own kids who urged her to help them them set up their […]
Despite the ongoing challenges posed by inflation and interest rate increases, new research by parcel delivery service CouriersPlease reveals that two-thirds of Australian online retailers have actually increased their revenue in 2022. The report also found that nine in 10 online retailers plan to invest more in their business to protect against these economic challenges: […]
Across many business sectors, the way in which lients pay for products and services has fundamentally changed. Where items were previously purchased in a single, up-front transaction, sales are now often undertaken on a subscription basis. Mobile phones, software applications, and gaming are all areas in which single purchases have been replaced with ongoing subscriptions. […]
It has been a stressful couple of years for the small business industry, with inflation driving margin pressures, supply chain remaining strained, and consumer demand shifting unpredictably. 2023 has the potential to be a year of growth for small businesses, but that doesn’t mean it’s going to be easy. Here are my top tips for SMEs […]
For small retailers, rarely, if ever, has profit been a bigger focus. Inflation, interest rates and cost-of-living pressures are squeezing business budgets and making consumers more cautious in their spending. Your profit margin – which provides essential insights like whether you’re generating money or pricing products correctly – should always be on your radar, but […]
Every business owner at some stage must systemise and scale to really succeed long-term. I have learned that over the past ten years of running several seven-figure SME businesses in the automotive and consulting arenas. I have also learned the hard way the power of saying “no thanks” to projects and activities that are not […]
Shoppers are taking more interest than ever in where their goods come from. We speak with The Daily Routine about building a sustainably minded business that places customer values and authenticity at its core. Natalie Herscu is the Co-Founder and CEO of The Daily Routine. Key points Making your business more sustainable can seem like […]
Small But Mighty