Every business needs a strategy. While new business owners always have passion and enthusiasm, they are often lacking a clear plan and could benefit from sitting down with business consultants. When a business owner doesn’t have a clear plan of action, both short term and long term, they are more likely to make mistakes, waste...
Startup culture in Melbourne is in full-swing, and it’s a cut-throat market. Competition is steep, and chances are there are a lot of other startups out there trying to do the same thing as your business. The temptation is to start expanding like crazy as soon as you taste your first success, but that can...
Last week, the Melbourne City Council released a draft of its Startup Action Plan. The proposal highlighted once again what a startup friendly environment Australia’s second largest city is becoming. While Sydney is larger, startups in Melbourne are taking off in a big way. Startups are at home here due to a supportive community, ideal...
In today’s competitive business landscape your customers are harder to engage and reach than ever before. This is partially down to the influx of businesses turning to the digital market transforming their reach from a local block into a global audience. However many businesses end up in a few common pitfalls as they attempt to...
As business consultants we might be a little biased, however, we believe that a professional consulting company can play a significant role in building up a new business. It is common knowledge that 20% of businesses fail within the first year, with 50% failing in the next three years. Savvy business founders have discovered that...
The tax time can strike dread in the hearts of business owners, with the combination of fear stress, anticipation and sheer boredom the entire process entails. However as the calendar moves every closer to June 30 it is important that businesses take the time to assess their financial position, plan for the future and conduct...
We are looking down the tunnel at the end of the financial year, which is when many businesses turn into a mad house. Before you get bogged down in all the tax, stocktaking and wrapping up financial activities, take some time to look at your business’ future. It might be the best thing you can...
As a professional consultant company, we are often brought into businesses when business owners become unhappy with their progress or growth. As a result, we have seen many challenging product/service problems, areas they have stalled and even businesses which are failing. For those with stunted growth, it is often easy to see where a strategy...
One of the biggest problems we encounter as a consulting business is business owners who rely purely on their ‘gut’. For business starting up it might be a fine technique with little problems arising. Some owners take this to extremes conducting pivotal decisions, hiring tasks and even strategic plans simply based on some elusive ‘gut...
Working from home meant we could vary snack and coffee breaks, change our desks or view, goof off, drink on the job, even spend the day in pajamas, and often meet to gossip or share ideas. On the other hand, we bossed ourselves around, set impossible goals, and demanded longer hours than office jobs usually...