Cafe and restaurant owners have faced significant challenges in 2024, and they will be hoping the new year brings improved operating conditions. The hospitality industry operates on thin profit margins at the best of times; however, the last 12 months have delivered a perfect storm of difficult trading conditions. Increasing Cost of Labour The Fair...
Making mistakes and errors of judgement is all part of running a company. However, these problems are especially prevalent (and even more frustrating) when you’re a brand-new business owner. This is when hiring a startup business consultant can be a really smart move. When you run a small business, there are so many different roles...
When you’re in business, it’s important to keep track of your finances. Knowing how best to do that, however, can be tricky. Traditionally, hiring a full-time chief financial officer (CFO) was the way to go. In a senior executive role, they'd be in charge of assessing and managing the company’s finances. They'd also provide financial...
According to Australia Post’s recent Inside Australian Online Shopping Report, Aussies spent $63.8 billion on online goods in 2022, accounting for 18.1% of the total retail spend. This growing figure is yet another reason why businesses should invest in an online store, and an ecommerce consultant would be just the person to help make it...
Whether you’re just starting up a business or into your 20th year of running one, there are many reasons why you may want to invest in some outside help. You might need assistance building a new website and tracking orders, or you want advice on how to communicate better to your staff and customers. Maybe...
Did you know that approx. 20% of small businesses will fail in their first year, and up to 60% of start–ups won’t survive beyond three years? These are sad statistics, especially considering the amount of blood, sweat and tears that goes into the early stages of running a business. It can be a risky endeavour,...
When there is an ongoing economic scenario change occurring, it resonates with businesses throughout the world. You can be sure there will be companies restructuring due to the economic change impact.
In this day and age, you need to know how to get the most out of your business. Whether you have a fresh startup or a company that has been around for years, you owe it to yourself to reach out to a consultant.
Are you wanting to start your own small business? Are you wanting to do freelance work? Mobile hairdressing? Make-up artistry? Handyman work? No matter what it is, starting a small business can be a very exciting time, but it can also be a very strenuous planning and execution process and therefore there needs to be...
Every business wants to succeed however without the proper guidance and a structured business plan not every business achieves this goal. At TR Consulting our business consulting specialists take you through every step from set up to and established business. What does a business need? To understand their market At TR Consulting we research your...