Some of us love a good failure story. While victories are inspiring, true tales of messing up are often more relatable, but most importantly, indispensable learning opportunities. If we can shift our perspective to see our flops as valuable progress, each washout can become a win. Eight ways to help failure breed success: 1. Change […]
19
Jun
Jun
Are you ready for Single Touch Payroll? For employers with 19 or fewer employees, single touch payroll (STP) legislation will be coming into effect on the 1st of July 2019. Are you ready? What is Single Touch Payroll and what do the changes mean for your business and who does it affect? What will you […]
30
May
May
Key Performance Indicators (KPIs) are essential to measure the performance of your business in order to grow your numbers. Of course, the measures themselves are pointless unless there’s reflection and discussion to ensure they’re met. Here’s a simple and effective way to link KPIs to a reporting and accountability framework. Firstly, make sure there is ONE […]
30
May
May
Do you ever get to the end of a work day and wonder where time went? You barely dented your list, let alone completed it. Delegation is a great way to free up time. Pass projects to existing team members, new recruits, or to outside contractors. But, is it that simple? What is the art […]
28
May
May
What on earth is a KPI and why are KPIs important to your business? A KPI (Key Performance Indicator) is a result that can be used to measure the effectiveness of different activities in your business. Put another way, if you want to define what success looks like from your business activities, employees, or projects, […]
22
May
May
There are just seven ways to grow your business. The first five grow your sales and the last two reduce your costs. The seven ways are: 1. Increase customer retention. Stop your customers from defecting to the competition by keeping them happy. It’s easier to retain existing clients than attract new ones. 2. Increase leads […]
21
May
May
Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key cashflow drivers. Improving cashflow is often all about changing your business processes. Processes such as how you order stock and pay for it, how you bill […]
14
May
May
Succession is what happens to your business when you ultimately decide you want out. Planning your succession allows you to transition your business to new ownership in a managed and systematic way, helping you to reduce stress and achieve a greater outcome at a potentially tricky time. Succession Planning is about clarifying what you want […]
09
May
May
Businesses that have clear objectives or goals, robust accountability and a shared sense of purpose should always outperform those that just show up and go through the motions. Strategy lies at the heart of most successful businesses. To achieve this you need to resource and execute with purpose. Few businesses have a strategic plan or […]
23
Apr
Apr
Think about a typical day at work… Perhaps you chat with colleagues, check email, return phone calls, open a work file, check email again – which leads you to your social media feed… A universe of beeps, rings and pings beckons attention and steals productivity. Distraction is the new normal. The culprit: technology. Multi-tasking is […]