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Posts Tagged ‘budgeting’

Starting Your New Business – 10 Critical Steps

April 14th, 2022

So, you’ve decided that the 9 to 5 grind just isn’t for you, and being your own boss is a dream you want to achieve. You take something you love doing or are really good at, and decide that your business will revolve around that. That’s all you need to start, right? Unfortunately, things areread more

A Guide to Refinancing Your Business Loan

April 8th, 2022

As we covered in our recent guide to refinancing your home loan, changing circumstances should prompt a review of your loans with a view to getting the best deal you can – and your business loan is no different. Business owners can attest to the importance of maximising cash flow, reducing overheads and boosting theread more

Re-Engaging Inactive Customers for Your Business

February 25th, 2022

“It costs 5x as much to attract a new customer than it does to keep an existing one” – you’ve probably heard something along these lines when it comes to customer retention. While that figure varies in different industries and businesses, it does highlight the importance of giving your existing customers a great experience andread more

How Much Income do you Need to Retire Comfortably?

November 17th, 2021

Many Australians seem to have a pretty good idea of the lifestyle they want to enjoy when they retire. For some it’s a brand-new caravan to set off around the country. For others, it’s having enough in the bank to add a workshop out the back and start making things. Maybe your vision for retirementread more

Annual Wage Review – Final Stage

November 3rd, 2021

Earlier this year, we covered the 2.5% increase to the national minimum wage and all award wages (see the article here). The changes have been rolled out in three stages, and we’re already at the third! The increases announced as a result of the Annual Wage Review first came into effect on 1 July, withread more

Making Good Financial Decisions at a Young Age

September 10th, 2021

Our society's youth - rarely does the mention of this demographic spark visions of careful financial management and wise decision-making. But why not? There is no reason people can't begin to lay the foundations for a viable wealth creation strategy from a young age, and education and planning and good financial decisions are the keys.read more

Marketing Strategy Review – New Financial Year, New Approach?

July 9th, 2021

Just like that, a new financial year is upon us! If the turn of a new calendar year is for making meaningful personal resolutions, the dawn of 1 July is the time for business owners to look to the future and plan for growth and change. So, what better time to review your marketing strategyread more

Forecasting – Preparing Your Business for Success

May 13th, 2021

Knowledge is power – and while the advent of the crystal ball isn’t exactly around the corner, it is fair to say that forecasting the financial performance of your business is not only achievable, but should be an integral part of the way you operate. Successful business owners understand the importance of using historical data,read more

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