Times are tough in the Aussie construction industry, with rising costs, a lack of labour and a challenging economic climate. This is leading to a rising number of business failures. About 1,400 construction firms filed for bankruptcy in the second half of 2023, according to a recent article from Inside Business. And it’s not just […]
Australia is fast heading towards becoming a cashless society. But there are still segments of society that rely on being able to pay in cash. With this in mind, the Federal Government is proposing new legislation that would make it compulsory for Aussie businesses to accept cash for groceries, fuel and other essentials. What’s the […]
Do you have direct debits and online payments set up for your business? Making it easy for your customers to pay you is vital to business success. Getting direct debits and alternative payment methods linked to your business is so easy these days there’s no excuse not to give your customers multiple ways of making […]
Inflation may be down but there’s still real uncertainty for business owners. We’ve been trading in challenging times for a number of years now. Knowing what step to take next is a key worry, we know you invest more than simply time and money into your business. It is more than a job but part […]
You’ve spent a lifetime building up your family business, growing the company and creating a lasting legacy for your nearest and dearest. But all good things must come to an end, and at some point in the future you’ll need to hand the business over to the next generation. What are the signs that it’s […]
Becoming the successor to the family business is a genuine honour. But taking over control of the family legacy, and taking the business to new heights, can be daunting. The older generation has been the curator of this business for years and will want to pass the company on to a trusted pair of hands […]
Paying the required surcharges on debit card transactions made by your customers is an operational cost that many business owners would love to see disappear. The good news for Australian businesses is that the Government is also keen to ditch debit card surcharges. In October 2024, plans were announced to ban debit card surcharging from […]
You’ve spent years growing your business and adding value to the company. Now it’s time to sell up, get a good deal and liquidise the equity you’ve had locked up in the business. In this series, we’ll give you all the advice you need to plan your exit, add value to the business, negotiate a […]
You’ve spent years growing your business and adding value to the company. Now it’s time to sell up, get a good deal and liquidise the equity you’ve had locked up in the business. In this series, we’ll give you all the advice you need to plan your exit, add value to the business, negotiate a […]
Is your business model as solid and future-proof as you think it is? Small businesses face a number of challenges in 2024, with the business environment, globalisation, technological change and difficult economic conditions all playing a part. So, is your business ready to pivot and embrace the future?Or could the viability of your business soon […]