The difficulty of obtaining capital from banks and other lenders means many entrepreneurs resort to borrowing from friends and family. However there are some pros and con that need to be considered – here are five key tips to keep you out of trouble.
The government claims a lack of business confidence is responsible for weaker tax receipts. Despite this, the federal budget does little to give business confidence.
Do you struggle to budget for your business or, worse, plan based on adding 10% to this years’ expenses? If so, put away your old abacus – there are some simple ways to make your budgets more effective.
There are now more than 600 grants worth $50 billion available to businesses in Australia, making it a great way to raise capital. If you’re looking to apply for one, here are five steps you need to follow.
The X factor is the edge that gives you a significant advantage over your competitors. Here are five key lessons on how to give your business a boost.
While reviewing submissions for the StartupSmart Awards, I noticed a few significant holes in some business plans. Here are eight common holes you need to look for and plug.
Highly successful people tend to create their own luck. If you’re about to start-up, here are seven ways to guarantee good luck in business – without needing a four-leaf clover. BY MARC PESKETT.
From the retail sector to the media, technology is rapidly reshaping whole industries. However, by taking advantage of government grants, you can make sure your business remains relevant. BY MARC PESKETT.
Is your business ready for outside investment? Here are the three key benchmarks you need to look at before you start seeking finance. BY MARC PESKETT.
The great thing about following business trends is that they give you an indication of the direction your industry is travelling. Here are five top trends to follow. BY MARC PESKETT.
What’s the right revenue model for your online business? If you’re trying to monetise your innovation, you now have a number of options to choose from. BY MARC PESKETT.
As the owner of a growing start-up, there comes a point where you need to hire experienced managers to help you run your business. Here are five key tips to managing the transition. BY MARC PESKETT.
Do you have ambitions of international expansion? If so, be prepared to grapple with international tax regulations. BY MARC PESKETT.
In business, complacency costs cash. Here are 10 warning signs you need to look out for to avoid falling asleep at the wheel. BY MARC PESKETT.
It’s easy to get distracted by bright shiny ideas and other wonderful things, but running a business requires that you never lose focus of the basics. BY MARC PESKETT.
When you decide to start-up, a key decision is whether you should go it alone or buy a franchise. Here are five major advantages to becoming a franchisee. BY MARC PESKETT.
We’ve just come through the first quarter of the financial year. It’s a good opportunity to have a look at how your business is performing in these three key areas. BY MARC PESKETT.
Do you have a clear idea of who you are, what you do and why you do it? If you want your business to succeed, here are five questions you should be able to answer. BY MARC PESKETT.
In some situations, there are important reasons to buy an existing business rather than start a new one. But be warned: There are a few pitfalls to watch out for. BY MARC PESKETT.
There’s a lot of great information out there for start-ups, but don’t let it distract you from the primary task at hand. BY MARC PESKETT.