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Editor's Note

Friday 17 August

By Oliver Milman
Friday, 17 August 2012

Australian businesses’ trading conditions are languishing at their worst level in three years, according to sobering figures released this week.

 

There are several things that business lobby groups have called for the government to do in order to aid this situation, ranging from the tax regime to workplace laws.

But smart start-ups should be looking at how they can fatten up their profits off their own bats, rather than wait for the market to pick up.

Today, we outline 11 simple steps that you should be taking right now to ensure that your business is as profitable as it can be in the current trading environment.

Elsewhere, we profile a new utilities comparison site with a twist – it splits commissions 50-50 with consumers – and cosmetics queen Gillian Franklin talks customer segmentation.

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