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News, opinions and advice on managing business systems and people.

World's most litigious man sues Guinness Book of World Records

Jonathan Lee Riches is unhappy about being labeled the world's most litigious person. So much so that he is suing the Guinness Book of World Records.

Taking the Reins: The risks and rewards of a management buyout

For most managers, conducting a management buyout (MBO) can be a life-changing experience. An MBO offers the management team (either as a whole or a few individuals) an opportunity to purchase the business from its current shareholders, usually with the backing of a private equity fund. The transaction allows the individuals involved to enjoy a significant stake in their own business and be given the opportunity to "run the show".

Polishing up your financial crystal ball

The 2008/2009 financial year would have to be one of the most volatile for many years. What will 2009/2010 bring for SMEs? Some say it will be tougher and there will be more job losses and some say there will be great opportunities around. Whatever the next financial year brings, every business owner needs to plan for the worst and the best case scenario.

Australian exporters can claim IP expenses from 1 July ’09

For the first time, Australian exporters will be eligible to claim IP expenses under Austrade's Export Market Development Grant Program (EMDG).

Australian exporters can claim IP expenses from 1 July '09

For the first time, Australian exporters will be eligible to claim IP expenses under Austrade's Export Market Development Grant Program (EMDG).

Marketing wisely in an economic downturn

Historically, the marketing budget is the first to get cut back when companies feel the squeeze. As Darwinian principles take effect, the unprepared marketer...

Setting the wrong price can be costly

How do businesses determine their price to customers?

Getting paid

Sometimes the hardest thing in business is not finding customers; it is being paid for the product or service you provide. As Australia's economy slows, the average age of accounts receivable is stretching many smaller and emerging businesses to almost breaking point.

6 tips for raising private capital in Australia

Although there is much investment capital available in Australia, raising it can be a tough road for entrepreneurs, particularly for early-stage or start-up companies....

Not-for-profit Miro launches new 'adopt a line of code' business model

In an effort to secure required development funds and a way forward, open source media software platform Miro today announced its revised business model: adopt a line of the software's code.

Not-for-profit Miro launches new ‘adopt a line of code’ business model

In an effort to secure required development funds and a way forward, open source media software platform Miro today announced its revised business model: adopt a line of the software's code.

Stimulus goes viral

Stimulus is in the air, and not just in the form of optimistic government handouts.

10 Ways to pump up your profits in May

Your goal in these challenging times is to keep focusing on how you can generate more income for your business. Keep asking yourself: "Is this the best use of my time? Is this going to generate more money for my business?" If it is not, stop doing it, or outsource it.

How Russian Roulette could save your business

When two people decide to start a business together, it's hard for them to see how this promising relationship might one day turn sour. Managing the end-game is something to get right at the beginning with a stakeholders agreement. Russell Wheeler explains why.

Australia's vanishing clean coal opportunity

If we are to defend and improve our competitive standing as a first-tier global economy, Australia needs to invest heavily in the development of...

Australia’s vanishing clean coal opportunity

If we are to defend and improve our competitive standing as a first-tier global economy, Australia needs to invest heavily in the development of...

Work and the “F” Word(s)

Last year I was enlightened by a friend about the 3 Fs of work - Fun, Fame or Fortune. This lady is a brilliant...

21 things to consider before carrying out redundancies

Most business owners stress out at the thought of redundancies. It is very important to find a middle ground (it will never be a perfect balance) between acting under the legal and commercial requirements and responding humanely to people's lives being affected so dramatically. Here are 21 things you must consider before carrying out redundancies.

Get the best deal on your I.T. solutions.

PowerBuy is the new, fast & easy way to save on I.T. During my last role as marketing director for a well known I.T. manufacturer...

How will your business cope with falling turnover?

How would your business cope with a 20-30 percent drop in turnover? How do business owners deal with the wave of economic uncertainty that's reported on every day in the news, and decide what actions to take to survive and guide their business through (what we all hope will be) the inevitable upturn?

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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

OPINIONS & ADVICE