Management Matters

Asking for money is probably one of the least enjoyable jobs in business. If it isn't handled right, it can have a massive impact...

Every business owner knows the importance of running a profitable and lean team, but when was the last time you took the pulse of...

The current global financial crisis has been described as a “once in a lifetime recession”. However savvy business owners, entrepreneurs and investors recognise it as a once in a lifetime opportunity to make money.

Ben Kaufman, who also founded mophie and kluster, is back with a new variation on NameThis: quirky. The premise is this: entrepreneurs and creative people in general are bubbling with far more product ideas than they can possibly pursue. Consequently, these ideas end up dormant or exploited by someone else. Described by Kaulfman as a "social product development company", quirky invites users to submit their product ideas for US$99 each - this ensures that only the best ideas are lodged. The quirky community selects one product from the pool of submitted ideas every seven days. From there, the community (known as "influencers") weigh in by voting, rating and influencing other people's product ideas.

Call me crazy but we've recently offered 'pay what you think it's worth' (PWYT) terms to selected customers.

Call me crazy but we've recently offered 'pay what you think it's worth' (PWYT) terms to selected customers.

There is an old saying: "If you aim at nothing you will hit the target with amazing accuracy." If you want to improve the results in your business, you need a target to aim for and a system for monitoring progress.

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.

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.

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".

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.

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

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

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

How do businesses determine their price to customers?

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.

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....

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.

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