Jason Cunningham tells us he is a CPA – a “car parking attendant.” Wait, he means “certified practising accountant.” That’s more like it, eh? Seriously, though, Jason is a man of many talents. He’s a builder of businesses, proprietor of CPA firm The Practise, a radio personality, the “money man” on Channel 10, and a…
So, it’s 2011. Don’t you love all those articles about New Year’s resolutions that give you hope that your business can achieve anything (and now)? But exactly how do you go about it? Here are some suggestions.
It’s right to think that if your organisation is not being innovative it will not be able to retain its position and will soon be overtaken by smarter competitors. But, unfortunately, the other side of this reality is that if the innovation initiative is not delivering quantifiable value then clearly it should not be funded and, therefore, should not exist.
It’s right to think that if your organisation is not being innovative it will not be able to retain its position and will soon be overtaken by smarter competitors. But, unfortunately, the other side of this reality is that if the innovation initiative is not delivering quantifiable value then clearly it should not be funded and, therefore, should not exist.
With the start of the next quarter of 2010, now is a good time to make your personal and business resolutions for the remainder of 2010 and beyond. Here are the things to consider.
Keeping a close watch on cashflow and improving administration processes is the answer to growth and sustainability in 2010. Here is a ten-point checklist designed to help small businesses get their houses in order.
“When we arrived, the staff knew we were a triage team called in to determine whether they should receive emergency surgery and a chance at life or a shot of morphine and a painless journey to oblivion.”
Picture this. You are at a party. You casually mention a problem you’ve had with your computer. Before you know it, someone you barely know creeps up and whispers the words “you need a server” and then disappears before they ever really showed up.
You are left confused and on your own with those words ringing in your ear.
He coughed, spluttered, back-pedalled and delivered amazing excuses: Credit this, debit that, liability something else, below the EBIT line over there, management fees somewhere else, intercompany loans and so on.
I could see George starting to waver so I asked a very simple question to by-pass the jargon and drivel and get us back to the point of the discussion:
Funding and cashflow are the seemingly ever elusive crucial components to running a small business. With the banks being the most obvious source to approach, business owners often find this a frustrating and generally ‘closed-door’ option. David Hechtor looks at the alternatives.
Are your technology suppliers and support providers advising you according to your best interests, or theirs?
I can never figure out if that Dire Straits song goes “money for nothing and your chicks for free” or “money for nothing and your cheques for free”.
Let’s stick with cheques for this post, because everyone knows you don’t get chicks for free unless you play the guitar on the MTV. Plus, getting cheques for free is in context with what I want to talk about.
When business partners launch a new company, all of their attention and energy goes into getting the new venture on its feet. However, it’s not long before questions and difficulties arise over disparate workloads, responsibilities and remuneration. Darren Bourke offers some advice on how to keep all parties walking in the same direction.
Running a small business inevitably means becoming a jack of all trades, most notably of which is ‘doing the books’. This in turn requires getting to grips with tricky accounting packages, an understanding of spreadsheets and becoming conversant with accounting jargon. The result is waving goodbye to your evenings, weekends and regular sleep.
Starting the new year with an optimistic outlook is one thing. To remain confident throughout the rest of the year requires setting a series of short-term measurable goals that you celebrate as each is achieved.
Starting the new year with an optimistic outlook is one thing. To remain confident throughout the rest of the year requires setting a series of short-term measurable goals that you celebrate as each is achieved.
The first thing you need to do in order to take the amazing idea in your head and turn it into a fully-fledged company is to raise capital, and the first piece of advice you’ll get is to create a business plan and a forecast. If that sounds like an awful lot of hard work, you’re right. If you don’t even know where your next pay cheque is coming from, how can you be expected to have foresight years ahead on the performance of a company that exists only in thin air? It also sounds suspiciously like a budget — something you thought you’d left behind in the corporate world.
The first thing you need to do in order to take the amazing idea in your head and turn it into a fully-fledged company is to raise capital, and the first piece of advice you’ll get is to create a business plan and a forecast. If that sounds like an awful lot of hard work, you’re right. If you don’t even know where your next pay cheque is coming from, how can you be expected to have foresight years ahead on the performance of a company that exists only in thin air? It also sounds suspiciously like a budget — something you thought you’d left behind in the corporate world.
The New Year is a great time to take stock and prepare your business to gear up for a new operating environment. Westpac’s Sian Lewis provides the following New Year’s resolutions to kick-start your business for the year ahead…
During this two hour seminar and networking event, attendees will learn from five of Australia’s leading experts on venture capital and business development – real investors, currently seeking investment opportunities, and successful entrepreneurs, who have ‘been there’ and secured private funding for their growing companies.
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