The threats being faced by the world economy in 2020 [SPONSORED]
We got into 2020 with our hearts in our mouths because no one wants to go through an economic recession. Especially those who were around during the last one.
We got into 2020 with our hearts in our mouths because no one wants to go through an economic recession. Especially those who were around during the last one.
Australia’s micro businesses across almost every industry sector have reported significant negative revenue generation for FY 2019, invoicing for 7.6% less than the previous financial year, according to research released today by Invoice2go.
It’s a story of entrepreneurship and, resilience. One hundred years ago, William Richard Warner stepped off the boat from England with his two children in tow. Just six weeks later on 4 March 1914, he opened the doors to a humble nursery shop in Burwood Road, Auburn. Today a full century and four generations later,…
After years of being a stay-at-home mum, Jenny Folley started to get itchy feet. She missed the thrill of work but didn’t want to put her youngest daughter through childcare so she thought, “Hey, why not start a business?” After doing some research, she recognised a gap in the Australian market for serviced offices specifically…
Customers are expecting more for less. What may have begun as a retail revolution, has resulted in a discount war. Essentially, for most businesses, it’s a race to the bottom. That is, who can do the most for less. It is changing the way the world works, how businesses operate and yet, most people still…
The prophets of gloom and doom suggest that the economy will struggle without a high-flying mining sector. But the fact is that the economy is constantly evolving and responding to change. One huge change in the operation of the economy is the trend for consumers and businesses to purchase goods online, requiring the goods to be stored and distributed to end purchasers.
Some of our worst fears about unemployment seem to be coming true. But there might be economic salve in engaging with the employees, rather than letting them go en-masse.
Historically, the marketing budget is the first to get cut back when companies feel the squeeze. As Darwinian principles take effect, the unprepared marketer can end up on the scrap heap. In tough times, as well as the good ones, panic is the enemy. With some clear thinking, careful planning and clever spending, it is…
We decided to ask you, our very innovative readers, to tell us how you have tweaked your own business models to build new revenue streams and make money in this destructively distracting economic climate (rather than ‘save’ it).
And, of course, we’ll publish the most interesting, innovative, inspiring and instructional in our Apr/May/Jun print edition.
We decided to ask you, our very innovative readers, to tell us how you have tweaked your own business models to build new revenue streams and make money in this destructively distracting economic climate (rather than ‘save’ it).
And, of course, we’ll publish the most interesting, innovative, inspiring and instructional in our Apr/May/Jun print edition.
You may have noticed that every second Thursday, over the last few months, I have posted a blog on a topic that explores entrepreneurship. I hope that these aren’t coming too frequently (if they are, I’m sure you’ll let me know). Over this same period of time, there is one topic that has dominated the…
We’ve noticed a strange trend in our circulation data these past six months. Subscription numbers have dipped while retail sales have increased. It’s all ‘swings and round-a-bouts’ to us but it still begs the question: At a time when many business owners are battening down the hatches and pulling their purse strings tight, why are…
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