Client Journey: The DIY mentality — is it holding you back?
Australian business owners often embody a ‘do-it-yourself’ or ‘DIY’ mentality. While this is generally a good thing, here we look at situations where it might hold a business owner back.
Client Journey: Owners who don’t delegate enough
Many small business owners struggle to delegate tasks. Here we suggest some practical steps for business owners to better delegate to their team.
Client Journey: Who do business people call when they face insolvency?
When your business is in difficulty it is important that you can access reliable advice on what to do next. Here we look at the main contenders for reliable pre-insolvency advice.
Client Journey: Owner burnout – what to do when the ‘energy bank account’ is empty
Burnout — chronic physical and mental exhaustion — is a major problem for small business owners and the economy as a whole. Here we diagnose the key contributors to burnout in Australia and offer some tips for business owners to avoid it.
Client Journey — What the financial statements don’t tell you
Financial record-keeping and preparing financial statements are vital activities for small businesses in Australia. However, financial statements don’t tell you everything. Here we look at what the balance sheet and P&L statements leave out.
Client Journey: Is This Guy the Problem?
It is a mistake to think that all business financial issues have external causes. Here we ask, what if the guy or gal is the fundamental problem?
Client Journey: A Purpose Beyond Profit
By definition, a business is started in order to make a profit for the owners. But is that all it’s about? Here we look at why it is crucial to have a business purpose beyond profit.
Client Journey: Missing Payroll — the Final Breach
Missing payroll is one of the clearest signs that a business is in financial difficulty. Read here all about the connection between payroll and liquidity difficulties.
Client Journey: Big Project failure
The failure of big projects can be devastating to small businesses. Here we set out how small businesses can better manage project failure to survive and thrive in the long-term.
Client Journey: No More Succession: Why doesn’t the next generation want to take over?
The younger generation are more reluctant to take over the family business. Why is this, and what can family businesses do about it?
Client Journey: Strategy Is about Saying No
Overloaded small business owners often struggle to say ‘no’, even though this is crucial to the strategic direction of the business. We discuss how this is relevant for business turnarounds
How to recharge your cash (and energy) levels
As a small business owner, what should you do when your cash — as well as your own energy — is starting to run out? Here we offer some practical suggestions.