Starting a Business

hiring staff

06 Aug Hiring the right person

Finding the right workers can be a challenge. Since much of a small business’s success depends on the quality of the people they hire, this is a crucial task. Here are five things to consider when hiring that should increase your chances of success: Write a clear job description It is difficult to recruit the right person if you are not sure what job you want them to...

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business plan

06 Aug Taking your business interstate

While expanding your business to open up in another state is an exciting time for a small business owner, a lot of hard work goes into this next phase of a business’s development. One of the very first things business owners need to do is get their planning under way. Analyse and evaluate Small business owners need to evaluate all of the strengths, weaknesses, opportunities and threats...

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06 Aug Making sales calls

There are a few aspects of running a small business are as intimidating as actually making sales calls. Nevertheless, making sales is a vital part of any business. Regardless of whether or not a business has a salesperson or sales team it is important for the business owner, to make sales from time to time — not just to make money, but to learn from customers...

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Constructive dismissal

01 Aug Understanding constructive dismissal

Constructive dismissal, in effect forced resignation, occurs when the behaviour or conduct of an employer is so harmful, adverse or unfriendly to their employment relationship with an employee that the employee cannot be expected to deal with it. Examples include an employer: expressly suggesting that an employee resign actively making it difficult or impossible for an employee to fulfil their role failing to provide a safe...

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customer payments

01 Aug Speed up customer payments

Managing debtors is often a cause of frustration for many small business owners. Unpaid invoices can seriously disrupt cash flow. Between chasing late payments and keeping track of invoices, debt collection can be a headache. Fortunately, there are ways to speed up your payments with a few simple adjustments to your invoicing system you can increase your chances of getting paid promptly. Here are five ways to...

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owner salary

14 Jun Establishing your salary as a business owner

Although business owners and entrepreneurs get to decide on their own salary, determining the amount can be one of the hardest decisions to make. Striking the right balance between paying yourself too much or too little is an age-old conundrum that faces every business owner. Importantly, owners shouldn’t make the mistake of paying themselves from the profits their business makes. Before paying yourself with the money...

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office space

14 Jun Making your office space more productive

It is incredible the impact that the physical characteristics of an office can have upon workplace productivity. Elements such as colour schemes and office layout, which may seem inconsequential, can have tremendous effects on productivity. Here are three things to consider when redecorating your office space: Lighting: Natural light has a positive effect on people’s mood and tends to improve their work. Obviously letting in more...

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business owner

09 Jun Establishing your salary as a business owner

Although business owners and entrepreneurs get to decide on their own salary, determining the amount can be one of the hardest decisions to make. Striking the right balance between paying yourself too much or too little is an age-old conundrum that faces every business owner. Importantly, owners shouldn’t make the mistake of paying themselves from the profits their business makes. Before paying yourself with the money...

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