How often have you walked up to a store, ready to spend money, but been put off by the shop front display – or lack of it? Now apply that theory to your own business! The way you present your business to potential customers is vitally important. It’s called visual merchandising. It not only creates […]
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Food waste is a major issue in Australia, in terms of cost and the environment. And it is a problem faced by many, from domestic households to the hospitality industry. A study conducted by Melbourne University last year concluded that around 40% of the stock purchased by hospitality businesses ends up in the bin. And
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It seems impossible to switch on the TV these days without seeing an advertisement for insurance. From the cheapest car insurance to funeral cover and pet insurance, we’re bombarded with reasons why we need it. Some people insure everything; others make do without – but one thing’s for sure. If you are in business you
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You might not be aware, but more than a third of Australian businesses are owned by women, and the number is rising. In some ways, this statistic is no surprise, as women are graduating from university at higher rates than their male counterparts. But it could be higher still. Female Entrepreneurs Under Represented Researchers believe
If you’re planning to buy a business, there are probably a million questions running your head right now! And quite a few different emotions, too. Excitement, trepidation, fascination – and perhaps a little confusion over the terminology of the business advertisements your are reading. One of the most confusing issues for new business buyers is
Profit Versus Turnover Read More »
Regardless of the industry you are in, or the product you are selling, your customers should be your #1 focus. Your product or service may be the best in the world, but if you don’t know how to attract customers, your business could fail. Gone are the days when you could simply hang up a
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Starting your own retail business can be an exciting time! While we all choose to start businesses for different reasons, it could be a sea change (or a tree change), there’s one common aim we all share – and that’s to be successful and make money. For many business owners, that success is based on
Retail Sales Techniques That Work Read More »
There’s no doubting the fact that online businesses are booming, and are filling a very real demand from an ever increasing range of customers. eCommerce sales are projected to increase 21% by 2018 (PFS June 2016), with online sales exceeding $20 billion for the first time last year. However, despite these positive statistics, there are
Starting An Online Business Read More »
Are you thinking of selling your business but wondering if it’s the right time of year? That’s a smart question because timing can make a huge difference to your profit. But sometimes the time to sell a business isn’t controlled by economic or seasonal factors. Why Sell A Business? People sell businesses for all kinds
Is Now A Good Time To Sell Your Business? Read More »
Let’s face it, life is stressful! Working for a boss can be stressful. But there’s no doubt about it, the life of a busy business owner is most certainly stressful. There is no job description, no set hours, no statutory breaks – and plenty of overtime! If your finances improve, you’re less stressed, right? In
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