For businesses of all sizes, every spending decision holds potential; it’s an investment opportunity that, if managed correctly, can propel the company forward. The flip side is that it can also present a risk, especially if the business doesn’t have a system in place to
If you’re a small business owner with big ideas, protecting your innovative creations can be crucial to safeguarding your competitive edge. One of the most effective ways to do this is through patent protection. What are patents? A patent provides inventors with exclusive rights to
Inflation in Australia moderated to 5.4% in the September quarter, down from 6% in the previous quarter. This is good news for small business owners, who have been facing rising costs for inputs and supplies. However, the Treasurer has warned that inflation is likely to
This year’s sky-high inflation is hitting trades businesses hard. From the cost of suppliers and petrol to fewer customers and more job cancellations, it’s a tough time. New research from Small Business Loans Australia shows that 72 per cent of small businesses are struggling with
People’s overall impression of your brand is shaped by many factors. Direct and indirect interactions with your products or services are important, but referrals from friends and family, social media, customer reviews, product quality, shopping experience, and customer support can all have a role to
Family businesses, with their rich legacies and shared values, hold a unique place in the business world. They are not only centres of innovation and growth but also guardians of tradition and continuity. One of the most defining moments in a family business’s journey is
The NSW Small Business Commissioner is warning small businesses to be wary of some popular subscription services which are leaving businesses with thousands of dollars of unexpected bills. The Commission has been approached by small businesses who say they were caught out by unclear terms
Family businesses are often lauded for their resilience, values and continuity across generations. Yet, within these close-knit enterprises, conflicts can simmer beneath the surface, threatening to disrupt both family harmony and business prosperity. The ability to navigate and resolve these conflicts is where effective governance,
A new poll has found that 3 in 5 Australian employees believe that their employers are falling short of their expectations in terms of environmental protection efforts and sustainability practices. This is a significant increase from the 25% who said the same in a similar
Brandon Dawson is no ordinary business strategist. He has built and exited businesses for billions of dollars, and he is now helping executives worldwide achieve their personal, professional, and financial goals beyond their wildest dreams. In his new book, ” author of “Nine-Figure Mindset: How
Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
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