Free Business Tips

Hard Financial Reality

How many times have you heard terms like, “Never give up”, “Play hard”, “It’s all about taking risks…”, “Put your money where your mouth is”, “To make money you need to spend money” “If only we can make it through this rough patch”, “Set lofty goals to get results”, “Put it on the plastic…”, “It’ll […]

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Asset protection

In turbulent times there are the basics that need to be looked after like revenue needs to be more than expenses, but then again that should always happen, but in doing the basics an asset protection policy is always good too, who would like to loose a good performing asset right? but I am seeing […]

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Change, innovation and pure survival…

In the tumultuous financial crisis and the uncertainty it causes, there is one thing for certain, Change is happening. Sure it’s not a change that organisations implemented, and for many it’s a change they did not have a contingency plan for but it’s happening and if your organisation needs to do something about it, then […]

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On the edge…

When tough times strike my heart goes out to those businesses on the edge, and of course instead of talking about daily things that can trip up a marginal business, we are now talking about bigger fundamental global meltdown type trip ups.
So when the going gets tough how many of the businesses on the edge […]

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Banks and the meltdown

An interesting letter to the editor in a local paper about Ben Chifley’s (past Australian Prime Minister) idea of a nationalised bank being a must have.. Well we had that in Australia with the commonwealth bank then that was privatised…
Okay so what if We had a bank that had some form of Co-operative approach or […]

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Local music scene gets a boost! Yay Geelong…

In a stand against getting snubbed by some big bands, a Geelong based team put together a music show to set the town toe tapping and grooving to the beat of their own drum… Lets hope they get the support they need to make it successful!

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Your business and the flurry of market meltdowns

An interesting article in the Melb Age newspaper on the flow on effect to smaller businesses.
In an interesting basic view, if the big banks can’t get money to lend, or they are pulling their heads in “Just in case” then your chances of getting credit of some kind may well be hampered, in the short […]

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It’s risky, get over it and move on…

I have seen a range of TV current affairs shows recently pointing out businesses (reasonable sized ones on occasions), going under and taking investors with them. If you invest in a business it is risky, any sort of business (and I don’t care what glossy brochure or figures they show you…)
So there are risks involved […]

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Think Globally, Act Locally

I have just been to see WALL•E the animated film, it was fantastic, the graphics, the story, the whole concept was exceptional. So the environmental message? Yep there was one, and as such I figure on a local basis we can be doing things to prevent a “Wall - E - World” from happening… (hey […]

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Finacial markets in meltdown…

The USA banks, the market slide, you name it the financial markets are taking a battering with trillions of $$ in value lost… The media is alive with speculation, and sensational headlines.
WOW the guys with the money seem to be in a squeeze, now watch as the rest of us suffer in the aftermath.
But hey, […]

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It’s spring…

With spring just 11 days young, it’s time to clear out, clean out, seek out, innovate, create, get nasty with “stuff” and make way for fresh ideas, colours, thoughts and so on. Explore the ether, the space, the things I know little about (well to some degree).
It’s fine for me to feel this way but […]

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Who’s responsible?

In the “topsy turvy” world of franchise contracts, agreements etc, (which many franchisees have little understanding of) it’s painfully obvious that many of these documents ask the franchisee to jump through hoops, but how about working things the other way?
Over time the franchisor will build a “watertight contract” and expect the franchisee to know a […]

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Wisdom comes in many forms…

Fast thinking and wisdom can work wonders, I saw this today and thought it’s well worth reproducing here, enjoy!
A wealthy old lady decides to go on a photo safari in Africa, taking her faithful aged poodle named Cuddles, along for the company.
One day the poodle starts chasing butterflies and before long, Cuddles discovers that he’s lost. […]

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How much will you start with?

Starting a business is a great idea, you think about the possibilities, get emotionally wrapped up in it and then make a start… But there are a few things you may not have thought of, namely how much money you will need to get started and how long you will need to “feed the beast” […]

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Their vision v’s your vision…

How about this, an organisation has the following core values as part of it’s vision.

Responsibility and Leadership
Achievement and Excellence
Citizenship and Community
Initiative and Commitment

Sounds great, things to aspire to… one problem they don’t do it, well not all of it, here are some points…

Staff are failing to take responsibility, citing they do not have the resources […]

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500 fail…

In our local area, the media are reporting that 500 businesses have failed during 2006.
Even if half of that is true it’s too many, some might be secondary businesses that are operated by a family or an off shoot of a group of investors. Some might be moves to new locations, others could be re […]

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The important parts of business

In the “game of business” it would pay to know about the important things, what they are. To me my list is fairly short. To you they might be different altogether.

Product and or service - You better have something of value to offer or they won’t buy.
Leverage - Your time, you work hard, then […]

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The “Ideal” business

If like myself and other business people I have come across you probably have thought about the ideal business and what it might be like.
Well here’s a list to get you started on thinking about it, feel free to add any points via the comments.
1. It provides value - The product or service is […]

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Did you have enough cash?

When yo got started in business you probably didn’t figure on how much it would cost to get started, I guess no one really knows until they have done it. and for so many people in business they find they just don’e have enough to really cover their marketing costs to get a decent response.
There […]

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When it gets quiet… you???

So what do you do when things get quiet in the business?
Do you…
- Wonder why?
- Start to do all the little things that you mean to do when you are busy?
- Start marketing?
- Sack some staff!?
- Sit and wait…
- Check how things were this time last year?
- Ask what’s happening?
- PANIC!
- Change things?
- Go back […]

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It’s 9:01am you’re open for business… Yes?

At this time in the morning many are open and ready to go, but there are those that seem to not get in ’til later… It sets me to wondering what business was like for them say… yesterday. Did they not get enough people in the door that they felt it’s not worth it? They […]

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I’m thinking about going into business, should I?

A friend and I were chatting, he is to be made redundant, and after many years in his role with a big multinational he stands to get a good pay out. He’s still got plenty of time as an able bodied worker and wants to work… But.
There have been a number of larger businesses fold […]

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You set your own standards…

Current news 26th may 08 Victoria Australia. It was announced today that an aged care facility is in the hands of administrators today, 100+ residents are unsure if they will have a place to live. lets leave the emotions to one side for a moment and look at it from a business viewpoint.
Here is a […]

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It’s monday, what now?

The weekend has been and gone, and here you are back at Monday, ready to face another week… Firstly are you excited about the prospect of another week? Or is it something you wish would end quickly? Whatever your state of being right now, take a moment to focus.
Grab a sheet of paper, […]

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Leaders seek out top talent

Leaders are an interesting lot, often found wandering, “dazed”, plodding, planning, scheming and making sure everything is in it’s right place for the team to do what the team does best. So in the plodding and wandering the astute leader searches and hunts down exceptional people to be part of the team. They also work […]

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How to Select the Right Person to Join Your Team

The reason people select the wrong person is because they don’t ask the right questions in the interview, they don’t probe to uncover real competencies and capabilities, they don’t explore the person’s true personality and attitude, and they get swayed by enjoyable ‘chats’ that should in fact be probing interviews.
We all like to work with […]

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So how do you “grade” your training?

Recently over a very serious business lunch, the matter of grading came up in regards to karate, I suggested in one of those “A-ha” moments, that the same principle could be applied to staff training.
You see the person I was lunching with is a karate ‘nut’ and mentioned his new staff member was like a […]

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Do You Have What it Takes to Lead?

Think about the leaders you’ve had in your life – that is, the people you’ve respected and listened to, and in many cases followed. School teachers, uni lecturers, people you’ve worked with, mentors, coaches, captains of sporting teams, friends, family.
Why did you see those people as leaders? Why did you accept them as your […]

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How to Attract the People You Need

Just because you select an ideal recruit for your business, doesn’t mean they will automatically want to work for you. Why not?
Many businesses overlook the fact that they have to sell their offer and make it an attractive option for prospective new employees.
If you operate in a competitive environment where good recruits are scarce, or […]

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The connection…

Your business is all it can be due to a few factors and often it boils down to how people connect, customers to staff, staff to staff and any other stakeholders you may have in the equation.
You see it’s about your values and beliefs and theirs, if you are employing staff it is important for […]

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Leadership is it… PERIOD!

Leadership is it… If you have ever wondered about what makes a solidly compelling and successful company, well check the list and see what you think…
A leader leads by example… If it’s a brilliant business the leader is brilliant and that excellence is passed down with ease. They follow excellently because they were led excellently, […]

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The basics of the basics of business.

Let’s get simple with the $$ and the practicalities of business.
$$ in, this comes from the sale of goods, services and the income from investments made on behalf of the business.
$$ out, these are the expenses your business has.
Profit (or loss) is the difference between the $$ out and the $$ in.
The aim of the […]

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The money or the end product?

When you start out in business or develop a new product there is an inevitable challenge to figure out if the emotion that motivates the initiative is the only thing making it happen or the $$ are a motivator as well.
I guess the ideal is both. People want the product, you make it, they pay […]

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Lets say sorry and move on…

In an historic address to the nation today Australian Prime Minister Kevin Rudd said “Sorry” to the stolen generation. He said sorry for the pain, sorry for the ongoing indignation, sorry for previous governments not apologising, for taking indigenous children from their families many years ago.
In essence he is saying we are sorry for the […]

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So you are in business… Are you making any $$?

You have the business set up and things are running ok. You handle customers well, you pay the staff, you keep things ship shape in the bookkeeping area, all seems well, but are you making any money, real money, real income?
In the scheme of things those that have gone from an employee to a business […]

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How to create a Unique Selling Point.

From an original article on various business success pointers, here is an individual “how to” option on unique selling ponts for you to explore.
Market leading Unique Selling Point/s –
Creating a unique selling point is all about setting yourself apart from your competition, sometimes called a Point of Difference. It’s all about identifying what makes your […]

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How to train to Win/Win

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Training to win/win
You and your staff should be trained to make the whole show win, then the customers can win too. A great position to get to and stay in.  For some the idea […]

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Publicity- DIY or outsource??

Recently I’ve had a few people ask me about Publicity and if they should do it themselves. I find that I answer both yes and no, depending on the person. Many people talk about how publicity is ‘free’,  except when you pay over $1000 for a company to do it for you.
So, how do we […]

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How to create a business with great values

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Upholding great values
People love it when you are on a positive footing and in the values area it’s a great place to start (integrity – honesty, truthfulness etc.).
Start the business with a strong stance on […]

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How to create a business where the overheads are easily covered

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Covering overheads easily…
Overheads are often the thing that break the camels back, so make it easy for the camel and take the pressure off, in this case keeping the turnover and cash flow up so […]

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How to create a business that is enjoyable to run

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Enjoyable to run
Who wants a business, which is a hassle to run? Who wants to work in a tough field? No one… Make it a joy to be part of for you and staff […]

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How to create an easy saleable range

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Creating easily saleable products and services
You want people to buy, not to um and err then walk away, so it should be easy for them to select what they want and then make the purchase […]

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How to create a business that really fills a need

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Does your business fill a need and or want?
Hopefully it does both. If there is no need for what you have there will be no sales, therefore no business. This is a vital prerequisite for […]

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How to create a business people love

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Creating a business that people love!
Customers and staff a like love the business and what it does, heck why have a business that people despise? Go for love, it’s much better. But that’s easy […]

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How to grow your business

From an original article on various business success pointers, here are the individual “how to” possible options for you to explore.
Growth ability
Starting out in business is one thing, growing the business to be more than it currently is another… And for many business people the idea of growing the business seems strange, they have […]

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