THE 5 KING HITS THAT MAKE YOUR COMPETITION IRRELEVANT

All happy companies are different and rarely need to compete on price.All struggling companies are the same and are forced to compete on price. Creating incremental improvements to your product or service will do nothing to differentiate you in the market because everyone else is making the same incremental changes. You can’t just be different, […]

MICRO-MONOPOLY: WHY I’M ANTI-COMPETITIVE AND YOU SHOULD BE TOO

This blog has been re-posted with permission from Glen Carlson and the team at www.keypersonofinfluence.com.au. What would your business be like if you had excess demand with no competition?While monopolising your entire industry is unlikely, it’s quite a bit easier to build your own micro-monopoly. In their book Blue Ocean Strategy authors W. Chan Kim and Renée Mauborgne […]

WHAT’S THE DIFFERENCE BETWEEN AN EMPLOYEE & A CONTRACTOR

It can be difficult trying to work out what is the difference between an employee and a contractor. A good starting point is to remember that an employee works in your business and is part of your business. A contractor is running their own business. The main areas to check are the following: For more information, please follow […]

XERO PRICING PLAN CHANGES EXPLAINED

CHANGES TO STANDARD AND PREMIUM PRICING PLANS IN AUSTRALIA First up, thanks to the small businesses, bookkeepers and accountants who’ve joined the Xero revolution. We couldn’t have got this far without your support. You chose Xero because you wanted a better way of doing business, and we’re working hard to deliver innovative new features, partnerships […]

STRIPE LAUNCHES CLIMATE INITIATIVE FOR MERCHANTS

Sustainability is a hot topic and, in the fashion industry, it is not just a corporate concern. Consumers are increasingly pushing the industry to produce clothing in a sustainable and eco-freindly way. Recent studies have shown that shoppers want to see brands participating in environmental initiatives and are more likely to purchase from companies that […]

HOW TO RUN A BETTER VIRTUAL MEETING

Have you heard of Parkinson’s Law? Parkinson’s idea is that work expands to fill the time available for its completion. Essentially, if you give someone a week to complete a two hour task, it will end up taking a week to complete the task. This idea is worth thinking about in your online meetings. If […]

KEY POINTS IN THE FEDERAL BUDGET 2021-2022

The Federal Budget 2021-22 has many announcements and proposals aimed at economic recovery and includes investment in jobs, essential services, business incentives and tax cuts. Budget Highlights for Business Budget Highlights for Individuals Superannuation Highlights Other funding announcements include guaranteeing essential services, COVID-19 vaccine rollout, industry-specific measures, investment in employee training and mental health support […]

HOW NOT TO MANAGE WORKING FROM HOME

The way we work has changed. Since the first restrictions due to Covid-19, working from home has become a new norm and for a while, it was embraced by workers and employers alike. The media was full of predictions that this new normal was the future of work. But along with the increased flexibility, there […]

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