Having more than one source of revenue helps secure your business financially. Moreover, it also drives innovation, and hone the overall customer service delivery of your organisation. While it is a highly recommended action for small businesses operating under...
People often see entrepreneurs and managers as persons with power, prestige, influence, and wealth. They may be facing some problems here and there, but too often, only a few people expect that one of these issues is business owners feeling lonely and isolated. In a...
In our previous post, we’ve discussed how simple financial issues can escalate to bigger problems that can impact your business growth. That said, while it’s true that the overall performance of the company reflects on its financial health, its stability and future...
Cash flow – the area that perhaps causes the most headaches for many business owners these days. In a survey conducted by Australian Securities and Investments Commissions (ASIC), it was revealed that of 51% of business startups that do not survive beyond four years...
“But the worst enemy you can meet will always be yourself…” – Friedrich Nietzsche Ignoring the Problems: Making Effects Much Worse In a research conducted by Angela Martin, an associate professor from Tasmanian School of Business and Economics University of...