Great, you’ve got your business health score, but how do you know if your business is healthy?, what does it mean and what can you do to improve it? This post will make you an expert in minutes Business Health Score The business health score is the first place to start in assessing how your […]
Identifying risks building within your business Is Your Business Becoming Complacent? A couple of bits of news really piqued our interest this week and got us thinking. The first, a survey by CPA Australia into the effects of Covid on Australian businesses. The findings were from a survey of over 4000 Australian businesses. Its conclusions […]
Business Podcast Summary To save you time and effort (it’s what we do!) here’s a summary with links to our initial podcast series, originally created in 2021 Episode 1 Alan Jones Serial entrepreneur, investor, mentor Episode 2 Caleb Gibbins (CEO Cache) and Sean Greenhaugh (CEO TimeChi) Episode 3 Gordon Whitehead Business Advisor Episode 4 Brendan […]
Recent ABS statistics showed that between 60 and 70% of all businesses do not make it to their 5th birthday. Think of all that blood, sweat and tears within those businesses. There are a myriad of reasons for such levels. Two of the key reasons are 1) poor financial spatial awareness and 2) inadequate financial planning and forecasting. As a company, these […]
If, like thousands of other business owners, you are at times unable to see the wood through the trees, there’s some little tricks that you can use to ensure your business is on track – and these will only take a few seconds each month. We recommend checking at least every month, after closing your […]
According to Banerjee and Hoffman, (2018) a Zombie company is an established company that is being artificially kept alive and unable to service its mounting debts. Their key takeways from their research were: [Corporate Zombiism appears]: “ to be linked to reduced financial pressure, reflecting in part the effects of lower interest rates. They are […]
In recent years, best practice has stated that having at least some independence on your board will bring a number of benefits to your business. Some of these are listed below: Diversity of thinking Objectivity of thought A natural challenge to groupthink A formality and rigidity to board meetings Bring in outside skills to the […]
Forward Companies, like people, evolve over time. As your startup grows, so will the mechanisms and processes in which it operates, in order to prosper. This is summarised on the below. We are arguing, that strong governance of your startup is critical during all the stages of startup, however, the exact form of governance, the […]
Watch Jazoodle and the UNSW Founders 10X Demo in Action Jazoodle were recently featured by IT Wire as part of the coverage from journalist Alex Zaharov-Reutt who has been a long term fan of Jazoodle and our platform. Great write up of all of our fellow cohort, thank you Alex!https://youtu.be/ACxO3pm3iTw
