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 […]
Corporate Zombiism 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. […]
