Soft Skills VS Hard Skills – Striking The Right Balance
The skills of your team underpin the success of your business today and in the future. A successful business will grow in size and require more team members to manage customers and operations, so how can you achieve an appropriate skills balance that avoids skill gaps and creates a cohesive team? There’s not one straight […]
Business Owner Upskilling Part 1: Define Your Leadership Style
As a business owner, you’re also the visionary and leader for your business, and your leadership style sets the tone not only for the operations and management of your service or product, but for the quality of customer engagement, how your team interacts with one another, and how your brand is perceived in the public […]
Sale Ready Part 5: Environmental Analysis
An environmental analysis helps you understand the positive and negative impacts of internal and external factors on your business performance. As you plan for your exit and sale, consider completing an analysis to anticipate future opportunities or challenges and learn from past industry trends to prepare accordingly. If you’ve been following our blog series, you’ll […]
Your Business Marketing Plan Part 3: The Market
Defining the market within which your business sits is essential to understanding how to reach them through your marketing strategy. Not only will it bring you closer to your customers and their wants and needs, but truly niching down on a well-defined market ensures you stay on track and on budget. In short, you can’t […]
Your Social Media Plan Part 6: Budget
In the grand scheme of your social media plan for your business, your budget is an important consideration. A social media budget, just like your business plan, is a key document that outlines what you plan to spend on executing your social media strategy – this might be defined over a month or over a […]
Your Social Media Plan Part 5: Monitoring & Measuring
Once you’ve got your social media plan ready and a team prepared to action it, you want to ensure you monitor and measure the right metrics to see what works, and what doesn’t. Much of the early days of getting present on social media is a game of trial and error, especially if you’re a […]
Your Business Exit Strategy: Record Keeping
In the final installment of our ‘Planning Your Business Exit’ series, we’re taking a look at the importance of record keeping for your business, preparing your business both today and in future for a successful and smooth business exit. As a business owner, record keeping is a legal obligation to manage and keep track of […]
Sale Ready Part 4: Gap Analysis
Improving your business should be an ongoing process, not just something you do before selling. A gap analysis is a smart way to identify areas for improvement and optimize your operations. After all, knowledge is power, and knowing where your business stands allows you to make informed decisions. A gap analysis helps you identify where […]
Is Franchising an Investment in Your Future?
Want wealth and lifestyle balance? Invest in your future by selecting a high-growth franchise, setting your sights on multiple ownership and learning how to work on the business. When we think of wealth creation strategies, the two most common vehicles that come to mind are property and shares. More people are now realising that franchising […]
Sale Ready Part 3: Questions to Get Ready to Sell
When getting ready to sell, diving in before ensuring your business is sale-ready is easy. Whether you’re selling for personal reasons or business growth, reflecting on your business’s readiness will streamline the process. To help, we’ve created essential questions to guide you before engaging a broker or professionals. Answering these will help confirm your business […]
