Why do businesses fail? It’s a question that’s been asked since the dawn of commerce but the answer is not always black and white. Sometimes it’s a combination of factors that leads to the demise of a company, while other times it may be just one thing that causes the business to fail. A successful … Read more
As a business owner, you need to be prepared for anything- including high inflation. As we grapple with the aftermath of the pandemic, business owners globally are feeling the effects of inflation, and Australian business owners are no different. Australia is currently experiencing 6.1% inflation (for June Quarter 2022), the fastest annual increase seen in … Read more
Creating an exit strategy may not seem critical when you first start your business, and it is a frequently overlooked aspect of a business plan. However, an exit strategy is an essential component of establishing a successful business, achieving your desired goals and preserving the wealth of your business. Business owners may find that future … Read more