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Viewing entries tagged with 'finance'

5 questions to ask yourself before you grow your business

Thursday 20 October, 2016 | By: Elizabeth Gillam | Tags: business resilience, finance, management, HR

One reason that people go into small business is to build themselves an empire. Once you get bitten by the small business bug it can be contagious and the world is your oyster it seems.  Oh, but the number of times I have seen people jump at opportunities to grow but ultimately end up costing them everything they own.   They risked it all and lost.  Read more.

You are not your business, you're a stakeholder in it [MEMBERS ONLY]

Wednesday 3 August, 2016 | By: Default Admin | Tags: finance, business sustainability, management, entrepreneurship, premium content

People go into business predominantly for the benefit of their family and greater personal freedom and the core motivation for many is more around serving others and less about personal entitlement. So is it any wonder that many small business owners often slip and prioritise others to their personal and commercial detriment - and forget to pay themselves first? The result being business owners and directors seeing themselves as the funder and labour provider of last resort with low to no priority on the remuneration scale. Read more.

Getting payments right

Tuesday 1 December, 2015 | By: Default Admin | Tags: HR, finances, wages, modern awards, regulation, red tape

Despite simplifying more than 500 state-based awards into a national set of 122 Modern Awards a few years ago, getting payments right is still a headache. In certain industries – think shift-workers and casual hospitality staff – it’s even tougher for employers to avoid pay mistakes. Read more.

The Rise of the Cashless Economy

Tuesday 1 December, 2015 | By: Default Admin | Tags: finance, products, productivity, cashflow

Through credit cards, computers, smartphones and embedded microchips, money is no longer a physical currency you put in your pocket. The era of centralised money - bits of paper and metal, backed by the State - is pretty much over. Decentralised money - bits of information, backed by user identity - is upon us. Read more.