Month: <span>August 2018</span>

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How to Develop a Daily Budget for Your Small Business

Do you put action to your small business goals? If not you are simply wishing for things to happen? Unless you’re a doer, it is impossible to reach your targets. If you want to maximize the wealth creating ability of your business, here are practical tips you can follow. Track spending Where does your money...

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Why Your Small Business Isn’t Attracting and Retaining Customers

Many small businesses fail because of these four common mistakes that business owners usually make. Not implementing brand awareness campaigns You may have the best product for your target customers, but if they are not aware that your business category exists, you won’t reach your sales goals. Your primary objective as a business owner is...

Franchising? Check your Rights and Obligations under the Franchising Laws
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Franchising? Check your Rights and Obligations under the Franchising Laws

Are you excited to buy a franchise? The Franchising Code of Conduct has some reminders for you. Read the Franchising Code policies on the following: cooling-off period disclosure requirements dispute resolution mechanism good faith obligation procedures for ending a franchise agreement Whenever there’s a breach, the Australian Competition and Consumer Commission will surely intervene to...

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Practical Ways to Transform your Business

Whether you’re a sole proprietor working out from your home office or an owner of a medium-sized business with a hundred employees, you have to solve many problems to survive and grow. But, if you’re a ‘go-getter’, you can make things happen with these few practical tips for the best results, with the least money,...

3 Good Strategies to Save a Failing Business
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3 Good Strategies to Save a Failing Business

Don’t worry about the grim survival rates of small businesses. There are always ways to turn things around no matter how hopeless it may seem. The worst thing you can go is to give up when all it needs is a good strategy to keep your business afloat. Focus on your vision The dismal realities...

How Entrepreneurs with Bad Personal Credit Obtain Business Loans
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How Entrepreneurs with Bad Personal Credit Obtain Business Loans

You don’t need to have a good credit score to obtain a business loan. Nowadays, there are many ways to meet your financing needs with a bad credit. But, how can you be sure that the loan product is suited to your needs? Wouldn’t the terms of the loan drag you deeper into debt? While...

Smart Strategies to Leverage Small Business Loans for Optimum Growth
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Smart Strategies to Leverage Small Business Loans for Optimum Growth

There is no doubt that small business loans could augment a company’s financial capabilities. But, what you do with the additional capital determines your success. Here are a few strategies to help you develop the right financial capabilities of your small business. Plan carefully Whether you’re a one-man team, or one who has employees working...