When it comes to the crunch, we spend more than a third of our day at work and I believe for business owners, it’s probably more than 33% once you factor in all the components of running a business. It’s important that you love your business and what you do and do what you love…
As an experienced business coach who services business coaching clients in the building and construction industry, I can say that some builders are making the most of this new grant, and sadly some are not. Firstly, this grant is Federal (Australia wide) and potentially gives people $25,000 towards building a new home or substantially renovating…
When JobKeeper likely ceases at the end of September, experts are predicting that 1 in 6 businesses will close, in what is being labelled the ‘September Cliff’. If you don’t want to be that one in six, then it’s critical that you take action now in order to avoid this. You want to ‘shore up…
When COVID-19 (COVID) first came in, it was understandable that some businesses could not cope, or had to change how things were done and do their best customer service. Whilst I have heard some businesses received a small amount of customer abuse, on the whole, people have been very understanding. However, what I’m seeing now…
As an experienced business coach, I am being asked a lot lately whether someone should start a new business in the current economic climate. This is an excellent question and I’m pleased people are considering things fully before jumping in. There is no simple ‘yes’ or ‘no’ answer, but rather, each situation (and person) is…
I see time and time again business relationships ending and ending poorly. When we start a new business relationship, we do look at how things will work whilst doing business with that person or company. We ask about how long it will take to set up, costs of course, how it will work and rarely…
What COVID-19 has not been something to be celebrating or even happy about, I always try to look for ‘silver linings’ and I think some positive learnings and experiences for business owners have come out of the first couple of months of experiencing COVID-19. Here are some things which we…
Current global affairs highlight more than ever the importance of diversification in business. Look at China’s actions of late which are impacting Australia’s barley and beef industries as one excellent example. One major customer decides to be difficult, pull the pin or use trade as leverage and the impact can really hit home. Consider the…
There seem to be two strong thoughts as to optimum management styles these days – manager or mentor. The first is the manager who sets targets, sets clear boundaries, monitors closely and ensures no one strays from the task at hand. They are clearly your ‘boss’ and keep a distance from their subordinates. The other…
Whilst I’ve written this article around Covid-19, reality is that these actions, strategies and principles apply at any time; whether you are experiencing troubling times or not. At any time cash isn’t just ‘king’ – it’s the whole royal family. Cash is like blood to the body; without it, your business won’t survive. Here are some…