Money

Tips to keep startup costs under control

Published on 20 May, 2013 in Money by Nigel Bowen
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In life, as in the dictionary, startup follows on from shoestring. No matter how much capital you've raised to launch a business, you'll quickly discover there's not nearly enough to go around, necessitating a laser-like focus on controlling startup costs. Here are three tips for keeping them to a minimum ...

Is it good business to barter?

Published on 17 May, 2013 in Money by Neha Kale
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Think there's no room to barter beyond hawker's stands and street markets? You may want to reconsider. Understanding the power of bargaining is an underrated small business skill - one that can help you forge profitable customer relationships and ensure that your company's transactions are helping you grow. Here are five bartering rules to live by ...

Why ignoring your inbox may increase efficiency

Published on 10 May, 2013 in Money by Nigel Bowen
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It's estimated that 145 billion emails are sent every day1. If you suspect that a disproportionate number of them are ending up in your inbox, you're not alone ...

Top five grants for small business

Published on 29 April, 2013 in Money by Nigel Bowen
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There are very few free lunches in life, but Australian governments do provide various forms of assistance to small businesses (admittedly in the hope of generating more tax revenue down the track). While there are literally hundreds of sources of 'free money' available to assist small businesses in achieving everything from cracking the US market to reducing their greenhouse gas emissions, here are five grants that appeal to the small business masses ...

Process: Getting it right for business success

Published on 22 April, 2013 in Money by Anthony Fensom
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Process: it is the one thing that can make a business successful, or drive employees and their bosses mad with frustration. How can owners find the bottlenecks and help optimise business processes ...

How to minimise risk in business investments

Published on 15 April, 2013 in Money by Anthony Fensom
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How can you risk-proof your business investments to ensure a healthy financial future? ...

10 ways to save on insurance premiums

Published on 08 April, 2013 in Money by Anthony Fensom
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Higher insurance premiums are forecast in 2013 as insurers seek to recover the cost of recent severe weather events such as bushfires and floods. With few small businesses having the financial resources to cover every contingency, how can owners get maximum insurance at minimal cost? ...

5 ways to increase business efficiency

Published on 01 April, 2013 in Money by Anthony Fensom
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Australians reportedly work some of the longest hours in the Western world, yet businesses often miss out on efficiency gains ...

Surviving the boom and bust cycle

Published on 25 March, 2013 in Money by Anthony Fensom
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It's the curse of economists everywhere: the business cycle that constantly moves from peaks to troughs ...

Australian economy: From mining boom to bust?

Published on 11 March, 2013 in Money by Anthony Fensom
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Australia's resource sector may be a victim of its own success, with spiralling costs and a strong currency making it the world's most expensive place to mine. Is the boom over? How might it affect the rest of the economy ...

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TBR POLL

Do you think debt is essential to major business growth?

  • No, if you need to go into debt then it’s not time to grow
  • Invest in technology
  • Yes, you have to spend money to make money
  • Sometimes, it really depends on the situation
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Poll Results

Do you think debt is essential to major business growth?

No, if you need to go into debt then it’s not time to grow: 17%
Invest in technology: 19%
Yes, you have to spend money to make money: 30%
Sometimes, it really depends on the situation: 35%

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