Business Survival Tip #7

help and escape

Business Survival Tip #7 – Take advantage of Free Business Counselling Whenever you can, and as often as you need it, take advantage of whatever free Business Counselling is available.   Many private organisations hold seminars at minimal cost, and often without charge, although they can be somewhat hard to find.   The Australian Government [...]

Business Survival Tip #6

3d man, conference, standing near a blank board

Business Survival Tip #6   Another thing often overlooked is ensuring you have more than one person who knows how to do each job, a Back-up Buddy, if you will.   This way, you’ll never be caught short if someone can’t come to work for any reason. This includes having someone who can be back-up [...]

Business Survival Tip #5

Strategic Networking

Business Survival Tip #5   In business, it’s all about who you know so Networking with key players in your industry and your ideal customers is super important for your business.   By all means, join your industry’s local and national Trade Associations.   Most of these organisations have a wealth of information available on [...]

Business Survival Tip #4

Shopping Cart

Business Survival Tip #4   With your account customers, do your absolute best to ensure that your payment terms are tight, meaning 7-days, or 14-days.   Only stretch to 30 days if the customer will provide you with a lot of business at a very good rate.   Make sure all account customers pay strictly within your [...]

Business Survival Tip #3

Mastermind Group

Business Survival Tip #3 It’s a great idea to involve professionals you know in a Mastermind Group, or Advisory Board, for you business.   Ideal candidates would be a lawyer, an accountant, civic club leaders, owners or managers of businesses similar to yours, and retired executives. Make sure you only include people who have a proven successful track record in their [...]