So you’ve got a great idea for your business, but you don’t have the funds right now to get it off the ground. You could try applying for a government grant, but it’s often a long and arduous bureaucratic process of form filling and there are of course no guarantees […]
Jeremy Harris
17 posts
As a business owner, you know the importance of risk management and mitigation. To protect yourself you need to regularly: review your operation’s processes to make sure they’re meeting workplace health and safety requirements review your supplier chains to make sure products are available survey customers to gauge their satisfaction […]
If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both? But what do most families do? When you think about it, a family is actually a mini business. There is income, […]
“A digital file doesn’t exist unless it’s in three places” When I heard this comment the other day I thought it was simple, yet profound. It came from my daughter, who heard it from one of her lecturers. She’s studying film and television at university. And of course, everything in […]
Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from paycheque to paycheque. With the ageing population and many Baby Boomers now continuing to work, at least on a part-time basis, past the traditional retirement age, people are working more […]
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of […]
Why is it that some companies pay millions of dollars to advertisers just to try to make a campaign go viral and it doesn’t work? It fails to connect… By this I don’t mean people fail to see it or even to respond to it. It fails to connect because […]
In early January, I was privileged to take part in a Study Tour to Siem Reap, Cambodia and surrounding areas organised by B1G1. B1G1 is an organisation which connects businesses with more than 600 worthy causes around the world. As a special bonus, two of our teenagers, Joshua (16) and Jessica […]
Last week I was deliberately observing key moments in business relationships. And two particular moments stood out… for the wrong reasons. Business cards I met somebody last week that I’d only previously known on paper by their reputation and experience. Someone we may well develop an ongoing business relationship with. […]
As a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks. In other words, building your wealth and protecting your wealth. There’s no point building a lot of wealth if the way you have things structured behind the scenes means that […]
Thomas Edison once said that “Genius is one percent inspiration and 99 percent perspiration”. Unfortunately, going from that inspirational idea to the finished product takes a lot more than hard work. Just like Edison, you also need to invest in a lot of research and development. And R&D doesn’t come […]
Let’s face it: no-one likes to think of death, especially their own. It’s not exactly a great conversation starter, is it? This might explain why so many people end up “dying Intestate” which means they die without a will and, as a consequence, have their assets distributed according to State […]
Success in business requires a number of essential ingredients. A sound strategy. A robust business model. Effective planning. Strong financial control and bookkeeping. A good team. Great systems. Measurement. Focus. But you know what? Even all those elements are not enough without this skill: Execution. Call it “Getting Things Done”, making […]
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. It’s more like a map than a diet. It’s an outline […]
Should a family owned business attempt to apply the same levels of governance (processes, policies and customs) as other businesses? Of course it should – at a minimum! All businesses need to apply governance processes to two groups – shareholders (owners) and directors (management). A family owned business has a […]
Our own @gillmckerrowCAT was in the media this week! Business Manager Cath Tester was interviewed by the The Sydney Morning Herald (Twitter – @smh). Cath talks about our focus on attitude over skills, and the help we have received from Paula Maidens at Recruitment Coach Recruitment Coach. Catch the article here.
A couple of weeks ago I attended the second annual Alumni Awards Breakfast for past students of St John’s Anglican College, Forest Lake (until 2010 known as Forest Lake College). I am involved in the school as a parent and volunteer. The guest speaker was Mrs Vivienne Anthon, who is currently […]