5 tips to get your new financial year budgets under control
There are just three broad sets of figures in your budget to get your head around: your profit & loss report, balance sheet, and trial balance.
There are just three broad sets of figures in your budget to get your head around: your profit & loss report, balance sheet, and trial balance.
I have finally realised that your company culture is absolutely core to the success of your business, and it starts from day one.
Australia has a curse of complacency, which I believe is a function of its more “laid-back” business culture, and the cultural cringe associated with self-promotion.
Here are five of the most common traps we see businesses falling into at tax time, along with some tips to help you avoid them.
One of Jason Calacanis’s personal theories is that a great founder can come from anywhere, he said, and the founders he met in Australia surpassed his expectations. One note, though: think bigger.
Two of Australia’s hottest startups, Unlockd and Prospa, built a business model reliant on a single, external force which ultimately left them vulnerable.
Although it was in some ways a long time coming, it was still incredibly difficult to let go of something that we had put so much into for 5 years and say goodbye forever.
While our flags look pretty much identical, and our accents sound equally bizarre to the rest of the world, New Zealand business culture differs from Australia in some pretty important ways.
The startup can be filled with moments of fear and excitement, but knowing how to be strategic and plan for the ups and downs of the ride are crucial.
At the core of our advice to the ambitious business owners that are seeking growth are our three golden pillars namely profit, purpose and people.
While conventional business thinking is to develop a product and launch it when its development is as close to perfect as it can be, Jack just launches a new product as early as he can.
Disruption needs construction: startups and new ventures need to invest equal weight in both the offer and experience, while brand thinking needs to sit at the core of business thinking.
“Gone are the days where you can build a website and they will come..getting traction and getting people to know and trust your brand is a hard slog,” said Thankly founder Dr Kate Adams.
I’ve noticed a particular challenge that a lot of us have been grappling with now that Canva is at this particular stage of growth: staying focused and keeping control of our precious time.
Magic Johnson has gone from NBA stardom to opening movie theatres, owning a piece of the Starbucks empire, and transforming the LA Dodgers fan experience.