Latest News

  • Managed Accidents

    Peter Fritz     |      September 8, 2010

    Along with my colleague Jeanne-Vida Douglas, I have just finished writing a new book titled “The Profit Principle”.

    The book is due for release in November but the whole hook of it, which I wanted to share here, is that the most common mistake people make in business is falling for the adage that you have to “spend money to make money”.

    That’s simply not true; you need to invoice to make money!

  • Call for affirmative action on government purchasing from Australian MEs

    Virginia Harrison     |      September 8, 2010

    Leo SilverThe government will stunt Australia’s economic growth by ignoring SMEs and failing to support innovation in this highly productive business segment, warns the boss of a growing mid-size tech-company. 

    Leo Silver is the CEO of Integrated Wireless which delivers emergency wireless communications solutions to large institutions like hospitals and prisons.

    He argues medium-sized companies like his are being sidelined by the government, which prefers to buy from larger, more established foreign rivals.

  • Time to turn off the Simpsons

    Lisa Middlebrook     |      September 8, 2010

    Why do Australians take the worst and leave the best of what the USA has to offer?

    Having a Mum from Sydney and a Dad from Texas, over the course of my life, I’ve lived, studied and worked in both Australia and the USA. It’s an interesting perspective from which to view the way the two cultures regard one another.

  • Is this really mine? Practical steps managing the IP in your business

    Mike Lloyd     |      September 7, 2010

    Unless you are very knowledgeable about IP law, never make the assumption that something cannot be protected.

    A quick question for any business owner – how much is your business worth on the market today?

    Think about the book value your accountant would give to the company, and you might be left feeling it’s worth a lot more.

    Why is that?

  • SMEs remain cautious about debt

    Virginia Harrison     |      September 7, 2010

    Small & medium sized enterprises are reluctant to take on debt, as the aftertaste of the financial crisis and access to credit continue to trouble businesses.

    The latest Veda Advantage Business Credit Demand Index showed demand for credit fell 5.6 per cent in the April to June quarter compared to the same period in 2009.

  • UPDATE: Retailers lead the way in Christmas confidence

    Virginia Harrison     |      September 7, 2010

    Baubles: photo courtesy of Gordon McClean's Flickr PhotostreamSeptember 2010: Australia’s executives are tipping strong growth in the lead up to Christmas, but remain cautious about bringing on new staff.

    The latest Dun & Bradstreet Business Expectations survey reveals improvement in 5 out of 6 key indicators of business strength.

    Executives are confident of growth in sales, profits, inventories, capital investment and selling prices during the December quarter.

  • Digital tools for pricing compliance

    Virginia Harrison     |      September 7, 2010

    ILID label on display at Thriftylink GunnedahElectronic labels are helping one hardware store owner save time and money, and stay on the right side of the law.

    David Berry owns Thrifty Link in Gunnedah and last year installed nearly 6,000 ILID labels throughout his store.