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Expert
  • December 12 2019 Business owners: How to be a boss in 2020

    Every business owner, big and small, needs objectives to stay motivated, keep their business on a healthy progression and for all their employees to feel a part of the process. A new year is a new opportunity to set goals, and with 2020 around the corner, there is no better time than now to ensure Read More…

  • December 5 2019 Payroll expert reveals the 7 red flags for payroll fraud

    Although it’s near impossible to accurately quantify, payroll fraud – defined as the theft of cash from a business via the payroll processing system – is less rare than many of us might think. This is because incidents of payroll fraud are often not reported in the media and are managed instead by internal HR Read More…

  • December 5 2019 Why engaging with millennials is so important

    They often get a bad rap – self-indulgent, selfie-obsessed, whiners and lazy – but there is so much more to millennials than their reputation for being brash and entitled. In fact, there’s much start-ups can learn from one of our youngest working generations. Also known as Generation Y, millennials include anyone born between 1982 and Read More…

  • November 12 2019 How business owners can gain the required confidence to start their own business

    Successful businesses rely on competent and confident owners, but building the confidence to start a business is a complex process. It consists of both the emotional readiness to commit to starting a business and the steps that must be taken to get a business off the ground. The biggest inhibitor most people encounter when considering Read More…

  • November 11 2019 Industry Insights Quarter 3, 2019: Construction remains the worst performing industry but others catch up

    It is no surprise that Construction remained the worst industry for court actions in Quarter 3, 2019. However, other industries are showing signs of catching up. Construction remained the worst-performing industry in court actions in all states with the exception of Western Australia. Western Australia which saw retail trade as the worst-performing industry for court Read More…

  • October 18 2019 Why business owners should manage their business as an asset

    For many business owners, their business provides a means of employment and an income. Often, they started the business for that very purpose. However, by not treating their business as an asset, they could be missing out on growth opportunities, or the potential to move from running the business day-to-day to a more flexible and Read More…

  • October 14 2019 Going from $50m to $2b in 20 months; Andrew Laurie, CEO, reflects on how he did it

    Generating growth is often considered the highest priority for a business. Sustaining strong levels of growth requires robust planning coupled with extremely strong internal practices and procedures. Putting these processes in place and rigidly sticking to them can result in exponential growth, as it did in my previous workplace, a travel company based in the Read More…

  • October 11 2019 Low cost and high impact: yes it can be done

    It’s no secret that many not-for-profits (NFPs) operate on very tight budgets. We’d much rather see the money going to our cause than into our operating costs. Plus, resources are low. However, regardless of the low budget and lack of resources, our impact needs to be huge.  I’ll tell you now, it can be done. Read More…

  • October 9 2019 Finding the ‘sweet-spot’ in process automation

    When an organisation embarks on a process automation journey, a fundamental question quickly arises: exactly where do you start? With hundreds (or even thousands) of processes already in place, the idea of automating them can seem rather daunting. Another challenge stems from the fact that all the existing processes might not be working as effectively Read More…

  • October 8 2019 Why today’s leaders are focussing on Emotional Intelligence (EQ)

    Over the past few years Emotional Intelligence (EQ) has become a hot topic, particularly in the workplace. Hard skills alone aren’t enough to create strong leaders, with research showing that those with a high EQ are more self-aware, motivated and empathetic – crucial traits for successful management. “The importance of EQ in management is becoming Read More…

  • October 3 2019 How this ‘Fourth Industrial Revolution’ will change the way businesses engage customers

    The term ‘Fourth Industrial Revolution’ was originally coined by Klaus Schwab founder and executive chairman of the World Economic Forum. Schwab explained that one of the features of the Fourth Industrial Revolution is that “it doesn’t change what we are doing but rather it changes us”.  Over the past 150 years, automation and mechanisation has Read More…

  • September 26 2019 Why setting long-term goals is essential for business and life success

    Most business owners are familiar with the process of setting goals. However, there is a difference between short-term goals that keep a business ticking over and the kind of long-term goals that can see a business owner genuinely achieve their dreams. Some business owners prefer to stick to shorter-term goals because they believe it’s more Read More…

  • September 26 2019 Your liability as a director, explained

    Bennett & Philp’s Business Advisory Expert Nadia Sabaini sheds light on the legal obligations of a company director and the extent to which a director can be personally liable for the actions of their company. Last month Australia was shocked with the news of George Calombaris underpaying his hard-working restaurant staff. While it can be Read More…

  • September 17 2019 “For businesses that do give back, the benefits are huge”; How-to tips from CEO Sue Karzis

    Some of the most profitable and ultimately sustainable companies are focused on collaborating for the good of the community, rather than their bottom dollar line. Why? Well, it’s a reflection of society. The Australia Giving 2019 Report, recently released by Fundraising and Philanthropy in Australia, found that 35% of Australians have volunteered in the preceding Read More…

  • September 13 2019 Your staff and their use of social media: Where to draw the line between work and home

    The boundaries between home and work are often blurred – particularly with the growth of the internet where our lives are increasingly public. A whole generation is entering the workplace who have grown up with social media, sharing their lives online, whilst many, perhaps less savvy workers might be using the various platforms to communicate Read More…