How can SMEs realistically stay competitive?

How can SMEs realistically stay competitive?

We saw instances emerge from the banking royal commission of a major bank being allowed to dictate the size of penalties it paid for misconduct and to draft or approve the corresponding announcements issued by regulators. We have seen large companies offer staff...
How can SMEs realistically stay competitive?

Striking international business jargon

I lived in the UK for a number of years and, like many, assumed that because we spoke a common language that misunderstandings would be non-existent. How wrong I was. Making the shop attendant blush while trying on a new suit when I asked how the pants look (pants to...
Securing your future

Securing your future

SMEs put plans in place to grow their customer bases; they plan agendas for meetings; they plan for the nasty effects of natural disasters, theft or other loss by way of insurance; they even plan out daily schedules to ensure they can prioritise and juggle tasks...
The 3 biggest mistakes SMEs make with finances

The 3 biggest mistakes SMEs make with finances

A recent guest on the My Business Podcast, accountant Alexander Laureti of Sydney-based LMS Advisory says there are three key mistakes many SMEs make in relation to their finances. Yet each of these can be addressed if they are given due consideration. 1. Keep the...