Category: Running a Business

Is burnout killing your law practice?

Burnout is rising in the legal profession, impacting health, productivity, and client satisfaction. Studies show high psychological distress among lawyers. The VITAL tool helps reclaim control by focusing on five areas: Vitality, Intake, Movement, Adaptability, and Leisure. Aiming for a 20% improvement in these can foster resilience and performance. Small, steady changes promote well-being, creating a healthier, more engaged, and effective practice.

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Your best month ever?

Have you ever heard the saying, “revenue for vanity, profit for sanity”? This means while revenue may make a company look successful, it’s profit that really matters for financial health. Matt, who runs a growing commercial truck repair business in Melbourne, learned this the hard way. Despite having his best month ever in terms of revenue, his business faced constant cashflow issues. Common and constant cashflow surprises caused financial anxiety.

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Growing Your Small Business: A Guide to Funding, Forecasting, and Managing Growth

Growing your small business is exciting but challenging. This article breaks down easy-to-understand funding options, from traditional business loans to flexible lines of credit, government grants, and private investors. It also covers forecasting growth through expense management, revenue projections, and cash flow planning. As you expand, key steps include hiring the right team, upgrading infrastructure, and focusing on customer retention.

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Grow your Small Business Online in 4 ways

Since 2020, there has been a rise in people who have started following their passion. The number of small businesses has grown across the world and if you are one amongst them, CONGRATULATIONS because you’ve taken the first step in starting something. Now all you have to do is grow and keep holding on..

Read on to find out 4 ways to grow your small business online

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7 Smart Strategies to Maximise Restaurant Seating Capacity Over the Christmas Period

The Christmas period in Australia is an opportunity for restaurants to maximise profit but it can also be an overwhelming time, with a marked increase in footfall.

Many venues have to turn down customers due to a perceived lack of space, but here are ways to manage your venue’s layout and reservation processes to increase capacity.

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How to Find a Good Property Manager: 5 Key Pointers

Looking for a good property manager? Discover five essential tips to ensure you choose the right one to maximise your property investment. From relevant experience and transparent communication to strong financial skills, tenant management, and problem-solving ability, these pointers will help you find a reliable manager who can protect your investment and enhance returns.

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Why Investing in Specialist Disability Accommodation Can Be Beneficial: 5 Tips for Investing in SDA Homes

Investing in Specialist Disability Accommodation (SDA) offers strong rental yields and the chance to make a positive social impact. With rising demand through the NDIS, SDA homes provide stable income, tax benefits, and long-term growth potential. This article outlines five key tips for successful SDA investment, including specialised management and the importance of government support.

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