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World Mental Health Week: Strategies for SMEs

Each year, the World Health Organization sponsors World Mental Health Week. In Australia, the mental health and wellbeing of SME owners and employees have been recognised as an important issue in recent years. Now, with the COVID-19 pandemic, business owners and staff are under more pressure than ever. Here we take a deeper look at this issue and provide tips for promoting better mental health for business owners, managers and staff.
World Me

How to Create an Effective Job Description

One of the biggest challenges for growing businesses is hiring the right staff. Creating an effective job description is an essential step in ensuring you hire the right person with the right skills. In this short guide, we offer tips for creating job descriptions for some of the most common roles for growing businesses.
Small Businesses Giving Back To The Community Small Business Community Engagement

7 Ways SMEs Can Support Their Local Communities

With the challenges raised by COVID-19, community involvement is a key to ensuring long-term recovery and cohesion. While large businesses often support high-profile charitable organisations and large scale social responsibility initiatives, small-to-medium enterprises can get involved and give back to their local communities. Here are a few ways for small businesses to give back to their communities. Many don’t require spending money, so they’re an option if you don’t have extra funds budgeted.
Find Office Space

Find Office Space: Tips for SMEs

The concept of the office space has dramatically changed. As COVID-19 grips the world, home and work have become heavily entwined: the kitchen table has become our conference room; we spend hours in the study fielding Zoom calls and emails; we balance the kids’ school work with our actual work.
What Is Imposter Syndrome How To Overcome Imposter Syndrome

Imposter Syndrome and How to Overcome It

Do you ever feel like a fraud? Do you ever feel like you lucked out or that you don’t deserve your success? Or that you’ll be found out by your family, friends or colleagues? You’re not alone. Such feelings relate to what is called imposter syndrome – sometimes known as “impostor phenomenon”. It can hold us back in many areas, especially in business and professional life.
Small Business Inventory And Inventory Management Tips

Inventory Management: A Short Guide for SMEs

Inventory management is a crucial process for many businesses. It involves managing completed or semi-completed products or components, or raw materials, that are used to make finished products. It also must have been purchased to be considered inventory, also called stock. For example, if you are selling something on consignment for another business, it’s not classified as inventory.
Workers Considering Triple Bottom Line Reporting

Triple Bottom Line and How to Implement It

While there are many ways to measure results in business, the triple bottom line (TBL) is used by businesses to assess the results they are getting based on the sustainability measures they have implemented. Large corporations and governments are more likely to implement this approach, but small-to-medium enterprises (SMEs) can also consider implementing it as well. In this overview of TBL, we’ll define the concept and triple bottom line examples.
Multitasking In Business

Multitasking in Business: Why It Doesn’t Work

The popularity of multitasking in business is a result of a misconception that it is a way to get more things done. The truth is that multitasking reduces productivity by up to 40 per cent and lessens the limited supply of attention that employees have to offer. It can even lower intelligence and negatively affect decision making. With COVID-19 lockdowns and more people working from home, it can be even more challenging to stay focused. Given the impact of this problem, it’s important to understand what multitasking is and what you can do to overcome it.
A Person Using A QR Code For Business

QR Codes and How to Use Them in Your Business

QR codes have become part of everyday life with COVID-19 contact tracing, but this is just one of many ways that this technology can be used. Uses for QR codes in business are used in a range of ways to connect and share information with customers. Here’s a quick overview of how this technology works and how to leverage it in your business.

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