Can anyone recommend the best ways to find a good business advisor? Does anyone have any tips on how to hire the right business owner for my needs?
For businesses looking to boost the productivity of their team, can anyone recommend a software to do this? I'm looking for the most easy-to-use platforms.
It's a bit difficult to recommend some specific tools. Primarily because "the best" and "most easy-to-use" aren't always synonymous. Are you looking for certain features or a specific category of tool?
Some things to keep in mind. Productivity tools is a pretty broad category that usually consists of the following types of software:
Most likely you'll need a combination of at least some of these to be the most productive. We had a really great guest post on our blog by a small business owner, Ayomide Joseph, where he lists specific use cases of his top 10 favorite free business tools: https://www.ganttic.com/blog/10-free-business-tools-for-startups
It breaks down these categories and offers some nice insight for other business owners.
Also be on the lookout for specific features. Because certain things can make or break the way you use these tools. Here’s a few software features that increase productivity:
Shareability - Depends on the tool, but you should think about who needs access. Is this mostly for management? Or are you creating something that needs to be shared with your team? Or even amongst outside entities, such as clients or freelancers? Whoever needs access, the issue then often comes back to price.
Use - How is it deployed? And how long will set-up take? Cloud-based is probably your best bet. It’s quick, easy, and can be accessed from anywhere. Especially since remote work won't be going away anytime soon. And even when we do return to the workplace, it's likely there will be many who implement a more hybrid approach with some people working remotely while others remain in the office. So not only do you need something that can be accessed remotely, but you also need to consider how it can help with the management of new ways of working.
Integration - Because you (probably) won’t be using just one piece of software, it’s better to connect your tools together. Not only does this cut down on the time of manually transferring and reproducing data, but it cuts down on human error. Many tools come with native integrations, but also keep in mind aspects such as APIs or Zapier accessibility. That way, as you grow as a business, you’ll have the option to sync your new tools down the line.
At the end of the day, the best productivity tools boils down to your individual needs. More expensive isn’t always better, but it’s also not the best idea to cut corners on something that you need everyday.
Have you pivoted your products, services or business model? What strategies have you developed to keep your business running and thriving throughout these uncertain times?
I've been encouraging clients to start either preparing or applying for the myriad of local, state and federal grants that are available now or will be available in the coming year. Think about where there will opportunities based on the year we've just gone through.
The ones that come to my mind are mental health, job creation (including recruitinment and training), buisiness resilliance. and digital services.
If you are in one of these industries already, then position yourself to be more visible, so that when grant applicants are seeking proposals, you'll be at the forefront.
To get started, visit the Australian government's grant finder website and find out the type of criteria they look for https://business.gov.au/Grants-and-Programs
Every industry has been impacted differently in recent months. How is your business seeing through this period? Whether you're in accounting, law, marketing, PR or otherwise, we'd love for you to...
For me as a marriage celebrant, it was a bit of a shock at the beginning of the lockdown as we really didn't know what we are facing, as well as weddings were limited to only 5 people for some time, then 10, 20 and we can now see how it's slowly opening up for outdoor venues - at least in NSW.
So I actually used this situation to develop the option of the small wedding at my place in my backyard garden, of course, following the Covid regulations, as they change. Surprisingly enough this alternative actually worked for many couples. Whether it was because of the mandatory regulations, or because couples actually liked the idea of avoiding the big demanding wedding scenario and going with a small intimate wedding ceremony.
At least this way, I could offer couples a nice alternative option to tie the knot.
After COVID-19 caused months of delays, the Federal Budget has finally been released for 2020. In a year of social, emotional and financial turmoil for many of us, we were eagerly awaiting the...
We all have them. What gets to you the most?
Particularly with Covid_19, everyone is using Wifi when they work from home. When you work virtually, reliable fast wifi has never been more important. When the NBN slows down to a crawl, so too does your time management and scheduling plans. Definitely slow, unreliable NBN. Broadband was so much faster and reliable.
Does bigger equal better? Or does a small business have a more personal approach?
Hey @Jane Jones that is a great question. I actually mentor startups on this topic all the time. I can’t give everything away from my proprietary approach, but I will say that many entrepreneurs overestimate their large competitors and don’t consider their small competitors enough.
Big companies have scale, but that doesn’t mean everything they are doing is the best. This is why trying to copy what other companies are doing is an extremely bad idea. If you copy a bad idea on a small scale it can lead to you closing your business before you ever get it going.
Many people also don’t give small businesses enough credit either. To stay in business as a small venture you must have a loyal and hopefully passionate customer base. But again, it is harder for these ventures to pull off marketing and advertising efforts to match a big competitor.
Small size gives you agility. You also don’t have to worry about losing all your business by trying something different (big businesses usually avoid that type of risk). But remember, not all risk is bad if it is calculated.
One of the biggest temptations a budding venture must avoid falling prey to is complacency. Because if they are not careful they will switch from thinking agilely to the status quo of big corporations and they may lose their innovative edge as their business grows.
There are plenty of books and case studies that cover companies that made bad decisions and companies that have really excelled. As someone that consults as a Product Developer and Business Strategist I spend a lot of time looking into these issues and how to help my clients navigate accordingly.
Is it one that runs smoothly with or without you?
Do you want to do more and can't fit it in? Or less, but can't get away from running things?
Great question! Personally I just wish I have more time to spend with each of my team member to better understand and support them. We have an awesome team, all of whom are mostly sefl sufficient and are very good at what they do. And I am humbled every day by their amazing dedication and creativity in problem solving. Granted I have a lot to juggle, but I really should do a much better job at being more present for my team. Does anyone else feel the same? Love to hear some of your tips.
Do you need to be an expert in some area? Or just have a passion? Or be a jack of all trades?