While clients are important, not all clients are alike. Classify your clients to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.
Read MoreTopics: Business Improvement
If one of your customers is at an industry lunch talking with other business owners, will your customer say anything about your business? Will it be positive or negative, or will they say nothing at all? They might be comparing your business with similar businesses that people are talking about too.
Read MoreTopics: Business Improvement, Business Planning
Do you know what the break-even point is for your business? Your break-even point is the level of income needed to cover your costs.
Read MoreTopics: Business Improvement, Business Planning
A ‘trading name’ refers to an unregistered name that businesses could use before the introduction of the National Business Names Register on 28 May 2012. It is not a registered business name.
Read MoreTopics: Business Improvement
In the wake of some high profile business collapses in the Building and Construction Industry, new regulations from The Queensland Building and Construction Commission commenced on 1 January 2019, with the aim of restoring effectiveness to the Minimum Financial Requirements for licensing and returning the QBCC’s powers to regulate those requirements.
Read MoreTopics: Business Improvement, QBCC
