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@scottpartners-blog
If you have heard Prime Minister, Malcolm Turnbull, give a speech, chances are you have heard all about digital disruption. In fact, the phrases digital disruption and digital economy have become far more common in the past year, not just with politicians, but in newspapers and trade publications as well. So what does it all mean?...
With good planning, great service, happy customers, and yes, some luck, you could be looking to expand your small business or medium sized enterprise in 2016. But with unemployment rates low, and competition for jobs high, getting the right person to work for you can prove more difficult than it seems.
The beginning of a calendar year is full of opportunity for small business and medium sized enterprises across Australia to grab the attention of new customers.
For many SMEs, trying to forecast things a month or a year in advance is challenging, as there are so many things that can influence outcomes. But at Scott Partners, we keep a close eye on developments that might affect SMEs just like you.
According to the latest market research conducted by the Australian Securities Exchange, only around three out of every ten Australians own shares directly. But if you live in Australia, work, and have superannuation, then technically, almost every Australian “owns” shares. How does that work?
Coming into the holiday season, a few things are guaranteed in Victoria: longer days, cricket at the MCG, and weather that doesn’t require four layers to brave the outdoors before 10am! And for many of us the long summer days also afford us the perfect excuse to escape to the golf course for a few hours.
A simple trick that online news sites use to attract attention to their news stories is to make them as relevant as possible to as many people.
As owners as managers of small businesses and medium sized enterprises (SMEs) we are hard wired to have an entrepreneurial mindset. That often means that we look into the future and see a result, whether that is being the best in the area for your chosen service, or doubling your revenue within 3 years.
It is sometimes worthwhile taking a moment to reflect upon how much the business world has changed in the past decade. 10 years ago, billing customers using an app, not having a landline in the office, or not requiring staff to enter the office before they started their work day would have seemed unthinkable.
In Australia, turning 18 bring with it a lot of changes. We change from being legal minors to adults, and with that comes a whole range of new responsibilities such as being able to vote, buy property in our own right and become a director of a company.
Content marketing is not a new concept, but it has taken on much more influence with the rise of simple-to-put-together websites and Facebook co-existing with more traditional letter box drops and newsletters. So how do you go about writing great articles and content that will really grab your customers’ and clients’ and make them want to do business with you?
It might not be the kind of article you’ve come to expect from the blog here at Scott Partners, but the fact is we are all passionate about a few things – in addition to helping you plan and grow your small business or medium sized enterprise.
While it would be wonderful to have a product or service that was profitable from day one and able to pay all of your bills, the reality is that this simply not true for 99% of businesses.
From the point of view of a business owner or operator, inventory accounting and valuation provides a great and potentially frightening challenge.
The Trans Pacific Partnership (TPP) is one of the largest trade deals ever executed, and could represent a huge opportunity for Australia and Australian small and medium sized enterprises.
At Scott Partners, we don’t make any secret of the fact we are big fans of Xero. The motto for the company is “Beautiful Accounting Software” and as users, we can testify to the fact that it is true to label.
The missing link between having a great product or service and earning great profits is also one of the hardest to get right: effective marketing.