Buy Or Lease? Exploring Property Options For Your Business

Property is one of the largest expenses for any business, whether that means renting a storefront or purchasing a warehouse, but expense isn’t the only challenge facing business owners.

Office building - buy or lease?

When it comes to investing in real estate, business owners need to project well into the future, determining whether a property will still meet their needs a few years down the line. Companies don’t want to be trapped with a too-small property because they already took out a loan on it, but they also don’t want to overpay on a rental they plan to remain in for years to come. So how should a business owner decide?…

Continue reading

6 Reasons Your Business Needs the Help of a Staffing Firm

One of the most critical parts of running a business is hiring the right people. It doesn’t matter if you’re looking for permanent employees or part-time, per-project workers, you’ll always need the most competent people to get the job done. This is one of the primary purposes of an HR department: finding the best human resources that will help your organisation achieve its goals.

Staffing firm

However, there are also plenty of reasons you should consider getting the help of a staffing solutions firm to hire talent. In fact, it may even be the best course of action you can take. Below, we identify just a few of the myriad ways a professional staffing firm can benefit your business.…

Continue reading

4 Strategies for Inspiring and Guiding Your Team

Not every leader has the foresight or faith of Norm Miller, which is perhaps why Gallup’s research indicates that only 14% of workers feel inspired to grow after receiving performance reviews. Yet Miller’s not exactly radical; he just takes a fresh approach to managing a workforce.

CEO guiding team in a meeting

As Interstate Batteries’ board chairman and former CEO, Miller leads from a humble, centered place. Not only does he shower his employees with resources and investment, but he carries his religious beliefs wherever he goes. It’s a beautiful blend of fiscal and people stewardship that’s resulted in a $2 billion company fueled by his creativity, risk tolerance, and spirituality.…

Continue reading

5 Ways to Improve your Skills as a Business Leader

If you are a business manager or leader, it is important to stay ahead of the game in your niche. It can be all too easy to become stuck in a set way of thinking and carrying out business processes, yet being flexible and adaptable to change is essential if a business is to thrive in a changing market.

Business leadership skills

Here are some quick tips to sharpen and improve your skills as a business leader.

1. An Open Mind

Being open-minded means that, as a business leader, you are available to new opportunities and ways of doing things. Even if some of your business processes are already successful, it doesn’t mean they can’t be improved upon.…

Continue reading

How to Start a Cleaning Services Business

There is a growing number of Australian establishments that require the services of professional cleaning companies. This has become one of the fastest-growing service-related sectors in the Australian market. Starting your very own cleaning service business can be tricky if you do not know where to start.

Commercial cleaning service business

Here is how you can have your very own commercial cleaning company.

Know Your Target Clientele

The first thing you would want to establish is the type of clients that you wish to serve. There are cleaning services that cater to commercial establishments like offices, malls, and the like. There are also companies that focus more on medical and healthcare cleaning.…

Continue reading

What Are the Costs of Big Data?

Big Data has taken over the mainstream headlines for the last decade or so, and continues to be one of the most featured technologies in the headlines today.

Cost analysis of big data

Forget the attention-catching headlines and talk of a new dot com collapse for businesses that don’t adopt Big Data for a while. Think of the other implications of adopting Big Data for your business. Surely, a massive undertaking such as a whole network of servers dedicated to crunching your data isn’t going to be cheap, right? Well don’t be so sure about this as web scraper websites can fetch all this data for you in a fraction of time.…

Continue reading

How to Develop a Visual Strategy for Instagram

With its popularity increasing exponentially in recent years, Instagram has become one of the titans of the social media landscape. Younger users in particular are captivated by the platform, with statistics showing that a massive 71% of members are under the age of 35.

Posting on Instagram

On top of this, those under the age of 25 tend to spend around 32 minutes per day perusing the site, as opposed to just 24 minutes for those of an older pedigree. To this end, Instagram is a formidable business marketing tool particularly for those seeking to engage with the younger generation.

This is by no means, however, an exclusive trait.…

Continue reading

5 Key Skills Every Business Owner Should Have

No matter what sort of field your business is in, there are all sorts of key skills that can help keep your company a success. As a business owner, it’s only natural that you will want to do everything in your power to ensure your brand stays on top, so having the right skills and experience behind you can make all the difference.

Business owner working hard

With that in mind, here are 5 key skills that you should know about.

Communication Skills

If you can’t communicate effectively in business, the chances are you won’t get very far. It’s likely that you will come into contact with all sorts of people on a daily basis, such as customers and clients, so knowing how to address and engage with others is crucial.…

Continue reading

Understanding Franchise Territories: Here’s What You Need to Know

Buying a franchise means launching a business that has the framework of a bigger company around it. You can expect tons of support from your franchisor, but what about competition? As a prospective franchise owner, it’s critical that you know everything you can about territories and how they can make or effectively break your franchise.

Subway shop franchise

In this article, written by SMBCEO on behalf of F45 Training, we’ll discuss the meat and bones of what you need to know about franchise territories before you get started.

Franchise Territories, Defined

First of all, what defines a territory? A territory was once considered a geographic area, and while this is much of the case today, a territory can also be determined by demographics.…

Continue reading

Is It Worth Getting Labour Hire Workers for Your Construction Project?

Construction is a fast-moving industry in New Zealand, and it is one of the sectors that are most closely linked with the country’s growth.

New Zealand architecture and landscape

If you are currently heading a construction project, then , for the most part, you are on the receiving end of good news: About a quarter of New Zealand’s employment growth in 2020 will be in your sector, and construction opportunities will be rife in the wake of a strong population growth and continuing post-earthquake reconstruction efforts in the Canterbury Region, particularly in Christchurch and Kaikoura.

The question is, is your current labour model suited to your project’s individual needs?…

Continue reading