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Cash flow or profit? Brand recognition or longevity?

What determines if a business is successful or not has many elements, that of themselves don't make a business successful.

But successful business tend to exhibit 5 characteristics.

If that describes you, don’t worry, you’re not alone.

This is a tongue in cheek, simplified explanation of our regressive tax system operating in an environment of increasing government handouts

Life is busy. Balance is a challenge. Time and attention are valuable and limited.

Often we wonder how some people spread themselves thin but get it done.

Answer – Organisation.  And with technology these days it should be easier than ever.

Technology, whether you like it or not, infiltrates and impacts every aspect of our lives.

Smartphones allow us to have the world at our fingertips and to be accessible wherever we are, even at the most inappropriate and inconvenient times.  But that doesn't make it a bad thing?

This morning on my way to work I stopped at the local petrol station to fill up. I paid with my work Visa card and was handed my receipt. 

A major concern for nearly everyone is their privacy.  Be it our personal details on the internet, someone seeing us in the shower, or our medical records, theres certain information we want know only to the select few we choose.

How do we apply this principle in business, and making sure that as business owners were abiding by the law?  And not only the law, but ethically also?

In uncertain times or slowing sales, you need to move quickly to protect your bottom line.

Ignoring or delaying a decision to cut the fat from your business will significantly impact your business performance, cash flow and future survival.

Well spring has sprung here on the South Coast of NSW.  The days are beautiful and warm, weekends are great for swimming and relaxing outside, and all the lawns and flowers are perking up.

The landscape of business software has changed dramatically in the last 3-5 years.

Online, cloud, collaborative are all terms used. Business is no longer about a big file server and everything being on site.

And there’s plenty of providers wanting your business.

Many a business owner thinks they cant take a holiday.  Research shows this to be up to 30%.

But if employees can take holidays (with the leave loading) why do owners not think they can?

Its almost Christmas again, and with the ensuing busyness we might forget to properly wind down.

For years I was guilty of not taking proper holidays. Id always figured that with the business closing for about 2 weeks over Christmas and New Year, then 6 other public holidays during the year, that was enough.

Employee or Contractor - the ongoing debate that is had virtually daily in the building industry.

Lets face it - the ATO and the government don’t like individual contractors.

The reason?

Cloud storage and moving away from file servers has been a growing trend.

With Dropbox, OneDrive, Google Drive and many more, some individuals and businesses alike have embraced having their data and file stored for them and available anywhere.

From a business perspective though, the transition can be a nightmare.  So how do you avoid this?  I'll give you my experience.