Tips of the Month

Kleinhardt Business Tips of the Month

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Unlock The Cash in Your Business
With access to traditional sources of credit now restricted, astute business people realise that their own working capital, in particular Accounts Receivables and Stock, is very often the lowest cost and most immediate source of cash.
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Impressions & Etiquette
To succeed in today's global economy; you can no longer rely on your business talent, education and years of experience alone. Nowadays, you must be able to have the ability to put other people at ease and to get along well with different kinds of people. In other words, you must be well-versed in the school of business etiquette. Here are a set of guidelines for treating business colleagues and customers that can change your career for the better.
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Thinking Of Buying A Business?
Buying a business is a serious matter. It will certainly entail a financial investment as well as exposing you to some potentially serious risks. It will also entail a significant investment of your time. Sensible then to spend some time doing the homework and checking whether it is in fact all that it seems. Here are some useful pointers
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Sell your business and ride off into the sunset!
A survey this year by KPMG, Family Business Australia and Deakin University found that 27 per cent of private business owners plan to retire within 5 years and 30 per cent within 10 years. So planning for your exit and making your business more attractive to the more sophisticated purchaser is vitally important.
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Buy, Enhance, Sell a business
The buy-enhance-sell model can be lucrative if you can make improvements quickly and cheaply resulting in a good return on investment. What is the secret? .......
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Benefit Your Business by Going Green
“It’s not easy being green”   Kermit the frog
There has been a huge amount of publicity in recent times about the effects of climate change and the impact on the environment. I think we all recognise that this is an issue that is not going to go away and that we, as individuals, employees and business owners, should be taking action now on reducing our environmental footprint. But is being green really that difficult?
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Understand Your Markets and Know Your Customer
We quite often see some alarming statistics about the rate of failure of new business ventures.  So what goes wrong?  There may be a number of reasons, but one more commonly found is remarkably simple; that is that what the business owner originally saw as a terrific idea, didn’t actually enjoy the same enthusiasm in the marketplace.
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Selecting a Business Advisor
Last month I discussed the importance of utilising the services of specialist advisers to assist small businesses get off the ground. The next question then, is how do we go about choosing the best adviser for your business? After all, an adviser is only as good as the advice and service they give you. And if they are going to be a key part of your business and can influence its future success or otherwise, it is worth investing some time selecting the best person.
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Going from a Great Idea to a Great Business
Have you created a new piece of technology, a new system or process, or just an idea that meets the needs and wants of consumers but just can’t figure out how this brilliant idea can make you money? Are you one of those many people out there who have great ideas but stumble when it comes to turning this thought into a commercial success?
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Export Market Development Grant
I’m from the Government and I’m here to help…………….!!.....?? Could this statement be true? I’m sure we’ve all had the experience where we have chased someone from the Government for various types of assistance and the response has been either lukewarm or not helpful at all. Heavens above, we pay our taxes and what do we get? Well it’s great to stumble on a terrific little gem that is actually very useful and it’s called the Export Market Development Grant or affectionately known as the EMDG. Where would we be without acronyms, right?
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Effective Corporate Governance
Effective Corporate Governance is a basis on which effective Boards and corporation are run. It is the balancing of power, performance and profits with integrity, transparency, accountability and reform in both private and public companies.
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