"Paul Sweeney" BiziNet™ Articles

Your business is at an important crossroad. How do you determine the best route forward if you are to achieve your goals of business growth, profit and personal lifestyle?

For many business owners the COVID crisis and business lockdowns have provided a catalyst to critically review how their business operates so they can improve profitability and performance. Others have preferred to bunker down and wait for the crisis to end, relying on government assistance and hoping that they can recover when business picks up.

If you're like most Australian business owners, your tax planning starts just before the end of the financial year.

Business owners and start-ups: technology is the 'great enabler', it's true. But make sure you enable it to increase profit, not lower your prices!

Technology is wonderful for business, make no mistake. It helps you deliver a more efficient, consistent and effective outcome.

There's a growing momentum around opportunity. People are starting to think more about how they can improve the ways that they run their business or look for new business opportunities to grow their profits, to grow their income. I'm currently receiving an increased number of inquiries from people wanting to start or buy new businesses. Or simply change the way they are operating to be more profitable.

Your business revenue has stagnated, or worse it has reduced. Now what do you do? How do you increase revenue and make sure you are also doing this profitably? This is a common situation facing business owners right now. In fact, it's a key issue business owners everywhere constantly need to address. Right now, for many businesses it has become critical.