Blog - Building Better Business

MARKETING - ARE YOU MAKING THIS BIG MISTAKE?

Don’t make the mistake of thinking that a good service plus good marketing will make you successful. It won’t. You need to understand your numbers too.

FLYING BLIND: THIRTEEN WAYS TO MAKE MORE MONEY...OR NOT

This is a common journey that many business owners take when trying to improve their profit. Here's how to avoid their mistakes and take a shortcut to success.

HOW TO USE THE 80:20 PRINCIPLE TO DIAL-UP THE EFFICIENCY OF YOUR BUSINESS

This is one of the easiest and most impactful tools you can use to improve any area of your business. Read this and learn how one business owner used it to great effect.

HOW TO USE YOUR PROFIT AND LOSS STATEMENT TO GENERATE MORE PROFIT

If you don't think your business can make more profit then watch this short video. It will show you a simple way to identify opportunities to make more money.

HOW TO CHANGE THE WAY YOU RUN YOUR BUSINESS SO YOU CAN CHANGE THE WAY YOU LIVE YOUR LIFE

This is a true story. It about business planning and how, if you put in a little effort, it could change the course of your life.

WHAT 8000 AUSTRALIAN BUSINESSES CAN TEACH US ABOUT SUCCESS

Every year ASIC publishes the reasons for 8-10,000 business failures. These reasons are remarkably consistent so make sure you don't make the same mistakes.

SO YOU THINK YOU HAVE A TIME MANAGEMENT PROBLEM?

Time management is challenging and different solutions work for different people. Here are four practical ways to better manage your priorities.

SUPPLIER PRICE INCREASES: HOW TO AVOID THE ROAD TO PERDITION

This video shows you how to maintain your profit by avoiding some common mistakes when responding to supplier price increases.

HOW TO MAKE SENSE OF WHATS GOING ON OUTSIDE YOUR BUSINESS

You can't control what's going on outside your business but you can respond to it. Here's one way to understand your competitive environment so you can develop strategies to stay on top.

KEY SKILL SETS: WHY BEING A GOOD ELECTRICIAN, TOUR OPERATOR, CHEF JUST WON'T CUT IT

If you own a business, you might not even need to know how to use the tools of your trade- but you definitely need to know how to run a business. Here's why.

THINK BEFORE YOU DISCOUNT: HOW TO UNDERSTAND THE IMPACT OF REDUCING YOUR SALES PRICES

You could be making a mistake if you offer a discount in order to increase revenue and profit. This video explains why you need to think twice before discounting.

EIGHT TYPES OF WASTE AND HOW TO STOP FLUSHING YOUR PROFIT DOWN THE DRAIN

Everything you do either adds value or waste to your business. Here's how to identify and remove unseen waste so the savings go straight to your bottom line.