Blog

Quick Business Tip – Secrets of Successful Retailing

March 14, 2018

I often get asked this question. What I have found is the most important factor is location. Too often I see business owners seeking to skimp on rent by being at the fringe of shopping strips and shopping centres, only to find themselves un...

Quick Business Tip – How to spot a leader in your business

February 27, 2018

Most business owners want quick fixes and little issues and disruptions. That is not the reality in an SME organisation. One of the areas that business owners want is either no resignations, no issues with employees and if someone leaves, b...

Quick Business Tip – Is the “Tall Poppy Syndrome” dead in Australia?

February 14, 2018

I believe there has been a shift in our community. More and more I am sensing people appreciating successful small to medium business owners without the jealousy that was so prevalent for a long time. There seems to be a trend of acknowledg...

Similarities between top sporting organisations and top SME businesses

Quick Business Tip – Failure is easy, Success is hard

January 23, 2018

The reason for this is that success requires discipline, commitment, investment, patience and learning. Most of all, successful business people learn how to get up again after being kicked in the guts. The pursuit of greatness is often prec...

Quick Business Tip – When is the best time to plan for 2018?

December 12, 2017

That depends on your industry. I'm signing up clients right now for half day planning days as some industries want to get organised before Christmas so that it is all in place for them to hit the road running in the new year instead of just...

Quick Business Tip – Does working harder really work?

November 28, 2017

Business owners often fall for the trap of making up for other shortfalls in their business and themselves by working longer and harder. Those shortcomings may be financial or skill based. The problem with working harder rather than smarter...

Quick Business Tip – Should you focus on your Strengths or Weaknesses?

November 22, 2017

Well, both. However, in different proportions. Remember, your weaknesses are the ones which are holding you back to achieving amazing things and you need to work out how to get them out of your way. This means upskilling yourself in the are...

Introducing ActionCOACH Business Coach Nick Ikonomou

Quick Business Tip – Having Fun? You better be.

November 2, 2017

Here's my quick observation across my wide experience with business owners. One major ingredient separates the successful ones from the struggling ones. It's the ability to have fun along the way. Are successful people void of challenges, s...

Quick Business Tip – To franchise or not to franchise

October 18, 2017

So, you're chugging along nicely and the business reached a level where it might make more sense to franchise than to keep growing the areas yourself. What would be the criteria for you to decide to franchise? You ...

Quick Business Tip – What are great KPIs for SMEs?

October 11, 2017

Why do you need to measure things in a small business? Because if you don't, you can't improve on it. So, what sort of things are useful to know for an SME? Well, that depends on the industry, so, I won't get industry specific, as that i...