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Archive for the 'Perth Business' Category

22 June
Comments Off on The Major Obstacles To Financial Freedom & How To Overcome Them

The Major Obstacles To Financial Freedom & How To Overcome Them

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For sure, you want to get out of your debts and finally become financially independent. So in order to achieve financial freedom, you need to realise that the first step towards achieving this goal is to know how to handle your bad debt.

Handling bad debt is arguably the most uncomfortable to handle to most people. They would like financial freedom, but they value security much more than freedom. As a result, they give up on their dreams of financial freedom for the security of a safe, secure job with benefits.

Many are confused with financial security and financial freedom, but the truth is, these two are not the same. They are actually very different value systems. For example, if you want to make money, you can make money the secure way, by getting a job, or you can make money the freedom way, by starting your own business.

In other words, achieving financial freedom is mostly about mindset. One major reason why some do not achieve their goals is because they don’t believe that they deserve to be rich and successful.

Hence, you need to believe in yourself that you can achieve financial independence one step at a time. You need to plan and know how to weigh things.

For more on this topic, you should check out this article: http://www.briantracy.com/blog/financial-success/financial-freedom-obstacles

15 March
Comments Off on Managing Debts

Managing Debts

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Having delinquent payments can put you into a lot of trouble. This is especially true if we talk about unsecured debts like credits cards. Little delinquency may seem harmless. But the more delayed the payment, the higher the interest accumulates. And the more that this happens, the harder it is to catch up.

The further you cannot catch up with your debt, the most likely that you will have uncontrolled debts. This would lead to credit trouble. So the best way to avoid all these is managing debts the first time.

One of the main reasons why many people encounter debt issues is because they do not know how to properly manage their debts. Especially for first time credit card holders, they are often amused how easily it is that they can acquire goods using their credit card. They are not aware that the more that it is misused, the more that it can be abused.

Misusing and abusing the credit card are the exact opposites of proper debt management. Likewise, other forms of unsecured debts must also be properly managed. They also have a high interest rate and have the risk of being uncontrolled or mismanaged.

To learn more tips on debt management, read this helpful article from the Australian Securities and Investments Commission: https://www.moneysmart.gov.au/managing-your-money/managing-debts

25 November
Comments Off on Rebuilding Your Business After Natural Disaster

Rebuilding Your Business After Natural Disaster

Doing some precautionary measures to fight against natural disasters is important for businesses regardless of your size and type. You should have a plan showing how to handle communications disruptions due to natural disasters especially if your business relies on your telecommunications system for day to day operations.

When compared to other business disruption events, planning and preparation for natural disasters is relatively simple. You can discover that many of these events are similar if not common with other business disruption events albeit not occurring simultaneously by using a threat-based approach and determining as many of the plausible outcomes (such as power failure, denied access to premises, stranded commuters, etc).

Depending upon the natural disaster, your small business facility may be unusable for days, weeks, or even months. In addition to that, in the midst of a disaster, you may not be able to make it into your business location because of road closures or conditions which make driving unsafe. Thus, it’s always wise to have a remote location from which your local business can operate.

However, merely designating a possible working location is not enough. It is also necessary to conduct a mock disaster drill and utilize the location as you would in a true disaster or emergency.

To learn more tips on how you can rebuild your business after natural disaster, check out this article: http://www.businessnewsdaily.com/9581-natural-disaster-recovery.html

23 March
Comments Off on 8 Things Entrepreneurial People Do Differently

8 Things Entrepreneurial People Do Differently


“Earning a lot of money” has always been the notion that someone is successful in business and become a successful entrepreneur. However what many people do not really understand is that the converse is the factual truth.

Money truly follows a successful businessman and at the end of the day, we all need money to live. On the other hand, there are important rules of thumb to be considered if you are considering yourself to become a successful businessman.

One of the most important things to understand to become successful in any kind of business is to understand your needs. It can be anything from being simple and ridiculous to being deterministic and precise. If you can understand your needs then you can easily determine if your current business is taking you on the road to achieve that.

The next you need to do is to determine your reasons why you are into business. It’s just not important to understand what we want out of life, it’s equally important to determine why you want it. All of us can start a business and be called an entrepreneur, but not all of us can become successful. Only those succeed who know what they want and are determined enough to pursue what they want and whenever they want it.

Another thing that makes an entrepreneur a successful one is to become unique or different from the rest. Read this post to learn the 8 things successful entrepreneur do differently: http://www.huffingtonpost.com/2014/07/22/8-things-entrepreneurial-_n_5492407.html

29 January
Comments Off on 14 Tips for Finding Office Space for Your Growing Team

14 Tips for Finding Office Space for Your Growing Team

Perth BusinessesStarting a business is exciting and comes with visions of freedom, money, and all the perks of owning a successful business. Everyone seems excited to start their own small business and hope that eventually it will grow.

Growth is important to every organisation. Without expansion/growth, organisations stand the risk of collapsing whenever competitions set in. It makes a business stand firmly during adverse conditions as proceeds from other business activities are used as a supplement to set the ailing firm back on track.

However as all small businesses targets growth or expansion, many of them are not aware of the consequences and challenges of growing a business. Thus, a large number of small businesses that decides to grow results to failure.

What is business growth? Expansion or growth in business organization simply means increase in size and capacity. It also involves product diversification, equipment, better package for workers, good network, reduction in downtimes, waste reduction, disciplined workforce, less accident report, profit maximisation, cost saving etc.

One of the most overlooked problem when expanding a business is the new and bigger space for a growing team. It is very important to find a good space that can make growing team feel comfortable when working.

Find out how to find a good office space that can address these concerns by reading this article from Small Business Trends: http://smallbiztrends.com/2015/11/finding-office-space.html