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  • Business Accelerators: The KISS principle | Business Spectator
    dollar and million roof rebate doubts are among reasons Australian solar may struggle in the year ahead Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Business Accelerators The KISS principle Jackson Hewett 19 Jul 2013 11 20 AM Industries Business Accelerators Too often sole operators struggle to isolate the core activity that drives the business A trusted advisor can do wonders for seeing the wood for the trees You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Use this to embed video It s time to talk about the vision thing Every business owner always has a bunch of ideas in the back pocket It might be a product extension a new niche market a joint venture with a different business or plans to invest in software or technology That s the fun part of running a business The anticipation of what is around the corner But for a sole operator that can also be a trap truthfully it s a trap that affects everybody True business success lies in throwing out the good ideas and focusing on the great The trick is being able to step back review the sums and concentrate on what will drive the most value In this week s Business Accelerators Stuart Lindsay at Pitcher Partners looks at our first case study Discover Murray River It s a website that relies on advertising subscription revenue from regional businesses Discover Murray River s Shane Strudwick has a great business model one that many website owners would envy Over five years he has built up his site to become the most comprehensive site for tourism listings up and down the Murray Shane has cornered a fragmented market and as a result has the top ranking in Google and gets millions of hits per year You can see Shane explain his journey here But earning money online is no easy feat and Shane needs to build up revenue his business is reliant on hitting the phones and driving new subscriptions Shane has come a long way in realising his

    Original URL path: http://www.businessspectator.com.au/article/2013/7/19/business-accelerators/business-accelerators-kiss-principle (2014-01-13)
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  • Welcome to Business Accelerators | Business Spectator
    the year ahead Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Welcome to Business Accelerators Jackson Hewett 11 Jul 2013 3 08 PM Industries Business Accelerators Business Spectator s innovative video series aimed at taking Australian business to the next level You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Use this to embed video There are over two million actively trading businesses in Australia The vast majority of those are tiny run exclusively by the owner Of those millions of businesses many have the potential to be world class if the right mix of inspiration and acumen can be found Thomas Edison said that genius is 1 per cent inspiration and 99 per cent perspiration It is the classic blood sweat and tears story familiar to any business owner But it doesn t have to be that way That s why we have launched Business Accelerators In a nationwide campaign launched in conjunction with our sponsor Bendigo Bank thousands of companies submitted entries asking for advice on how to take their business to the next level From those thousands of businesses we have identified six firms which encapsulate some of the key issues facing growing companies Working with business consultants Pitcher Partners we will be providing insights into how to manage cash flow utilise disruptive technologies like social media analyse what parts of the business to keep and what to discard on how to deal with family and business partners and on how to value a business or identify potential takeover targets Our first case study is Discover Murray River an online web portal that wants to become the premier research and booking destination for the six million people who visit the Murray region every year The owner Shane Strudwick makes his money by charging a yearly subscription to local businesses such as caravan parks hotels motels and restaurants to list on his site Like all web businesses the trick is to simultaneously get volume in terms of readers as well as convince advertisers to buy a yearly package It

    Original URL path: http://www.businessspectator.com.au/article/2013/7/11/business-accelerators/welcome-business-accelerators (2014-01-13)
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  • Ten tips to clear the cash crunch | Business Spectator
    Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Ten tips to clear the cash crunch Xero 11 Jul 2013 2 23 PM Industries Business Accelerators Small Business SME The most common mistake small businesses make is not keeping a close eye on their cash flow Good business are often bogged down by invoicing issues and a few factors can make a big difference You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password No matter the size or type of your business it is vitally important to get the cash in on time so you can make payments on time If you don t have the incoming cash to pay out your business can be severely disrupted or simply grind to a halt with damaging repercussions However what is perhaps even more unfortunate is when you have a business that you know is profitable the numbers add up you have the skills for it perhaps even others are doing it and you enjoy the challenges but due to factors that seem outside your control the cash just isn t always coming in on time Ironically this situation can be driven by sudden growth stressing your capital and human capacity to gear up quickly It can also be caused by seasonal volatility or hidden issues in stock management A recent survey conducted by Xero suggested that small business number one mistake was not having ongoing insight into their cash flow and getting bogged down with chasing their customers again and again Not only is this distracting it is a waste of valuable time that reduces the profit margin of the products and services sold Here are ten tips to get your invoices in order and get paid quicker 1 Set your own payment terms including invoicing and due dates that take into account that there will be late payers 2 Be clear with your customers about your terms For example you may require a signature on estimates and include due dates in every written communication with your customer 3 Inquire about your customer s payment cycles before engaging and ask them if they want to be invoiced 100 per cent upfront Sometimes they are trying to push through an allocated budget towards a quarter end or year end and this structure is welcomed 4 Keep a detailed record of the services

    Original URL path: http://www.businessspectator.com.au/article/2013/7/11/business-accelerators/ten-tips-clear-cash-crunch (2014-01-13)
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  • Xero | Business Spectator
    is potentially more fallout to come from QBE s ill fated expansion into the US Given its history of disappointment a clean set of financial numbers is needed to restore confidence Politics Australian Election Federal Budget International News Asia Europe USA National Affairs Latest stories Gagging visas are an attack on democracy The skyrocketing price of a journalist visa for Nauru will limit coverage of Australian prisoners on a vassal state It is an insult to the democratic principles this country stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Solar s grim 2014 five headwinds await Power price stabilisation a falling dollar and million roof rebate doubts are among reasons Australian solar may struggle in the year ahead Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Xero Ten tips to clear the cash crunch The most common mistake small businesses make is not keeping a close eye on their cash flow Good business are often bogged down by invoicing issues and a few factors can make a big difference by Xero 2 23pm July 11 Search Markets Global Indices Index Last Chg Chg DOW JONES 16437 05 7 7 S P 500 1842 37 4 2 0 2 NASDAQ 4174 66 18 5 0 4 FTSE 100 6739 94 48 6 0 7 NIKKEI 15912 06 31 7 0 2 Hang Seng 22846 25 58 9 0 3 The Spectators Solar s grim 2014

    Original URL path: http://www.businessspectator.com.au/contributor/xero (2014-01-13)
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  • Business Accelerators | Business Spectator
    11 11am November 21 Watch Can Lara Giddings turn Tasmania around Tasmania s economy significantly lags the rest of the country With outward migration high relative unemployment and poor business confidence what can Premier Lara Giddings do by Alan Kohler 11 21am November 14 4 comments Business Accelerators Marketing by storytelling What s the best way to get a new unknown product to market In the latest episode of Business Accelerators we look at solutions for a young Tasmanian company who makes unique chandeliers by Jackson Hewett 11 14am November 08 Business Accelerators Starting from scratch You have created a great product or service but nobody knows about you How can you turn a top idea into a top earner Watch how Who did that a Tasmanian firm which makes elaborate wooden chandeliers is trying to crack the market by Jackson Hewett 11 24am October 31 Business Accelerators The customer is kingmaker Apple Tree Inn in Donnybrook WA is trying to grow its online presence and gain patrons for its restaurant bar and backpackers Rather than engage in expensive marketing programs find out how the owners can use happy customers and social media to drum up business by Jackson Hewett 3 07pm October 24 1 comment Watch Tourism Australia s Andrew McEvoy In the latest episode of Business Accelerators Andrew McEvoy of Tourism Australia tells Alan Kohler about the prospects for growth in foreign visitors and the impact of the high Australian dollar by Alan Kohler 2 49pm October 17 Business Accelerators Building online presence In the latest episode of Business Accelerators Tim McDougall of Pitcher Partners looks at how a hospitality business can expand its marketing opportunities in a cost effective way by building a strong online and social media presence by Jackson Hewett 10 02am October 10 Business Accelerators Social marketing One of the best low cost ways to market a small business is via social media The owners of Appletree Inn in Donnybrook WA are looking to punch above their online weight in the latest instalment of Business Accelerators by Jackson Hewett 11 22am October 03 Business Accelerators Cementing value In the final part of our video series on building capital value in your business we talk to Susan Hull of Buildpro Bendigo and Dr Richard Shrapnel of Pitcher Partners on how to enable staff to take the reins by Jackson Hewett 10 36am September 26 Watch Master Builders on poor housing starts Wilhelm Harnisch CEO of Master Builders Australia says that low interest rates have not been flowing through to the new home sector Watch to hear how builders are faring in the latest episode of Business Accelerators by Jackson Hewett 11 17am September 19 Business Accelerators The key to valuing your business One of the hardest tasks for a business owner is working out how to set up a structure so the firm can run itself Get that right however and you have the best opportunity for calculating value and eventually selling your company for

    Original URL path: http://www.businessspectator.com.au/industries/business-accelerators?destination=taxonomy/term/136321 (2014-01-13)
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  • Australian Dollar | Business Spectator
    NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Solar s grim 2014 five headwinds await Power price stabilisation a falling dollar and million roof rebate doubts are among reasons Australian solar may struggle in the year ahead Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Australian Dollar Aust dollar lifts in early trade Local currency spikes as disappointing jobs figures weigh down US dollar 7 16am January 13 NZ dollar to pass Aust dollar HSBC Bank believes Kiwi currency could pass parity with Aust dollar this year 7 02am January 13 4 comments Low cash rate no risk Farrington Leading currency trader says RBA still has plenty of room to move on rates 6 49am January 13 1 comment Aust dollar lifts in late trade Local currency rises ahead of US jobs report 5 26pm January 10 1 comment Aust dollar edges higher at noon Local currency trading a narrow range ahead of US jobs data 1 58pm January 10 Aust dollar lifts in early trade Local currency edges higher remains in tight range ahead of US jobs data 7 42am January 10 Aust dollar gains ground Local unit recovers much of recent losses remains below US 89 cents 5 07am January 10 Aust dollar slips in late trade Local unit falls despite positive local retail sales data 4 58pm January 09 Aust dollar weaker at noon Local currency remains lower despite small rise on retail data 12 36pm January 09 1 comment Aust dollar slips in early trade Local currency weakens after upbeat US jobs report Fed minutes 7 52am January 09 Aust dollar slips on data Strong US jobs figures push local unit slightly lower 3

    Original URL path: http://www.businessspectator.com.au/markets/currency/australian-dollar (2014-01-13)
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  • Exchange Rate | Business Spectator
    Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Solar s grim 2014 five headwinds await Power price stabilisation a falling dollar and million roof rebate doubts are among reasons Australian solar may struggle in the year ahead Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Exchange Rate NZ dollar to pass Aust dollar HSBC Bank believes Kiwi currency could pass parity with Aust dollar this year 7 02am January 13 4 comments Turning Japanese Investors hope so A weak yen is a boon for the Nikkei but forecasts for a softer Australian dollar are so far deterring international investors from the ASX by Kirstie Spicer 3 55pm December 17 1 comment QE will give us Dutch Disease Debelle RBA deputy governor says extreme US stimulus distorts FX rate report 11 03am November 08 7 comments HSBC dragged into forex probe Europe s largest bank faces probe as it announces earnings jump 12 02am November 05 Currency rigging probe widens Banking giants suspend some currency traders amid growing scandal 7 08am November 02 1 comment High A pressures RBA govt RBA board member decries impact of Fed stimulus on local currency 3 31am September 20 2 comments Bernanke has the AUD on a yo yo The Australian dollar s climb back toward parity is threatening a fledgling recovery and puts the RBA between a rock and a hard place by Kirstie Spicer 4 14pm September 19 21 comments Currency to lift earnings 1 2bn report Weaker Australian dollar set to improve corporate bottom line this financial year 5 34am August 31 Super funds increase exposure to foreign currencies survey NAB survey finds falling A has put fresh emphasis on currency volatility 1 31am August 14 Markets Headwinds buffet airline stocks Some analysts expect Virgin to follow Qantas on fare hikes as airlines at continue to suffer from fluctuations in oil prices and the Aussie exchange rate by Brett Cole 10 45am August 01 Markets Dollar drop over Westpac s chief economist thinks the Aussie dollar has hit its trough and an August rate cut is still on the cards by Brett Cole 8 47am July 18 3 comments Bernanke speech to affect A Currency experts say A will fall if Fed begins tapering stimulus 3 48am June 19 1 comment US dollar falls below 100 Dollar slides

    Original URL path: http://www.businessspectator.com.au/markets/currency/exchange-rate (2014-01-13)
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  • NZ dollar to pass Aust dollar: HSBC
    domestic product GDP will expand by 3 4 per cent in 2014 up from 2 8 per cent in 2013 The New Zealand dollar will rise to 87 US cents by the end of 2014 It was 82 99 US cents at 0700 AEDT At 0630 AEDT the Australian dollar was trading at 90 03 US cents up from 89 03 cents on Friday It may surpass parity against the Australian dollar for the first time in four decades the report says The NZ dollar was at 92 63 Australian cents at 1700 AEDT on Friday The Reserve Bank of New Zealand RBNZ estimates the reconstruction activity in Canterbury will total NZ40 billion equivalent to 20 per cent of annual GDP To put this in context this scale of activity is similar in terms of its share of the economy to the resource investment boom Australia experienced through the last decade a factor that has dominated the economic landscape in Australia recently the HSBC economists say New Zealand s role as a provider of 60 per cent of China s dairy imports will also drive growth A third driver is a housing boom which is expected to continue The economists do not expect the general election this year to upset the economy The fact that the New Zealand economy is already operating near capacity may be a problem forcing the central bank to raise interest rates to quell inflation We expect the RBNZ to be the first developed world central bank to lift rates in this cycle the economists say They say the official cash rate currently at 2 5 per cent may by 3 5 per cent by the end of 2014 and 4 5 per cent by the end of 2015 The first rise is likely to arrive

    Original URL path: http://www.businessspectator.com.au/print/765886 (2014-01-13)
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