Key points: The festive season can disrupt business finances due to increased spending and shutdowns. Cut non-essential expenses, avoid long-term contracts, and diversify suppliers. Engage with banks early, build cash reserves, and maintain strong customer relationships. The festive season, often a period of increased personal spending and celebration, can also pose significant cash flow challenges […]
Key points: Retailers can take inspiration from hospitality’s efforts to band together Collaboration can improve operational efficiency, productivity and brand loyalty Start small and set the ground rules early to ensure an effective partnership Sectors such as hospitality are scaling collaboration efforts as they face increasingly challenging trading conditions – should retailers take a leaf […]
Key points: The Australian health and wellness industry is booming, with a 7.1% growth expected over the next eight years. Middle market businesses can tap into this growth by updating strategies, investing in R&D, going digital, forming partnerships, and embracing sustainability. Success hinges on agility, proactive leadership, and a knack for innovation and collaboration. The […]
Key points: Having a reliable Number Two allows you to focus on strategic goals and explore new opportunities Empower your Number Two by giving them decision-making power and recognising their contributions Supporting your second in command can help maintain company culture in times of transition As a middle market business owner, you have a lot […]
Spring is a season of renewal, growth, and optimism. Traditionally it’s time to air out the house, take stock of how the year is going and see what needs to still be achieved. It’s also a great time to take a look at your business and see how healthy it is. But what exactly is […]
Delivering Value for Money (VFM) in infrastructure and major projects is crucial for achieving the best outcomes at optimal costs. This encompasses financial efficiency, but also the quality, timeliness and the overall impact of the project. In Australia, infrastructure projects play a pivotal role in the national economy and face distinct challenges. But how can […]
Infrastructure and major projects are essential for the economic and social development of any country. According to the 2023 Infrastructure Australia report, for every $1 billion invested in infrastructure, Australia sees an estimated $3 billion boost to the economy. These projects create jobs, stimulate local economies and enhance overall productivity. They provide the backbone for […]
Melanie is a Director in the Business Recovery and Insolvency Services Division at Pitcher Partners Perth. She takes pride in her ability to work efficiently to achieve outstanding results that preserve and enhance value in complex, time-sensitive situations. With nearly 15 years of experience, she has handled a diverse range of formal and advisory appointments […]
Key points: Australian retailers are facing numerous economic challenges and disruptions to business Maintaining a firm oversight on costs and developing contingency plans will strengthen your business Customer loyalty, value creation and investing in your people are key to growing market share The retail headwinds just seem to keep coming. Retailers have endured narrowing margins, […]
New legislation recently introduced to the Parliament will allow stronger penalties, greater fines, and even jail time for employers found to have deliberately underpaid their workers, but this will come on top of already strong rules in many states designed to crack down on poor payment practices.
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