The Surefire Guide To Small Business Success
After much writing, reading, editing, and re-writing, The Surefire Guide To Small Business Success is almost here!
Over 150 pages outlining the framework that businesses use to become successful and stay that way.
Drawn from over 15 years’ experience in both advising and running businesses, the strategies outlined in the book are based on the Business Lifecycle Roadmap developed by Value Beyond.
It is these strategies which we use to advise our clients on how to set up, run and improve their business to ensure maximum profits and value are achieved. Keep an eye out for the announcement of the launch!
Do You Have The Energy To Be Successful?
“Why do you continue to push yourself so hard when you don’t have to these days? You’re not broke.”
“Exactly. That’s why:”
Every now and then, you will read words of wisdom that resonate and make you realise just what it is that makes the successful people different from all the other hopefuls who try to make it big.
The above quote is from an unlikely source for advice to business owners and investors – Dwayne “The Rock” Johnson.
Despite becoming successful, the continual energy put into thriving and succeeding – what some people refer to as drive or motivation – is what keeps people at the top and continually striving to achieve.
One theory on the fall of the Roman Empire is that the energy available to the expanding empire was not enough to meet its growing needs. Despite conquering more nations and being able to access more energy, the energy needs of the expanded empire was a growing problem which in turn caused the empire to collapse when the energy needs were greater than the supply.
On an individual level not everyone wants to build an empire, but finding the energy we need to invest into our daily activities can sometimes be a struggle. At times it can feel like the energy has disappeared, making it harder to keep pushing forward.
There is also a real risk that, like the Romans, our energy can be spread too thinly across many activities and tasks, which means we can’t allocate the proper attention to get the important tasks done, not just the urgent tasks.
Achieving success, and continuing to succeed is a combination of setting goals, and then putting in the energy, the effort, and the discipline required to get there. Having the focus on the goal will sometimes mean other things will have to be sacrificed, even if they are easier and more enjoyable.
It is all a question of what is important to you and how much you want it.
If you are finding yourself getting off track, or would like some guidance on your goals and strategies, talk to us about our Accountability packages and how they might help you get moving in the right direction.
What is in a name?
Quite often when we set up companies and register business names, the hardest part of the exercise can be coming up with a unique name that is not already registered. When comparing names, ASIC will disregard differences such as:
- plural or singular forms of words
- using words like ‘the’ or i.e. the use of the definite or indefinite article;
- the type, size and case of letters, and any accents, spaces between letters, numbers or characters, or punctuation marks used in one or both names
Other times, the issue we face is whether a name is restricted for use by government legislation. Examples of restricted names include:
- names that are undesirable or likely to be offensive;
- names that include the word ‘Commonwealth’ or ‘Federal’;
- in the context suggests a connection to the Crown, Commonwealth or State Government, or other government authority;
- suggests a connection with
- the Royal Family;
- the receipt of Royal patronage;
- an ex-servicemen’s organisation;
- Sir Donald Bradman;
- Mary MacKillop
- contains restricted words such as Chartered, Consumer, Co-operative, Executor, Friendly Society, GST or G.S.T., Incorporated, police, Stock Exchange, Trust or Trustee
Other names might require consent if they contain words such as bank, banker, building society, or names such as Anzac, Red Cross, United Nations or University. If you are thinking of registering a company or business name and want to make sure it is available, you can check for available names at www.asic.gov.au.