Start-up
Failure learning experience not avoidance
Many people are obsessed with avoiding failure. They are risk-averse and don’t take the time to understand failure and risk. Failure is the flip side of success, and the more you know it, the more successful you can become. It is the mistakes and failure you experience that leads you to eventual success by achieving…
Read MoreStarting businesses without experience.
How else to you learn if you don’t have a go at starting a business. Starting businesses is not that hard; it is keeping it going where the problems begin to emerge. You will also find many opposing views, particularly form those who have never owned a successful business. You can be starting a business…
Read MoreLocal imports should be replaced in regional areas.
Achieve sustainable jobs and community prosperity. Start by examining current local imports of goods and services into the region, town or village, and develop the conditions to produce those goods from local resources with local labour. It is the best way to achieve sustainable jobs and community prosperity. Is import replacement, the solution to scarcity,…
Read MoreStart-up pitfalls to avoid early.
Be sure you like the town or village, and it can support your ideas. Avoid the start-up pitfalls by getting off to a good start in a community you like. You can research by reading, the Internet and keeping up-to-date with business magazines and industry journals. It would help if you also conducted market research…
Read MoreHobby power can become successful businesses.
Playing the right tune gives a new business hobby power. Hobby power can do much in helping you to create a successful business. Do what you love and love what you do. If you do not have much business experience, while not necessary, you can start well with what you know. Treat your hobby as…
Read MoreWorkshops improve employee and volunteer performance.
Creating small workshops improve with video conferencing which could be the answer to enhancing everyone performance. It would also help to improve your own performance as you focus on the problems and frustrations you are facing. Businesses built on a shaky foundation are the first to crumble and often it is the employees who see…
Read MoreLessen impact using Economic Gardening programs.
Involve youth in Economic Gardening, to lessen the impact. Are your local youth putting their brains together to help establish and grow new economic development initiatives to lessen the impact of COVID-19? With the many changes in our communities, young people will inevitably experience fear, anxiety, and stress, and an Economic Gardening program could be…
Read MoreBuying existing businesses awareness.
Buyer beware Be careful, buying existing businesses awareness might look good on the outside, but… It is good business to involve someone who is experienced in buying and selling businesses. Put your emotions to one side, be patient and exercise your right to examine every aspect. It is unwise to rely on sellers statements. Buyer…
Read MoreImport replacement matters to regional communities.
What a great sight to see leaving a regional community. When it comes to revitalising our regional towns and villages, import replacement matters. It matters because the world has locked down because of the COVID-19 pandemic and disrupted many supply chains. It may last for months, which has diminished economic activity in our regional communities.…
Read MoreBusiness locations research checklist
Empty old buildings might be cheap but not suitable business? Business locations are probably the most critical factor in determining the success of many companies; studies have shown that poor location is among the chief causes of business failures. During times of adversity can be the best time to reconsider relocation. You must be willing…
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