Business Blog

Australian businesses are being forced to pay thousands of dollars to overseas hackers to rid their computers of an unbreakable virus known as Cryptolocker. The “ransomware” infects computers through programs and credible-looking emails, taking computer files and photographs hostage.

In today’s modern working environment where flexibility is key, there are a range of working environments to choose from, including serviced and virtual offices. Many small businesses and entrepreneurs don’t have the financial capacity to rent traditional office space – as a result, serviced and virtual offices have increased in popularity.

Although plenty of entrepreneurs have succeeded without mentors, it’s always easier having a helping hand. With a little time and effort, a few mentors can be lined up and, soon enough, they can change your business life for the better. While some might talk to you weekly, others once or twice a year, and some even less than that, each and every conversation will be valuable. The mentors you choose have been down the road you’re about to go down, and can provide valuable business insights, advice, moral support, and the encouragement you might need in order to succeed as an entrepreneur.

It’s perfectly reasonable to expect high performance levels from your staff, but you’ll find it’s much easier to achieve this goal if you also work hard to boost employee engagement.

When I was sitting in Servcorp's foyer this week waiting for Marcus Moufarrige, I could hear his father’s voice booming from a nearby meeting room.

Alf Moufarrige, a legend in Sydney property, was educating a group of sales neophytes from around the world. “When you get a sales lead on the hook,” he bellowed, “you sell, sell, sell. You don’t let him go.”

As a provider of premium office solutions for small and large businesses alike, we’re heavily invested in the Australian business community. We regularly encounter inspired and hard working small business owners in our office locations and we wanted to better understand their motivations for starting their business. We also wanted to understand what’s holding aspiring entrepreneurs back from making the leap and turning their own business ideas into reality.

From start-ups to established firms, the march of Australian companies offshore is gathering momentum. Enabling this trend are countries such as the Philippines, where there are now a range of outsource vendors with models and tools to make life easy for offshore first timers.  These vendors often have an account manager or sales representative on the ground in Australia; some are even owned and operated by Australian entrepreneurs, removing the cultural barrier which can thwart success.

Once you’ve made the decision to start your own company, you’ll find that financing is one of the most difficult obstacles an entrepreneur has to overcome. When considering the capitalization of your small business, it’s important to understand the options available to you both right now and in the future should you decide to expand into a virtual office or brick-and-mortar store.

Small business growth in Australia continues to be the major positive trend in Australia.

Australians are not only looking to start a business but grow it quickly with the business entry rate increasing 2.5% to 13.7% - the highest increase in more than two decades – between 2013-2014.

Do you know what your customers really think about your company, products, or services? If you don’t have an answer readily available, you should make it a point to find out: over 70 percent of consumers trust the opinions of their family and friends over marketing messages. Customer feedback is essential to running a business: it tells you what’s working, what’s not, what needs to stay the same, and what needs to improve. Here’s a list of effective ways to get feedback from current and potential customers.

Australian businesses are being forced to pay thousands of dollars to overseas hackers to rid their computers of an unbreakable virus known as Cryptolocker. The “ransomware” infects computers through programs and credible-looking emails, taking computer files and photographs hostage.

In today’s modern working environment where flexibility is key, there are a range of working environments to choose from, including serviced and virtual offices. Many small businesses and entrepreneurs don’t have the financial capacity to rent traditional office space – as a result, serviced and virtual offices have increased in popularity.

Although plenty of entrepreneurs have succeeded without mentors, it’s always easier having a helping hand. With a little time and effort, a few mentors can be lined up and, soon enough, they can change your business life for the better. While some might talk to you weekly, others once or twice a year, and some even less than that, each and every conversation will be valuable. The mentors you choose have been down the road you’re about to go down, and can provide valuable business insights, advice, moral support, and the encouragement you might need in order to succeed as an entrepreneur.

It’s perfectly reasonable to expect high performance levels from your staff, but you’ll find it’s much easier to achieve this goal if you also work hard to boost employee engagement.

When I was sitting in Servcorp's foyer this week waiting for Marcus Moufarrige, I could hear his father’s voice booming from a nearby meeting room.

Alf Moufarrige, a legend in Sydney property, was educating a group of sales neophytes from around the world. “When you get a sales lead on the hook,” he bellowed, “you sell, sell, sell. You don’t let him go.”

As a provider of premium office solutions for small and large businesses alike, we’re heavily invested in the Australian business community. We regularly encounter inspired and hard working small business owners in our office locations and we wanted to better understand their motivations for starting their business. We also wanted to understand what’s holding aspiring entrepreneurs back from making the leap and turning their own business ideas into reality.

From start-ups to established firms, the march of Australian companies offshore is gathering momentum. Enabling this trend are countries such as the Philippines, where there are now a range of outsource vendors with models and tools to make life easy for offshore first timers.  These vendors often have an account manager or sales representative on the ground in Australia; some are even owned and operated by Australian entrepreneurs, removing the cultural barrier which can thwart success.

Once you’ve made the decision to start your own company, you’ll find that financing is one of the most difficult obstacles an entrepreneur has to overcome. When considering the capitalization of your small business, it’s important to understand the options available to you both right now and in the future should you decide to expand into a virtual office or brick-and-mortar store.

Small business growth in Australia continues to be the major positive trend in Australia.

Australians are not only looking to start a business but grow it quickly with the business entry rate increasing 2.5% to 13.7% - the highest increase in more than two decades – between 2013-2014.

Do you know what your customers really think about your company, products, or services? If you don’t have an answer readily available, you should make it a point to find out: over 70 percent of consumers trust the opinions of their family and friends over marketing messages. Customer feedback is essential to running a business: it tells you what’s working, what’s not, what needs to stay the same, and what needs to improve. Here’s a list of effective ways to get feedback from current and potential customers.

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