Monthly Archives: November 2019

Time to Write Your Business Plan – And Here’s How!

Did you know that 8 out of 10 small businesses close down within the first 5 years of opening? But do you know what's worse? Of those that survive, less than 25% rate their businesses as "successful". More than 70% of small businesses who have existed for more than 5 years say that they are "struggling" or "surviving". How would you like to spend the rest of your business life struggling or surviving? (more…)...
Read more

Get Your Risk-Management Right

Most Indigenous corporations undergo rigorous planning rituals. They prepare strategic plans and many then operationalise them by preparing details business plans. Yet, one of the most important planning rituals for an Indigenous corporation is rarely executed - their Risk Management Plan. Despite all the strategies and business plan action steps, the future is not predictable. Many unpredicted things can happen in just the year ahead, some bringing good fortune, others potential catastrophe. Indigenous organisations face the possibility of changes to funding models, changes in legislation, political pressure, community disasters, fire, cyclone damage and the volatility of the economy. (more…)...
Read more