Financial Metrics That Every Business Should Track This Year

Financial Metrics That Every Business Should Track This Year

Many business owners make the mistake of confusing basic accounting capability with true financial literacy. Being able to keep your books balanced is important, but it doesn’t give you the deeper, more dynamic understanding of your business’s financial health that...
5 Ways to Boost Your Company’s Cash Flow

5 Ways to Boost Your Company’s Cash Flow

Few metrics matter more to SMEs than cash flow. Revenue might suggest growth, but cash flow determines survival, flexibility, and long-term opportunity. In practical terms, cash flow is one of the clearest indicators of a business’s financial health. When cash flow is...
Evidence-Based Power of Peer Advisory Boards

Evidence-Based Power of Peer Advisory Boards

At The Alternative Board, we are committed to continual improvement. For nearly five years, we have worked closely with a team of independent researchers led by organisational behaviour expert Dr Roman Terekhin. Their work examines a wide range of peer advisory boards...
10 To Do’s for the New Year: A Checklist for Small Businesses

10 To Do’s for the New Year: A Checklist for Small Businesses

The beginning of the year is an ideal time to step back from the day to day operations of your business and make space to tick a few important items off your list. Here are 10 practical tasks that will help you begin 2026 on the right foot. Strategic Planning Review...
What Is Future-Proofing? How to Make Sure Your Business Thrives

What Is Future-Proofing? How to Make Sure Your Business Thrives

The business of doing business is evolving at breakneck speed these days. Advancements in technology, changing consumer preferences, and a range of global dynamics continue to create both opportunities and challenges for small to medium sized businesses and the...
How to Navigate a Changing Business Landscape

How to Navigate a Changing Business Landscape

With so much change happening in business, from new tariffs and global shifts to the unprecedented impact of artificial intelligence, smart business owners know they need to recognise and respond to changes in their market, customers and industries. But recognising...
Telltale Signs Your Team Needs Management Training

Telltale Signs Your Team Needs Management Training

Business leaders often struggle with developing and training their mid-level management teams. In fact, managers are often the most poorly trained employees in an organisation. A 2023 Chartered Management Institute (CMI) study showed 82% of new managers had no formal...
Success by Design: Leveraging the Right Opportunities

Success by Design: Leveraging the Right Opportunities

Over the past decade, Mikael Wedemeyer and Nathan Mussig have gained invaluable insights into running a successful business as partners in Niche Studio, a web development and design firm. Discover how The Alternative Board’s Business Builder’s Blueprint...
Creating a Stronger Team Starts with Better Management Habits

Creating a Stronger Team Starts with Better Management Habits

The equation is straightforward: a leader with poor or ineffective management habits will likely get less from their team, while employees under strong business leadership tend to work harder and achieve more. Think about the benefits when small business team...
Want to Keep Employees Happy and Productive: Here’s How

Want to Keep Employees Happy and Productive: Here’s How

“Employee happiness” might not appear as a line item on your profit and loss statement, but it can make or break your business. In Australia’s competitive job market, keeping your team happy is not just about being a “nice” boss. It is about attracting the right...
Does Hiring for Cultural Fit Limit Growth and Innovation?

Does Hiring for Cultural Fit Limit Growth and Innovation?

In Australia, we pride ourselves on running businesses that are not just successful but also great places to work. Part of that comes down to the people we bring on board – their skills, attitudes, and the way they work with others. “Cultural fit” is a term you’ve...
Everything You Need To Know About Planning Your Exit

Everything You Need To Know About Planning Your Exit

As a business owner, even if you’re not planning to step away for years, the choices you make today can shape your future success. Early planning puts you in control, it helps lift the value of your business, makes transitions smoother, and ensures that when the time...
Building Your Business Like You Would a Home

Building Your Business Like You Would a Home

Building a business is a lot like building a house. Both need vision, loads of hard yakka, and a fair bit of grit. No builder would pour a slab without a detailed plan, yet plenty of business owners start their ventures without a long-term, practical blueprint....
How to Combat Employee Burnout

How to Combat Employee Burnout

It won’t come as a shock to business owners and executives across Australia: in today’s fast-paced working world, many hard-working team members are either already burned out or getting dangerously close. Too many projects, long hours, constant connectivity, and not...
Involve Employees in Your Business (or Strategic) Plan

Involve Employees in Your Business (or Strategic) Plan

Every business owner knows that success isn’t achieved alone. Whether you’re running a tradie business in Brisbane or a marketing agency in Melbourne, your ability to plan for the future depends heavily on your people—the very ones working day-to-day to...
5 Tips on Recruiting High-Talent Gen Z Job Candidates

5 Tips on Recruiting High-Talent Gen Z Job Candidates

As businesses across Australia face increasing competition for qualified candidates, many are focusing on what resonates most with different generations of workers. Among the most actively recruited are members of Generation Z — but there’s no “one-size-fits-all”...
5 Signs You Are Micromanaging and Don’t Even Know It

5 Signs You Are Micromanaging and Don’t Even Know It

One of the most fundamental principles of effective leadership is this: avoid micromanaging your team. Micromanagement is a leadership style characterised by excessively supervising employees, offering them little to no autonomy in how they complete their work. Aside...