When one or more employee leaves a business and looks elsewhere for employment, it’s worth finding out why they chose to quit. Burnout is one of the leading causes behind these career-changing decisions.  As CNBC notes, “Even in a job market flush with...

It’s not unusual for a first-time CEO or business owner to experience qualms about their ability to handle the challenges they face. But it’s also true that many veteran business leaders encounter self-doubt from time to time. Either they learn how to overcome those...

As a proprietor of a small business, it's imperative to keep your financial records organised to guarantee the prosperity of your business. Now that more than half of the 2023 financial year has passed, it's an opportune moment to examine your bookkeeping procedures....

Running a business can be a complex and demanding task, especially for small business owners who wear many hats. One of the keys to success is having an efficient and reliable support system in place to manage day-to-day administrative tasks. In this blog, we will...

  In our information-saturated age, even the most diligent CEOs and business leaders can have trouble focusing on one thing at a time. When you lead a business, workplace distractions often prove detrimental to operational efficiency and, in the worst cases,...

A profit and loss statement, also often referred to as an income statement, revenue statement, P&L statement, or P&L, provides business owners and potential investors a comprehensive and easy to digest view of a company’s financial standing. Profit and loss...

While nobody has a crystal ball, a lot of signs are pointing toward an impending recession. Consumer spending is slowing. The employment market is volatile. Inflation, while ebbing, is still rearing its ugly head. But there is an important silver lining to remember...

Like CEOs and business owners everywhere, TAB Members understand the ever-growing value of social media engagement. At the same time, they often despair of finding the time and resources needed to get fully involved in the social media realm—and thereby ceding its...

You are a hardworking business owner who is consistently stressed for time. You end each day reflecting on all those tasks and activities that you didn’t check off your tick list. Darn. You should have called that supplier to negotiate a better price. Yikes. You...

Productivity. It is the steady hum that keeps a business thriving at a clip. Highly productive business owners often run substantially more productive businesses, as leadership’s efficient and effective approach in addressing daily tasks tends to trickle down...

 As businesses recover from the effects of the pandemic, a lot of emphasis is being placed on helping employees find a healthy work-life balance. This goal is no less important for CEOs and business leaders. Without such a balance, they are just as susceptible as...

In the hard-fought battle to recruit and retain high-quality employees, smaller businesses may sometimes feel at a disadvantage. But even if they lack all the HR resources of a larger company, it’s possible to compete when your efforts include an emphasis on finding...

The way we say what we say matters. Never is this more true than within a Business Coaching or meeting environment. Though usually unintentional, there are certain words that can create tension and defensiveness within a coaching session or really any type of business...

Given the interest rate hikes and cost of living crisis that is currently happening, words like 'recession' have been thrown around. The way in which businesses are affected by recession vary greatly, but small to mid-size businesses (SMBs) are often particularly...

With many businesses focusing their marketing online these days, in part due to the pandemic, the question as to the value of social media has once again become a hot discussion topic in my TAB groups. According to a recent study with small business owners, a majority...

What a year 2022 has been. A war broke out, oil costs skyrocketed, the longest reigning monarch passed away, data breaches in Australian companies, Reserve Bank interest rate rise after rate rise, the past 12 months have been a roller coaster.  As times are steering...

Some CEOs and business leaders have an innate ability to manage their time efficiently. But many others have to learn new habits of time-management and work hard to reinforce these habits in their daily lives. If they don’t do so, they lose irreplaceable quantities of...

Great customer service is one of the biggest drivers of customer satisfaction and retention. Customers care about the treatment they receive from a business - and how that engagement makes them feel - almost as much as they do the actual goods and services they...

Successful and effective business leaders often share notable common traits. You know, things like vision, enthusiasm, and integrity, to name a few. Research suggests however that communication is the number one key attribute of great business leaders. But strong...

Due to the pandemic, it's been a tough and long couple of years for many businesses. However, a growing number are bringing employees back into the office, hiring again, and thinking about office space opportunities. Specifically, I have been asked by several of my...

Resilience is a recent buzzword- but what is it? In short, it is the ability to bounce back or recover from challenging situations or events when our plans go awry. In such cases, resilient individuals are more equipped to maintain calm and focus on the aspects they...

Strategic planning is a critically important part of business growth. If a CEO and senior executive staff don’t look ahead to what the future might hold, there’s little opportunity for growth and expansion. A business can only tread water and hope for the best...

We’ve all read with shock and horror about large cyber-attacks such as the breaches at Optus, Telstra and even Netflix but what if we told you that the most frequent threats have been to small and medium-sized businesses? In fact, more and more small businesses are...