One of the most important and effective drivers of business leadership success is intentionality. For a business owner, intentionality refers to having a clear purpose, a well-defined plan, and a comprehensive infrastructure in place for not just running the...
7 Funding Tips For Entrepreneurs & Small Businesses The Alternative Board surveyed hundreds of business owners to learn more about how they funded their business and what they learned from their funding experiences. According to the results, the large majority of...
In business, everyone should have job-related goals, from the front-line staff to those occupying the highest levels in the organisation. In all cases, the more specific the goals (as opposed to abstract objectives like “boosting sales”), the more effective the...
Ever wonder what it's like to actually be on a peer advisory board? We often speak about their benefits, but the reality is hard to convey. Over the last 15 years, TAB has dedicated itself to helping small business owners problem solve and succeed, by helping business...
When you last strolled around your workplace, did you notice any difference in the environment? Did you get a sense that your employees felt stressed out (or more so than usual)? Were people less friendly than in the past? Was some sort of “siege mentality vibe”...
When was the last time you thought about changing the design of your workplace? If you feel there’s potential for greater productivity among your employees, take a close look at how your office or workspace is presently configured. This design might just be limiting...
Families in the process of transferring their business to the next generation have a number of complex challenges to overcome. Maintaining the viability of the business enterprise is foremost. This involves good business planning, sound management, effective practices...
The invention of personal computing revolutionised the way we did business. From small, local businesses to international conglomerates, the second half of the twentieth century radically altered the opportunities available for operating, expanding, and imagining...
Why is search engine optimisation so important for your website? One of the lessons learned from the recent Covid-19 pandemic concerns the need for businesses to boost their online presence. Right now, SEO can help you achieve this goal. Here are some SEO strategies...
Losing a customer is always cause for concern, but it can also be a learning opportunity. Businesses face a constant challenge of thoroughly understanding customer buying behaviour, and when that behaviour involves choosing a competitor instead, it’s time to reassess...
New South Wales went into lockdown on Saturday, along with other capital cities and it is once again going to take a toll on the economy, and small business owners. The two-week lockdown, which includes Greater Sydney, the Blue Mountains, Wollongong, and the Central...
The Queensland Government has been rolling out grants to aid small businesses by providing financial and professional assistance wherever needed. Our team at The Alternative Board helps small businesses with grant applications and proposals, as well as investment...
Among many things the COVID-19 pandemic changed in the world, the concept of business meetings has undergone a dramatic transformation. For many businesses, meetings that take place on Zoom or other online platforms have become the default choice of venue. For other...
Terminating an employee isn’t something business owners and CEOs relish. When the situation demands some drastic action, however, it’s necessary to follow through for the good of the business. The unpleasantness takes on an added dimension when the person being...
With many family businesses, the time to think about succession planning starts on day one. Succession planning is optimising a business for the owner to exit it. Daniel Wong, owner of TAB Brisbane Inner North guides business owners looking to create succession plans....
For many business owners, the first year of operations (or first five years) often presents the greatest challenges. Whether it’s fine-tuning and introducing new products or services, coping with elements of the competitive landscape, or simply finding new customers,...
How a peer advisory board can benefit your business At The Alternative Board (TAB), we often hear from business owners who feel they can’t properly share the challenges they face as an owner with their friends, family, or even employees. We’ve heard many business...
Many Australian small businesses have been started up within families. There are many benefits to owning a family business, but there are also some drawbacks. Often working with family members can cause problems in a business if not done correctly. We recently...
Among CEOs and business leaders, the search for strategies for the best work-life balance has been going on for years. Only recently has the crucial importance of this balance become crystal-clear for everyone. Without a proper balance, business leaders face...
There may be only 24 hours in a day, but with effective time management strategies, business leaders can get a lot done within that limited timeframe. The key is taking steps to eliminate clutter and distractions, improve focus, and be more disciplined in how you put...
Creating an effective company culture has been shown to reduce turnover, increase productivity and have overall happier employees, but it can be tough to maintain when workplaces are shifting to remote and online environments. Whether your staff has been working from...
As the world increasingly shifts to online workplaces, and remote working, a good understanding of making remote meetings work is critical. There has been a massive uptake in adopting virtual boardrooms to cut down on costly travel for meetings, training sessions, and...
In today’s marketplace, there’s no room for “rogue” operations or any one individual insisting on going it alone. The challenges and demands facing businesses require a culture of open and productive relationships between the CEO or business owner and their team....
[column_wrapper][two_thirds] Low cost marketing tactics to help your business achieve development goals. For most small businesses, highly effective marketing is a make-or-break necessity. Each year thousands of businesses fail—not because they lack effective...
[column_wrapper][two_thirds] Best Ways to Secure Capital for Your Business White Paper While small business owners have a wider range of options for financing new businesses and expanding existing businesses, what we learned is that sound planning is still a key...
Work-life balance is something many entrepreneurs and small business owners struggle with. [column_wrapper][two_thirds] Obtaining a better work-life balance is possible, with strategic planning. There’s nothing more exciting than breaking free of cubicle life and...
[column_wrapper][two_thirds] Time Management is a universal problem By combining data on how business owners actually spend their time with insights from owners who face the same challenges, we've created a strategic guide to help you take advantage of every valuable...
Discover more by finding your nearest TAB Board facilitator.