This article originally published in Inside Small Business on 10 March 2021. The Australian Industry Group estimates the snap five-day lockdown cost Victoria’s economy more than $2.3 billion in lost or postponed household spending. Coming as it did across Valentine’s Day and Chinese New Year, horror stories were plentiful. Florists called for compensation from the […]
Now in its sixth year, Pitcher Partners’ latest Legal Firm Survey, conducted last year, focused on the impact of COVID-19 on legal firms, their staff and businesses. The survey of law practices across Australia consisted of a questionnaire and a roundtable of participants to discuss the results.
A family-owned business with 160 staff, and annual turnover of $45 million, Lotus Doors is a highly innovative player in the world of adaptive space solutions. In this episode Liz Jones, CEO of Lotus, shares the journey from becoming the company’s new CEO and diagnosing organisational problems to driving the company’s continual growth and reputation for quality. The company has changed a lot since its inception. Fostering a productive workplace culture has been a big part of driving this change.
Selling a dealership takes, on average, a minimum of six months and that is based on the assumption that your business is sale ready. During this period of time there are a few things that you should be prepared for.
How do you turn challenges into opportunities? What drives you to continually challenge yourself and your thinking? How do you grow the business you lead?
Given the events of 2020 and with the future remaining uncertain, it is clear that the next 5 years will involve more pressure, requirements and opportunities, forcing many dealers to abruptly leave the industry. The question dealers need to ask – “is this the same case for me?”
Businesses of all sizes need tailored models to facilitate their financial planning and reporting requirements. These models help to support investment and finance decisions and streamline annual budgeting processes.
The ‘Adapting to the new normal: Hybrid working 2021’ report, released today by Pitcher Partners Melbourne, Bastion Reputation Management and Bastion Insights, reveals a disconnect between employer and employee expectations of hybrid working arrangements. The gaps, which are primarily centred around people and performance management and communication, are likely to grow if businesses don’t have the right frameworks in place for an effective transition to a COVID normal environment.
As part of its 2020-21 Federal Budget, the Government announced a new JobMaker Hiring Credit to incentivise businesses to hire additional employees.
Over the next two to three years, merger and acquisition (M&A) activity is likely to increase as a result of the impacts of COVID-19 on businesses.
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