by Canning Tax & Advisory | 30 Sep 2022 | Business Operations
In business, there is such a thing as a ‘good problem’. One example is a business which provides a good product or service in high demand by customers. The business needs to produce more and invest in marketing, sales, and customer management. There’s an...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations, Business Planning
Many businesses are facing increased costs. This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”. Let’s look at what business leaders should be thinking about in this environment. First,...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations, Business Planning, Succession
Humans are adaptable. That’s how we’ve survived for a long time! No surprises, then, that people have quickly responded to COVID-imposed changes, like complying with lockdowns, wearing masks or working from home. However, sustaining these changes for a long time...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations
It’s good business practice to manage expenses carefully. Even a successful, cash-rich business should be meticulous about how they’re spending money. (Often that is how they become cash-rich and successful in the first place). A business which is short of cash or is...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations
COVID-19 has had a big impact on employment, though the impact is not yet fully understood. No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations
Great businesses and projects start with an initial idea. BRAINSTORMING is the process of developing ideas which can be implemented in successful businesses. Occasionally, brilliant ideas can ‘just happen’… but more often, they are the product of a rigorous process....
