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Reporter

Things to consider while choosing multichannel ecommerce software

October 8, 2019 by Reporter Leave a Comment

 ecommerce  in italy

Many online business stores limit themselves by selling products only on one website such as Amazon, which can result in loss of revenues. There are several marketing channels which provide opportunities for increasing sales in online business which ultimately help to generate more revenues. However, it requires the right platform to reach more customers with a quick turnaround time. Businesses willing to employ a multichannel strategy should focus more on selecting the right platform for meeting essential needs. Moreover, it will help a lot to grow business significantly to obtain optimal results.

Multichannel ecommerce software for online business

Listing products on many ecommerce channels will consume more time if done manually. A multichannel ecommerce software allows online business stores to sell their products through various networks easily with the latest features, all while automating the process. In fact, it allows businesses to get more leads after listing their products. On the other hand, overselling may lead to penalties and other problems while utilizing the software. Not all software products are the same and a business store should consider certain important things before investing money.

Here are some key aspects to look out while selecting a multichannel ecommerce software solution.

1. Customizable features

It is important to select a platform that comes with customizable features for gaining more advantages. This, in turn, helps to run a business successfully with automation and human-tech support.

2. Ease of use

Business owners who want to control their sales should make sure that the ecommerce software comes with an editing tool. They should find a software support team that can correct things like typos. The multichannel platform should also provide the option to edit product details that can then sync with the listing channels so that they don’t need to be manually updated.

3. Data management in listing

Data management is the most important factor to consider while choosing a multichannel platform. It is necessary to select the best software that will copy current product listings into other channels. A multichannel platform should include images, descriptions, specifications, and pricing when uploading the data.

4. Inventory syncing

Inventory syncing is another thing to consider while buying a new multichannel platform for ensuring optimal results. It is a crucial feature that is needed for an effective listing management system to sell one-of-a-kind products.

5. Multiple sales channels

Large online business stores should choose a platform which supports multiple sales channels that will benefit them significantly. Some software can support many different channels or a large amount of product listings.

6. Shipping

Shipping is the next important thing to consider when buying a new multichannel platform for an online business. This is because a store should make sure that a product reaches a customer on time through established logistics provider after placing an order.

7. Customer service

Anyone who wants to sell products through multiple channels should select a platform that offers personal and individualized customer support. As such, there are many options available on the market to do so, and ultimately good research will ensure that you are able to get the best multichannel ecommerce software solution for your business.

Filed Under: Australia, Online retailing, Small Business, Website Builder Tagged With: Internet, Retail Online, Shop

What do you need to become a profitable trader?

October 3, 2019 by Reporter Leave a Comment

traders in trading

Many traders are concerned about the required timeframe to become a profitable trader. They try to get a basic idea of how much time it takes to become a proper trader. It must not be the main concern of the rookie trader. Instead of thinking of the timeframe to ensure a decent profit, you need to think of the trading quality. It is necessary to think of the trading plans. If not you, someone else will take your place with an improved trading mindset. He or she would work with a proper trading plan. There can be a good risk management plan for the trades. With the two important things for the trading business, it is possible to manage a decent profit from the trades easily.

All of it is not possible unless you ask the right question related to becoming a profitable trader. In this article, we will discuss the necessary aspects of trading properly. You will get the idea of preparing a proper plan for the trades. Besides, you also will get a decent idea of risk management.

Take care of the risk exposure properly

To become a profitable trader, you will need a proper risk management plan first of all. It will improve a proper trade setup for the executions of the trades. The risk management plan helps you to create a proper order for the trades. Being concerned about the safety and security of the trading business, the traders think of the least investment into the trades. Then they also decrease the investment with simple leverage. You need to know a decent risk management plan so that the risk exposures get a consistent setup every time of executions.

If you use a 1% risk management policy and leverage it with a 1:10 ratio, it will be good for your business. It helps to work with a proper position sizing. From the influence of decent risk management, you will also think of decent profit potential. So, the market analysis will be easy for you to handle. With all things covered for quality execution of a trade, it is possible to expect a decent profit. Make sure you use the best SaxoTraderPro trading platform to filter the best trades. Keep things simple in trading to reduce the risk exposure.

Use an effective trading plan

From the risk management plan, the pro AU traders will hold the trading money properly. But, the actual execution of the trades will need a proper plan. That is why the position sizing and market analysis needs a proper plan. The traders need to be consistent with every single procedure of trading. Along with the risk per trade, it is also necessary to trade with profit target. When you have a decent profit target like 2R as compared to the risks, use the other strategies for the position sizing. Try to find a proper signal which can satisfy the pip count necessary for your profit target. Also, try to use the fundamental analysis to understand the market condition properly.

After every necessary element is being used for a quality trading approach, you can expect profits. Even if the market behaves the opposite of your assessment, you can handle the losses with proper stop-loss. For a rookie trader, it is the first duty to learn to be safe in Forex trading.

The position sizing is very important

If the traders can define a position sizing for the trades, it is possible to set the stop-loss and take-profit. They are both useful to keep your trading business safe from losses. The stop-loss helps to protect a trading position from losing too much. On the other hand, the take profit helps to be safe when sudden price movement tries to turn your profit into a loss. Both of the tools are good with the executions of the trades but traders need to learn using proper position sizing. If they can learn the best market analysis strategies, it will help them to set proper entry and exit points for the trades. Thus you can use the stop-loss and take-profit properly.

Filed Under: Australia, Australian Stockmarket, Stockmarket Tagged With: Finance, Money, Trader

The Most Common Financial Mistakes Made By Startups

September 25, 2019 by Reporter Leave a Comment

loans in australia

As an entrepreneur, your day is full of finding your way, building and refining your services or products, growing your business and achieving your overall goals.

This can make it hard to keep up to date with all of the daily accounting tasks and the bigger picture finances. This is a problem because some important financial decisions and information can fall to the side.

If you are a financial whiz, you might still have a problem creating a financial plan and managing all of the finances. However, this is something that you need to stay on top of because it will affect the stability of the company and your ability to work towards your definition of success.

You will also need the financials to convince and assure your investors of the viability of the business.

Unfortunately, there are a lot of financial mistakes that a startup can make. Fortunately, when you know what these common mistakes are, you can take some steps to avoid them. Many of them are mistakes that you can easily sidestep.

So if you’ve got your financial startup ready to launch, here’s the mistakes you have to avoid.

Mistake #1 – Miscalculating Or Not Calculating Your Cash Burn

Not taking the time to do this will be a major issue. First, you need to know what cash burn is. The burn rate will be the amount of capital your business will go through each month to ensure it operates. If you do not have a clear understanding of this rate, you will have problems achieving your goals before you run out of capital.

A recent survey of new business owners has should that around one-third of them have underestimated their monthly expenses. Almost 20% of those surveyed also realized that they did not have enough financing for their business. It is very easy to miscalculate your costs and this results in your assumptions for initial capital being off. A good step to take will be to keep track of all the expenses you have.

To calculate your burn rate, you need to create a bottom-up projection that uses real-world variables. If you try top-down forecasting, you could be overly optimistic in your sales predictions and this will lead to an unrealistic expectation of revenue. Bottom-up projections are considered more realistic and will show you how much money you need to keep your business going month after month.

Reforecasting is also important and you need to do this. You will have to take into account variable and fixed costs to continually determine the real state of your business. If you are new to burn rates, it is recommended that more research be done on this topic.

Mistake #2 – Not Understanding Your Marketplace Completely

When you do not completely understand your marketplace, you are more likely to misprice your services and products. You should not calculate your costs and then add the margin that you would like to make. You have to consider your market position as well as the value of what you offer. It is better to start with price and work backwards.

When you calculate this, you need to come back to the marketplace and how it affects the price. You need to know who your clients are, what needs your offering fulfils and what you have to offer. Take a look at your competition and what differentiates you as well as the trends which affect your market. All of this will need to be combined to understand your market and how it affects your business.

Mistake #3 – Hiring And Expanding Too Quickly

The people in a company are one of the largest expenses they have. If you want to keep your costs low, your staff expenses should be the first place you look. A mistake that a lot of startups make is hiring too many people too quickly. Too many employees will drain your funds and affect your ability to keep the doors open.

It is not only the recruitment and salary costs that you need to consider. Max Funding’s business loan team explain, “you also need to consider whether you need a larger office with more equipment and supplies for the new staff. There are also some psychological costs that you need to consider such as what will happen to these new people if your business does not grow as it should and you have to let them go. How your investors will take you needing to disassemble your team will also need to be considered. To overcome all of these issues, you need to hire slow.”

Mistake #4 – Hiring The Wrong People

Finance startup Credit Capital state, “a way to save on staffing costs is to hire for potential and not experience. You should not waste your money hiring experience for the sake of having experience. When possible, you should outsource your non-core tasks such as marketing, accounting and development”.

Mistake #5 – Handling Your Finances Yourself

If you have ended the seed round of funding, have many expenses or are earning real revenue, you need someone to manage your finances on a strategic level. A CFO will generally be the best person for this job. If you do not have much financial activity, a CFO might not be the best solution, but you will still need some help with the daily bookkeeping and accounting.

According to Robinson Accounting’s experts, “while you might have the accounting skills needed for block and tackle accounting, it will not be the best use of your time. It is better to hire a professional to help with this so you can focus on the core business. Administrative tasks can take your focus from where it really needs to be. So it’s vital to weigh up whether you’re actually getting value from saving money but losing time trying to do everything yourself.”

This does not mean that you need to hire a full-time accountant or CFO. If your startup is still small, you should outsource these functions and get the support you need on an as-needed basis.

Do you know of any startup mistakes we missed?

Let us know in the comments!

Filed Under: Australia, NT, Sydney, Victoria, WA Tagged With: Finance, Loans

Why Do We Need More Young Leaders in the Workplace

September 1, 2019 by Reporter Leave a Comment

young challenge org

It is an excellent time to be an aspiring young leader. Young leaders are needed and in large quantities. Here are the reasons why.

To inspire a generation of future leaders

Part of leadership development includes mentorship. Young leaders are more likely to encourage more young leaders, as they give them the role model that they require to pursue this treacherous path.

Research shows that young-headed organizations are attractive to young and upcoming leaders. They see the young figurehead as an outstanding anchor in life that they can lean on for hope. As more young take up positions, the more it unlocks the potential of humanity.

They are qualified to take up leadership positions

The glass ceiling has yet to be shattered, as it takes almost twice the level of qualification for a young person to be promoted. With the right amount of leadership coaching, there are millions of potential leaders out there. Some fear taking responsibility, as they are unsure of their capability.

Young leaders are proven regarding inclusive and consultative working environments

A 21st-century leader must possess certain traits for him or her to be successful. One such trait is the ability to lead a friendly working environment. Research shows that young people are more likely to consult, learn, improve, listen to feedback, and extend empathy to their teams. When an organization has such a leader, there is less burnout, high job satisfaction rate, community-conscious workplaces, and meaningful work. Such organizations don’t just chase profits; they look at the bigger picture.

Young people are known to be resilient

In the modern era, new and diverse problems require an assortment of skills. Everyone is invited to the table to help navigate the new challenges in marketing, branding, customer relationship, product development, and other business processes. In the public sphere, issues of policy and implementation also call for everyone to participate.

In future, these traits will make the young become more inspiring leaders as the world moves towards experiential (customer experience-centric) economy.

They make the bulk of the consumers

Young people consume most of the products that come out of it. While they are doing a good job, they are shaping up to take the same by storm. They are bringing something that was not there in the past. Young people and leadership roles are becoming more compatible as more of them join the elusive class of executives and succeeding.

To promote an equitable workplace

More young people emerge to populate the emerging leadership roles in the public sphere and the corporate world. The overall outcome is a balanced workplace. Such an environment, though rare, it provides complimentary qualities that both men and women possess. The outcome is a successful organization.

Conclusion

For us to get more young leaders, we need more and more of them today to inspire others. That’s why we need more support and organisation who provide confidential counselling for young people. We also need to realize that the place for youngs in the global economy is enormous, the earlier we let them take the lead, the better it will be for the world.

Filed Under: Business, Small Business Tagged With: Agreement, Marketing, Work

Tips to Running a Family Law Firm Business in Sydney

August 29, 2019 by Reporter Leave a Comment

law in australia

The practice of law is a respectable one indeed. No matter what type of legal professional in Sydney you are, solicitor or barrister. You’ll notice that people generally have huge respect for the legal profession. But one thing is important to keep in mind. Many legal professionals and practitioners work for large companies. Others run private businesses. Some work alone, others in small groups. So if you’re running a law firm, you must be a business person too. It’s not something to which you would have given much thought when you were struggling to pass those exams. In those days, the passion for the law would have carried you through. Yet, like it or not, law firms are areas where business and commerce intersect. To practice the legal profession profitably, you will need some business skills.

Business Tips for Family Law Businesses

Are you a solo practitioner? Or are you a partner in a firm of family law solicitors? Either way, you have business responsibility. You must make yourself and your partners if need be, aware of certain aspects of the running of the company.

  • You must take a certain amount of time in the month to assess the situation in your business. If you’re a partner in a company rather than running the company alone, there must be regular meetings. This will keep everyone up to date with business matters.

  • In the case of a partnership, you each should have clearly defined responsibilities. Unless it’s specifically agreed that one person takes care of business.

  • One person could be responsible for tracking  company profitability. Another could be responsible for overseeing the office staff employed by the company.

  • You must try to project the company’s profitability for a year. based on the income the company makes per month. You should make careful notes of the partners who bring in the most revenue. Also, note the clients who are most profitable for the company. Use company successes discreetly in marketing the company’s services.

Marketing Tips for Family Law Businesses

Professionals sometimes find hustling for business to be distasteful and sleazy. It doesn’t have to be that way if you’re doing it right. Reliable Family law specialists are always in demand. You must alert the relevant people in the community of your presence.

  • Remember, families, are at the heart of local communities. So make sure that the local community has an awareness of who you are and where you are. You could incorporate your company’s years of service into a slogan. Especially if those years are long enough, i.e. ‘serving the families of our community for 30 years.’

  • If your local area has a community newspaper. It’s no harm to slip in a discreet advertisement on a regular basis. It will put the word out that you’re available to help local families. It may also generate gratitude from the newspaper committee. It depends on revenue from local advertising to keep afloat.

  • Keep a cash float handy in case someone requests your company to sponsor or co-sponsor a local event. Such as a community fundraiser. Remember, they will display your name as one of the event sponsors. This gets your name out among local community members.

Plant the Seed and Reap Rewards

You may have joined the profession because of your passion for law. Or to do good work in the greater community. But those running their own business must develop business management and marketing skills. It takes a little work to get them. But they pay off in the end.

Filed Under: Small Business, WA Tagged With: Lawsuit, Lawyers

6 Tips for Selecting Folding Arm Awnings for Your Store

August 29, 2019 by Reporter Leave a Comment

outdoor furniture awnings stratco

As a store owner, you need to care for your customers all the time. This doesn’t mean offering quality products only but also protecting them from harsh environmental conditions such as sun and rain. Folding arm outdoor awnings are a great way to protect your customers by bringing temperatures down and covering them from rain.

Apart from regulating the temperatures, an awning will also be a great way to market your brand. All you need is to get the one that is customized according to your brand. There are different types of folding arm awnings in Melbourne, and when choosing one for your store, you need to be careful. This article will give you six tips to select folding arm awnings for your store.

1. Comply with the law

The first step before choosing an outdoor canopy is to check the council requirements in your locality. Different states will have different rules, thus checking with authorities in your area is essential. Make sure the design you choose and the message you display on your awning is not against the law. If there is any fee to be paid, ensure you pay before installing the awning.

2. Consider size

The point here is to choose an awning that is proportional to your storefront. This will not only give your shop an excellent look but also save you on the cost. There is no need of getting an oversize awning that will cost you extra dollars and add no value. Size doesn’t matter when it comes to branding.

3. Store design

Awnings have different designs and colours, giving you a wide range to choose from. When you need to get one for your store, picking the one that will match with your store’s design and the colour is very important. By considering design and colour, the two will easily blend and avoid the hustle of repainting your shop. If your store has a protruding roof, don’t forget to consider it.

4. Consider your brand or logo

Store design and colour only are not enough to determine the colour you will choose for your awning. The brand you are trying to display is also a key factor to check on when selecting your awning. The canopy should have the same colour as your brand or logo, and if possible, you can have your brand logo printed on the awning. There are ready-made awnings and custom ones, making it possible for you to get anything you want. Imagine having a green canopy while your brand colour is yellow. It makes no sense!

5. Automatic or manual

Folding arm awnings come in two main types, that is manual and automatic ones. Automated awnings are operated using a remote, and they are easier to retract or wind out. They also have motion sensors which they use to sense excess wind and retract automatically. On the other hand, manual awnings are operated using the crank, and they are more challenging when it comes to withdrawing or winding out. Also, they require more attention as they don’t have motion sensors to sense strong winds.

6. Consider quality

Quality is always essential no matter what you are buying. Melbourne market is flooded with low-quality awnings that are sold at a lower price than the usual one. When shopping doesn’t go for cheaper awnings as they may break down after a few months after installation, costing you more than you would spend if you got good quality. It’s also a good idea to go for customized awnings although they may cost you more.

Summary

There are different types of outdoor awnings in the market, and when choosing one, you should be extra careful. Get your awnings from a reputable seller to get good quality that will last.

Filed Under: Australia, NT, Perth WA, Sydney, Victoria, WA Tagged With: Business, Furniture, Smallbusiness

A Guide to Hiring The Best Web Designer in Brisbane

July 31, 2019 by Reporter Leave a Comment

web design australia

Why Do You Need a Website Developer?

If you run a business you have likely been told that you need a website. It makes sense since the Internet allows your business to reach customers it could not otherwise. However, you may not understand why you need a professional web designer to do it for you and you may wonder what does a web designer do?

A professional web designer ensures that your website makes an excellent first impression. Without that, people will arrive, take a look at your business online and immediately exit. The average quality of websites has been improving for years and people’s expectations have risen accordingly. If you cannot compete, your business will struggle.

Choosing the Right Web Designer

Before you are able to choose the right developer, find one that meets your requirements. Ask yourself the following to narrow the field.

What is Their Service Area?

When you need web designers in Brisbane, the first thing you need to check is that the company you are interested in caters to your type of business. The requirements for startups, SMEs and large organisations are completely different. They also need to demonstrate that they are familiar with the particular niche that you are occupying or they will not deliver a suitable user experience.

How Experienced are They?

Do not let yourself be fooled by a dazzling sales pitch. You need a development company that has real experience. This is shown through an extensive portfolio which needs to demonstrate an understanding of the latest trends. Another test is to check their blog. Industry leaders are not afraid to show off their knowledge and will blog about it accordingly.

How Dependable Are They?

The greatest web development company in the world is no different from the worst if they do not do the work agreed. Look for recent reviews to get a feeling for their current status. Do not forget to check what people are saying on social media while also checking more formal review spaces.

Will They Meet Face-to-Face?

Part of finding web designers in Brisbane means finding people you can actually talk to. It may seem cheap or easy to outsource overseas but there are hidden costs. Chief among them is the breakdowns in communication that inevitably occur in purely digital interactions. Face-to-face meetings are the best way to communicate your concerns and ideas while getting a feeling for the type of company you may be about to hire.

Will They Meet their Milestones?

Developing your website is not a case of requirements turning into a working product with an indeterminate time in between. There have to be milestones along the way so that you can make sure that development is staying on track. They are the best way to catch mistakes or unforeseen issues early enough that they can still be remedied. So when you are outlining the project with your development company, make sure they are willing to set clear milestones that cover as many steps of the project as possible.

Will You Get Complete Website Ownership?

This is non-negotiable. Once complete, you need to make sure that your website is truly and wholly yours. Small web design and development tasks will occur after development ends and there is no point continuing to pay someone else to do what you can. This also lets you switch developers at a later stage if necessary without having to start from the beginning. This grants a vital measure of independence and there is no substitute for it.

About The Author:

Caroline Bird is a creative writer and digital marketer. She loves sharing her perspective, tips and how-tos related to home improvement, productivity, business, and technology through her writing. Connect with Caroline via @bCarolinebird12

Filed Under: Website, Website Builder Tagged With: Business, Online Business, Online website, Websites

5 Tips for Successful Retail Fitout in Australia

July 31, 2019 by Reporter Leave a Comment

retail design

If you are just venturing into the retail sector, fitting out the shop might be one of the unexpected hurdles that you face. After you have found the right location, repaint it, and buy the display cabinets and racks, you will still need to make it visually appealing. Most building owners will encourage you to improve the building at your expense.

1. Improve the interior Design to Attract Customers

You will need a strategic approach and the right expertise to get the retail interior design right. Great signage, product placement, and visual merchandising can complement this. When you are planning your interior design, always have the customer experience in mind. For a customer, the persuasion to enter the store is the ambience and not the products. Most customers do not notice the merchandise on display. When they come into the store, the first impression is what matters.

One way to grab their attention is to install floor to ceiling wall fixtures. It will allow for the optimal placement of products while encouraging customers to linger. In the trading area, place low-line shelves to allow customers to see products, which will help increasing spending. It also increases customer visibility, which helps to lower shoplifting.

With the right layout, it will also promote signage. This can assist the flow of traffic while helping to build your brand. By analysing and understanding the customer behaviour, you will be able to design a space to guide customers through the store to where they need to be.

2. Make Use of LED Lighting

If you run a retail store, it is important to make full use of shop windows to attract customers. The windows have to be well lit and this will attract customers. The LED lighting is the best option since it helps you to save money on the energy bill. Besides that, it is quite durable and efficient. It also gives you a lot of flexibility when it comes to highlighting certain products that are in high demand. To get it right, consider speaking to a retail fitout service in Melbourne like Unita.

3. Invest in Good-Quality Air Condition

In Melbourne, summer can be quite hot. It is important that you have a good air conditioning unit to maintain a relaxing environment inside the store. Besides that, it preserves the shelf life of your products. The last thing you want is for customers to run off to a more comfortable retail store. If your store is a haven for all weather conditions, you will have more customers who want to come back to your store.

4. Provide Seating for Customers

A great addition to the store that you should consider during the retail refurbishment is seating for the customers. Giving them a place where they can rest their weary feet gives them time to look around and find the products they need. The seating will ensure that shopper take time to discover products they did not know they needed.

5. Do Not Overlook the Security

You have invested a lot of money into your retail business and it is important to protect that investment. Get a professional to install a CCTV system at the store. In case an issue arises, the authorities will have an easier time apprehending and prosecuting the culprits. It can also help to identify serial shoplifters thus helping the entire business community.

Summary

Starting a retail business is exciting but if you want to succeed, you have to do it right. These few tips should prove quite useful in getting things right. If you need expert assistance on how to get the retail fit-out right, consider talking to the experts at Unita.

Filed Under: Business, Online retailing, Retail, Shopping Tagged With: Australian, Online shops, Shop, Small Biz

5 Tips To Buy A House In Australia In A Competitive Price

July 31, 2019 by Reporter Leave a Comment

Buying a new property is a big deal. One should not take it lightly. Proper research and evaluation should be there before making the final purchase. So, tips in this regard will be pretty helpful!

When you need to find your place, you need to get all the help in the world that you can. After you have done your research, you need to know about the proper procedure of buying a property. For this, you need to know about the regulations of the country. A visit to one of the many Australian accounting and law firms is a must.

The Australian Market

The Australian market has been seeing some drop in the real estate prices since 2014. There are many reasons for this drop, and the experts say that the trend will continue in a coming couple of years too.

For a regular customer, the top spots to look for a new property is below:

clip_image002

Photo courtesy: https://www.news.com.au/finance/economy/australian-economy/housing/

These are the areas where the prices are affordable. Most of the people opt for these areas as it favors the customers. But moving to such an area will also require you to know a few things about buying a new house. Here are a few tips for you:

1. Evaluate Your Finances And Budget

You’re probably wondering how much you can borrow from the bank. Good question! Get in touch with your bank and work out a plan. Mortgages are not easy. You need to select the best possible option.

2. First Home Buyers Grant

YES. There is a first home buyer’s grant! If you and your partner haven’t ever bought a property before, there’s a good chance you are eligible to receive the First Home Owner Grant (FHOG). This scheme varies state to state, so be sure to check with your local authorities.

clip_image003

Photo courtesy: https://www.realestate.com.au

3. Research The Market

It is almost obvious. You cannot hope to move into a new place without inspecting the market. You should know about the current trends of your locality. The best way to evaluate the markets is to check the future trends of the market. What will be the value of your property after a year?

4. Use A Buyer’s Agent

A buyer’s agent can be pretty handy in this regard! He will probably help you n the negotiation process. Moreover, he will have the knowledge that you cannot simply gain by visiting the area yourself.

5. Research The Property

You should ask the following questions:

· Why is the vendor selling this property?

· Are they looking for a quick sale?

· How long has the property been on the market?

· Is the buyer willing to negotiate on the price?

· Dos the property has any known issues in the past?

Hopefully, with these tips, you are all set to start your search for a new place! Get going!

Filed Under: Property, Real Estate Tagged With: Business News Australia, Finance, Loans

Tips to Grow Your Kitchen and Bathroom Design Business

June 27, 2019 by Reporter Leave a Comment

business with bathrooms and renovation

Starting a kitchen and bathroom design business is no rocket science as there are so many who have made out there. If you are an enthusiast for interior design, it is never too late to start and become a huge brand. Here are tips on how to grow your business as a kitchen and bathroom designer.

Focus on Marketing

You might have all the right skills to deliver impeccable designs and remodelling, but you have no one to deliver to. A lot of craft persons rely on referrals to reach as many people as possible, but this does not always work since not everybody likes you and will put good work out there for you.

On the contrary, recommendations are not harmful at all but will not get you where you want to go. Start by coming up with a brand name and a simple, attractive logo that represents you. Punch in a slogan cannot hurt too. With these in place, start small according to your financial ability.

You can start with social media pages, podcasts, and blogs and grow to more prominent marketing platforms as you gain more customers and make more money. While still at marketing, move with the trend and consider setting up a website where clients can quickly look through your services and products, including making orders and giving feedback for the services received.

Increase Your Staff

As you look to grow in terms of impact in the market and amount of returns you make, consider starting the growth from the inside.

Marketing might work incredibly well for you depending on how good your strategy is but if you do not have an adequate workforce to deliver to the many clients that you got yourself, they will leave and look for a designer who delivers.

Become selfless for the greater good by spending more of the profit to add a few more skilled employees with the potential to grow too in your payroll to increase productivity and improve on service delivery. Eventually, this investment that seems to be dragging your income at the moment will pay off.

Find a Reliable Supplier

Like all other businesses, you will need people to supply to you certain products that you need to make every design you come up with a masterpiece. As part of starting the business, you will need a list of the basic things required to deliver to clients, and with these, you can start looking for the right people to do kitchen and bathroom supplies for you in Australia.

Go for someone whose competency is at the same level as yours or even higher to avoid last minute rush or delays in delivering to clients’ expectation. The ideal choice here is Argent which is a renowned brand throughout Australia and globally for stocking top-tier products at significantly reduced prices.

Make Quality a Priority

The growing might seem easy, but maintaining the trend is not guaranteed, primarily if you are known to play around with the quality of service you deliver. Everybody wants value for their money, and that is why you need not compromise with the quality of service you deliver to clients to keep them satisfied and recommend your services to others.

Connect with Colleagues

As they say, no man is an island, and when starting a kitchen and bathroom design business, you need to learn from others. It is crucial to add on some creativity in your interactions as well and give much thought into hanging out with other designers in the business.

Best way to do this is to attend exhibitions and visit any kitchen and bath showroom in town where your peers are and wear your ‘people’s person’ hat. You will be stunned by how much extra you get to learn by interacting with your competitors and confrères.

Offer other Services

Do not stick to doing new bathroom and kitchen design for clients but consider adding extra services that will allow you to reach out to more clients and get to grow your business.

Remodelling, consultation, and maintenance are some of the additional services you can bring in rather than only working with clients doing completely new projects.

With the right skill set, planning, and the spirit to learn from others and a handy guide like this, there is no reason why you should not grow to a prominent brand recognized and respected globally.

Filed Under: Business News, NT, Perth WA, Property, Real Estate, Small Business, Sydney, Victoria, WA Tagged With: Property, Review

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