ARE WE LOSING OUR SOCIAL LICENCE?
Social licence is a bit like the equity you have in your brand. It’s hard to define, but you know when it’s gone.
Social licence is a bit like the equity you have in your brand. It’s hard to define, but you know when it’s gone.
Every business owner wants to understand the value of their business. But what does a great business look like with real enduring value? Here are five simple steps to manage and track how your accounting firm is creating future value.
Knowing the future value of your business starts with knowing more about your existing clients and future ones than you think.
You might think you know what your “ideal” client looks like but chances are that this has changed in recent years and you might be missing out on golden opportunities.
When I joined the No More Practice Transformation Series I was in search of an opportunity to take my business to the next level. Thankfully this experience paid off, not just for me but my business, my vision, my team and my clients.
Businesses talk a lot about staff or team engagement but not many do it really well.
I was sitting in a conference once and the speaker – who was a HR expert – was talking about engagement. His organisation’s research showed that the industry benchmark for staff engagement is 65 per cent.
As business owners, it’s probably a fair assumption that we all want growth. But is your business really ready for the next step?
As our players in The Transformation Series discovered, and those of you who watched at home, ineffective management or a lack of preparation can leave you, your staff and clients a little bewildered.
When you are in the trenches day to day in your business, sometimes innovation is way down the list. It’s not that you don’t want to be innovative; it’s just that running the day to day of what you do is demanding and leaves little time for creativity.
Leadership is a vital part of delivering a strong structure and growth to your business; and to some extent, it’s a quality you’re born with. But it can also be learned through the knowledge and experience you gather along the journey.
Anyone who is running a business knows that it takes effort, dedication, talent and hard work. Most of the time we are running so hard day to day, it becomes hard to step back and assess what could make your business even better. Sometimes, just identifying your weaknesses and strengthening them can make all the difference to your bottom line.
We’ve all heard it before, change is a constant.
In an organic business environment like ours, how do you make sure you can continue to run your business successfully; while at the same time being aware of what is changing in the industry in order to identify potential threats or opportunities?
No More Practice Education Pty Ltd
Level 1, 10 Shelley Street, Sydney NSW 2000