Archive for the ‘Business News Perth’ Category

The Major Obstacles To Financial Freedom & How To Overcome Them [Special Offer Inside]

Wednesday, July 26th, 2017

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Financial freedom means a lot to most of us. For some, it means having lots of money and a huge bank account. It is true that accumulating wealth and having tons of money is not the only answer to an unhappy life, but we can’t deny the fact that money plays a huge role in life. The choices that wealth gives you is what can change your life in amazing ways.

What is financial freedom? Financial freedom is the freedom given to you when it comes to choosing whether you work or not. It is also the freedom to choose who you want to work with, freedom to chose working anywhere you want, freedom to spend time with your kids and send them to schools without worrying financially.

Financial freedom is much bigger than a large bank account. You can work to build and maintain the freedom to live the lifestyle you want.

To become financially independent, the most common and most effective way is by investing on your education. Educate yourself by reading books or attending workshops. You also need to have the desire – you must develop a burning desire to be there at your goal.

Keep in mind that the road to financial freedom is not always easy. There are a number of obstacles you need to face. What are these obstacles? Read this article to find out what are those and know how to overcome them.

Read the full article here: http://www.briantracy.com/blog/financial-success/financial-freedom-obstacles

Borrowing Money

Thursday, June 1st, 2017

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Borrowing money is so easy to do these days, whether you want to use it to start a new business or whatever reason you have. Unlike those days when borrowing money was tough, today, everyone wants to lend you money. Banks, finance companies, credit cards, cooperatives, pawn shops – these organisations send in pamphlets, flyers, letters, e-mails and even pre-approved loans with attached cheques to you, all want to lend you money.

Borrowing money is so easy that the only thing required is to be a living man breathing. In fact, Even people with bad credit report or are in the ‘black-list’ can still borrow money. But before you take up the offer, you should ask yourself first instead of grabbing it because it is there.

Well, there are so many things we can do with money. But if you are one of those guys who want to create a better financial life, you should not be quickly taking up every offer from lenders you meet. Firstly, you are not going to borrow the money just so that you can blow it on some gadgets, toys, or spend for a vacation. You can borrow money but make sure to invest it or spend it wisely.

You are going to borrow only when you can generate more money with it. In other words, you borrow only when the return from the investment you are going to make is higher than the interest charged for the loan. Continue reading at: https://www.moneysmart.gov.au/life-events-and-you/indigenous/borrowing-money

Financial management

Thursday, February 9th, 2017

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Many people thought that starting a business is an easy job. Many people think that they are ready to go especially with a product or service to sell and enough knowledge to market it properly. Starting a business, however, takes more than just products or services and simple knowledge. It takes much more if you want to make your business grow.

At the early stages of any kind of business, business owners and managers are faced with financial matters that require financial decisions. Questions such as what assets to invest in and where to get the cash needed for such investments would require financial know-how.

Once you have managed to get started, you have to manage daily finances and make long-term financial decisions. All of this definitely requires more than just a little knowledge in business. It requires knowledge in an entirely different area, which is the field of financial management.

What is financial management? It is defined as the process of planning financial decisions with the ultimate goal of maximizing the stockholders’ wealth. In the world of finance, financial management is also known by other names like corporate finance, business finance, and managerial finance.

If you want to learn more about financial management, you may read this post from Small Business Development Corporation Official Website: https://www.smallbusiness.wa.gov.au/business-advice/financial-management

The Complete Starters Guide To Tumblr Marketing

Thursday, August 25th, 2016

By now, many are already aware of marketing advantages of social media platforms such as Facebook, Twitter, Instagram, and other popular social networking sites, as well as some of the major blogging platforms. If you are looking for ways to thrive your business, then you should study and become well-versed in the world of social networking and blogging.

While both social media marketing and blog marketing can bring success to your business, the markets for these social networking giants can often feel overcrowded. Another platform has slowly been emerging among a younger crowd with the intention of taking its place among the giants as a hybrid, part-blogging platform, part-social networking tool. That platform is Tumblr.

Posting videos, photos, and short musings (just like in Twitter) are easier with Tumblr. It also comes with a feature known as “reblogging,” which makes for extended conversations and discussions. What you post on Tumblr is essentially up to you, as its whole reason for existence is to promote a collage-like platform full of things that are of interest to you.

The success or failure of any Tumblr marketing relies in the quality of content you are sharing and the amount of time you are willing to put into making this work as part of your social media strategy. With so many ways to use Tumblr, some companies may find it difficult developing a centralized focus.

What makes Tumblr a trendy blogging site and an excellent marketing tool is that it has easy customisable interface and ease of posting.

To learn the starters guide to Tumblr Marketing, click here: http://www.socialmediatoday.com/social-networks/complete-starters-guide-tumblr-marketing

Definition — Small Business Insurance

Thursday, May 12th, 2016

Running a business involves a lot of risks. If there’s one thing every business owner knows, it’s the fact that there’s nothing certain and it’s important to reduce risk to the very minimum. For instance, a store can set on fire due to a single spark; a simple slip can lead to a long and expensive law suit; and you can wake up the next day and your corporate car is not on its parking slot.

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A huge number of entrepreneurs in Australia fall into the trap of not getting the appropriate business insurance coverage. Applying for business insurance is important to ensure your business against possible risks. Commercial business insurance should be your failsafe which means your business cover should be something that encompasses all possible scenarios.

Knowing the right business insurance is vital. The first step in determining the right business insurance for your enterprise is conducting a thorough audit of your entire business operations from start to finish. It is best to discuss with your managers and employees to ensure that you don’t miss anything because as the owner, there’s a high probability that you may not be aware of everything that is happening in your daily business operations.

To learn the fundamentals of business insurance, read this article from Entrepreneur: https://www.entrepreneur.com/encyclopedia/insurance

Is blogging really a business?

Monday, August 17th, 2015

Many people love blogging. Blogging is something that people do when they right down their thoughts, ideas, opinions and intentions into posts that you publish online. In other words, blogging is the process of compiling a digital journal of thoughts and ideas that can be valued both at a personal level and from a business marketing/advertising perspective.

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Blogging veteran Nikki Parkinson of Styling

There are numerous ways of writing your articles at a personal level. Depending on how much content you have and want to publish them in the cyber space, the range of ideas and purposes for publishing are so many.

On the other hand, blogging for your business should be separated from personal blogs because their purpose is quite different and hence each blog have a more defined purpose. Business blogging is not about for friendly interchange of ideas, events and methods of communicating your thoughts. Instead, business blogging is about communicating to the business community, offering content or products for money.

Blogging for business purposes has proven to be an innovative and productive way to earn money by promoting your brand through blogs.

In an article published by Kate Jones at WA Today, many Australian fashion bloggers have turned their hobby as their way of earning big bucks. Read the full article here: http://www.watoday.com.au/small-business/entrepreneur/is-blogging-really-a-business-20150804-girqtg.html