David and Barbara Simon are directors of one of Lockyer Valley’s medium-sized vegetable growing businesses who say, “OBT listen to how we want to steer the business. It’s good that they’re interested in us and in how we’re going.” Read why.
Business succession – in your sights, or in the too hard basket?
Business owners failing to recognise the value of an exit strategy puts the future of small business at risk! More than two million small businesses employ around 60 per cent of Australia’s total workforce. However evidence suggests that most business owners are under-prepared to deal properly… Read More >>
How to beat the cash flow crunch
OBT recently advised a wholesale and retail business that was experiencing large fluctuations in its sales, profits and cash flow. The business supplies goods to mining and rural businesses and is required to carry large stock holdings and significant credit accounts. Heavy rains also caused damage… Read More >>
OBT’s measures to improve the probability that your business succeeds in tough times
For business owners, running a successful business is often challenging enough. But for many, succeeding in business in the current tough times has become a real nightmare. However, there is good news: you can implement simple measures to improve the probability that your business succeeds even in… Read More >>
Why your survival means evolving your business!
It’s been some time since you started your business. Many business owners have mixed emotions as they experience the highs and lows of owning and running a small business. Very few small business owners take the time to sit back and analyse the changes taking place in their… Read More >>
How YOU can beat the odds of surviving in business
Reality Check! Government statistics provide a stark insight to business failures! With a report of somewhere between 50-75% of businesses failing within 3-5 years of their commencement. Beat the odds! Having a business plan increases the odds of your business succeeding from a 1-in-3 chance of survival to 4-in-5. Preparing… Read More >>
How are you managing your business risks?
There are many sources of business risk. When starting your business it is important you understand there are certain risk events you can control and other events you can’t. Changes in government legislation or adverse weather conditions (drought, flood, cyclone, etc.) are examples of risk events outside your… Read More >>
In the wake of QLD floods, are you planning for and maximising business resilience?
The estimated cost of repair and recovery work relating to the 2013 floods in Queensland will total more than $2.5 billion. Most of that money will go towards rebuilding local government infrastructure and repairing state-controlled roads, according to the Queensland state government. Since 2009, natural… Read More >>
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