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Managing projects in a remote team

By info@businessgenie.com.au / March 17, 2022 / 0 Comments

We’re living in a world where remote and hybrid working are now the norm. Driven by lockdowns and the pandemic, businesses have been forced to adopt a ‘working from home’ approach. And this ability to work remotely has driven productivity and efficiency for some companies but can create its own challenges. Designing your workflows for […]

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How Cost of Goods Sold Impact Your Profit

By info@businessgenie.com.au / March 10, 2022 / 0 Comments

Do you know how much it costs you to produce each product or service in your range? The better you can understand this cost of sales – or cost of goods sold (COGS), as it’s more commonly known – the more ability you have to control your business’s profitability. When you know your COGS, you […]

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Wellbeing in the Workplace

By info@businessgenie.com.au / March 3, 2022 / 0 Comments

Supporting and promoting health and wellbeing in the workplace is important for staff and business owners alike. Providing a physically and mentally healthy workplace is beneficial for all who work there, as it reduces staff absenteeism, increases productivity and makes the workplace more enjoyable. Yes, this means you (the employer) too. If you are an […]

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Setting goals and measuring performance

By info@businessgenie.com.au / February 24, 2022 / 0 Comments

Goals are what drive the long-term performance of your business. Agreeing on clear targets, and measuring your progress over time via key performance indicators (KPIs), helps you to understand exactly where the business is going. But how does this kind of performance management work in practice? Track your performance with KPIs Tracking your goals via […]

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Accounting basics: the profit and loss and balance sheet reports

By info@businessgenie.com.au / February 17, 2022 / 0 Comments

Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts isn’t every entrepreneur’s top skill. If you are new to company accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The profit and loss report and the […]

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How’s your work life balance?

By info@businessgenie.com.au / February 10, 2022 / 0 Comments

It’s great to be the boss – you can work any hours you like, right? Unfortunately, for many business owners, that means long hours, plenty of stress, and very few breaks and holidays. Being a business owner, you have to make many decisions. And it is hard to make decisions when the rules keep changing. […]

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