Author: Ewen Fletcher
- Sharpen Your Numbers – FAQ: There is not a lot of money in bank, what am I doing wrong in my business?If you’re seeing a low bank balance, it might not be about what you’re doing wrong but where your money is tied up. In this video, Ewen shares tips on assessing your sales, accounts receivable, stock levels, and accounts payable. Discover how these factors impact your cash flow and what you can do to improve…
- Seven Keys to Running a Successful Self Storage Business in 2024In Ewen’s latest self storage industry video, discover the essential strategies for running a successful self storage business in 2024. Learn about: Customer Service: How to exceed expectations and encourage referrals.Gathering Feedback: The importance of reviews and testimonials.Site Selection: Choosing the right location based on demographics.Expense Control: Identifying and managing essential vs. non-essential costs.Site Security:…
- Six Powerful Reasons to Monitor Your Financial ReportsRegularly reviewing your financial reports is crucial for any business owner aiming for growth and success. If you’re not doing this—whether due to a busy schedule or because the reports seem confusing—it’s time to start. Here are six compelling reasons you should monitor your financials reports regularly. Which Financial Reports Should You Review? Before diving…
- Conducting Feasibility Studies for Self Storage: Key Insights on Supply and DemandIn his latest self storage industry video, Ewen dives into the crucial aspects of feasibility studies, focusing on supply and demand. Evaluating the competition is essential if you’ve found a promising site with the right land price and rental rates. Learn how to analyse both established and new competitors, assess their occupancy rates, and understand…
- Navigating the Self Storage Industry: Current Trends, Opportunities, and Evolving DemandEwen highlights current trends and opportunities in this latest self storage industry update. While demand for new developments has slowed and existing storage needs have decreased, several factors drive ongoing demand. These include the increased need for storage due to moves or downsizing, the rise of remote work leading to home office renovations, ongoing home…
- Overcoming Five Common Business Challenges: Strategies for SuccessStarting and growing a small business can be incredibly rewarding but challenging. Preparing for common challenges and knowing how to tackle them can make your journey smoother and more successful. Five Proactive Ways to Overcome Common Business Challenges Every small business faces unique obstacles, but certain challenges are universally common. Here’s how to address five…
- Key Ways to Access Business FundingStarting a new business or expanding an existing one often requires substantial funding. Securing the right finance at each stage of your business journey is crucial for success. But where can you find the necessary funds? Five Ways to Access the Right Funding Here are five key funding options to consider: 1: Bank Loans and…
- Beware of Fake Invoice Scams Targeting BusinessesIn this short video, Ewen shares how many business owners receive fraudulent emails with invoices from familiar suppliers they don’t actually use. These scams often come from well-known names like Australia Post or utility companies, but they include red flags such as overdue invoices, urgent payment demands, and threats of legal action. If you receive…
- Quarterly Super Payment DeadlinesQuarter Period Payment Due 1 1 July – 30 September 28 October 2 1 October – 31 December 28 January 3 1 January – 31 March 28 April 4 1 April – 30 June 28 July Key Points Clearing Houses Missed Payments Additional Compliance Given the ATO’s increased audit activity, timely compliance is more critical…
- Selling Your Business and Moving On – What Happens Next?Once you’ve sold your business and received the proceeds, you’re faced with a big question: What happens next? After guiding the helm of your company, it will be tough to let go after selling your business. But if the circumstances are right, there’s no reason why exiting the business should be a sad occasion. You’ve…
- Why All Businesses Need to Plan for SuccessionImagine if you were suddenly unable to run your business tomorrow. How smoothly would things continue for your operations and those who depend on them? We share why a business succession plan is important to your overall business strategy. Securing Your Business’s Future Succession planning isn’t just about retirement. In the event of an unforeseen…
- Beware of Business Name Renewal Scams!In this short video Ewen shares a crucial warning for business owners about misleading business name renewal notices. Many companies are pretending to be the government and sending out renewal notices months in advance, with exorbitant fees attached. Learn how to identify genuine notices from ASIC and avoid falling victim to these scams. If you’re…