The document outlines 16 facts and trends that business owners, managers, and stakeholders should be aware of:
1. Business is inherently risky, with over 40% of existing businesses and 52% of new businesses closing between 2008-2011.
2. Many Australian businesses earn very little, with 29% earning less than $50,000 annually and only 1.1% earning over $1 million.
3. Australian businesses are exhibiting recessionary behaviors like plummeting revenues and soaring insolvencies, with a 48% increase in small business failures in 2011 alone.
The document argues that developing mastery of 21 key business competencies can help businesses grow independently of economic conditions. These competencies
The document outlines 16 dangerous facts and trends for small- and medium-sized businesses in Australia to be aware of. Some key points include: 1) Over 1 million Australian businesses closed between 2007-2011, with new businesses having a 52% chance of closing within 3 years; 2) 29% of Australian businesses earn less than $50,000 annually, below the average wage; 3) Only 1.1% of businesses earn over $1 million annually. Revenues are shrinking faster for small-medium businesses than large businesses, and business owners are deeply pessimistic about the economy. The global trends also present challenges, such as the rise of internet and connectivity changing business models worldwide.
The company has 11 months of operating expenses covered by its current backlog but needs an additional $920,000 in gross profit to cover financing costs and achieve its $250,000 profit goal for 2012. Construction employment in the company's state rose over 6% in 2011, suggesting increased demand. The company forecasts a profitable first quarter of $53,000 based on current backlog but will need to win more contracts to sustain profitability through the year.
The document provides an outline and details about the Fortune 500 list. It discusses what the Fortune 500 is, who founded Fortune Magazine, and the four main ranking factors (sales growth, assets, earnings, and capitalization). It then lists the top ten companies in 2013, including Walmart at #1, ExxonMobil at #2, and Chevron at #3. For each top company, it provides the CEO name, headquarters location, brief background on the company's performance in 2012-2013, and revenues and profits for the fiscal year.
Georgia ranks ninth among states for Fortune 500 headquarters locations according to a 2014 Fortune magazine issue. Seventeen companies are headquartered in Georgia on the Fortune 500 list, with 31 on the Fortune 1000 list. Approximately 85% of these companies increased revenue from the previous year. Atlanta ranks third among cities for Fortune 500 headquarters concentration. In recent years, three companies have moved their global headquarters to metro Atlanta from other states. Georgia continues to add more Fortune 500 and Fortune 1000 headquarters locations.
This document is an article from the San Fernando Valley Business Journal that discusses several topics:
1) It reports on two publicly traded companies in Westlake Village - homebuilder Ryland Group and biotech company Kythera BioPharmaceuticals - being acquired within a week of each other by other Southern California companies. While this has led to concerns from economic development officials, the region continues to attract new corporate headquarters.
2) It also examines how the stock prices of some large publicly traded companies headquartered in the San Fernando Valley region have performed in the economic recovery, with Walt Disney Co. and Amgen seeing strong gains while others like MannKind have declined.
3) The article provides an overview of
Reshoring Should Inspire Favorable State Tax PolicyBrian Strahle
This document discusses how states can encourage companies to reshore manufacturing jobs back to the US through favorable tax policies. It argues that states are already well positioned with policies like single-sales-factor apportionment that incentivize manufacturers to locate operations in-state. However, states could further encourage reshoring by repealing throwback rules, avoiding worldwide combined reporting, providing workforce training incentives, and offering tax exemptions and credits for job creation. The author contends that states should see reshoring not as competition but as an opportunity to rebuild communities and diversify local economies versus foreign countries.
The document summarizes key findings from a business confidence survey conducted in Humboldt County, California. Businesses expressed moderate to high confidence in their own performance but were less confident about the county's overall economy. Export-oriented businesses anticipated growth and increasing wages while locally-oriented businesses expected steady wages with no growth. The unemployment rate had dropped significantly from previous years but businesses still faced challenges finding qualified workers and issues with transportation infrastructure. Overall the data suggested continued job growth, especially in exporting sectors, but barriers around workforce, land, and leadership could hamper further improvement.
The document outlines 16 dangerous facts and trends for small- and medium-sized businesses in Australia to be aware of. Some key points include: 1) Over 1 million Australian businesses closed between 2007-2011, with new businesses having a 52% chance of closing within 3 years; 2) 29% of Australian businesses earn less than $50,000 annually, below the average wage; 3) Only 1.1% of businesses earn over $1 million annually. Revenues are shrinking faster for small-medium businesses than large businesses, and business owners are deeply pessimistic about the economy. The global trends also present challenges, such as the rise of internet and connectivity changing business models worldwide.
The company has 11 months of operating expenses covered by its current backlog but needs an additional $920,000 in gross profit to cover financing costs and achieve its $250,000 profit goal for 2012. Construction employment in the company's state rose over 6% in 2011, suggesting increased demand. The company forecasts a profitable first quarter of $53,000 based on current backlog but will need to win more contracts to sustain profitability through the year.
The document provides an outline and details about the Fortune 500 list. It discusses what the Fortune 500 is, who founded Fortune Magazine, and the four main ranking factors (sales growth, assets, earnings, and capitalization). It then lists the top ten companies in 2013, including Walmart at #1, ExxonMobil at #2, and Chevron at #3. For each top company, it provides the CEO name, headquarters location, brief background on the company's performance in 2012-2013, and revenues and profits for the fiscal year.
Georgia ranks ninth among states for Fortune 500 headquarters locations according to a 2014 Fortune magazine issue. Seventeen companies are headquartered in Georgia on the Fortune 500 list, with 31 on the Fortune 1000 list. Approximately 85% of these companies increased revenue from the previous year. Atlanta ranks third among cities for Fortune 500 headquarters concentration. In recent years, three companies have moved their global headquarters to metro Atlanta from other states. Georgia continues to add more Fortune 500 and Fortune 1000 headquarters locations.
This document is an article from the San Fernando Valley Business Journal that discusses several topics:
1) It reports on two publicly traded companies in Westlake Village - homebuilder Ryland Group and biotech company Kythera BioPharmaceuticals - being acquired within a week of each other by other Southern California companies. While this has led to concerns from economic development officials, the region continues to attract new corporate headquarters.
2) It also examines how the stock prices of some large publicly traded companies headquartered in the San Fernando Valley region have performed in the economic recovery, with Walt Disney Co. and Amgen seeing strong gains while others like MannKind have declined.
3) The article provides an overview of
Reshoring Should Inspire Favorable State Tax PolicyBrian Strahle
This document discusses how states can encourage companies to reshore manufacturing jobs back to the US through favorable tax policies. It argues that states are already well positioned with policies like single-sales-factor apportionment that incentivize manufacturers to locate operations in-state. However, states could further encourage reshoring by repealing throwback rules, avoiding worldwide combined reporting, providing workforce training incentives, and offering tax exemptions and credits for job creation. The author contends that states should see reshoring not as competition but as an opportunity to rebuild communities and diversify local economies versus foreign countries.
The document summarizes key findings from a business confidence survey conducted in Humboldt County, California. Businesses expressed moderate to high confidence in their own performance but were less confident about the county's overall economy. Export-oriented businesses anticipated growth and increasing wages while locally-oriented businesses expected steady wages with no growth. The unemployment rate had dropped significantly from previous years but businesses still faced challenges finding qualified workers and issues with transportation infrastructure. Overall the data suggested continued job growth, especially in exporting sectors, but barriers around workforce, land, and leadership could hamper further improvement.
The document discusses three ways to improve the declining state of manufacturing in the United States: 1) Restructuring corporate tax policies to incentivize manufacturers to stay in the U.S. by eliminating tax deferrals and implementing an alternative minimum tax, 2) Increasing funding for programs that support small and medium manufacturers through initiatives like the Manufacturing Extension Partnership, and 3) Expanding worker training programs through apprenticeships and tax credits for employer training to develop skilled workers for manufacturing jobs. The decline of American manufacturing will continue without changes to policies that have encouraged offshoring of production.
This report analyzes and compares Green Mountain Coffee Roasters and Starbucks to make an investment recommendation of $40 million. Through financial analysis, it is determined that Starbucks has stronger financial performance and stability. An evaluation of industry trends finds that while both companies are growing, Starbucks is expanding globally and diversifying its product offerings. The marketing strategies of the two companies are also different, with Starbucks focusing on international growth and social media while Green Mountain emphasizes partnerships and the Keurig product. Based on the research, the report recommends a 60/40 split of the $40 million investment between Starbucks and Green Mountain.
This document discusses a study analyzing whether mid-sized consulting and engineering firms are poised for demise as some analysts have suggested. The study analyzed data from Engineering News-Record's Top 500 Design Firms lists going back to the 1970s. It found that mid-sized firms with revenues between $17-113 million maintained or increased their market share and numbers over time. Specifically, mid-sized firms in transportation remained constant, while those in general building increased by 11.6% over the years. This suggests mid-sized firms have more resilience than expected and can thrive without needing to grow into large firms or be acquired. The study challenges the view that mid-sized firms cannot survive long-term.
This document discusses corporate welfare and strategies for reform. It begins with a brief history of corporate subsidies from the railroad era to modern programs created in response to unemployment. It then defines and provides examples of different types of corporate welfare programs and estimates their large costs. It discusses arguments for and against corporate welfare and whether these programs achieve their goals of job creation. The document examines failed reform attempts and barriers to reform at both the federal and state/local levels. It concludes by comparing more transparent legislation in Minnesota to less transparent programs in Florida that are exempt from open records laws.
JLL Cleveland Office Employment Update February 2015Andrew Batson
Office-using employment sectors have experienced modest employment expansion over the last year, recording an annualized net gain of 2,900 jobs across the metro. Employment gains were led by the professional and business services sector, which added 4,700 jobs year-over-year.
This document provides an analysis of Westlake Chemical Corporation's (WLK) financial statements and competitive positioning. It finds that WLK has a strong balance sheet with low debt, ample cash flow, and consistent earnings growth. Management owns a large stake in the company and has pursued a strategy of strategic acquisitions and capital efficiency. While economic growth overseas has been sluggish, the chemical industry and WLK are positioned well to benefit from growth in key end markets in North America due to low interest rates and commodity prices. The document provides adjustments to WLK's financial statements to reflect a more accurate picture of its financial health and performance.
This document analyzes Starbucks and provides an overview of the company, its financials, and a recommendation. It summarizes that Starbucks has grown steadily in recent years but growth slowed in 2016. Financial ratios like ROE are positive but current ratio is low. The document recommends holding the stock if the US economy continues to improve since Starbucks is still expanding globally, but risks remain if the US economy declines as Starbucks products are considered luxury goods.
The document discusses various topics covered in the March issue of the journal "Inside Enterprise", including entrepreneurship, interviews with business leaders, and articles exploring social entrepreneurship. It provides an overview of the different sections in the issue, thanks contributors and readers, and invites others to get involved by writing for the publication or attending upcoming events.
Office-using employment sectors have experienced sustained employment expansion over the last year, recording an annualized net gain of 3,100 jobs across the metro. Employment gains were led by the professional and business services sector, which added 1,500 jobs year-over-year.
Lincoln Financial Group had an excellent financial performance in 2005. Some key highlights included record gross deposits of $40 billion, aggregate net flows of $20.2 billion, and net income of $831 million. Lincoln also announced a merger with Jefferson-Pilot Financial that would create a larger company with a more balanced portfolio and distribution capabilities across multiple products. Looking ahead, Lincoln expects continued growth opportunities from the retirement revolution, an expanded distribution network and advisor force, and new business ventures resulting from the merger with Jefferson-Pilot.
5 most expensive mistakes companies make when trying to grow their company.ikealu7
5 most expensive mistakes companies make when trying to grow their company. Includes relavant information on the economy, business, and consulting in the Project Management Space.
The document provides an overview of key issues and trends in the Australian equipment finance market based on a survey of 869 businesses. It discusses four main topics:
1) The economic update notes that while mining and construction are growing, non-mining business investment is mixed with soft demand. The federal budget's small business package may boost confidence.
2) Workplace safety is highlighted as a key consideration in equipment purchasing, as modern assets can reduce injuries and costs. Fewer accidents positively impact cash flow and productivity.
3) When considering new brands, businesses are advised to thoroughly evaluate quality, lifetime, costs and service, rather than just purchase price. Hiring experts can aid due diligence on new entrants
GT Industry Intelligence Unit - Retail 2012 AustraliaGrant Thornton
The retail industry in Australia saw increases in sales in May and June 2012, with sales rising 0.8% in May and 1.0% in June, the highest increase in over two years. However, analysts are only forecasting flat growth over the next 12 months given ongoing economic uncertainties from issues like the carbon tax and European debt crisis. Several large retail chains also announced store closure programs. The results show the retail market remains cautious but any acquisitions could provide opportunities for growth. Customer service and experience will be key for retailers to succeed in this environment.
Tony guys is an american based hair salonEmaad Qureshi
Tony and Guys is a leading hair salon in the United States that offers beauty products from brands like TIGI. As the company plans to heavily invest in infrastructure and equipment, it must effectively use investment appraisal techniques to control both direct and indirect costs. Techniques like net present value and payback period can help evaluate investments and determine if projects will be profitable. Financial statements also need to be analyzed to assess the company's performance over time and ensure revenues and profits continue increasing.
This document discusses the challenges facing small business owners and provides potential solutions. It notes that the top problems are not having enough time and money. While time cannot be created, more income can help by allowing businesses to hire help and grow. It then discusses common challenges like poor cash management and general management that can lead businesses to fail. The document suggests finding strategic partners through joint ventures as a way to help address these challenges and increase income without having to personally sell or find new clients.
WIG - June 2014 Annual Financial ReportBrad Sheahon
This document provides a summary of Wilson HTM Investment Group's performance and operations for the 2009 financial year. Some key points:
- NPAT was $2.2 million compared to $12 million in the previous year, impacted by losses on principal investments. Excluding these, established businesses reported NPAT of $7.4 million.
- Funds under management grew 21% to $6.4 billion, driven by net inflows to Pinnacle boutiques and the Next Financial acquisition.
- Capital markets revenue declined 41% to $51.7 million and profit before tax fell 80% to $2.5 million, due to lower transaction volumes in a difficult market.
- Investment management revenue fell 8
This report provides an analysis of Australian Vintage Ltd over a four year period. It shows that the company's net profits have risen each year through strategies like increasing exports. Australian Vintage also maintains strong liquidity with a current ratio well above 2:1. While its gearing ratio has increased some, recent capital raising has lowered risk and lenders remain supportive. The report evaluates the company's financial position and risks to determine if it represents a sound investment.
This report highlights the state of small businesses around the globe, covering countries like United States, India, Malaysia, Singapore, Australia, Germany, New Zealand, South Africa, Brazil, Colombia, Netherlands and many more. It could give a global perspective of the importance of Small and Medium Enterprises for the world economy, and good examples like Singapore and Dubai, UAE have created a well-defined ecosystem to support this economic group.
The document discusses right-sizing the U.S. venture capital industry. It argues that the industry is currently too large given poor returns in recent years. The size of the industry grew rapidly in the late 1990s, but performance has stagnated since. Returns have failed to exceed public market indices over 5 and 10 year periods. Additionally, the core information technology sector that drove past success is now mature with lower capital needs. For the industry to improve returns, its size likely needs to shrink through reduced commitments from limited partners.
Q1 2012 venture capital activity report cb insights final-40kenwood
Venture capital activity in healthcare saw a decline in Q1 2012, with funding hitting a five-quarter low of $1.4 billion across 153 deals. This represented a drop from the strongest quarter of funding over the previous five quarters. California and Massachusetts remained the top states for healthcare deals and funding, combining for 46% of deals and 61% of dollars. Seed deals doubled their share compared to Q4 2011, though overall early-stage funding dipped as Series A deals declined. Medical devices, pharmaceuticals, and biotechnology dominated deal activity.
The document discusses three ways to improve the declining state of manufacturing in the United States: 1) Restructuring corporate tax policies to incentivize manufacturers to stay in the U.S. by eliminating tax deferrals and implementing an alternative minimum tax, 2) Increasing funding for programs that support small and medium manufacturers through initiatives like the Manufacturing Extension Partnership, and 3) Expanding worker training programs through apprenticeships and tax credits for employer training to develop skilled workers for manufacturing jobs. The decline of American manufacturing will continue without changes to policies that have encouraged offshoring of production.
This report analyzes and compares Green Mountain Coffee Roasters and Starbucks to make an investment recommendation of $40 million. Through financial analysis, it is determined that Starbucks has stronger financial performance and stability. An evaluation of industry trends finds that while both companies are growing, Starbucks is expanding globally and diversifying its product offerings. The marketing strategies of the two companies are also different, with Starbucks focusing on international growth and social media while Green Mountain emphasizes partnerships and the Keurig product. Based on the research, the report recommends a 60/40 split of the $40 million investment between Starbucks and Green Mountain.
This document discusses a study analyzing whether mid-sized consulting and engineering firms are poised for demise as some analysts have suggested. The study analyzed data from Engineering News-Record's Top 500 Design Firms lists going back to the 1970s. It found that mid-sized firms with revenues between $17-113 million maintained or increased their market share and numbers over time. Specifically, mid-sized firms in transportation remained constant, while those in general building increased by 11.6% over the years. This suggests mid-sized firms have more resilience than expected and can thrive without needing to grow into large firms or be acquired. The study challenges the view that mid-sized firms cannot survive long-term.
This document discusses corporate welfare and strategies for reform. It begins with a brief history of corporate subsidies from the railroad era to modern programs created in response to unemployment. It then defines and provides examples of different types of corporate welfare programs and estimates their large costs. It discusses arguments for and against corporate welfare and whether these programs achieve their goals of job creation. The document examines failed reform attempts and barriers to reform at both the federal and state/local levels. It concludes by comparing more transparent legislation in Minnesota to less transparent programs in Florida that are exempt from open records laws.
JLL Cleveland Office Employment Update February 2015Andrew Batson
Office-using employment sectors have experienced modest employment expansion over the last year, recording an annualized net gain of 2,900 jobs across the metro. Employment gains were led by the professional and business services sector, which added 4,700 jobs year-over-year.
This document provides an analysis of Westlake Chemical Corporation's (WLK) financial statements and competitive positioning. It finds that WLK has a strong balance sheet with low debt, ample cash flow, and consistent earnings growth. Management owns a large stake in the company and has pursued a strategy of strategic acquisitions and capital efficiency. While economic growth overseas has been sluggish, the chemical industry and WLK are positioned well to benefit from growth in key end markets in North America due to low interest rates and commodity prices. The document provides adjustments to WLK's financial statements to reflect a more accurate picture of its financial health and performance.
This document analyzes Starbucks and provides an overview of the company, its financials, and a recommendation. It summarizes that Starbucks has grown steadily in recent years but growth slowed in 2016. Financial ratios like ROE are positive but current ratio is low. The document recommends holding the stock if the US economy continues to improve since Starbucks is still expanding globally, but risks remain if the US economy declines as Starbucks products are considered luxury goods.
The document discusses various topics covered in the March issue of the journal "Inside Enterprise", including entrepreneurship, interviews with business leaders, and articles exploring social entrepreneurship. It provides an overview of the different sections in the issue, thanks contributors and readers, and invites others to get involved by writing for the publication or attending upcoming events.
Office-using employment sectors have experienced sustained employment expansion over the last year, recording an annualized net gain of 3,100 jobs across the metro. Employment gains were led by the professional and business services sector, which added 1,500 jobs year-over-year.
Lincoln Financial Group had an excellent financial performance in 2005. Some key highlights included record gross deposits of $40 billion, aggregate net flows of $20.2 billion, and net income of $831 million. Lincoln also announced a merger with Jefferson-Pilot Financial that would create a larger company with a more balanced portfolio and distribution capabilities across multiple products. Looking ahead, Lincoln expects continued growth opportunities from the retirement revolution, an expanded distribution network and advisor force, and new business ventures resulting from the merger with Jefferson-Pilot.
5 most expensive mistakes companies make when trying to grow their company.ikealu7
5 most expensive mistakes companies make when trying to grow their company. Includes relavant information on the economy, business, and consulting in the Project Management Space.
The document provides an overview of key issues and trends in the Australian equipment finance market based on a survey of 869 businesses. It discusses four main topics:
1) The economic update notes that while mining and construction are growing, non-mining business investment is mixed with soft demand. The federal budget's small business package may boost confidence.
2) Workplace safety is highlighted as a key consideration in equipment purchasing, as modern assets can reduce injuries and costs. Fewer accidents positively impact cash flow and productivity.
3) When considering new brands, businesses are advised to thoroughly evaluate quality, lifetime, costs and service, rather than just purchase price. Hiring experts can aid due diligence on new entrants
GT Industry Intelligence Unit - Retail 2012 AustraliaGrant Thornton
The retail industry in Australia saw increases in sales in May and June 2012, with sales rising 0.8% in May and 1.0% in June, the highest increase in over two years. However, analysts are only forecasting flat growth over the next 12 months given ongoing economic uncertainties from issues like the carbon tax and European debt crisis. Several large retail chains also announced store closure programs. The results show the retail market remains cautious but any acquisitions could provide opportunities for growth. Customer service and experience will be key for retailers to succeed in this environment.
Tony guys is an american based hair salonEmaad Qureshi
Tony and Guys is a leading hair salon in the United States that offers beauty products from brands like TIGI. As the company plans to heavily invest in infrastructure and equipment, it must effectively use investment appraisal techniques to control both direct and indirect costs. Techniques like net present value and payback period can help evaluate investments and determine if projects will be profitable. Financial statements also need to be analyzed to assess the company's performance over time and ensure revenues and profits continue increasing.
This document discusses the challenges facing small business owners and provides potential solutions. It notes that the top problems are not having enough time and money. While time cannot be created, more income can help by allowing businesses to hire help and grow. It then discusses common challenges like poor cash management and general management that can lead businesses to fail. The document suggests finding strategic partners through joint ventures as a way to help address these challenges and increase income without having to personally sell or find new clients.
WIG - June 2014 Annual Financial ReportBrad Sheahon
This document provides a summary of Wilson HTM Investment Group's performance and operations for the 2009 financial year. Some key points:
- NPAT was $2.2 million compared to $12 million in the previous year, impacted by losses on principal investments. Excluding these, established businesses reported NPAT of $7.4 million.
- Funds under management grew 21% to $6.4 billion, driven by net inflows to Pinnacle boutiques and the Next Financial acquisition.
- Capital markets revenue declined 41% to $51.7 million and profit before tax fell 80% to $2.5 million, due to lower transaction volumes in a difficult market.
- Investment management revenue fell 8
This report provides an analysis of Australian Vintage Ltd over a four year period. It shows that the company's net profits have risen each year through strategies like increasing exports. Australian Vintage also maintains strong liquidity with a current ratio well above 2:1. While its gearing ratio has increased some, recent capital raising has lowered risk and lenders remain supportive. The report evaluates the company's financial position and risks to determine if it represents a sound investment.
This report highlights the state of small businesses around the globe, covering countries like United States, India, Malaysia, Singapore, Australia, Germany, New Zealand, South Africa, Brazil, Colombia, Netherlands and many more. It could give a global perspective of the importance of Small and Medium Enterprises for the world economy, and good examples like Singapore and Dubai, UAE have created a well-defined ecosystem to support this economic group.
The document discusses right-sizing the U.S. venture capital industry. It argues that the industry is currently too large given poor returns in recent years. The size of the industry grew rapidly in the late 1990s, but performance has stagnated since. Returns have failed to exceed public market indices over 5 and 10 year periods. Additionally, the core information technology sector that drove past success is now mature with lower capital needs. For the industry to improve returns, its size likely needs to shrink through reduced commitments from limited partners.
Q1 2012 venture capital activity report cb insights final-40kenwood
Venture capital activity in healthcare saw a decline in Q1 2012, with funding hitting a five-quarter low of $1.4 billion across 153 deals. This represented a drop from the strongest quarter of funding over the previous five quarters. California and Massachusetts remained the top states for healthcare deals and funding, combining for 46% of deals and 61% of dollars. Seed deals doubled their share compared to Q4 2011, though overall early-stage funding dipped as Series A deals declined. Medical devices, pharmaceuticals, and biotechnology dominated deal activity.
The document summarizes the annual Brand Finance Nation Brands report. Some key findings:
- The US remains the most valuable nation brand, though its value increased only slightly due to economic challenges in commodity-exporting nations. China's brand value also increased slightly.
- Nation brands of commodity exporters like Australia, Canada, and Brazil decreased significantly due to falling commodity prices, with Brazil's brand also hurt by a corruption scandal.
- The conflict in Syria has negatively impacted brands in the region like Turkey, down 11%, as well as Russia, down 31%, and Ukraine, down 45% due to their involvement.
- Iran and Cuba saw increases of over 50% as they take steps to open their economies.
The document summarizes key findings from a report on businesses in Western Sydney. It identifies three main themes from surveying over 200 businesses: employment, infrastructure, and business sentiment. Regarding employment, SME businesses expect to increase employee numbers while large businesses expect reductions. Infrastructure priorities identified are improving public transport, creating employment hubs, and developing a transport and logistics hub. Business sentiment is neutral to slightly negative. The document recommends priorities like improving public transport, supporting SME businesses, and developing skills training to realize opportunities in Western Sydney.
The document analyzes the 2013 financial performance of the Big Four accounting firms - Deloitte, EY, KPMG, and PwC. It finds that the firms had moderate 3.2% revenue growth in 2013 to a record $114 billion, below expectations, with variation across service lines and regions. Audit revenues were flat while Asia declined 1.3%. Deloitte had the fastest growth at 3.5% and surpassed PwC to regain its position as the largest firm. EY grew the most at 5.8% while KPMG grew just 1.7%. The Americas became the top region, growing 6.8% while Europe grew 1.4% and Asia declined
UKUPA Jan 09: User Experience In A DownturnUXPA UK
Gerred Blyth (Lighthouse Experience) and Be Kaler Blake (Aquent) presented on their perspective on the user experience industry and how companies and individuals can cope and find opportunities during the economic downturn. Discussions and pop quiz results from the evening are incorporated in the slides.
Canada Is Home Of The Fearless EntrepreneurKatherine Roos
While self-employment in the US has been weak during the recession, in Canada self-employment has risen significantly as more Canadians start their own businesses instead of relying on larger corporations for jobs. Self-employment in Canada has nearly doubled since the 1980s and shows no signs of slowing, as both the government and banks have increased support programs for entrepreneurs. However, some economists worry that increased self-employment may negatively impact productivity and economic growth in Canada.
This document summarizes a research note from the Platt Retail Institute about testing the impact of a digital communications network (DCN) installed in bank branches. The research involved installing cameras and collecting data from 10 bank branches over 90 days. Key findings include:
1) The DCN was effective at raising customer awareness of messages.
2) Customers reported higher satisfaction levels and more positive perceptions of their bank experience with the DCN.
3) Branch productivity increased with the DCN by allowing more efficient transaction processing and potential cost reductions.
4) The DCN boosted customer awareness of products/services and increased related revenue and transaction activity.
Australia's service economy is booming, representing 70% of GDP and growing strongly. Key drivers of growth include outsourcing, technological advances, and rising Asian demand. The document highlights several innovative Australian companies that are successfully exporting services globally and redefining industries such as graphic design, tasks and errands, and online retail through new digital business models.
Dupont analysis and evaluating a company's business modelMalcolm Sullivan
The document discusses the recent positive economic environment according to the IMF World Economic Outlook, but notes there are still challenges ahead. It uses the example of Carillion, a major UK construction company that faced severe financial difficulties, to examine lessons for companies with business models characterized by low profit margins, high sales relative to assets, and high financial and operating leverage. These factors make companies vulnerable to adverse changes, as disruptions in industries like retail and commodities trading have demonstrated.
D&B’s Chief Economist Paul Ballew highlights the key findings on U.S. businesses for April 2014, in the May edition of U.S. Economic Health Tracker. The Tracker examines three macro indicator dimensions: the Small Business Health Index (SBHI), U.S. Jobs Health and U.S. Business Health Index .
Similar to Report: The 16 most dangerous facts & trends that every business owner, manager & stakeholder should know about (20)
3. #1: Business is risky
If you started or were in business in 2008,
your s might have been one of the
1,194,317
Australian businesses
that had closed their doors by 2011.
Source: ABS, Cat. 8165.0, Counts Of Australian Businesses, Including Entries and Exits:
Jun 2007 Jun 2011 (Canberra: C w of Aust., 2011), pages 11-12.
4. #2: New business is riskier
If you had started a new
business in 2008, you had a
52% Source: ABS, Cat. 8165.0, Counts
likelihood of closing your Of Australian Businesses,
Including Entries and Exits:
doors by the end of 2011. Jun 2007 Jun 2011 (Canberra:
C w of Aust., 2011), page 5.
5. #3: Existing business is only a little
less risky
Even if you had an existing business in 2008, you had a
40% likelihood of closing your doors by 2011.
Source: ABS, Cat. 8165.0, Counts Of Australian Businesses, Including Entries and Exits:
Jun 2007 Jun 2011 (Canberra: C w of Aust., 2011), page 5.
6. #4: (As at 2000) Around 40,000 businesses fail each
year with an estimated average loss of
$115,000.
7. #4: (As at 2000) Around 40,000 businesses fail each
year with an estimated average loss of
$115,000.
In 2000:
It was also estimated that the
total cost of business failures is
$4.6 billion each year¹.
The average Australian
mortgage was estimated at
$110,000 - $115,000².
¹ Source: W. Reynolds, W. Savage and A. Williams,
Your Own Business: A Practical Guide to Success
(Melbourne: ITP Thomas Nelson, 3/e 2000).
² Source: Dept. of the Australian Parliament Library:
Research Note No. 22, 2000-01 (Canberra: C w of
Aust., 2011), page 1.
8. #4: (As at 2000) Around 40,000 businesses fail each
year with an estimated average loss of
$115,000.
9. #5: 29% of Australian businesses earn less
than $50,000 per year¹ (at least $18,000
below the average wage).
Average Wage: $68,725pa
$50,000pa
$0pa
Source: ABS, Cat. 8165.0, Counts Of Australian Businesses, Including Entries and Exits:
Jun 2007 Jun 2011 (Canberra: C w of Aust., 2011), page 9.
10. #6: 34.5% of Australian businesses earn
between $50,000 and $200,000 per year.
Source: ABS, Cat. 8165.0, Counts Of Australian Businesses, Including Entries and Exits:
Jun 2007 Jun 2011 (Canberra: C w of Aust., 2011), page 9.
11. #7: Only 1.1% of Australian businesses earn
over $1,000,000 per year.
12. #7: Only 1.1% of Australian businesses earn
over $1,000,000 per year.
Using the ABS Counts of Australian Businesses that reported 2,132,412
actively trading businesses in Australia as at June 2011¹ and the figures
available from Dun & Bradstreet s Company360 database² from March,
2012, there are only 23,475 businesses with declared incomes in excess
of $1million per year.
¹ Source: ABS, Cat. 8165.0, Counts Of Australian Businesses, Including Entries and Exits:
Jun 2007 Jun 2011 (Canberra: C w of Aust., 2011), page 5.
² Source: Dun & Bradstreet s Company360 database:
Australia's leading 50,000 private and public companies (www.company360.com.au).
13. #8: There s not a lot of business growth happening:
From 2008-2011 only 4.9% of Australian businesses
grew staffing levels, and 5.6% went backwards.
Source: ABS, Cat. 8165.0, Counts Of
Australian Businesses, Including Entries
and Exits: Jun 2007 Jun 2011
(Canberra: C w of Aust., 2011), page 8.
14. #9: 67.5% of business
owners earn less than
$1,000 per week.
Source: ABS, Cat 8175.0 - Counts of Australian Business Operators 2007-08
(Canberra: C w of Aust., 2009).
15. #10: Only 8.8% of business owners
earn over $2,000 per week.
Source: ABS, Cat 8175.0 - Counts of Australian Business Operators
2007-08 (Canberra: C w of Aust., 2009).
16. #11: Revenues for Small-Medium sized
businesses are shrinking at a greater rate
than Large businesses.
Source: Australian Chamber
of Commerce & Industry,
Small Business Survey
February 2011.
17. #11: Revenues for Small-Medium sized
businesses are shrinking at a greater rate
than Large businesses.
The
divergence
between small
and large
business sales
performance is
at its highest
level since 1996.
Source: Australian Chamber
of Commerce & Industry,
Small Business Survey
February 2011.
19. #13:
Pessimism in
economic
recovery is
matched by
reports of
plummeting
business
revenue.
Source: MYOB Business Monitor:
The Voice of Australian Business
Owners October 2011.
20. #14: Companies are increasingly behaving
like businesses in recession.
Christine Christian, Dun & Bradstreet (D&B) CEO,
in referring to the D&B December 2011 Survey,
reported that companies, particularly in the
manufacturing and retail sectors, are increasingly
behaving like businesses in recession.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
21. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
The number of small business
collapses soared through 2011
and this year could be another tough
one as poor sentiment outside of the
mining sector and tightened credit
conditions take their toll.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
22. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
D&B's analysis of business start-ups and failures
based on their own numbers and those of the
corporate regulator found that
the number of small businesses
going under lifted by 48% in 2011.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
23. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
This compares with a 42%
increase in insolvencies nationwide
across the year, D&B says.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
24. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
Collapse among firms with fewer five
employees grew by 57% through the
year, whereas there was a 40%
increase for firms with between six
and 19 employees.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
25. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
And collapse numbers rose by:
58% in service and construction,
66% in construction, and
28% in manufacturing.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
26. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
Retail also had a shocking year,
with collapse numbers
up 11% for the December quarter
and 115% for the year.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
27. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
And start-up numbers have gone through the
floor.
D&B says start-up numbers for firms with fewer than
five employees slumped 95% through 2011,
and there was a near 100% fall in start-up
numbers for the manufacturing, service and
finance sectors in the December quarter.
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
28. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
Christine Christian says there's an
"increasing risk
that the global economic slowdown
will intensify the
upward trend in insolvencies."
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
29. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
"Despite recent rate cuts, there is a palpable lack of
confidence in the current operating environment.
This is obviously one of the side effects of long standing
global uncertainty and can often be enough to deter
businesses from entering the market, irrespective of
actual conditions."
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
30. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
And start-up numbers have gone through the floor.
"Outside the mining sector, sentiment is generally still
poor and the strong Australian dollar is straining profits.
This could lead to an increase in
business failures
in 2012."
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
31. #14 (cont.): Companies are increasingly
behaving like businesses in recession.
Christian says
business failures have risen
by more than 30%
over the past three years .
Source: D&B website (dnb.com.au) 2012 including Christine Christian, D&B CEO, talks about
business expectations for the December quarter with ABC NewsRadio's Glen Bartholemew.
32. #15: Despite reports to the contrary,
Australia does have significant debt that is a
serious financial risk to the country.
Source: The Economist Magazine
website November, 2012
www.economist.com
/content/global_debt_clock
33. #15: Despite reports to the contrary,
Australia does have significant debt that is a
serious financial risk to the country.
Source: The Economist Magazine
website November 2012
www.economist.com
/content/global_debt_clock
34. #16: And if that s not enough on July 1
2012, Australia acquired the Carbon Tax and
the Mining Resources Rent Tax
No matter which side
of politics you may
support, these taxes
will impact
businesses in what
are already
challenging times.
37. We live in challenging times
"We choose to go
...not because [it is] easy,
but because [it is] hard,
because that goal will serve
to measure and organize
the best of our energies and skills,
because that challenge is one
that we are willing to accept,
one we are unwilling to postpone,
and one which
we intend to win.
John F Kennedy
39. DO YOU
KNOW
The 21 Competencies
To Absolutely, Positively Grow A Business
Independent Of The Economic Times
40. The 21 Competencies To Absolutely, Positively Grow A
Business Independent Of The Economic Times
1. Strategy Development
2. Strategy Implementation
3. Business Performance Optimisation
4. Business Model Development
5. Elite Individual, Team & Organisational Development
6. Training & Competency Development
7. Value Delivery
8. Product & Service Innovation
9. Market Research
10. Market Leadership
11. Competitive Advantage
12. Marketing
13. Sales
14. Relationship Management
15. Distribution Channel Utilisation
16. Alliance, Partnership & Joint Venture Development
17. Continuous Productivity & Quality Improvement
18. Process, Procedures & Systems Development
19. Testing, Performance Measurement & Management
20. Business Planning
21. Financial Control
41. Few would 1. Strategy Development
doubt that these 2. Strategy Implementation
3. Business Performance Optimisation
competencies, 4. Business Model Development
developed to 5. Elite Individual, Team & Organisational Development
the point of 6. Training & Competency Development
7. Value Delivery
mastery, would 8. Product & Service Innovation
absolutely, 9. Market Research
positively 10. Market Leadership
11. Competitive Advantage
result in 12. Marketing
significant 13. Sales
business 14. Relationship Management
15. Distribution Channel Utilisation
growth 16. Alliance, Partnership & Joint Venture Development
17. Continuous Productivity & Quality Improvement
18. Process, Procedures & Systems Development
19. Testing, Performance Measurement & Management
20. Business Planning
21. Financial Control
43. The Four Stages of Competency
2. Conscious 3. Conscious
Incompetence Competence
1. Unconscious 4. Unconscious
Incompetence Competence
44. 1. Unconscious Incompetence
The individual, team or business does not understand or know how
to do something and does not necessarily recognise the deficit. They
may deny the usefulness of the skill. They must recognise their own
incompetence, and the value of the new skill, before moving on to
the next stage. The length of time spent in this stage depends on the
strength of the stimulus to learn.
2. Conscious Incompetence
Though the individual, team or business does not understand or
know how to do something, they do recognise the deficit, as well as
the value of a new skill in addressing the deficit. The making of
mistakes can be integral to the learning process at this stage.
3. Conscious Competence
The individual, team or business understands or knows how to do
something. However, demonstrating the skill or knowledge requires
concentration. It may be broken down into steps, and there is heavy
conscious involvement in executing the new skill.
4. Unconscious Competence
The individual, team or business has had so much practice with a
skill that it has become "second nature" and can be performed easily.
As a result, the skill can be performed while executing another task.
They may be able to teach it to others, depending upon how and
when it was learnt.
46. If you re not pleased
with the way your
scoring, of even if you
are, but your business
is underperforming,
then you need to
change what you re
doing or the way
you re doing it.
The definition of insanity is to
To paraphrase Albert Einstein
continue to do the same thing but expect a different result .
47. Businesses In HyperGrowth is a business performance engineering company that engineers
breakthroughs for client businesses so they can achieve and sustain exponential rates of
growth.
We do that by turning business' overlooked assets, underutilised resources, underperforming
activities, hidden opportunities and underdeveloped relationships into windfall profits and then
turning those profits into ongoing, steady streams of income.
The method by which that growth is attained is the installation, development and mastery of up
to twenty-one business competencies within the client s business that can produce rapid,
remarkable and sustainable results.
And we guarantee results for the clients we choose to work with. Where we work directly
within client businesses as partners, we guarantee to produce immediate results in the form of
agreed-upon bottom-line improvements within the first 90 days. And again, where we work
directly within client businesses as partners, we guarantee sustained results for 12 months
beyond our direct involvement.