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Blog di Sara

What is Triple Bottom Line

What Is the Triple Bottom Line? The Triple Bottom Line (TBL) is a way of measuring an organisation’s impact on its social and environmental effects in addition to financial performance. Purpose-led organisations find that using triple bottom line to monitor more than just the financial performance helps them improve how they treat people both within…
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Why Small Businesses Fail

Studies have shown a high percentage of small businesses fail in their first year and up to 50% by year five.  70% of small businesses don’t make it past ten years. Some Reasons why small businesses fail 1) Lack of leadership – No vision and purpose Setting a clear vision and purpose gives you a…
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How do I find my Purpose?

How do I find my purpose in life? Part of finding your purpose is by knowing what role you can play in changing the world. Some of it may be the fundamentals of your belief system, some of your journey in life.   What you believe and what you want to manifest in the world. It…
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The powerful, inspiring women leading family businesses

When I first joined the family business, I found it very difficult to break through the sexism and invisibility of being a woman in a male-dominated industry.   Even though I was developing and improving the business, I was seldom acknowledged in the early days and treated like a little sister.  Not just from my family…
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Crisis Management Planning

It takes 20 years to build a reputation and five minutes to lose it..Warren Buffett   What is a crisis? A time of intense difficulty or danger? So, in business, a crisis is related more to a significant adverse event with possible reputational damage. An out-of-the-ordinary event, disclosure or set of circumstances, real or perceived,…
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Franchising is like a marriage

Will the new changes to the Franchise Code ensure more franchisee success? A new Franchising code was released on the 1st of July. The new fully updated Code Legislation can be downloaded! More disclosure and a stronger contract will not guarantee franchisee success. Instead, a strong business model, passionate franchisees, and a strong relationship between…
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Cash is King

So it’s the end of the financial year, and your accountant reports your business has a nice profit.  You are surprised and tell them you cant understand as you have no money in the bank and don’t know how you will pay the taxes on the profit. According to a report released by ScotPac in…
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Leading Diversity and Inclusion in the workplace

Does Diversity mean better performance? In the last few months, there has been a lot of news about gender issues and how our Government has handled complaints by women for serious alleged incidents. Many private business leaders were horrified and I have heard many say, ‘This would never be tolerated in private business!’. We have…
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Leadership from “The Rock” Versus “The Whole”

We are continually being challenged as leaders in the ever-changing world of business, but what does it mean to be a leader in 2020 and beyond. Leaders need to be mindful, present and self-aware.  In anticipating the future, leaders need to shift from known experience to leading together with others and leveraging subtle differences and…
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Budget 2020 – What’s in it for SMEs

Budget 2020 Key message – Economic Recovery Plan for Australia will create jobs, rebuild our economy and secure Australia’s future. The economy is forecast to grow by 414 per cent next calendar year and unemployment is expected to fall to 612 per cent by the June quarter 2022. Without economic support the unemployment rate would…
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