Welcome to the halkin blog.
Your source for weekly stories and advice on local business, the economy in general and what’s happening in Sydney this weekend.
The Financial Health Check: A Crucial Step for Every Small Business
As a small business owner, keeping your finances in check is crucial for long-term success. Just like regular medical check-ups, a financial health check can spot early warning signs and ensure your business stays on the right track. In this article, we explore why regular financial assessments are essential and how consulting services can provide expert support in helping your business thrive. Don’t wait until it's too late—learn how to safeguard your business’s future today!
Financial Forecasting: A Strategic Tool for Small Business Success
One of the most powerful tools to help steer your business towards success is financial forecasting. While it may seem like a complex or tedious task, the reality is that financial forecasting provides essential insights that can transform the way you plan, operate, and grow your business. Here’s why it matters—and how consulting services can help you make the most of it.
Thriving in the Shadow of Giants: How Startups and SMBs Can Compete Against Larger Companies
In the business world, startups and small-to-medium-sized businesses (SMBs) often find themselves in David-and-Goliath situations, contending against larger companies with far bigger budgets. While it may seem like an insurmountable challenge, numerous strategies can help these smaller entities carve out their niche, attract loyal customers, and grow sustainably.
A Guide to Starting a Business in Sydney, Australia
Starting a business in Sydney can be an exciting and rewarding endeavor. Sydney is not only Australia's largest city but also a global economic hub with a diverse and dynamic business environment. However, like any entrepreneurial journey, starting a business in Sydney requires careful planning and adherence to various regulations and requirements.
Here’s a quick 12 Step Guide, walking you through some essential, top-level references and providing recommendations to help you successfully launch your business.
Strengthening Your Startup: The Power of Fractional CFO Strategy
Are you a startup founder striving to navigate the complex financial landscape while steering your business toward success? If so, you're well aware that financial management is the backbone of any thriving enterprise. As your business evolves and grows, the need for strategic financial expertise becomes increasingly critical. That's where the concept of fractional CFO (Chief Financial Officer) comes into play.
Federal Budget 2023-2024
On Tuesday 9th May the Australian public received the 2023-2024 Federal Budget.
The overall economic outlook was an improvement in the cash balance and net business debt resulting in a $4 billion surplus. In addition, Treasury is forecasting the economy to slow over the coming 2 years.
Please read on below for key takeaways on the budget initiatives and, as always, our consultants are here to help, so reach out to us to have a conversation about how the budget initiatives can fit in to your circumstances and financial goals.
Sustainable Growth and Success for SMBs
We’ve been helping business owners grow their companies for over 20 years. Here are five good tips for SMBs in Australia, also some best practices to position your business for long-term growth and success in the 21st century market.
Top 5 Concerns for Australian SMBs
Small and medium-sized businesses (SMBs) in Australia face a number of concerns as they work to grow their customer base and build their team. Here are five key concerns that SMBs in Australia are currently facing.