Category: Small Business

Is This the End of the Offshoring Fairytale?

A landmark Fair Work ruling puts offshore hiring under fire. Are Aussie businesses now liable? Learn why local VAs are the safer, smarter choice

Since 2007, business owners have been following the method outlined by Tim Ferriss to escape the 9–5 and ‘join the new rich’ — by outsourcing their business processes to offshore freelancers working for anywhere from $2 to $10 per hour … some for as low as 50c, according to some Filipino VAs I’ve spoken to. Why I’ve Never…Read more

Make your garage work for you … as a home office

Garage home office setup with organized workspace, desk, and comfortable chair - eSOS

You’ve got a business that has outgrown your current office arrangement of a kitchen table, laptop, and cell phone. Or, if you started out like me, a cupboard in the living room! Congratulations! But now what? Where will you find the room? Shy of kicking one of your children out of their bedrooms, you’re going…Read more

Can Your Business Survive a Recession?

Business owner strategising for recession survival - eSOS

The Reserve Bank of Australia (RBA) announced today (7 March 2023) our tenth consecutive increase in the official cash rate. This means interest rates are the highest they have been in over 11 years. We’ve seen rising fuel costs, interest rates climbing, returns on investments going down, grocery store prices continuing to increase week on…Read more

20 Things Learned: Partner Buy-In

Two professionals discussing partnership strategies for successful buy-in. Learn more at ExecStress.com

Lesson 3: You must have the support of your partner or family if you want to succeed in business. If you decide you are serious about setting up a VA practice, and you fully understand what’s involved and that this is not a hobby or a ‘side hustle’, then you must have the support of your…Read more