Information is the resolution of uncertainty. - Claude Shannon "the father of information theory"
Welcome to the Synergy48 Group Library
Sharing useful information and knowledge to help fill the gaps in business best practice for SME businesses
The Real Reason Business Owners Don’t Delegate
Approx time to read: 6 minutes Key Take Aways: Businesses which employ one or two people in the first few years are more likely to survive and succeed than those which don't The ability to delegate is a key factor in successfully employing staff. There are four common...
Insurance claims – tips for small businesses
Approx time to read: 3 minutes Key Take Aways: Report the incident to the relevant authorities (police or emergency services as appropriate) AND your insurance provider Take notes of what has happenned right away while it is clear in your mind and make sure you...
Why you should have a marketing plan and how to make it work for you
Approx time to read: 3 minutes Key Take Aways: An effective marketing plan provides a roadmap for all your marketing activities including timelines, who's responsible, budget and measures of success A marketing plan makes you proactive instead of reactive, saves time...
Update to the Labour Hire Licensing Act 2018 (Vic)
The Victorian Government has announced changes to the...
What’s the big idea?
Approx time to read: 8 minutes but well worth the time! Key Take Aways:It's much harder to stand out from your competition now than it was 50 years ago. Resurrects the concept of "The Big Idea" one simple concept that clearly sums up how your product or...
Quick Tip: Is the ABN Valid and GST Registered?
When was the last time you checked the ABN of your suppliers?If your supplier doesnt' have a current ABN the ATO may hold you responsible for withholding the tax. Synergy48 Group Best Practice Business Advisor and financial management specialist Heidi Froelich from H...
Plan your path to business success: A 6 point checklist
Assess your business today It's cheap and easy to plan on paper, but very expensive to experiment in the real world, yet 2 out of 3 failed businesses had no current planning in place. Synergy48 Group Best Practice Business Advisor and business planning specialist...
A 5 Point Checklist for Maximising Business Efficiency
Assess your business today Business thrives when it functions on sound administration principles and documented policies and procedures. These things provide a base from which everyone in the organisation is able to work effectively and efficiently. Synergy48 Group...
A 6 point checklist to future proof your business
Assess your business todayThe Paradox of Data: In an era of increasing data collection and automation we are now in a position to deliver increasingly highly personalised experiences for our clients. Analysing the data and setting up relevant automation allows us to...