The digital age is upon us and is transforming the ways in which we do business. Technological advancements in communication have given rise to new avenues of customer engagement, with many businesses now shifting their focus from traditional marketing methods to more digital and intuitive ones.
Business owners who are aware of their business performance metrics and have clear visibility of potential opportunities and risks are much more likely to succeed. Successful ventures are not oblivious to their business environment.
With ever increasing pressure from customers, disruptors and regulators the insurance industry is no doubt experiencing a tough financial climate. Low interest rates and increasing claims costs has led to an unprofitable 12-24 months for many major insurers, and with the industry still under stress businesses are already starting to...
Our last newsletter discussed the upcoming new leasing standards, AASB16 Leases and how it will affect your business. During a recent workshop with Carmen Ridley (Board member of AASB), the impact of the new standard on a lessee’s Balance Sheet, Income Statement and Cash Flow Statement was highlighted.