Thursday 3 November
Wednesday, November 2, 2011/
Today on StartupSmart, we focus on an area that most budding entrepreneurs realise is important but many overlook – benchmarking.
For start-ups, the best way you can ascertain how you are performing is to see how you compare to others on key criteria such as pricing, turnaround times and staff turnover.
Business advisory expert Marc Peskett explains why benchmarking is important and provides some vital tips on how to see how your business measures up to your rivals.
Elsewhere, Polly McGee looks at whether paying a consultant is ever worthwhile, we profile up-and-coming baby products retailer Bambino Brands and mentor Paul Clements outlines how to put payment terms to clients.
Social media mishaps: Why businesses should think twice before cracking jokes online Catriona Pollard CP Communications founder
An ‘opportunity-hunting’ generation: Here's what millennial workers need and want Karen Gately Corporate Dojo founder
Spilling the beans: Why inviting someone to 'grab a coffee' is disingenuous and unnecessary Sue Parker DARE Group founder
Why success is simple, motivational speakers suck and Eye of The Tiger is dead to me Ian Whitworth Scene Change co-founder
How Emily McWaters manages her Sydney-based business from Kangaroo Island Emily McWaters The Hamper Emporium chief
Why 'Orwellian' performance monitoring is crucial to building an ethical company culture Michael Kodari Kodari Securities chief