Today on StartupSmart, we have some words of advice for new businesses stuck in the dilemma of aiming for either profit or growth.
As business advisory guru Marc Peskett explains, some entrepreneurs are scared of growth, with some even keeping their businesses small in order to retain full control.
This isn’t the smart way of doing it, but if this dilemma sounds familiar, Peskett has three invaluable tips for you.
Elsewhere, legal eagle Craig Yeung advises a reader on how to set your business up for an acquisition and there’s good news for NSW start-ups looking to expand to California.
Finally, how is your business faring on the critical issue of cashflow?
Find out by taking this free ANZ-backed StartupSmart quiz, which provides plenty of handy hints on how to maintain a healthy cashflow.
