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The impact of the online retailing boom on Australian non food retailers

Posted on 12/22/2011 by wp

Given the post Christmas sales are almost upon us, I found a recent Morgan Stanley price comparison across 99 products (online versus in-store) particularly interesting. It showed that prices are 19% - 64% cheaper online, with books (64%) and cosmetics (44%) having the highest discounts. Others of note were apparel (30%), computing...

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How to get your business online cheaply and make money online

Posted on 12/19/2011 by wp

Recent data released by the Australian Bureau of Statistics suggests that some 60% of Australian businesses still do not have a web presence. You are probably surprised by this stat. However I speak to a lot of business owners and it is consistent with my experience. And I would go one step...

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Why every business needs a part time CFO

Posted on 12/12/2011 by wp

Getting a CFO / controller seems like a natural progression once the founders have taken the company to the point where it’s really time to get serious about the financial side of the house. It’s time to start managing the capital in place more effectively, and maybe even prepare for a round...

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