How We Help

Sometimes We Have To Change Ourselves First

“Everyone thinks of changing the world, but no one thinks of changing themselves.” Leo Tolstoy

The following link will help us unpack that wisdom a bit further.

There are numerous theories, books and papers on the subject of change which can sometimes baffle us and make things appear complicated. So let's have a go at fixing this myth...

As we all know from experience, our businesses are constantly affected by change, e.g. environmental issues, competitive forces, government legislation, the highs and lows of the economy etc.

To adapt to these changes, we should all know that we don't just react and then blindly surge forward. We have to take into account how it is going to affect, not just the balance sheet, as important as this is, but things like our processes, customer service, pricing, staffing and culture.

The same type of approach applies to changing ourselves. Again the 'panic' approach is almost certainly doomed. Here we have to ask, 'What are the knock-on effects of a me-change'? Will it affect my health, my family and other relationships, not to mention the things I hold dear outside of my work space, like leisure time, sport, holidays? It's also important to ensure that my values, beliefs and principles are protected in all 'me-type changes'. After all this is my DNA which impacts on, not just the 'now', but the legacies I am going to carry forward for ever and ever.

Change is challenging but also exciting, and certainly stimulating if we want to make it so. For small business owners, by properly embracing change, and especially where it involves tweaking our own persona, we keep ahead of the pack and minimise the risk of future struggle or failure.

Ted Beecher, BLA Director

Will My Small Business Work Out?

In starting up a fresh Australian small business, the last thing you want to think about is what if it doesn't work out? The reality is that about one-fifth of small business start-ups in this country don't make the first year; and only about one third manage to survive ten years or more. That's all rather frightening...

So what are some of the key reasons for these rather depressing statistics?

  • Starting up for the wrong reasons: maybe a knee jerk reaction as a result of frustrations through working for a boss for umpteen years. Often the thoughts of a better work-life balance including more time with the family take precedence over the sheer hard work, dogged passion and resilience in the face of adversity that are absolute musts when setting up your 'own show'.

  • Insufficient Planning: a good workable business plan needs to be carefully thought out and realistic. In fact you must almost let it rule your life (well, within reason!). After all it will be based on all sorts of assumptions which will always be subject to the winds of change such as a volatile economic environment, your competitors and customer behaviours.

  • Weak use of technology: make no mistake, business success these days is dependent on having a good website, effective SEO and online marketing including a strong presence on social media. This way you can instantly highlight your professionalism, effectively promote your products and services whilst explaining points of difference over your competition alongside other 'reasons to buy'.

There are several websites on this subject which will be of great value to anyone thinking about starting a small business. However, at the other end of the scale, BLA exists to help struggling small businesses which may have fallen victim to one or more of the above situations. Other factors may have come into play like insufficient capital, overzealous expansion, ineffective financial control or risk mitigation. Whatever the case, our job is to work with struggling small business owners by helping them through the 'dark times' and its negative consequences, whatever the ultimate solution might be.

By Ted Beecher
BLA Director

How Business Life Australia Helps

When a business owner starts to experience a downturn in sales, a shortfall in profits, a 'drought' in orders or excessive predatory activity by competitors, that's when the anxiety sets in alongside other negative physical conditions. Does this sound familiar?

This is where BLA is fully equipped and ready to help!

So what's likely to happen next?

Firstly, we will assign a concierge to get alongside that owner and listen carefully to their story - basically little more than that at this first meeting. BLA's primary aim at this early stage is to establish a connection of mutual trust and to create an environment of hope, whatever the eventual course of action is most appropriate for that business owner's situation.

Using the information gleaned at that initial meeting, the concierge will consult with the BLA team, including our specialist service providers, in order to map out a pathway for the business owner. That pathway will usually lead to 3 possible outcomes:

  • Business recovery and restart

  • Sale

  • Closure

At the next meeting, the concierge will discuss our conclusions with the business owner and outline the next steps they need to take. Often this involves connecting them with one or more of our service providers who, for example, may have expertise in the accountancy, marketing, legal or insolvency space. Importantly, these providers understand BLA's 'heart' and will provide initial services free of charge.

At all times, the BLA concierge will remain the owner's friend in order to provide continuous encouragement and hope in their new journey. Typically, we will work with the business owner by getting them back into the driver's seat at the most appropriate time so they can reapply their skills and initiative. At the same time we see them using the experience as a learning tool as they strive towards their new goals.

By Ted Beecher, BLA Director