Brealey Quill Kenny Blogs

Reducing Wastage

The “5 S” system (a structured, systematic approach to housekeeping and a cornerstone of any world-class manufacturing) can assist a wide range of businesses, not just in manufacturing. “5 S” involves creating an organised workplace, incorporating the following: SORT – sorting and removing unnecessary items. SET IN ORDER – a place for everything and everything...
Read More

How Well Do You Know Your Business?

It’s a good idea to periodically review key aspects of the individual components of your business. Customers Who are your customers? How well do you know their preferences? Do you know your “A-grade” customers? Are you solving your customers’ problems with your products/services? Marketing Is your website user-friendly? Have you asked your customers whether they...
Read More

Culture Building Is Important For Success

There are many attributes to creating a successful, long-term business. Whilst no one attribute makes a business successful, culture is very important in bringing various components together. The business needs to develop loyalty from team members, suppliers, customers, management, directors and owners. There are marketing tools which can assist in the creation of a caring...
Read More

Developing Succession Planning Strategies

Developing a list of questions to consider, as part of a succession plan review, will assist in the determination of a succession planning strategy for a business. The key questions to be answered could include: What do you want to achieve from the business? Are you building the business for a lifetime of activity for...
Read More

The Economic Picture Is Mixed Across Australia

The low interest rates have caused a “boom” in house construction, particularly in Sydney and Melbourne. Reports have indicated that local councils are approving plans for new houses and apartments at a record rate of more than 220,000 a year. This is great news for a whole range of industries relating to new house and...
Read More

Superstream for Employers

SuperStream aims to improve the efficiency of Australia’s superannuation system and provides a new standard for employers when making super contributions. It requires an employer to send contributions electronically in a standard format with linked data and payments. Below is a video link which provides information about getting ready for Superstream. There are options available...
Read More

Government Grants For SMEs

Export Market Development Grant – Reminder If you are an exporter or proposing to export, Export Market Development Grant applications for the year ended 30 June 2014 have to be lodged by Monday 1 December 2014 at 5pm. Accelerating Commercialisation The Australian government has introduced the long-awaited replacement to the Commercialisation Australia program, with the...
Read More

Debt Recovery Is An Ongoing Task

In these difficult times, many business operators have found the need to extend credit to customers and potential customers.  The key to offering credit terms is to manage the credit you’re offering.  The objective to managing credit effectively is to ensure that you’ve implemented an appropriate system.  Have you got a written system? A written...
Read More

Characteristics Of A Well Run Business

Planning To run an outstanding business, it’s necessary to produce written procedures for all activities of the business – from the opening of the front door at the beginning of the day’s activities, through to the closing of the door at the end of the day’s business activities. The procedure manual should establish procedures by...
Read More

Disciplined Approach To Marketing

Having a disciplined approach to marketing the business can make the difference. Marketing is a process, not a one-off event. It’s not advisable to copy what your competitors are doing. How do you know if they’re doing it successfully? When you examine the marketplace, only 3%-4% of your potential customers are ready to buy at...
Read More
Read More
Brealey Quill Kenny discuss Protecting your Super PackageChanges to Superannuation Legislation On 1 July 2019, The Federal Government’s Protecting Your Super Package Act comes into effect. This package is designed to protect Australian’s retirement savings from being depleted by unnecessary fees and insurance...
Read More