Strategic Management

Understanding how Key Performance Indicators (KPIs) in your business affect profit is the key to increasing profits. Not all businesses are the same and, therefore, there will be different drivers that will result in increased profits for each type of business. Service-based businesses will have completely different KPIs from a business that sells products, whether they be manufactured in-house, wholesale or retail. Also, increasing revenue is not the only way to increase profits, controlling expenses can be equally as important.

In our September episode of the Building Your Business podcast, Chris Lewis hosts Matthew Joiner - Partner, Cor Cordis and Ian Walker (Executive Chairman) as they discuss the Australian Tax Offices' (ATO) recent focus on director obligations and debt recovery activity, the Director Penalty Scheme, and the increased issue of Director Penalty Notices.

In our latest Building Your Business podcast episode, Chris Lewis hosts Wayne Clark - Director, Maxwell Stone Consulting and Smiljan Jankovic (AGR Managing Director) as they discuss how businesses can build their talent attraction strategy and the connection between your brand and employee recruitment.