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50 unit owners of the family holiday resort Nobbys Outlook are soon to be very happy with the possibility of a $30 million dollar windfall....... Read More

Since July this year, America and the UK have increased their security measures for all mobile devices. Due to threats from the Middle East and Africa the Department of Homeland Security and TSA have enhance the already thorough screening process. This is to help reduce the threat of explosive devi Read More

I was talking to a business owner just the other day that needed help and was having problems with competition in the town. The competition was new in town, some were fly in fly out businesses and all had arrived when business was booming....... Read More

Projects have constraints and elements that affect each other, these different Constraints can be found in the Project Management Triangle. Each side/angle represents one of these constraints, they are; ‘Scope’, ‘Time’ and ‘Cost’. These factors cannot individually be affected without changing the o Read More

What is Franchising?
Franchising is a business agreement between two parties - a franchisor and a franchisee. It is the practice of benefiting from a firm’s successful business model.... Read More

A company is a legal entity owned by shareholders which is run and managed by managing directors. It is regulated by the Australian Securities & Investments Commission (ASIC). Setting up a company requires more time and capital which includes administrative costs and additional paperwork. Although Read More

A Partnership business structure is when two or more partners start up and operate a business together. In a partnership, business partners receive income jointly and also share liabilities. Partnership business structure can be carried by as many as 20 partners. Responsibility, management and fina Read More

In a vertical marketing system the most important functioning members of the distribution channel - producers, wholesalers and retail outlets - work together as a unit to deliver products to end users. Read More

Sole Trader is considered the simplest form of business structure as it is run by one owner without having to partner with anyone. In this business structure the owner gets the privilege or responsibility of taking all business decisions solely...... Read More

Most organizations and businesses aim to expand and enter a new market so that they can profit more and reach out to a new customer base. There are always risks involved, as always in the business world, when an entrepreneur tries to spread the business out in a new market, some big and some small. Read More