All businesses will have, at some point in their life, set prices for the products or services that their business offers to their customers. These prices may have been set using rigorous scientific method, such as with the Generate capacity calculator, or they may have been set based on cost plus a margin, or they may simply be based on industry standards.Read More
What's my business worth?
That is a question that many business owners ask themselves and their advisors. Quite aside from the fact that business owners like to feel they are creating an asset that will have some sale value when they decide they want to move on, there are any number of reasons that the question of business value may arise such as:Read More
Crowdfunding is increasingly popular as a way of gaining the necessary capital to launch a creative project. But there’s many a slip twixt cup and lip. Here’s a useful list of some of the questions to consider before you jump into crowdfunding: http://www.entrepreneurial-insights.com/14-potential-issues-with-crowdfunding-how-solve-them/Read More
It's no secret that we here at Generate are big fans of cloud accounting, particularly Xero and the huge library of add-ons available in their online marketplace. We frequently get asked by small business owners why they should consider the move to cloud accounting so I thought it useful to outline some of the many benefits here.Read More
It was standing room only at our panel discussion at the Screen Forever conference in Melbourne last week.Read More
Crowdfunding is a popular way of funding projects, whether they be software development, an indie film, or an artist’s new record. As with any business undertaking, it’s important to understand the implications of this type of funding so you don’t get yourself into any trouble.Read More
One of the reasons people start their own business is the prospect of financial freedom. It’s common practice for those running their own company to funnel some of their living expenses through the company and take less money as salary. And there are some circumstances where that can be advantageous. But there’s much to be said for keeping your personal and business expenses completely separate.Read More