Written by Alexandra Terreri – Manager at Growth IQ Pricing can be a confusing topic when you’re starting your new business. There is no concrete formula or sure-fire way to know exactly how to price your product or service. Many startups often set discounted prices as a result of this ambiguity. This will get the […]Read more
To help you and your business navigate through these difficult and uncertain times, the Growth IQ team has created a Coronavirus Action Plan and Business Continuity Document for our clients. Now, more than ever, we want to support and provide positivity to you and your business! If we can save one job, one business or […]Read more
86% of consumers are willing to pay more for a better CX. 70% of buying decisions are based on how customer feel they are being treated. Companies that excel in Customer Experience strategies will grow revenues 4-8% above the market average. 7 in 10 Australians will spend more with companies they believe to provide a […]Read more
If I had a dollar for each time I’ve heard the following statement when reviewing profit numbers at month/quarter/year end meetings I’d be a rich man. “Is that how much profit the business made this period? So why don’t I have any cash in my account? I cannot begin to tell you how much success […]Read more
Australian Business Facts – All obtained from the Australian Bureau of Statistics for the year ended 2018.
We’ve pulled together a list of key Australian Business Facts from the Australian Bureau of Statistics report from 2018. 96% of all business in Australia is small business – it is the engine room of our economy. In the 2018 financial year, 22,018 Australian businesses became insolvent. The main reasons for insolvency were: inadequate cash […]Read more