Small Business Secrets: There Is Always Something To Learn
Television is there to relax us, inspire us and even educate us. The business reality show Shark Tank continues to provide us with many interesting and entertaining moments. It is programs like this that prove dreamers and entrepreneurs are still alive and well in today’s business world. (But, of course, we knew that already!)
Small Business Secrets
Small Business Secrets is another offering featured on SBS. It was launched in July of last year and features behind the scenes glimpses of small to medium-sized businesses across Australia. Hosted by Ricardo Goncalves, Small Business Secrets covers stories on entrepreneurs, creatives, start-ups, and retailers in the hope to spark wannabes into action.
Small businesses play a huge part in the Australian economy, and the diversity that makes up small and medium-sized businesses is incredible. The show does not pigeonhole, rather enlightens viewers, demonstrating that no business is alike.
What might I expect to see?
Previous episodes have covered such interesting topics as:
- An end of financial year forum
- Cash flow and franchising
- How good accounting software can cut down paperwork
- How online-only retailers can connect with customers
You never know what part of someone’s story will spur you on to establishing your own business. And for those already in business, there is always something new to learn. In fact, there are many things you don’t want to have to learn the hard ways. Issues such as underpricing, overpricing, and listening to your customers rate highly as things you might want to know before you go into business.
Small business owners can sometimes feel protective of their business (as demonstrated clearly by Shark Tank) and don’t want to acknowledge that anything needs changing. But unless you want to fail, listening to the advice of experts and business owners can be very rewarding. Often just revisiting the basics will help you improve the concepts from the ground up allowing you to make the necessary changes to move forward with success. Once you have mastered the basics, then you progress with gusto!
Is business consulting worthwhile?
One of the many services we offer at Accounts Studio is business consulting. It can be difficult for small business owners to realise that changes need to be made because they are too involved in the running of their business and can’t see the wood for the trees. Sometimes such services as pricing advice, strategic business advice, strategic analysis, marketing tips, competitor analysis and key performance indicators can be beneficial to a stagnant or lacklustre business. We might even share a secret or two in the process!
If you haven’t had a chance to watch any of the past episodes of Small Business Secrets, then it is worth catching as many of them as possible. Fortunately, quite a large number of the episodes from Season 1 and Season 2 can even be viewed online. Have you seen the program yet?