2022-2023 Federal Budget Update Last night, Federal Treasurer Josh Frydenburg delivered the 2022-2023 budget. Amidst a mountain of government debt incurred over the past few years due to COVID, and in an environment of inflationary pressures, rising bond yields, wages pressure and interest rate pressure, it appears to be a financially responsible budget. It is…
2021-2022 Federal Budget Update Welcome to Advivo’s summary of what we believe are the most relevant points for businesses from the 2021-2022 Federal Budget announced last night. Josh Frydenburg has delivered a ‘Pandemic’ Budget focused on job creation, infrastructure, women’s rights and protection & equality and health issues including aged care, NDIS, mental health and…
2020 – 2021 Federal Budget – ‘The Road to Recovery’ Welcome to Advivo’s summary of what we believe are the most relevant points for businesses from the 2020 – 2021 Federal Budget announced last night, unusually in October rather than May, reflecting an extraordinary year in Australia’s history. Treasurer, Josh Frydenburg has delivered a budget…
Key Areas For a Successful and Effective Business in Asia There’s nothing more satisfying than coming up with a creative idea that you believe will take the world by storm. And for many Australian businesses, a key stepping stone in launching their first foray into foreign territory is Asia. This makes sense — geographically it’s one…
Get Up-To-Date Business Information at Your Fingertips Cloud Accounting and the integration of multiple internal systems will help take your business to the next level by placing up-to-date information about your business at your fingertips. Perform such tasks as uploading receipts and other bookkeeping data from anywhere and have it available in real time through…
2019 Federal Budget Update Significant Impacts Welcome to Advivo’s summary of what we believe are the most significant impacts for businesses from last night’s Federal Budget. Our comments are predominantly focused on the measures that affect businesses and their owners. Importantly, given there is almost no time to legislate these items, this government may need…
When commercialising a new product or innovation, making assumptions can be one of the riskiest mistakes. Too often, we hear inventors say, “I know what the market wants,” without conducting proper product-market fit research. While they may be right in some cases, assuming rather than validating can lead to costly missteps. Why Validating Assumptions Matters …
Partners to Help You Take a Great Idea to Global Commercialisation Can you imagine the excitement that exists when you recognise that the bright idea you just thought of becomes a reality; that moment when your first sale vindicates the hard work in bringing that idea to market? For many, it is pure excitement, euphoric…
Recognising Problems as Opportunities for Innovation and Going Global[divider line_type=”No Line” custom_height=”10″] Today’s global economy is providing small, mid-tier companies with the opportunity to become global players like never before. Once the CEO’s of these smaller firms are able to identify where their opportunity exists, the path to globalisation can become a reality. Mid-Tier Companies…
Understanding The Value of a Minimum Viable Product When it comes to commercialising an innovative idea, as business owners we often fill driven to have everything absolutely perfect before we feel comfortable releasing that idea to market. But is this the wise way to go about it? Of course, you may have put time, effort…
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