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 …
Welcome to Our February Update The shortest month of the year but a lot going on! I am sure you, like me, have been to a seminar because you wanted to know more about a specific topic, but thought “ahhhhh I’ll have to listen to all those other speakers that I have no interest in…
Key Points to Remember in Keeping Your SMSF Compliant A self-managed super fund (SMSF) is a way of saving for your retirement. It is different from a regular super fund as the members are usually also the trustees. This means the members make the investment decisions for the fund and are responsible for complying with…
You May Need To Renew Your PPSR Registration Time is up! It has been 7 years since the inception of the Central Registry, developed as a result of the Personal Property Securities Act 2009 (PPSA). If you registered at the time, you may need to renew your PPSR registration, if you are not sure, just…
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…
Special Service To Help You Grow Your Childcare Business At Advivo, we have recently introduced our specialty service in the Childcare arena. Our presence in the market has steadily increased by consulting with several childcare businesses in the southeast and we are starting to see the “fruits of our labour”. We want to share with…
Easy-To-Use Business Scoreboard To Ascertain Your Business’s Health January is the time to take a step back and reflect on the financial year to date. At Advivo, we understand that business owners are busy at this time of year. However, prioritising a monthly processing of financials and undertaking regular reporting will help you to identify…
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…
Welcome to the pre-Christmas crazy time! As always, we endeavour to do all that we can for our clients while also preparing for the new year and of course, we will squeeze in our annual staff Christmas party, because it is the festive season after all. This year we have focused on educating our clients…
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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