The FTE Equilibrium
In economics, a state of equilibrium is the balancing effect of supply and demand.[i] Thus, the quantity the producers supply equals the quantity the market demands, and all parties are satisfied by receiving and paying a fair price. Theoretically, it is a win-win situation. When it comes to employees, businesses also need to ensure that […]
The great remote shift: what happens next?
As majority of Australia returns to ‘the new normal’ we look at what impact the ‘great remote shift’ has had – and will have – on Australian businesses. COVID-19 has undoubtedly changed the business landscape in Australian and globally. Whilst shifts in economic factors such as employment security, consumer sentiment and business investments continue […]
Implementing Benchmark Analysis Improvements to your Client’s Business
Sometimes you’ll need to set a few progressive targets, to get a client from a ‘poor’ position, to a ‘best practice’ standard. Here is an example. Suppose you have a client who is a real ‘basket case’ of a business: too much stock; debtors don’t pay on time; the company doesn’t charge enough for their […]