Three pieces of advice from Australian businesses that started out during the GFC
Just like the people who run them, Australian businesses have been notoriously hardy in the face of adversity, including during the Global Financial Crisis (GFC) over 10 years ago when numerous Aussie SMEs fought through the economic hardship and created strong businesses that are still around today.
One such business started at the precipice of the GFC was none other than yours truly. SmartCompany was founded in early 2007 with the goal of providing a voice and invaluable news source for the small end of town, and has been dedicated to showcasing the best and brightest Australian small businesses ever since.
Last year to celebrate our 10th anniversary, we spoke with a number of other businesses who were also celebrating 10 years in business. Coincidentally, this means they also began their journey during the lead up to the GFC, and each had seen their fair share of wins and worries over their time.
Here’s some of the best advice for business owners they had after 10 fruitful years in business.
1. Learn how fast you should grow
Scaling is tough for small businesses, and even tougher for high-growth startups. Read more
Dominic Powell - Startup Smart - 21 Sep 2018