Research* indicates that a large number of business owners, among them those in mining and resources, are planning to exit their businesses within the next five to 10 years. Importantly, findings also indicate that on average, getting exit-ready requires three to five-year lead time.
While getting the numbers right indicates where your business is now and enables you to develop your vision for the future, sound strategy is what will bring the vision you have your mining and resources business to life. Here we explore four effective business tools that provide the insights necessary for determining successful business strategy.
While there is no denying that COVID-19 has resulted in extreme ups and downs for all businesses, including those in mining and resources, it’s important to know that regardless of circumstances, proactive and informed business management is, and will always be, the driving force behind surviving and thriving. As we move into the so-called ‘new normal’…
It always pays for a business owner in mining and resources to be proactive, particularly towards the end of the financial year. While careful tax return preparation is important, the fact is, most tax saving mechanisms need to be implemented before 30 June. The earlier you can identify the issues, the more time you have…
