Zoe's Business Solutions

 Hey people, I had not imagined that I will have to start saving the day I start earning from my business. My mentor told me that it was necessary to make sure that I did not go bankrupt in case of an unexpected expense that required huge capital. I was wondering if it was even necessary, but the pandemic came around and things changed overnight. I had to rely on government grant and support and take a loan to sustain the business. It was then that I realised the importance of having a cash reserve that acts as an emergency fund. Here is an article that will help you understand everything about cash reserves in a better way. https://www.business2sell.com.au/blogs/strategy/ways-of-building-cash-reserves-for-a-small-business

 As a young teenager, Hayden Brass familiarised himself with the Kunzea plant while working alongside his parents at Launceston’s Saturday markets. With locals claiming it to be a ‘wonder oil’, the plant piqued his curiosity in the following years and led him to research its medical potential. After finishing university where he studied commerce and marketing, his interest would kick into high gear as he spent time with compounding pharmacists and TGA consultants to formulate a Kunzea pain relief cream over the course of a year. Read More: https://www.businessnewsaustralia.com/articles/kunzea--the-native-australian-plant-helping-health-and-wellness-company-zea-go-global.html

 Billionaire Mike Cannon-Brookes has won a major battle against Australia’s biggest energy company, AGL Energy, thwarting its plan to split up the company’s coal-heavy generation and power distribution assets. AGL’s board announced it was dumping its demerger proposal yesterday. Heads have rolled too. Chief executive Graeme Hunt, chairman Peter Botten and non-executive director Jacqueline Hey have resigned. Another director, Diane Smith-Gander, will go in August. But it remains to be seen if Cannon-Brookes and his allies can achieve their ultimate goal – to force AGL, Australia’s biggest carbon emitter, to accelerate the closure of its coal and gas-fired power stations. Read More: https://www.businessnewsaustralia.com/articles/agl-buckles-before-mike-cannon-brookes---what-s-next-for-the-other-shareholders-.html

 Microbiome health company Biome Australia (ASX: BIO) has signed a deal with Priceline Pharmacy Group to sell its core range of activated probiotics across 370 pharmacies, taking its distribution footprint to roughly 3,000 stores across Australia. The agreement represents a 50 per cent boost to Biome's distribution network since listing last November as it looks to grow its presence in a probiotics market that is estimated to be worth $450 million. Priceline, which is backed by both API and its new owner Wesfarmers group (ASX: WES), will initially place an allocation in its stores in June and July to tie in with its launch of the inaugural health masterclass education series. Read More: https://www.businessnewsaustralia.com/articles/biome-seals-distribution-agreement-with-priceline.html

  Creating a startup, or managing any business, is all about problem solving. Some people are good at it and some are not – independent of their IQ or their academic credentials (there may even be an inverse relationship here). Yet I’m convinced that problem solving is a learnable trait, rather than just a birthright.  Entrepreneurs who are great problem solvers within any business are the best prepared to solve their customers’ needs effectively as well. In fact, every business is about solutions to customer problems – no problems, no business. Problems are an everyday part of every business and personal environment.  Thus it behooves all of us work on mastering the discipline of problem solving. READ MORE :-   https://www.businessinsider.com/nine-steps-to-effective-business-problem-solving-2011-7?IR=T