Have you ever wondered what constitutes a sustainable business?
I’m not talking about a business that follows green eco-friendly principles, although I’m sure that could be relevant. I mean a business that lasts beyond the statistics.
It has been on my mind a lot over the past year or so, particularly when I speak to fellow small business owners who are battling the vicious cycle of late-paying clients, which then stops their cash flow and affects their staff and contractors.
Anyway, enough doom and gloom. Last month Roy Morgan Research released figures showing business confidence was up. About time! I wonder if the business owners surveyed had been thinking about the ways they could innovate to ensure their sustainability?
I am hoping to pick up a few tips on this subject at an upcoming event for International Women’s Day. Women on Focus is presenting Celebrating Women Building Sustainable Business at Stillwater on March 15. Will I see you there?
What makes your business sustainable?