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World business data, reports and review.
Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them. Business, that's easily defined - it's other people's money.
A cheap place to do business.
Do you know that Australia has been ranked the fourth most competitive place to do business behind Mexico, Canada and the United States?
Not only that, Melbourne also triumphed over Sydney as the most competitive big city in Australia. The study has been conducted by KPMG Competitive Alternatives Survey. compared business costs in 10 countries and 136 cities and showed Australia was one of the cheapest countries in the industrialised world to base a business.
KPMG chief executive Geoff Wilson said Australia was an excellent base for business given its distinct cost advantage. Here are some facts about Australia that you should know:
1. Australia ranked number two for manufacturing costs, had the third most competitive transportation costs and the fourth cheapest labour costs of the countries surveyed.
2. Melbourne was named the most competitive of Australia’s large cities, while Adelaide was rated as the most competitive medium-sized city in Australia.
Now you know how great Australia isn’t it?
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. One more thing is in the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Remember, a business that makes nothing but money is a poor business.
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