--- title: Bartercard Blog | Bartercard Updates | Bartercard Australia description: Bartercard Blog | Bartercard Updates --- ##### [Home](https://www.bartercard.com.au/) | [Bartercard Tourism](http://bartertourism.com.au/) | [Bartercard Property](http://www.bartercardproperty.com/) | [Bartercard Search](https://search.au.bartercard.com/) | [M](http://www.members.bartercard.com)[YBC](http://www.mybc.bartercard.com) [![logo](https://content.bartercard.com.au/hs-fs/hubfs/logo.jpg?width=233&name=logo.jpg)](https://www.bartercard.com.au/)     New Zealand International Australia United Kingdom Thailand UAE Cyprus PHONE 1300 BARTER         1300 227 837 ## Bartercard Australia ### Recent Posts ## [Common Causes for High Employee Turnover](https://content.bartercard.com.au/blog/common-causes-for-high-employee-turnover) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Mar 6, 2020 11:45:00 AM [![](https://content.bartercard.com.au/hubfs/High%20employee%20turnover.png)](https://content.bartercard.com.au/blog/common-causes-for-high-employee-turnover) One of the integral facets of achieving business growth and increasing profit is hiring a team of high-performing employees who can do the job efficiently. Hiring effectively is one of the most important [business growth strategies](https://www.bartercard.com.au/what-is-bartercard.html), but there’s still no guarantee that your current staff will stay with your company permanently. [Read More](https://content.bartercard.com.au/blog/common-causes-for-high-employee-turnover) Topics: [business strategies](https://content.bartercard.com.au/blog/topic/business-strategies), [Workplace productivity](https://content.bartercard.com.au/blog/topic/workplace-productivity), [unrealised potential](https://content.bartercard.com.au/blog/topic/unrealised-potential), [rewarding staff](https://content.bartercard.com.au/blog/topic/rewarding-staff), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Why You Should Consider Flexible Work Schedules](https://content.bartercard.com.au/blog/why-you-should-consider-flexible-work-schedules) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Mar 5, 2020 11:30:00 AM [![](https://content.bartercard.com.au/hubfs/Flexibile%20working.png)](https://content.bartercard.com.au/blog/why-you-should-consider-flexible-work-schedules) Thanks to a massive shift in technology, companies are starting to adopt flexible work arrangements for their employees. Companies are incorporating flexible work schedules, which involve giving employees the freedom to arrive and depart from work at varying times. This change in the professional landscape has proven to be beneficial for employers looking to [increase business profits](https://www.bartercard.com.au/what-is-bartercard/how-to-use-bartercard.html). Even human resources professionals are supporting the initiative; urging more employers to bolster their efforts towards this kind of set-up. Here are the main reasons why you should welcome flexible work schedules. [Read More](https://content.bartercard.com.au/blog/why-you-should-consider-flexible-work-schedules) Topics: [increase profit](https://content.bartercard.com.au/blog/topic/increase-profit), [customer loyalty](https://content.bartercard.com.au/blog/topic/customer-loyalty), [rewarding staff](https://content.bartercard.com.au/blog/topic/rewarding-staff), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Has Your Business Achieved Financial Freedom?](https://content.bartercard.com.au/blog/has-your-business-achieved-financial-freedom) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Mar 4, 2020 11:21:00 AM [![](https://content.bartercard.com.au/hubfs/Financial%20freedom.png)](https://content.bartercard.com.au/blog/has-your-business-achieved-financial-freedom) Owning your own business is widely recognised as one of the best ways to achieve financial freedom. With the right knowledge and skills, you can cultivate a successful business, hire staff to help it grow and put your money to work for you. That said, starting your own business is by no means a guaranteed path to success. By tying your fortunes to the success of your business, you are naturally shouldering a higher burden of risk than you would if you merely collected a pay cheque from someone else’s business. [Read More](https://content.bartercard.com.au/blog/has-your-business-achieved-financial-freedom) Topics: [increase cash flow](https://content.bartercard.com.au/blog/topic/increase-cash-flow), [attract new customers](https://content.bartercard.com.au/blog/topic/attract-new-customers), [save cash](https://content.bartercard.com.au/blog/topic/save-cash), [build business networks](https://content.bartercard.com.au/blog/topic/build-business-networks), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Inventory Turnover Ratio - Moving Your Business Forward](https://content.bartercard.com.au/blog/inventory-turnover-ratio-moving-your-business-forward) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Mar 3, 2020 11:13:52 AM [![](https://content.bartercard.com.au/hubfs/Inventory.png)](https://content.bartercard.com.au/blog/inventory-turnover-ratio-moving-your-business-forward) Running a business requires up-to-date inventory management. When the demand for your products or services is high, you need an accurate inventory ledger to ensure production is meeting consumer demands. Conversely, when demand is low, business owners need to slow down production to prevent [excess stock](https://www.bartercard.com.au/bartercard-business-tips/sell-excess-stock.html) accumulating, as that risks destabilising inventory. Luckily, a few simple metrics can help you accurately measure your inventory so you can determine your business' production rates over time. We discuss what inventory turnover ratio is, its importance, and how it can help stabilise your inventory and improve business cash flow. [Read More](https://content.bartercard.com.au/blog/inventory-turnover-ratio-moving-your-business-forward) Topics: [clear excess stock](https://content.bartercard.com.au/blog/topic/clear-excess-stock), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Five Ways to Increase Online Sales for Your Business](https://content.bartercard.com.au/blog/five-ways-to-increase-online-sales-for-your-business) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 26, 2020 10:31:58 AM [![](https://content.bartercard.com.au/hubfs/Online%20sales.png)](https://content.bartercard.com.au/blog/five-ways-to-increase-online-sales-for-your-business) It’s no secret that online sales are quickly overtaking those made over the counter. Customers love the convenience of shopping from their office, at home, and on the go. If you’re not building your e-commerce presence, you’ll find your business will be left behind. [Read More](https://content.bartercard.com.au/blog/five-ways-to-increase-online-sales-for-your-business) Topics: [growing your business](https://content.bartercard.com.au/blog/topic/growing-your-business), [small business owner](https://content.bartercard.com.au/blog/topic/small-business-owner), [increase cash flow](https://content.bartercard.com.au/blog/topic/increase-cash-flow), [small business](https://content.bartercard.com.au/blog/topic/small-business), [attract new customers](https://content.bartercard.com.au/blog/topic/attract-new-customers), [build business networks](https://content.bartercard.com.au/blog/topic/build-business-networks), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Three Helpful Tips to Prevent Email Overload](https://content.bartercard.com.au/blog/three-helpful-tips-to-prevent-email-overload) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 26, 2020 10:09:21 AM [![](https://content.bartercard.com.au/hubfs/Email%20overload.png)](https://content.bartercard.com.au/blog/three-helpful-tips-to-prevent-email-overload) Emails are a necessary part of everyday business communication. They can also be a major distraction that eats up your time and negatively affects your productivity. With emails now on your phone, it’s even easier for your attention to be hijacked by the ‘ping’ of every notification, losing valuable time that should be spent growing your business and [getting more customers](https://www.bartercard.com.au/what-is-bartercard/benefits-of-bartercard.html). [Read More](https://content.bartercard.com.au/blog/three-helpful-tips-to-prevent-email-overload) Topics: [business strategies](https://content.bartercard.com.au/blog/topic/business-strategies), [small business](https://content.bartercard.com.au/blog/topic/small-business), [business blog](https://content.bartercard.com.au/blog/topic/business-blog), [business needs](https://content.bartercard.com.au/blog/topic/business-needs), [marketing](https://content.bartercard.com.au/blog/topic/marketing) ## [Four tips to take your Business further in 2020](https://content.bartercard.com.au/blog/four-tips-to-take-your-business-further-in-2020) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 19, 2020 11:00:06 AM [![](https://content.bartercard.com.au/hubfs/Take%20your%20business%20further%20in%202020.png)](https://content.bartercard.com.au/blog/four-tips-to-take-your-business-further-in-2020) With 2020 comes a new decade, and with it, a new range of challenges every successful business must overcome to [increase sales](https://www.bartercard.com.au/what-is-bartercard/how-bartercard-works.html) and grow their customer base. How can you set your business up for success, while also setting yourself apart from your competition? Here are some tips from Dr. George Day, a marketing expert at the University of Pennsylvania. [Read More](https://content.bartercard.com.au/blog/four-tips-to-take-your-business-further-in-2020) Topics: [clear excess stock](https://content.bartercard.com.au/blog/topic/clear-excess-stock), [attract new customers](https://content.bartercard.com.au/blog/topic/attract-new-customers), [save cash](https://content.bartercard.com.au/blog/topic/save-cash), [trade exchange](https://content.bartercard.com.au/blog/topic/trade-exchange), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [business needs](https://content.bartercard.com.au/blog/topic/business-needs), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) ## [Nine Top Tips for Building a Strategic Partnership](https://content.bartercard.com.au/blog/nine-top-tips-for-building-a-strategic-partnership) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 19, 2020 10:52:03 AM [![](https://content.bartercard.com.au/hubfs/Strategic%20partner.png)](https://content.bartercard.com.au/blog/nine-top-tips-for-building-a-strategic-partnership) Finding business partners that share similar markets to you can help you leverage your business, [increase business profits](https://www.bartercard.com.au/what-is-bartercard/how-bartercard-works.html), and expand your customer base. The problem is many business owners are scared off by the statistics - at least 50% of partnerships fail in the first 2-3 years! That’s enough to make any business owner decide to tough it out alone. [Read More](https://content.bartercard.com.au/blog/nine-top-tips-for-building-a-strategic-partnership) Topics: [growing your business](https://content.bartercard.com.au/blog/topic/growing-your-business), [strategy](https://content.bartercard.com.au/blog/topic/strategy), [small business](https://content.bartercard.com.au/blog/topic/small-business), [trade exchange](https://content.bartercard.com.au/blog/topic/trade-exchange), [build business networks](https://content.bartercard.com.au/blog/topic/build-business-networks), [networking](https://content.bartercard.com.au/blog/topic/networking), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars), [marketing](https://content.bartercard.com.au/blog/topic/marketing) ## [Product Range: Is it better to specialise or diversify?](https://content.bartercard.com.au/blog/product-range-is-it-better-to-specialise-or-diversify) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 17, 2020 10:34:00 AM [![](https://content.bartercard.com.au/hubfs/Specialise%20or%20diversify.png)](https://content.bartercard.com.au/blog/product-range-is-it-better-to-specialise-or-diversify) It’s an age-old dilemma. Diversifying your product range can help you meet a broader range of customer demands, but will it spread you too thin? Devoting your resources and energy to a narrower product range may ensure greater quality, value, and market share, but do you risk putting all your eggs in one basket? [Read More](https://content.bartercard.com.au/blog/product-range-is-it-better-to-specialise-or-diversify) Topics: [attract new customers](https://content.bartercard.com.au/blog/topic/attract-new-customers), [save cash](https://content.bartercard.com.au/blog/topic/save-cash), [build business networks](https://content.bartercard.com.au/blog/topic/build-business-networks), [branding](https://content.bartercard.com.au/blog/topic/branding), [unrealised potential](https://content.bartercard.com.au/blog/topic/unrealised-potential), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [business needs](https://content.bartercard.com.au/blog/topic/business-needs), [customer loyalty](https://content.bartercard.com.au/blog/topic/customer-loyalty), [marketing](https://content.bartercard.com.au/blog/topic/marketing) ## [Short-Term Goals to Aid Your Long-Term Business Vision](https://content.bartercard.com.au/blog/short-term-goals-to-aid-your-long-term-business-vision) Posted by [Bartercard Australia](https://content.bartercard.com.au/blog/author/bartercard-australia) on Feb 14, 2020 1:30:00 PM [![](https://content.bartercard.com.au/hubfs/Short%20term%20goals.png)](https://content.bartercard.com.au/blog/short-term-goals-to-aid-your-long-term-business-vision) Businesses set long-term goals to help them measure their success. However, as a business owner, you must also set attainable and specific short-term goals that support the bigger picture. Invest time to create scalable plans that will accelerate your business along the path toward your long-term vision. Here are examples of short-term goals, which can pave the way towards achieving your long-term objectives. [Read More](https://content.bartercard.com.au/blog/short-term-goals-to-aid-your-long-term-business-vision) Topics: [strategy](https://content.bartercard.com.au/blog/topic/strategy), [small business](https://content.bartercard.com.au/blog/topic/small-business), [goals](https://content.bartercard.com.au/blog/topic/goals), [increase sales](https://content.bartercard.com.au/blog/topic/increase-sales), [business needs](https://content.bartercard.com.au/blog/topic/business-needs), [customer loyalty](https://content.bartercard.com.au/blog/topic/customer-loyalty), [trade dollars](https://content.bartercard.com.au/blog/topic/trade-dollars) [Next](https://content.bartercard.com.au/blog/author/bartercard-australia/page/2)   ### Most Popular Posts [![Attract New Customers](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/1651106/6c22dcdf-2a07-4412-9268-9aa172b51157.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/1651106/6c22dcdf-2a07-4412-9268-9aa172b51157) ### Subscribe to our Blog [![Contact Bartercard Australia](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/1651106/a54566f4-a29f-4bd8-8d19-2675ca7975b5.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/1651106/a54566f4-a29f-4bd8-8d19-2675ca7975b5) © 2019 Bartercard Australia Pty Ltd. 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