First 5000 is a business network for Australia's most significant mid-sized companies. It's a vehicle to connect and network with local and international big business as well as policy makers and each other.
Small business has been a way of life for my family for as long as I can remember. My dad set up a small building company the year I was born, my son bought his first business 12 months ago, my daughter runs her own business, and over the years I’ve owned a number of small enterprises myself.
I know all about the long hours, the stress and the uncertainty that comes with operating a small business. I also know how satisfying it is to see your hard work pay off, and the measures outlined in the federal Budget go a long way to helping small-to medium-sized enterprises (SMEs) around the country experience the satisfaction and pride of building a business and watching it thrive.
They say the only thing that is constant is change, and nothing changes more than our globalised economy. For managers, being on the forefront of change and accepting it with open arms can be the key element that separates the wheat from the chaff.
The more adaptable and agile a business can become, the more likely it is to succeed, and what gives businesses the ability to be adaptable stems from its managers.