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You’ve probably heard the phrase ‘fail fast and fail often’, the idea being that you’ll learn a lesson and bounce back stronger each time.
While trial and error can often create new opportunities to grow, there are some mistakes that have the potential to seriously hinder your success.
Here are five mistakes to avoid when running a business.

In its Statistics on Australian Government Procurement Contracts, the Australian Government reveals that it published 92,303 procurement contracts with a combined value of $80.8 billion in 2021-22.

Out of these contracts, $24.9 billion or 30.8% were awarded to small and medium enterprises (SMEs).

Putting together a good tender proposal takes time, thought and meticulous preparation.
As the saying goes, the devil is in the details. One small oversight can result in a bid being rejected immediately

Read on 7 important things to check when bidding for a tender.

Tens of billions of dollars’ worth of contracts are published by the private and public sectors every year. This provides a massive income potential for businesses, even if you operate in a small or medium-sized company.