Strategic Economic Solutions (SES) works with both small business and organisations who work with small business to cultivate entrepreneurship in individuals, as well as, more generally in the community. We also work with policy makers at all levels of government to help cultivate a more entrepreneurial and vibrant business environment. In this section of our web site you'll find information and resources based on our experience working with individuals and organisations both nationally and internationally.
Since 1999 SES has worked closely with CREEDA Projects on over ten feasibility studies for business incubators and/or business support centres around Australia and internationally.
All of our feasibility studies include a comprehensive assessment of market demand, financial viability, management issues and critical success factors. An overview of specific incubation projects can be found in our list of completed projects.
A key driver of Australia’s economic growth during the 1990s was the enthusiasm shown by businesses and governments both large and small for outsourcing a wide range of components of their operations.
The kind of work Australians do also changed dramatically during the 1990s. The outstanding feature was the growth in the number of people working in Property and Business Services – and 90% of these were in the Business Services part. This industry sector underpinned business formation and employment growth in Australia during the 1990s. It includes businesses like accountants, lawyers, IT professionals, graphic designers, marketing consultants, and business advisers. Its employment almost doubled in Victoria over the decade, and the story is similar in other states.
From early 2000 the growth in this industry sector slowed, and we have been researching to find what will be the next small business hot spot - the next driver of small business formation and growth. For more information on what we have found and on what we are predicting, have a look at www.smallbusinessfutures.com.au
From time to time we have provided training for mangers of potential or new incubators. Recently, for example, we undertook training for incubator managers in Nepal and Iran. More information on these projects can be found in our list of completed projects.
Research into Entrepreneurship
Our work with small businesses lead us to look at the similarities and differences between small businesses and entrepreneurs. Over a number of years we have looked at the characteristics of entrepreneurs, with special emphasis on women and young people. General characteristics that we have found suggest that entrepreneurs are:
Interestingly our research on young people suggests that there are similarities between characteristics of entrepreneurs and young people operating business while they are still at school, and these entrepreneurial traits are also characteristic of 'trouble makers' in the classroom!
We have used this research to develop a range of tools for stimulating and supporting entrepreneurs including the Springboard Program and the Small business futures workshops.
Much of our research has been published and is publicly available. See our publications section for more information.
Small Business Futures Workshops
Between August 2005 and July 2006, SES has delivered over 45 workshop across Eastern Australia to over 1,500 enthusiastic small business operators!
Workshop dates and more information about Small Business Futures is available from www.smallbusinessfutures.com.au