Run your business

How to run a business for thirteen centuries.

Hōshi Ryokan, a hotel in Japan, is famous for being run by one family for 46 generations. 

What does it take to sustain a business over many years?

While Australian businesses are recent starters in comparison, the same principles of growth apply: how to keep driving to improve your operations, and how to find new ideas for products, services and markets.

But how will you mingle conservatism and flexibility? Can you embrace the new without getting carried away and sacrificing financial stability for what looks like an opportunity? It’s a tricky balance – but if sustained success came easy, every small business would have a 1,300-year run.

Read on for the information, tips and resources you need to be in business for the long haul.

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