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With speculation that hundreds of businesses – dubbed ‘zombie businesses’ – are being propped up by Government stimulus and will potentially fold in September, new figures suggest that the problem could we bigger than we anticipate. New research reveals: 62 per cent of SME business owners have been on the brink of folding their businesses […]
With the ongoing uncertainty caused by COVID-19, 2020 is shaping up to be one of the worst years on record economically, and Australian startups are particularly feeling the pinch as many investors withdraw funding. However, a silver lining, perhaps, is that the pandemic poses an opportunity for startups to challenge bigger businesses and to grow, adapt […]
Running a business of course comes with legal responsibility, but knowing what’s required and how to comply with law can be difficult, particularly for many smaller businesses that don’t have the resources, budget or in-house team for legal support. The coronavirus pandemic has emphasised how hard it can be for businesses to navigate legal changes […]
The JobKeeper scheme has done incredibly well in terms of protecting many jobs and livelihoods, but it fails to address the looming problem of incoming redundancies and folding businesses. COVID-19 has significantly changed the business landscape. September (when the scheme ends) will look extremely different to this year’s February, which now seems to be in […]
Zinc is usually – pre-COVID – a global marketing company that caters for clients such as Disney, ANZ and JetStar. In the COVID-19 disruption, with marketing spend halted for many businesses and sectors, Zinc pivoted to become a global PPE supplier instead. The team created ZincProtect in order to meet the global demand for PPE in […]
The CEO of a national workforce management company is calling on Australian employers to rethink the need for their people to be sitting in an office five days a week, instead focusing on what individual workers need to achieve without a set time allocated. APG Workforce CEO Glenn Redman says his organisation has employed many […]
The newest podcast episode on Dynamic Business interviews Monica Watt, Chief Human Resource Officer at ELMO Cloud HR & Payroll, where she shares her knowledge and expertise in navigating the new workplace learning, which has been heavily influenced by the COVID-19 impacts. Huge transformation is happening in the way we work. Due to COVID impacts, leaders and managers […]
Founder Michelle Hu takes us through the how and why she dropped her successful career in finance to launch her beauty startup, Etoile Collective, which became a huge success from 100% organic growth. In late 2016, months before I was to start as a graduate at an investment bank, I launched Etoile Collective: a beauty […]
A lot of businesses will need to pitch for investment from the likes of venture capital funds, banks or angel investors at some point on their growth trajectory. However, many founders and entrepreneurs are unfamiliar with the pitching process, as well as the pros and cons of working with different investors. Today we are aiming […]
The JobKeeper scheme has confused many employers and business owners since it was introduced, and now the confusion centres around asking employees to return to the workplace, mainly due to people’s coronavirus Health & Safety concerns. Perhaps the discomfort with returning to work is also somewhat due to people’s new preference to work remotely, or to continue […]
Since the launch of the government’s SME guarantee scheme for small businesses suffering from the knock-on effects of COVID, we’ve seen how important it is to provide a financial lifeline to Australia’s SMEs in the wake of the pandemic. It’s not just in the interest of business owners and their employees; now more than ever […]
More than half of Australians (52%) feel uncomfortable about returning to the workplace right now, with the vast majority (93%) of people saying it is important that they are allowed to work remotely at any point if they feel unsafe. This is the key finding from Qualtrics’ Return to Work & Back to Business Study, […]
Australian SMEs are concerned about the impending recession, with business confidence plummeting to new lows, according to the ‘Canary in the Coal Mine’ report released today by Prushka Fast Debt Recovery. The bi-annual survey of nearly 500 Australian small business operators revealed only 22 per cent of SMEs are confident in the state of their […]
A new Brain Power webinar series will help NSW startups and small businesses deal with workplace issues and boost their resilience during COVID-19. Launched by the Sydney Startup Hub in partnership with coaching company Vitae, The Brain Power Series provides 12 weeks of online neuroscience workshops to support people with their business growth and wellbeing. […]
There are different leadership strategies that business leaders use to drive their teams and organisations forward. According to the varying preferences, personalities and values of each leader, their strategies will differ slightly. Is it a case of being more autocratic, or is it being more democratic, that is preferable, for example? Each style comes with […]
Fintech Unicorn Airwallex seems to continue to go from strength to strength; the startup managed to complete its largest funding round (US$160M) mid-pandemic and has recently introduced WeChat Pay as part of its payment options, opening up the Asian marketplace to Australian business. The Melbourne-founded global leader was also recently recognised – in November last […]
Vu Tran, co-founder at Go1, talks us through why he thinks startups and digital transformation will be key in the economic recovery from COVID-19 in Australia. It would be an understatement for me to say that COVID-19 has changed the world and indeed the way many of us live. In Australia, though tragic in terms […]
JobKeeper is the definition of policy made on the run. At the time, it was very important to roll something out quickly to cushion the full brunt of the economic fallout of COVID-19. However, now that the scheme has been running for a few weeks, and with recent developments around the scheme’s true cost, there […]
If you’re confused about the changes to commercial rent guidelines, you’re not alone. With the Federal Government forced to create policy on the run to stem the tide of a full-blown economic crisis, things have been changing very quickly and there has been some confusion. Here are some of the main questions we’ve been hearing […]
Marketing is a huge topic in itself and the question on every business leader’s and business owner’s mind is ‘What is the best marketing strategy for me/ us?” It could quite literally be a million-dollar question, and it’s quite right that business leaders should have this at the top of their priority list. You could […]
