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As end of JobKeeper approaches, here’s two essential actions small business owners must master to survive 2020. This July sees one of the toughest starts to a new financial year in decades, with small business owners bearing the brunt of the impact. Scottish Pacific CEO Peter Langham said as business owners put together new contingency […]
It’s been almost 30 years since Australia last experienced a recession and almost 10 years since the country recorded a negative GDP growth, which was back in 2011 when the Queensland flooding and Cyclone Yasi hit. With the latest downturns in Australia’s quarterly GDP reports, as well as the economic effects of the pandemic, the future […]
Franchise businesses, although sharing many qualities with non-franchises, have their own unique ups and downs that come with the relationship of the existing brand and business model. There is support and systems in place, which can provide a great growth trajectory, but on the other side of that, it can lack the flexibility that entrepreneurs […]
Gen Z, born between 1996-2015, is the most Internet-dependent generation, with their digital fluency positioning them in firm first place in technology use across all generations. This was recently observed in the third annual, international study of Gen Z, conducted by The Center for Generational Kinetics and commissioned by WP Engine. Why Gen Z and their digital fluency […]
Australia needs to think about how to strengthen relations in the region so it benefits from trade in a COVID-19 world, says Professor Heng Wang, co-director of UNSW Law’s China International Business and Economic Law (CIBEL) Centre. The way forward for trade between Australia and China is through the Regional Comprehensive Economic Partnership (RCEP) alongside the […]
As we enter the new financial year, it’s clear the challenges of COVID-19 will be with us for at least several months more. Fortunately, there are technology solutions that can help small business during this difficult time. They can boost the likelihood of being paid promptly, reduce the compliance burden of tasks such as JobKeeper, […]
Dynamic Business and ELMO Cloud, HR & Payroll have partnered together to create a free ebook for business leaders and managers on how to manage all of the changes at work, and for navigating training and learning during this time – something that is of particular importance and relevance at the moment. The pandemic has […]
The new financial year has arrived, but the effects and financial difficulties of covid-19 are unfortunately likely to continue for a while longer. With that in mind, today we are discussing the best tips and strategies for leaders in terms of the best financial practices going forward. Now more than ever, it’s important to get to grips […]
Founder of Play Travel Andrew Paykel talks about his startup journey, the new partnership with Afterpay Ventures and working alongside payments giant Afterpay. It’s been a fantastic journey for Play Travel, in the 5 years since it first launched in Australia, as LayAway Travel, its attracted some major players in the industry and opened the […]
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 […]
