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Xero, the global small business platform, reports that late payments to Australian small businesses have seen an improvement. An analysis of hundreds of thousands of anonymised invoices by Xero Small Business Insights reveals a nearly 2.5-day decline in late-payment times in July across Australia. This is the biggest June-to-July drop in three years. Businesses waited […]
In this podcast episode, we interview and chat with Olivia Molesworth, who is the youngest female fintech entrepreneur in Australia at age 23. Olivia founded Bromleigh Capital last year when she identified a need for young Australian eCommerce startups to access capital in order to scale. Bromleigh Capital is the first ethical financier for eCommerce […]
Australia’s startup scene is booming. In fact, it is quickly becoming recognised as one of the most attractive countries in the world to launch a startup and was named fifth in the StartupBlink Startup Ecosystem Rankings 2019 report. Although the failure rate of 90% can be daunting, there are a number of ventures that make it past […]
In Australia, all employees are currently entitled to parental leave provided that they have worked for their employer for at least 12 months (this is slightly different for casual workers). This entitles employees to to 12 months of unpaid parental leave. As well as this, the government will give eligible employees who are the primary carer […]
Some of the most profitable and ultimately sustainable companies are focused on collaborating for the good of the community, rather than their bottom dollar line. Why? Well, it’s a reflection of society. The Australia Giving 2019 Report, recently released by Fundraising and Philanthropy in Australia, found that 35% of Australians have volunteered in the preceding […]
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell is seeking feedback on the Business Funding Guide. The guide, released in July by ASBFEO in partnership with Scottish Pacific Business Finance, is an industry-first publication primarily written for accountants, bookkeepers, brokers and other financial advisers, to help their small business clients find the right […]
Across Australia, workplace culture has become the number one driver for business performance and attracting staff. In fact, Forbes recently reported that the majority of the global workforce (94% of executives and 88% of employees) believe that a distinct corporate culture is vital to corporate success. Contrary to the media’s obsession with ‘top-down’ change, this […]
Errol McClelland, 62, is a former butcher and Victorian police officer, who three years ago launched a healthcare business based on Turmeric, which is now available in twelve countries with an annual turnover of $20million. Errol created health food brand TurmeriX after researching and developing a range of turmeric-based products, prompted by his own health […]
Forming healthy and efficient supply chain relationships is as important for small and medium businesses (SMBs) as it is for large enterprises, and small businesses are taking up emerging and automated technologies to ensure supply chain hygiene and an uninterrupted supply chain process. Relationships Maintaining and nurturing relationships with suppliers is critical, with on-time and […]
People are the key ingredient to make any good startup succeed. What is it that makes high performing people – whether it be founders, managers or employees underperform or even ultimately fail and not succeed? Consider a high-performance athlete. Someone like Usain Bolt is only expected to perform for 10 seconds in a month or […]
This week we asked business leaders what they’ve learned throughout their career; the highs and the lows, and importantly the lessons they have learnt from the journey. Sharing with you their first-hand stories on what has worked for them, we provide you with over fifteen expert commentaries on what you should do the first time […]
Small employers (those with 19 or less employees) need to get ready for Single Touch Payroll (STP) ahead of the 30 September start date. STP became mandatory for small employers from 1 July this year, however, the ATO granted an extension to businesses that needed more time to get ready until 30 September. Recent insights […]
Recently Dynamic Business attended Gartner’s ReImagine HR event in Sydney, where Silk Road Technology presented insights on the importance of successful onboarding for attracting and retaining talent. The research included in the talk also demonstrated the cost implications for a business or organisation that doesn’t have a good onboarding process in place. Silk Road Technology […]
Lizzy Pike is the co-founder of Face Halo, an only 2-year-old product that is changing the game of removing make up and pushing the sustainability movement on a global scale. With just a splash of water, the product removes all make up and dirt. In just a 12 month period, Face Halo has replaced around 370 million wipes […]
The pathways to success for Australia’s top 50 ASX-listed CEOs have been revealed for the first time, in the most detailed examination of who our corporate leaders are, and how the community ranks their performance. University choice, country of birth, average age, international experience, undergraduate degree, social media use and whether the CEOs were promoted […]
Xero data insights links Australian small business growth to technology spend. Call for small business to take a ‘first mover’ advantage to quickly adopt new technologies Warnings to avoid a digital divide between big and small business in Australia Xero, the global small business platform, has today released new data from Xero Small Business Insights […]
Should businesses be interested in cryptocurrencies? Do the pros of such influential cryptocurrencies such as Bitcoin really outweigh the cons? The crypto market has been around for just over a decade, and in that time it has continued to exist and thrive despite doubters and critics’ words of warnings. Some say that the entire market […]
Parkable, Australasia’s fastest-growing parking app, has raised NZ$4.6 million in its first significant funding round led by Spark, New Zealand’s leading digital services company. The funds will be used to increase Parkable’s dominance of New Zealand’s shared economy parking market, further develop its presence in Australia and China and explore new international markets. In […]
Cash flow is the lifeblood of any business. A decent cash flow allows a business owner to pay staff and suppliers, meet their tax office obligations on time and deal with operational expenses – as well as making money for the shareholders and providing the funds needed to grow. Despite this, it’s frightening how many […]
Jackie’s involvement in her family’s customer-centric automotive business for several years has later come to shape and inspired the emergence of her own successful company, Jackie Mack Designs. Her shift into the jewellery industry has been nothing short of successful since its relaunch in November 2018. Since launching, Jackie Mack Designs has continuously surpassed monthly targets with a […]
