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Insufficient cash flow means lost opportunities Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half (46 per cent) of Australian small business owners have been at risk of being unable to pay their employees1 More than a quarter (26 per cent) of Australian small businesses that […]
Leading small business invoicing app, Invoice2go, has taken a deep dive into the similarities and differences in male and female work ethics and motivations to answer the question: Do we work differently? Is turning a profit or helping people a better measure of a successful business? Is pursuing a passion project or the freedom and autonomy of […]
This week we opened a discussion around CEOs and the key characteristics they should possess in order to lead effectively and to be exceptional in their role. Although the list may be long, we have asked experts to focus their opinion to just 5 key traits, giving an overall summary of what they feel is […]
It’s easy to feel like the odds are stacked against you in an interview. Even the most talented people succumb to nerves and struggle with communicating how capable they are. Although it’s very much the candidate’s job to shine, employers have a big role to play in getting the most out of their prospective employees […]
Organisations with projects that empower NSW women and improve their wellbeing can now apply for a share of $400,000 from the NSW Government. Minister for Women, Bronwyn Taylor invited organisations across the State to apply for the funding under the latest round of Investing in Women grants. “As the new Minister for Women in NSW, […]
Compared to just five years ago, jobseekers’ salary expectations are a lot higher 76% of Australian hiring managers say jobseekers are more demanding when it comes to their remuneration package. 58% respectively say jobseekers expect higher base salaries and bonuses than what is being offered. After several years of slow wage growth, independent research commissioned by […]
Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated to collectively spend over $20B a year on admin and payroll Half of small business owners also willing to sacrifice wellbeing Reckon launches hub to help small business owners get ‘in the […]
Decinda MacDonald was three years in to building her event planning business Event Society when she found out she was pregnant. She’d started the business in 2012 after she and her husband sold their house to clear debts and raise capital. While she’d been making progress, the business was not prepared for a major disruption. […]
Rebecca Klodinskly is the designer and director behind Aussie swimwear sensation FRANKII SWIM which in five short years has become a highly sought-after and internationally recognised brand. Thanks to celebrities such as Kylie Jenner, Bella Hadid and Rihanna the label has quickly created a cult following of loyal customers. The brand shot to stardom after these […]
Liberal Democrats Senator Duncan Spender has slammed the Australian Tax Office for its mistreatment of small businesses, as exposed by the Australian Small Business and Family Enterprise Ombudsman. “Unfortunately the Ombudsman has confirmed what I already suspected: that the taxman is enforcing its debt recovery actions on small businesses, despite appeals processes still taking place,” […]
Business meetings: face-to-face versus digital, where is the real value? In a digital world, with so many digital meeting platforms available and with many new digital consumer experiences emerging, it’s easy to see why this question is so relevant right now. There is arguably no longer a need to meet face-to-face or to be in the same […]
How do you currently spend your workday? Like most people, the first thing you likely do is open your email and see what pops up. Then, before you know it, it’s 1pm and you’re still responding or reacting to requests, in between rushing from meeting to meeting, which means your ‘real work’ gets left to […]
There’s almost $140 billion floating in the Australian economy through the not-for-profit sector, yet a lack of corporate expertise has been identified as a key risk to the industry in the face of challenging business conditions. Business advisory firm Fifth Eagle says just because you manage a not-for-profit doesn’t mean that you are immune to […]
I’ve noticed something dramatic occurring in my field of work. As a facilitator of change for teams and individuals I used to be invited to spend several days with teams over a year or more to undertake long term engaged learning that was face to face. People wanted to sit together in a room and […]
Ask any established business owner/manager if they have a marketing budget and you will hear a resounding “Yes”. It’s an essential part of their growth strategy and keeping connected to their market. The average marketing budget ranges from 3-8% of revenue, however, many forget the employment costs of marketing managers and sales people which adds […]
Design is more than just a pretty font and it can’t be just an afterthought. Instead, it’s a quintessential element of product strategy, inextricably linked to business success, that must be considered from day one. If I told you that the best startup idea in the world would fail in today’s internet age without design […]
Amy McWaters is the COO of The Hamper Emporium and is responsible for the day-to-day operations and logistics of the company, while ensuring customer satisfaction. On top of that, she is also the COO of SOL Group Australia, Australia’s leading online gifting company. Amy draws on her expertise and experience to share her insights for scaling […]
Does innovation only lie within the tech space? Tech innovation is often in the media headlines as we see industries adapting to new technologies and moving their processes towards digitalisation. We’re often discussing the question of whether businesses will embrace technology innovation or not, and what the repercussions might be of choosing either option. It’s easy to […]
Byline: Robert Tadros, CEO and founder of Impressive Digital News that Facebook is changing its algorithms to favour users’ friends posts over businesses caused many organisations to rethink the platform as a marketing tool. My advice is not to change the channel: these tweaks are worth getting to know so you can maximise your spend […]
Cybercriminals are targeting businesses with a new scam that uses fake invoices to trick the business into paying money to the scammer. The invoices look legitimate and are often sent from a legitimate-looking email address, making it difficult for busy finance teams to spot the fakes. According to the ACCC’s Scamwatch, Australian businesses lost $2.8 […]
