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Online purchases continue to grow with more Australians shopping online than ever before. New research from Australia Post indicates total purchases topping $21.3 billion for the first time, a 18.7% increase compared with 2016 with local retailers accounting for more than 80% of the total spend. Australia Post today released its annual Inside Australian Online […]
In a perfect world, suppliers would prefer to be paid cash up front. However, in reality, the world works on credit. Trade credit is inevitable and so is the debt that comes with it. For most businesses, trade credit is essential for growth as businesses don’t have to pay suppliers on the spot but rather with […]
Sydney based startup, Seaquatix, proves that entrepreneurial inspiration can strike anywhere, anytime – even while snorkeling off the coast of Asia. Seaquatix is the brainchild of founders Aprille Lim and Max Mabeka who have developed waterproof cases for phones and valuables using thermoplastic polyurethane (TPU) technology and a patented lock system. “Max and I were […]
Thinking about starting a business? Well before you take the plunge, ensure you have a plan and understand your finance options. In this week’s Let’s Talk we ask financial experts about the finance traps and pitfalls of starting a business, such as putting your home up as security, over-estimating revenue, forgoing insurance and borrowing money you […]
The ACCC is warning investors to be wary of scammers after its 9thannual ‘Targeting scams report’ revealed that Investment scams had increased by more than 8 per cent, costing Australians $64 million in 2017. This week marks Scams Awareness Week 2018 and ACCC Deputy Chair Delia Rickard warns that ‘some scams are becoming very sophisticated […]
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces […]
MYOB has teamed up with BPAY to offer a new invoice payment method, which was rolled out to MYOB customers last week (May 15), allowing businesses to get paid up to four times faster. MYOB Head of Product Marketing, Kim Owen-Jones said that giving customers the choice of BPAY as a payment method would provide […]
An integrated cloud-based business platform will revolutionise and simplify accounting, payroll, banking and daily operations for Australian small and medium businesses from July 2018. Combining the business expertise and software development teams of KPMG Australia (business advisory), CBA (banking) and Microsoft (technology platforms), Wiise is targeting SMEs that see themselves as having more complex needs […]
As a business owner, you have many demands on your time. Chances are that you will have to worry about sales, costs, staff, regulations, cash-flow and customer satisfaction, to name but a few. This means that checking utility bills and comparing energy plans may not be at the top of your to-do list. But what […]
The long-term solution to women being underrepresented in Science, Technology, Engineering and Mathematics (STEM) lies in fostering gender equality in the classroom, according to Sarah Moran, co-founder and CEO of social impact business Girl Geek Academy. The Melbourne-based marketer, unapologetic geek and “Let’s Talk…” contributor spoke to Dynamic Business about the barriers women face […]
Since the inception of the World Wide Web in 1991, technology, business and daily life has changed significantly. Who would have thought that billions of people across the globe would conduct business from the palm of their hand? And with technology rapidly advancing and more and more people seeking flexible work arrangements, it’s no wonder […]
Seeing Machines has gone from strength to strength since 2000, when the business was founded as part of an association with Australian National University. Today it is at the forefront of driver monitoring technology and has more than 200 staff and operations across the world; including the US, the UK, South America, Europe and in […]
I’m a firm believer that if you micro-manage or clock watch an employee, you’re setting them up to deliver the bare minimum. I’ve had it done to me. I’ve found myself sitting in front of a disgruntled manager, trying to explain why I was 10 minutes late back from lunch. They were not sympathetic to the […]
The world is in midst of the ‘Fourth Industrial Revolution’, an era characterised by an avalanche of digital innovations changing what customers expect from businesses. In the realm of small business, operators are having to embrace technologies like the cloud, social, mobile, and artificial intelligence (AI) to find, win and retain today’s consumers –more connected […]
When local companies rely on imported imagery to speak to “the world’s best BS detectors” (i.e. Australian consumers) they risk eroding their brand loyalty and support, warn the designers behind stock photography startup Austockphoto. Co-founded by Claire Bonnor and Kassandra Hunt, the entrepreneurial duo behind Sydney-based design agency Boheem, Austockphoto is a stock photography library […]
To lay the foundations for future success, the are some key boxes all startups need to tick in the early growth stages, regardless of the nature of their business. Having participated in Y Combinator’s seed accelerator program, my co-founders and I gained some fantastic insights that helped put our edtech startup GO1 the right track right from […]
In this article, we look at the key take-aways from this year’s Federal Budget for Australia’s small businesses and startups. In addition, readers will discover how dozens of thought leaders responded to this week’s “Let’s Talk…” question, which asked them to weigh-in on the budget – was it a win for businesses, a missed opportunity… […]
Deloitte and Google Australia have released their Outstanding 50 LGBTI Leaders list for 2018 to promote workplace inclusion and role models for LGBTI workers. The 2018 list comprises public figures across the corporate and public sectors, politicians, government officials, and business people from small, medium and large companies. There are 24 women and 26 men on […]
Combining their expertise in marketing and pharmaceuticals, Queensland father/daughter duo Glenn and Pip Summerville have wasted no time in taking to the global stage with their natural elixir company. In the space of 18 months, Tonik has achieved 250% sales growth and successfully courted international stockists such as Gwyneth Paltrow’s Goop. Pip Summerville, who […]
Obtaining finance can be challenging for any business but it is an acute difficulty for micro and small businesses in their start-up phase. Having the Best Business Idea in the World won’t necessarily be enough to convince sceptical, risk-averse banks to approve a loan, especially if the business owner doesn’t have a proven track record […]
