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Ahead of the release of the 2018-19 Federal Budget on Tuesday (8 May), Dynamic Business spoke to a cohort of startup advocates about the measures they hope to see from the Turnbull Government. In this article, the first in a two-part series, Sarah Moran (Girl Geek Academy), Beau Leese (Intersective), Mick Spencer (ONTHEGO), Bridget Loudon […]
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 […]
Beauty and wellness booking platform Bookwell has completed a $1.25 million funding round led by Gabby and Hezi Leibovich, founders of homegrown ecommerce pioneer Catch Group, with a contribution from Jeremy Same and Adam Schwab, founders of Luxury Escapes. [Related: EatNow founders have raised $2.6m to launch “Menulog for beauty and wellness” Bookwell] The brainchild of […]
The permanent continuation of the $20,000 instant asset tax write-off scheme for businesses with up to $10million in annual revenue tops the Federal Budget wish list of Australia’s SMEs, according to research undertaken by MYOB. Originally set to conclude after 30 June 2017, the scheme was extended until 30 June 2018 by the 2017/18 Federal […]
At the core of any business is solving a problem. And the bigger the problem, the bigger the business opportunity. Having worked as a GP in the aged care sector for the past 12 years, I’m no stranger to the problems our industry faces. My business partner Dr Sebastian Rees and I built GenWise Health […]
Attracting the right talent to your small business can be an uphill battle and as challenging to a business owner as any other macro force. Not only are you competing with players in your own sector, you’ve also got the big guys to contend with. You know the ones, big staffing budget, big, shiny training […]
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 […]
In the ten years since I started my technology consultancy WebVine, I have made mistakes and learned a lot of lessons. There are still challenges as we have grown and flourished, but hopefully today’s new entrepreneurs can benefit from my experience with these potential pitfalls: Proliferation, not Perfection A common mistake I see startups make […]
A friend of mine once confessed: “I’d like to run my own business, but I don’t like lying to people.” It’s a telling indictment on the state of free enterprise in the 21st century. Everyone seems to have an experience of being let down by the system. Whether it’s believing an ad only to find […]
Collaborations between startups and corporates can be a fantastic way for the former to build brand credibility and gain scale and for the latter to innovate quickly. Of course, not all collaborations are guaranteed to bear fruit. For this week’s “Let’s Talk…” feature, we asked nearly two dozen thought leaders to identify the key ingredients […]
Melbourne-based digital marketing agency King Kong has been named Australia’s Best IT Small Business at the 2018 Small Business Champions Awards, besting 16 other finalists. King Kong founder and CEO Sabri Suby described the award as another huge win for his four year-old company, which just six months ago was crowned Australia’s fastest-growing digital […]
An online tool designed to make it easier for small businesses to apply for a trademark and secure a brand name has been launched by the Australian Government agency responsible for administering IP rights and legislation. Trade Mark Assist, unveiled today by IP Australia, helps users to: check whether their proposed trade mark complies with […]
Geographical isolation sharpens Australia’s tech entrepreneurs, giving them an advantage over their counterparts in Silicon Valley, according to Terry Gold, Managing Director of Techstars Adelaide. He and fellow US-expat Chris Chang, Program Manager with Techstars Adelaide, spoke with Dynamic Business about the global entrepreneur network, why “unique ideas” raise a red flag for them and […]
You have a great idea, and you know you can turn it into a profitable one. But taking the step into startup land is a big deal, and there is a lot that separates the initial seed of your idea and your first sale. With that in mind, here are three tips for entrepreneurs looking to […]
Starting a business with my wife and sister-in-law has been one of the best decisions I have ever made. Contrary to popular belief, working alongside your loved ones can in fact be a very beneficial experience that nurtures both your personal and professional relationships, while also providing the opportunity to grow your business. Aside from […]
A key challenge faced by employees in 2018 is the delineation of boundaries between work and personal lives, brought about by technological mobility. We now have the ability to access work servers from a park bench and have email in our pockets, granting access to our working lives at all times. Social media now provides […]
The challenges SMBs inevitably encounter as they outgrow their original technological infrastructure can become compounded if they’re experiencing rapid expansion and find themselves overseeing a national workforce. Social entrepreneurs Nic Marchesi and Lucas Patchett, named the 2016 young Australians of the year, know this all too well. Editor’s note: Just as Cisco Start is helping their […]
Ten creative tech companies spanning verticals including robotics, fashion tech, AR, VR and music tech have been selected by Queensland University of Technology’s startup hub Creative Enterprise Australia (CEA) to participate in its 2018 Collider Accelerator. [Related: Winning Creative3 Pitch helped Darren Tonkin’s photo sharing app ‘cut through all the noise’, How Virgin StartUp’s UK accelerator […]
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has released a position paper identifying ways to reduce the complexity of the workplace relations system for small businesses. “We have had significant consultations with small businesses over the last two years and the overwhelming view is the legislation is far too complicated for the […]
Sole traders and micro businesses operating in Australia’s tried and tested’ trades-based industries are enjoying the most growth and the greatest financial returns, according to data released by fintech startup Invoice2go. The Most Lucrative Industries for Australia’s Small Businesses list was compiled by aggregating annual invoicing activity of more than 23,000 Invoice2go mobile app users. […]
