Locked
Running a small business has many rewards, but it has never been an endeavour for the faint-hearted. One of the most common yet avoidable areas of stress for SME owners is the ability to manage and maintain sufficient cashflow. [Editor’s note: This is the fifth in a 12-part series, by accountant and serial entrepreneur Tanya […]
The Australian Competition and Consumer Commission (ACCC) has released an issues paper for public comment, signalling the launch of its inquiry into the effect digital platforms such as Facebook and Google are having on competition in media and advertising services markets. As part of the inquiry, which was announced in December, the ACCC is seeking feedback […]
Facebook’s recent changes aren’t the only hit brands will take this year. Changes in socials and customer behaviour means brand pages will begin to hemorrhage audience members if they don’t start to adapt. The first quarter opens the floodgates for new gym memberships, refreshed wardrobes and of course, the mass clean outs of social media […]
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 […]
Your potential customers will question you or your product before deciding to commit, but most startups don’t realise that they should do the same. [Related: To succeed, you’ll have to reject customers that aren’t the right fit for your business] What do you do with a business idea? Many entrepreneurs turn to their family and friends […]
After spending decades working in the ‘big end of town’, Sydney barrister Leo Tyndall turned his efforts to the ‘smaller end’, eager to help promising SMEs deprived of finance by traditional lenders. In the four years since he founded MarketLend – an online lending platform inspired by international peer-to-peer (P2P) offerings – Tyndall (CEO) […]
It’s a startling experience to arrive at work, only to realise that my entire team had suddenly taken two weeks of undeclared leave. I was working in Cambodia, and had I been more aware of the culture, I would have known that my team was celebrating their New Year. It’s not an official holiday, hence […]
The NSW Government has purchased a $3.3 million stake in Wagyu beef agribusiness Stone Axe Pastoral, marking the first time it has dipped into its $150 million Go NSW Equity Fund, unveiled last October. [Related: NSW Government set to secure equity in SMEs with ‘good ideas’ using new $150 million fund] Delivered in partnership with […]
Security is an ever-increasing threat for organisations and individuals and with the introduction of the Notifiable Data Breaches Scheme (NDB) on Thursday (22 February), data security is now firmly on the agenda of businesses across Australia. While the scheme applies specifically to Australian businesses that have an annual turnover of more than three million […]
With less than a day until mandatory data breach reporting laws take effect, a cybersecurity vendor has warned that while basic cyber hygiene isn’t “sexy”, businesses that fail to practice it risk incurring “headline-grabbing data breaches” that will instantly lose them customers. [Related: A last-minute guide to preparing your business for Australia’s new data breach regulations and Small businesses face […]
The Workplace Gender Equality Agency (WGEA) has awarded a record number of organisations its ‘Employer of Choice for Gender Equality’ (EOCGE) citation, this year. The 2017-18 EOCGE citation, which recognises employers who are actively commitd to achieving workplace gender equality in Australian, was received by 120 organisations across Australia. According to WGEA Director Libby […]
What do Steve Jobs, Albert Einstein and Pablo Picasso have in common? They are all thought of as born innovators. Creative geniuses. The myths and stories surrounding these three people support the notion that one is either born an innovator… or not. And if not, perhaps consider a career in accounting. (That’s a joke – […]
As consumers increasingly opt for online shopping experiences over in-store, businesses of all sizes can ill afford having a lacklustre ecommerce presence – or worse, none at all. In the Amazon era, that means obscurity, even oblivion. But how can small businesses with limited resources go about establishing an effective ecommerce presence that captivates new […]
Airtasker co-founder Jonathan Lui has raised $1.65 million in seed capital for his second venture, the “LinkedIn for property” app Soho. [Related: Solo with Soho: Jonathan Lui on following up Airtasker with a ‘LinkedIn for property’ app and Jonathan Lui shares what he has learnt from establishing his new startup SOHO overseas] The seed round, […]
A new list ranking a thousand high-growth companies from across the Asia-Pacific Region features five Australian startups inside the top ten. The inaugural Financial Times (FT) 1000 High-Growth Companies Asia-Pacific list was compiled by market research company Statista, which ranked companies by their annual growth in revenues between 2013 and 2016. To make it onto […]
Entrepreneurial migrants and refugees are being encouraged to apply for a free accelerator program that has been designed to generate long-term economic value for Victoria by increasing diversity and inclusion in the local startup ecosystem. The First Gens Program is being run by YGAP – an international not-for-profit that backs early-stage social impact ventures – […]
Recently, Matt Berriman – the co-founder of fast-growth adtech startup Unlockd – wrote an open letter explaining why he was stepping aside as CEO. This shone the media spotlight on the intensity of co-founding a fast-growth company and started a valuable conversation about issues and solutions. This article discusses how to lay strong legal foundations for […]
To avoid being disrupted, financial institutions are not just having to be far more experimental, in some cases they are having to cede control of their customers to fintech companies, according to Ian Pollari, the global co-leader of KPMG’s Fintech practice. Speaking at the Financial Services and Technology: Financial Inclusion and Stability conference, held at the University of NSW this […]
Being an entrepreneur, especially during the startup grind phase and often long taxing hours is not for the faint-hearted. Some people find it’s best to maintain their focus through eating nutritious food, exercising, getting high-quality sleep and wisely cutting out weekday alcohol. So important is the ability to remain at peak mental performance, that menshealth.com […]
A Productivity Commission will be established in NSW to spearhead a micro-economic reform agenda that includes a focus on reducing red tape for businesses, Treasurer Dominic Perrottet has announced. The first-ever NSW Productivity Commission, which will be led by a yet-to-be-appointed Productivity Commissioner, was announced at the NSW Business Chamber by Treasurer Dominic Perrottet, who […]
