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The question many business owners face is whether to use contractors and freelance workers or to hire staff. There are obviously a number of factors to weigh up before making a decision either way, but with the rise of the sharing economy, businesses are presented with a wide range of employment options, no matter what […]
The idea of having to develop a groundbreaking innovation can seem as terrifying as it is exciting to many entrepreneurs. Innovation is risky and won’t always go to plan. However, there’s no need to worry, because successful innovation isn’t about being perfect, it’s about continual improvement. Don’t get stressed about the risk: get excited instead. […]
Small business owners are increasingly embracing the 80:20 travel trend, whereby 80% of their holidays are reserved for leisure with the remaining 20% dedicated to work, according to Xero’s Travel Habits Report. Key findings from the report, which compares the travel habits of 400 working Australians and 400 small business owners, include: 48% of business […]
Our complimentary malware webinar next Tuesday (8 August) will feature insights from SonicWall’s ‘Ransomware Tsar’ Brook Chelmo, Ahead of it, read up on the growing IT security risk of malware, including the headline-dominating Petya and WannaCry ransomware attacks. Here are some of our more recent stories on malware: No chance for traditional security solutions in countering the […]
For the uninitiated, the term ‘3D body-mapping’ might conjure up images of futuristic cartographers (which, to be fair, isn’t entirely off the mark). It’s the technology which has helped Sydney-based startup mPort land a reported $80m deal with America’s largest gym chain LA Fitness, secure $12 million in funding from high-net-worth Australian investors and onboard […]
Whether you are travelling for business or pleasure, most of us know travel insurance is essential. But many people don’t know there are things you can do that will make a big difference for your bottom line, not to mention your wellbeing. Here are my top ten: Consider a multi-trip or annual policy If you’re […]
Have you tried to hire a senior employee lately and have found the talent pool extremely limited? Trying to find senior staff in my industry – interior and architectural design – can be incredibly difficult. The reason for this stems from the GFC. When it hit, many firms in the design community put the brakes […]
The real estate market is ‘over ripe’ for disruption, especially in Sydney, according to the brains behind MiSale, a Queensland-based startup that recently expanded into New South Wales and Victoria. Launched in Queensland earlier this year, MiSale is a freemium real estate platform enables people who wish to sell their homes to remove real […]
AI should be used to augment the abilities of data analysts, rather than replace them entirely, according to Francois Ajenstat, an ‘assistive intelligence’ advocate and the Chief Product Officer with data visualisation platform Tableau. He spoke to Dynamic Business (DB) about the value businesses can derive from adopting AI-powered tools. DB: Investment in AI is predicted […]
Three in four SMEs (76%) have invested in technology over the last 12 months to boost their innovative capacity, according to research undertaken by cloud accounting provider MYOB. Other key findings from MYOB’s latest Business Monitor, which involved a survey of more than 1000 business owners and directors, also found that: Almost a third of […]
Influencers continue to re-shape the media industry as an increasing number of businesses enlist them to fuel business growth and customer engagement. As the director of a PR agency, I have recognised the power of influencer marketing to reach client’s target audiences and start real conversations with consumers. The rise of influencer marketing can be […]
With less than a year to go until the General Data Protection Regulation (GDPR) comes into effect, now is the time for small Australian businesses to prepare for compliance or face potentially crippling fines. You might not think it applies to you, however, if your business serves customers or individuals in the European Union, preparing […]
Heading into 2017, STM – a Sydney-based maker of laptop bags and other tech accessories – had enjoyed three years of record growth, fuelled by strategic hires across sales, product development and marketing plus firmer support from long-term retail partners. Not only had its revenue tripled, its global footprint had increased nearly three-fold from having […]
Global not-for-profit Girls in Tech (GiT) will host its first female-only, early-stage startup pitch night in Australia, next week. Taking place on Friday, 11 August at Australia Post (Melbourne), Amplify is an opportunity for ten female entrepreneurs to pitch live to a judging panel that boasts Susan Brown (MD, Girls in Tech), Val Brown […]
Female founders are outnumbered three to one in Australia’s startup ecosystem because they often lack the support of a strong network of ‘door openers’, according to Fiona Boyd, the CEO of Heads Over Heels. She explained that Head Over Heels, an Australian not-for-profit founded in 2010, provides female entrepreneurs with a “powerful platform” to scale – and […]
When it comes to building businesses, coming up with an idea is only half the battle. It is, however, a necessary key ingredient. Creativity is essential to entrepreneurship – so much so that the two terms are almost synonymous: an entrepreneur is by definition an agent of change. And for change to exist there must […]
The mantra of many successful entrepreneurs is the idea that you must spend money to make money. It is also one of the biggest reasons that some people fail to act on their business aspirations, because they believe that they don’t have the money required to take their business to the next level. I believe […]
Richard Branson is right about many things…but he’s wrong about attitude. One of his famous observations was that “you can learn expertise and gain experience but attitude is inherent”. In other words, you can’t train for attitudes – you hire attitudes. I believe that view is now defunct. By failing to train for attitude, organisations miss out […]
Over the years we’ve heard plenty of grandiose plans for businesses that never eventuate and untold numbers of excuses for not hitting the targets that were bragged about at the start of the year. As accountants, we’re not really interested in all of that, what we’re interested in is the numbers because they tell great […]
When it comes to Amazon’s entry to Australian retail, there are many and varied opinions on the likely extent of its impact. No one knows for sure what will ensue. Will Amazon disrupt Australian retail? And if it does, to what degree? Or will it resort to a competitive fight with retailers in this diverse […]
