Locked
Two decisions of the Fair Work Commission took effect on weekend – An immediate 3.3% increase in the minimum wage; and a staged variation in penalty rates under the Hospitality, Fast Food, Retail and Pharmacy Awards. The decisions do not apply to people employed under enterprise agreements or in other sectors (eg nurses, police, paramedics, […]
When can a startup rightly call itself scaleup and what value do scaleups and corporates derive from partnering with one another? Trent Bagnall, the co-founder of corporate accelerator Slingshot, provided Dynamic Business with answers. Bagnall said Slingshot doesn’t rely on the official OECD definition of scaleup, which is essentially a company with year-on-year growth of […]
In my first business, SE Net, I balked at going to industry conferences interstate. They were expensive, there was no airline competition – Adelaide-Sydney on special was $700 return and you HAD to stay a Saturday night due to local tourist board subsidies! And in general, whilst I had a hand in helping the local Internet […]
An increasing number of small business owners will complete their tax returns themselves this year, according to research undertaken by cloud accounting provider MYOB. The company’s June SME Snapshot revealed that 41% of owners plan to complete their own returns, up from 41% last year. John Moss, MYOB’s chief strategy officer told Dynamic Business that […]
Supporting female entrepreneurs means physically breaking the glass ceiling with a jackhammer, not just talking about it, writes Christie Whitehill, founder of the Tech Ready Program. Female entrepreneurs are fighting back. Over the last 10 years and more, the global economy combined with the progress of technology has fostered an extremely healthy environment for entrepreneurs […]
Most retailers regard and often treat their stocktake activities as a rather burdensome compliance process. However, stocktakes can boost marketing and supply chain performance and provide a regular barometer of business efficiency. That’s because stocktakes can – and should – generate a consistent flow of data about every aspect of the business. During the stocktake […]
With the end of the financial year almost upon us, now is the time to make the most of your tax planning. If you are like most business owners, chances are you are putting off thinking about your tax until after 30 June. However, you MUST act now. If you wait until after 30 June, […]
As the 2016-2017 financial year comes to an end, businesses are hastily tying up loose ends in preparation for the new financial year. Often employers can put themselves at risk when pressuring their employees to work extensive overtime to finalise projects, meet deadlines and finish annual reports before the end of the financial year. Employers […]
Despite operating in an era where data-driven strategies are the norm, the founders of rapid growth start-up Pet Circle have come to realise that trusting one’s instincts can often lead to better results. Launched in 2011 under the name ‘Paws for Life’, Pet Circle (as it is known today) is the brainchild of Michael […]
Getting paid: one of the toughest issues every small business owner faces. As if building a great reputation, creating a stellar client list and securing sales isn’t hard enough – sometimes weeks go by and business owners are still waiting to see the money in the bank. Last year, data from MarketInvoice highlighted Australia as one of the […]
The Australian Cyber Security Centre (ACSC) is working to confirm reports of two Australian companies affected by ‘Petya’, a ransomware attack sweeping the globe. The government agency has referred to Petya as a ‘global ransomware campaign’ and noted that it appears to leverage the same vulnerability as WannaCry, another malicious software that renders data or […]
If you’re an aspiring entrepreneur who can express their business idea in 25 words or less, HubSpot is giving you a shot at winning $100,000 to put towards launching your dream venture. As part of their #SummerStartup contest, the inbound marketing and sales software company is inviting business hopefuls from the US, UK, Ireland, […]
To encourage employers to harness the skills of Australia’s ageing population, the Federal Government is providing a financial incentive to employers who engage and retain mature-age workers. Available through jobactive – the Federal Government’s $6.8 billion job placement program – the Restart wage subsidy entitles an employer to up to $10,000 for hiring eligible workers […]
Working with corporate and executive teams around Australia, we’ve noticed an interesting trend: increasing talk of ‘Boys Club’ culture’. With the multitude of media reports of late exposing sexism and harassment within Uber’s executive teams, leaders have reasons to examine their own company culture for anything untoward. Minor forms of exclusion can bubble beneath a […]
When starting out in business, there are a million and one things to think about. One that can often get overlooked is the protection of designs. It is essential to have protection on all business designs, and it’s something that businesses often don’t think about until it’s far too late. I learnt this the hard […]
With between three and four million visits per month, finder.com.au is Australia’s most frequented comparison website. According to co-founder and director, Fred Schebesta, to stay ahead of the game, he and his business partner Frank Restuccia have had to be penny-wise, people-focused and paranoid. In 2002, Schebesta, then aged 22, co-founded digital agency Freestyle […]
Are you across all of the changes and how they will affect your business before this financial year ends? As an owner of an SME, the onus is on you to make sure that your business is prepared. Here are my top tips to ensure you end the year on a positive note, rather than […]
The phrase ‘tax time’ can all too easily translate to feelings of boredom, dread and uncertainty for the small business owner. There’s the income tax return, BAS, payroll tax, super, and more. However, instead of viewing the annual marker as a time-sapping and difficult box-checking exercise, it should be seen as a spring board to […]
Outsourcing your manufacturing tasks can be a great decision. You can save money, become more competitive, and focus your attention on other tasks such as developing new products—so it can be a very smart move. But it does not always go smoothly. In fact, there are a number of mistakes you can make that can […]
The doctors behind cancer support app, CancerAid, secured a $500,000 investment from entrepreneurs Andrew Banks and Dr Glen Richards during the season premiere of Shark Tank, this week. Founded in August 2015 by doctors Nikhil Pooviah and Raghav Murali-Ganesh from the Chris O’Brien Lifehouse cancer hospital in Sydney, CancerAid was developed in collaboration with […]
