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Imagine having complete visibility across your business to quantify exactly how and where resources are being used, so you are always ready to seize new opportunities. In an age of data, this is not wishful thinking. We already have all the information. We just need to understand it. Translating Raw Data The raw data exists, […]
Yes, you read that right. It’s time to ditch that 30-page document and put it in the bin where it belongs. Professionals agree that writing a formal business plan is not the best strategy, most especially for SMEs that have limited time and resources. Not having a business plan doesn’t mean you’re going to spend […]
There’s no doubt about it: if e-commerce is the industry you are in, then ranking highly on Google is a must. When was the last time you performed a Google search and clicked on the second page of the search results? In fact, when it comes to online shopping, many people don’t even scroll right […]
As 2017 begins to unfold there is one message for SMEs: it’s time to innovate marketing strategies to compete with bigger businesses. Gaining consumer attention is becoming an increasingly difficult task, as competition increases for SMEs and the channels with which to reach audiences continue to fragment. How can a small business stand out from […]
The South Australian Government will spend $2.4 million over four years on generating at least 14 tech start-ups from work being undertaken by universities and research organisation According to Manufacturing and Innovation Minister, Kyam Maher, the South Australian Rapid Commercialisation Initiative (SARCI) will see commercialisation experts drive license deals between the research sector and industry, with […]
Buoyed by $8 million in seed funding, Yanir Yakutiel launched a fintech start-up in November, last year, to assist small businesses under-serviced by banks and other traditional lenders. The former finance and shipping expert spoke to Dynamic Business about Sail, including the process of raising capital and its participation in the Tel Aviv Landing Pad […]
Business travel can be the best way for your burgeoning business to network and make the most of opportunities both within and outside of your home market, and it appears that many businesses plan to grow their business through international travel this year. The recently released Amex Global Business Travel Forecast 2017 predicts that global […]
Identity theft is a well-known threat and not just for individuals – businesses, both big and small, are also at risk. In fact, the Aberdeen Group has found that it costs the global business community roughly US$221 billion annually. For criminals, targeting unsuspecting businesses for identity theft is an attractive undertaking because its highly lucrative and, by comparison, the risks are minimal. […]
By 2020, one in three successful cyber-attacks on organisations will be via shadow IT (Gartner) – in other words, the apps and software employees use without their employer’s approval or authorisation. According to Vaughan Klein, Regional Manager of Collaboration at Cisco Australia and New Zealand, the billions of dollars Australian businesses invest in security annually […]
Have you started 2017 struggling to get your staff involved in process improvement initiatives? If so, you’re not alone. Businesses in virtually every industry wrestle with how to engage teams in efforts to improve business processes and then, once they do get them involved, how to sustain the momentum. The good news is that employees […]
Looking back at 2016, we saw the widespread adoption of a new mindset by many corporates: an acceptance of the inevitability of digital transformation and the significant impact it is set to have in all industries. As this transformation continues, the adoption of new, more interactive technologies is set to reshape the way organisations interact with their […]
Cashflow is the lifeblood of any business and more SMBs have been destroyed through cashflow issues than from any other cause. The last thing you need is to be stressing about whether you have enough cash to pay your own suppliers when you should be running your business. So, you’re not ready to hire an […]
Many trucking companies choose to use freight factoring services. But what does this service involve, and why is it so popular? Here’s a guide to what freight factoring is and how it can help you so you can make an informed decision about whether to use it for your own company. What Is Freight Factoring? […]
With holiday season upon us, there’s no better time than now to get stuck into a few books. To see you through Christmas, and leave you ready to take on 2017, I’ve rounded up some of my favourite books. Not all of these books are strictly business-related, but all are instructive in their own way. Without further ado… 1) Connect by John Browne. Drawing from […]
Australian workplace law and employee exploitation is a topic that has received a lot of media attention in recent months. From million-dollar corporates to local franchises, it is an all-too common area for slip-ups, regardless of the size of the business. We’ve seen this become a recurring issue that has plagued high-profile names like 7-Eleven […]
As an advocate for small businesses in Australia and New Zealand, MYOB regularly asks SME owners what they are thinking and feeling about the economic landscape, government policies and generally what they want for the year ahead. Small businesses are the backbone of the economy so their mindset and well-being has a huge impact on the […]
Together with his co-founder Simon Cohen, Ben Handler has grown Cohen Hander from a two-man property buyers’ agent team into an industry-leading agency. The duo found success by identifying – and actively addressing – a gap in the Australian property market. However, Ben also credits yoga, quantum physics, adland and the 14th Dalai Lama with the […]
Some industries, like construction and mining, have higher injury rates than others. However, even working in an office doesn’t guarantee an accident-free career. Here is some advice on how to avoid the most common workplace injuries: Back Pain and Body Strains Staying in one position for hours at a time, incorrectly carrying heavy loads, or […]
Usually, the first couple of years in business are an exercise in trial and error. Running an e-commerce business, though easier and cheaper to set up, is no different. Note: This article is the seventh in a multi-part series by Chris Dahl, providing guidance on setting up an ecommerce business. Read the rest: Ecommerce success begins […]
Digital marketing is a complex and relatively new field that can leave many start-ups and small business feeling overwhelmed. In order to reap the full benefit, businesses must ensure many moving parts are correctly aligned. In addition, digital marketing continues to evolve with new, ‘must have’ platforms popping up every day. While most businesses will have the basics of digital […]
