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I don’t like to fail, but I know it’s all part of the process. In order to succeed, you must first learn to fail. This mantra has enabled my company to experience rapid growth. Makinex wouldn’t exist if it wasn’t for a culture of innovation. We invest up to 10% of our turnover in research and development […]
What makes an effective business leader? Some leaders possess unique skills and characteristics that are difficult to define and even harder for others to replicate. According to Dr Natalie Ferres, a psychologist and director of strategic leadership firm Bendelta, it doesn’t matter who you are – you won’t succeed as a leader unless you inspire […]
It’s that time of year again: tax time. When the challenge of filing personal taxes is compounded by the need to sift through work-related travel expenses, it’s no wonder many workers would rather visit the dentist. Knowing how to file business travel expenses can be one of the most confusing areas when submitting expenses to the Australian Taxation Office (ATO). […]
Starting up and successfully running a small business can certainly be overwhelming at times and it is of the utmost importance that you get things right from the very beginning. Your employees are one of your greatest assets, vital in the growth and prosperity of your business. To make the most of this valuable resource […]
For career-minded mothers, returning to work following the birth of a child can be bittersweet. A return to full-time work often means cutting short quality parenting time and increased childcare costs. On the other hand, if they’re having to deny their professional aspirations and accept a part-time job beneath their expertise, the excitement and financial reward of ‘getting […]
Does you business have a spare $2.82 million? That’s how much you can expect to pay, on average, if your organisation falls victim to a data breach in Australia. Poor security is one sure-fire way to send your organisation into the red – or at least to the bank manager for a loan. Research by Ponemon […]
Small businesses that take a shotgun approach to social media and digital marketing are likely wasting their money and could be missing out on opportunities around leads and sales, according to Tanya Williams, CEO of Digital Conversations. In a new video, Tanya discusses the digital marketing mistakes commonly made by small businesses, including on their […]
In the modern business world, change happens so quickly that if you haven’t got your eyes on the game, you can be quickly thrown out of it. As a business owner, you need to evolve and shift with the times and trends, or risk getting left behind. So if you want to play a bigger […]
There are many options out there for sole traders and SMEs when it comes to managing business invoicing and accounting. The first solutions people tend to turn to are the reliable classics: Word and Excel. While these offer some snazzy invoice templates, they may be a bit harder and more time consuming to work with […]
Due to the amount of cash that can be tied up in stock, inventory-carrying small businesses must carefully balance the need for adequate cashflow against the need to invest in stock that will drive growth – not just to succeed but to remain viable. Dynamic Business spoke with Stephen Canning, CEO of JCurve Solutions, a […]
What if we could start putting superannuation to better use? The internet has changed the way we view and treat money. Paypal pioneered the idea of sharing money online, while services like ApplePay allow consumers to ditch their wallets for good. Yet when it comes to superannuation, we may be leaving some benefits on the table. […]
In a country that is pushing for innovation, and an economy that seems to be a perfect incubator for new start-ups, why do so many new businesses fail? I have first-hand experience of the highs and lows of building a fast growing business in Australia, and the main thing I have learnt is to be […]
While a majority of business owners are pleased with the return of the Turnbull Government, only one in four (27%) are confident the SME policies the Coalition brought to the election will pass, according to new research from MYOB. “The latest MYOB SME Snapshot confirmed that many of the policies the government took to […]
Fed up with conservative investment professionals leaving a trail of broken dreams, a trio from South Australia has launched an online platform to help would-be start-up founders and other entrepreneurs nurture their ideas. Co-founded by Kalif Auditore (CEO), Nick Boniciolli (COO) and Joshua White (CTO), Joey Crowd is being billed as the world’s first crowdfunding […]
We all know how important it is for a business to master great customer and stakeholder communication through all touch points. If your interactions have a positive impact, you’re more likely to create repeat customers and gain access to the ‘holy grail’ of sales: referrals to others. Get it wrong, however, and it won’t matter if your business offers great products and […]
Taking the entrepreneurial plunge and starting your own business can be as liberating as it is terrifying. While holding a corporate job is no easy feat in itself, being an entrepreneur requires an entirely different skill set which may make you feel nervous and unprepared. Coupled with the fact that there are so many variables from the […]
The Census debacle last night highlights what not to do in business. At the height of a system malfunction when millions of Australians couldn’t log on to the ABS website to complete their Census the Prime Minister tweeted how easy and important it was: ‘We filled in the census tonight online – v easy to do. […]
Want to compete with the multinationals but worried ‘going big’ will kill the creative spirit driving your business? According to Pawl Cubbin, founder and CEO of independent creative network ZOO Group, you can punch above your weight by cultivating a culture of entrepreneurialism, getting your core team right and learning from different business models. In […]
If you have a great product or business idea, an option for raising funds to take it to the next level, or to go into production, is crowdfunding. This will involve driving people to the campaign portal. Traditional media can help you in this respect. If you are a start-up founder or entrepreneur and you […]
Looking to cut overhead costs associated with rent and boost workforce productivity? The latest workspace trend could provide the answer. Forget open-plan offices, which can result in too many distractions for employees; instead, consider hot desking. As employers increasingly embrace workplace flexibility, the expectation that employees will always work from the office has diminished and […]
