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After spending years getting yourself up and running, working on sales and the front end, it’s likely that the back end – accounting practices and accounts receivable – have been somewhat forgotten. With more and more companies defaulting on payments, going into administration and getting wound up by the ATO, now more than ever is the […]
Most first businesses struggle to make it past their first year in operation. If you are planning on going into business for yourself and you want to survive, especially in a crowded sector such as IT, you’ll need to strike a balance between product focus and service versatility. Here are some reasons making your first […]
In today’s fast-paced, ever-changing world of business, a company’s competitive advantage is no longer a ‘sure-thing’, a globally-recognised strategy expert has warned. Speaking at the World Business Forum in Sydney, last month, Rita McGrath, a professor at the Columbia Business School, explained that while sustainable competitive advantage has been a fixation of companies for decades, the […]
Imagine a Monday morning like any other… You walk into the office and make yourself a cup a coffee whilst catching up with your team about the weekend. All of a sudden, you hear the violent sound of a cup smashing and see one of your employees fall to the ground – unconscious, not breathing, with […]
Hey, this is life Jim – and it is just as you know it! Yes, get used to it. As a business owner you’re always going to be taking risks, whether it’s hiring someone new, taking a lease on a new office, or something as simple as taking out advertising space for that new product launch. […]
If you think that all office furniture is equal or that it can’t really be that challenging to buy some office furniture to fill your space, you might just be setting yourself up for an expensive mistake. Suppliers like TableLegsOnline.com are testament to the wide availability of viable options when it comes to updating your […]
Australia and New Zealand’s mid-market businesses are well-placed to reap the rewards of cloud computing. There has been an uptake of flexible working initiatives as well as high-levels of mobile device penetration and the emergence of new technological capabilities. These factors have shaped an environment that delivers huge cost savings, which can be channelled into […]
Much like you would with potential customers, building relationships with journalists is the best way to achieve positive media attention. We’ve all dealt with telemarketers, but did you end up buying from them? It’s doubtful. The reason is simple, you don’t know them or their product. The telemarketer hasn’t built rapport with you, in turn, […]
The Dynamic Business team had the pleasure of joining the Canon Collective last night for an immersive, after dark walking tour of Circular Quay as part of Vivid Sydney 2016. Armed with a Canon EOS80D Camera and an EF-S 18-135mm lens, we were treated to an hour-long tutorial on camera basics, including tips for taking […]
For many people, getting your business online consists of starting social media accounts and finding the best ways to keep your website up to date. These can be expensive and time-consuming tasks and may make you wonder whether digital marketing actually generates a return on your investment. But did you know more than 78% of […]
As Sydney’s Edwin Onggo can attest, some businesses are born out of sheer frustration. While studying at university, Edwin’s passion for live music was put to the test by a student budget, risk-averse friends and an industry plagued by financial uncertainty. “I was frustrated that I never got to see my favourite acts live,” Edwin […]
How time flies. It has now been 12 years since my baby and all-consuming obsession, Firefly in Neutral Bay, took shape. More than a decade on, Firefly has not only endured but thrived and, in my humble opinion, it’s one of the best bars and restaurants on Sydney’s North Shore. The bar scene can be a cruel mistress. It […]
Congratulations! You’re in the final stages of setting up your ecommerce business and your product will soon be in the hands of eager customers. Now you need to decide how you want your customers to pay for the products they buy on your site. This involves finding a payment processing partner, the company responsible for handling […]
The Prime Minister’s recent pledge to pump $15 million into his government’s Incubator Support Program for startups, if re-elected next month, is a good start but far from sufficient, according to Australia’s peak startup body, StartupAUS. CEO of StartupAUS, Alex McCauley said the additional funding for accelerators and incubators will genuinely help startups. “Funding for incubators and accelerators is important and […]
With just three weeks until small businesses must become SuperStream compliant, the Australian Tax Office (ATO) has urged those yet to implement the new standard to act now. From 1 July, it will be mandatory for employers with 19 or fewer staff to send all super payments and employee information electronically in a standard format using SuperStream. According to the […]
Whether you’ve had a bumper year or a bummer year there are still things you can do to improve and prepare yourself for the best year ever! End of Financial Year is a great opportunity to take a moment to reflect on how the year has gone and to make some New Year’s Resolutions to get your […]
There’s no going back. From big data to big decisions, artificial intelligence and automation, to explosions in technology and in choice, Australian businesses have a decision to make – disrupt or be disrupted. While the term ‘disruption’ has become commonplace in workplaces across the country, we can’t ignore the fact that where we were yesterday […]
Fintech investment in the Asia-Pacific has experienced momentous growth, ballooning from around US$880 million in 2014 to almost US$3.5 billion in the first nine months of 2015, according to a recent report from Accenture. Customer expectations are behind much of this investment. Consumers are no longer distinguishing between online and offline worlds—they expect their financial digital […]
As the world becomes increasingly more digitally connected and customers expect near instantaneous answers and action, organisations are having to become more focused and responsive to the needs of customers – and employees. To successfully capitalise on the digital disruption in the customer service environment, there needs to be a seamless connection of customer journeys across […]
Customers are increasingly interacting with retailers through multiple ‘channels’ as part of a single transaction. Retailers that fail to offer a superior shopping experience, where their customers can move seamlessly between different channels, risk becoming obsolete, industry experts warned a recent forum’s attendees. Held at Sydney’s Radisson Blu Plaza Hotel on Wednesday, 18 May, the […]
