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MYOB has rated the Federal Government’s 2016 Budget a 9/10 for its positive impact on Australian Small and Medium sized businesses – saying the initiatives are welcomed but could have gone further and faster. MYOB congratulates the Federal Government on again recognising the power of SMEs in driving the Australian economy especially as it transitions away […]
NSW Business Chamber supports the 2016 budget stating that small and medium businesses across NSW have been given the opportunity to grow, innovate and employ more staff as a result of a supportive 2016-17 Federal Budget released by the Turnbull Government. NSW Business Chamber CEO Stephen Cartwright said, “For some time we have been articulating […]
StartupAUS, Australia’s peak advocacy group for startups, welcomed support for Fintech and expansion of the New Enterprise Investment Scheme (NEIS) in the Federal Government’s 2016 budget, but CEO of StartupAUS Alex McCauley believes that overall this budget was a disappointment for startups with few advances on previous measures. McCauley says this budget was a chance for the “Government […]
Gartner research published late last year suggested that more than three-quarters of companies were either already investing in big data, or planned to invest in it over the following two years. This suggests big data is changing the way businesses operate and delivering measurable benefits. The emergence of the data-driven business is now something that […]
Let’s, for a moment, imagine a scenario. You’re a business owner or manager, with a team of people under you. That team, which has been handpicked to fulfill the needs of your business, is underperforming. As a manager, you have goals to meet. Short of hiring new blood, or getting rid of those you feel […]
Imagine you work as a developer for Etsy. In case you haven’t heard of Etsy, it is a marketplace where people around the world connect, both online and offline, to make, sell and buy unique goods. It has 1.5 million sellers, almost 22 million active buyers, and in 2014 it had gross merchandise sales of […]
When you are starting out in business, you will recognise that it can be a very lonely experience. You may have a couple of key people who are your ‘go to’ resource for advice. It is quite common for business owners to reach out to a former colleague, mentor, maybe a family member or even their accountant. However, […]
Today is the international day to celebrate workers – a day created in 127 years ago in the Netherlands to rally workers in support of 8-hour work days. Traditionally workers across the globe take to the streets in the call for better wages and job conditions. While May day celebrations, or Labour Day, are a […]
Although the phrase “location, location, location” can be categorized as a cliché, it is actually one of the top considerations new business owners face when they are preparing to open a brick-and-mortar store. Whether the business sells products or provides services, the location of the storefront is what brings customers through the door and into […]
With three business days remaining before the the Federal Budget is announced, small to medium business owners have voiced a united desire for company tax rates to be reduced, according to the latest MYOB Business Monitor. The MYOB survey of more than 1,000 Australian SMB owners found that 60% of SMEs agreed that company tax rates should be reduced, […]
For Kelly Jamieson, starting her own business was a combination of fulfilling a life-long dream and a distinct gap in the market. With friends and family abroad and interstate, she wanted to send flowers as gifts but found the delivered products often differed from the picture she had seen online. “I spent the early parts […]
The definition of a small business has been further clarified in legal terms in a decision by Fair Work Australia that could have ramifications for small business owners across the country. The South African owners of a Perth-based garden statue business, Gardens of Italy, were taken to the Fair Work Commission over the alleged unfair […]
Beside the normal regulatory and governance requirements, most business owners, entrepreneurs and CEOs realise the need for and benefit of reporting to a board. With the right dynamics in place a board can empower people with complimentary skills, experience and wisdom to formally advise and assist us. Equally, contributing to other businesses and organisations as a […]
If you ask people who have their own business if they love it, many will tell you that they have a love/hate relationship. They might love what they do in terms of the product or service that they deliver but they don’t love the bits and pieces that they need to do in order to […]
Australia’s small business exporters have three things in common: they are optimistic, they are confident and most importantly, they are innovative. When this translates to the international market through exporting, these traits are even more important to success. As small and medium enterprises (SME) move into the global marketplace, they have the opportunity to learn […]
The lanyard. It seems like such a boring piece of whatever it is. You use these things to hold phones and cameras, and keys. But, did you know they can also be great marketing tools? Well, they can be, but you need to know how to use them. How They Position You As “Ubiquitous” […]
Calls for the company tax rate to be cut in the budget is a perennial issue, and one that small business inevitably weighs in on. There have been calls for small business to benefit from a lower tax rate for decades. In the three major tax reviews conducted since the early 1970s, (Asprey, Ralph and […]
Many small businesses say they want to foster innovative solutions within their organizations, but actually doing it is another matter entirely. The unfortunate reality is that many smaller companies work with limited resources and tight budgets, turning innovation into more of an afterthought than a priority. However, to truly succeed, thrive, and grow, small businesses […]
It’s a little bit AirBnB, a little bit Uber – and if things go well, maybe even a little bit Tinder. A new Sydney-based platform called WelcomeOver is aiming to capitalise on the burgeoning share-based economy by bringing together strangers for dinner. Behind the new platform is a mixed young crew comprising Nelson Higalgo, […]
EY has selected 16 high-potential, technology-focused start-up entrepreneurs from across Asia-Pacific to take part in its Accelerating Entrepreneurs program. The program helps fast-growth start-ups from around the world to scale their business through one-to-one guidance, networking and insight sharing. Split into three regions: Europe, Asia-Pacific and North America, EY mission is to help accelerate entrepreneurs […]
