Locked
As a small business owner, you could be wondering if during the chaotic times of COVID-19, is it still possible to sue a customer for an unpaid account/debt? In the first instance, you should try as hard as you can to recover funds you’re owed through processes such as payment plans if a customer simply […]
Virgin Australia has reportedly filed for voluntary administration as it’s overwhelmed by massive debt brought on by the coronavirus lockdowns. An airline spokesman wouldn’t comment on Monday evening about various media reports. The Sydney Morning Herald and the Age reported that a decision was expected to be made at tonight’s board meeting and that accounting […]
The new COVID-19 environment of home-based working and social distancing has not only posed unprecedented challenges in productivity for many workplaces, but it could also be affecting employees’ mental health. A leading workplace safety expert is urging organisations to prioritise the health and wellness of their employees during this challenging time, revealing the important benefits […]
The rapid shift of thousands of workers from offices to home-based working is creating big challenges for Australian organisations. Many are scrambling to ensure vital business processes can continue to function and support daily activity. The challenges stem from the fact that such a seismic shift in the way organisations function has never happened before. […]
Djordje (DJ) Dikic, with co-founder Rocky Liang, launched Australian B2C paint brand Tint only five months ago in December 2019. Since the coronavirus outbreak, their sales have increased dramatically, confirming their suspicions that their business idea was what was needed in the paint industry and direct-to-consumer market. DJ’s advice for succeeding in business is to […]
Business owners should remain cautious but optimistic, following the passing of the Federal Government’s $130 billion JobKeeper stimulus package through parliament, according to Employsure, Australia’s leading workplace relations company. The short term “Just because the legislation has passed, it doesn’t mean a business owner is automatically eligible,” said Employsure Managing Director Ed Mallett. “While it […]
Australian neobank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m. The funds will help further accelerate product and feature development and support mortgage book growth. The raise, led by international investment bank Morgan Stanley, is one of the largest Australian fintech […]
By now, all of us have been impacted by the COVID-19 crisis in one way or another. It has brought a global economic shutdown, and with it, a great number of businesses, especially small businesses, are struggling. Many are still coming to terms with the severity of this crisis and its long-term implications while figuring […]
What are the top things a manager should be doing when leading their teams remotely? The spread of COVID-19 has led to travel restrictions, school closures, and cities around the world moving towards lockdowns. Amid these new conditions, most of us still need to continue our day to day work. But the way we do […]
If you need to make the difficult decision to close your business, you may be wondering if you’re still obliged to pay rent until the end of your lease term. First things first, before you decide to close, make sure you’ve reviewed all recent changes announced by the government to ease the burden on businesses […]
Many of us are adjusting to working from home with the increasing risk of Coronavirus. Some of us might not have the ergonomic set up that helps us to work without physical pain; we may be sharing a desk with our partners or family members who are also working from home; we might live alone […]
Staff motivation can be tricky to master at the best of times. Throw a pandemic in to the mix, and it becomes extra hard to know the steps to take for keeping your teams driven and focussed on the business’s goals. Motivation is not black and white, and it is impossible to feel motivated at […]
Business owners are being urged to register for the JobKeeper allowance despite trepidation and confusion from many around the scheme, according to a leading tax expert. Pilot Partners head of taxation Murray Howlett said business owners who took a ‘wait and see’ approach to the scheme could be missing out on a huge financial incentive. […]
State governments announced the commercial tenancy code of conduct last week, which aims to support businesses with commercial rent reductions. The code outlines a set of principles which tenants and landlords are expected to follow, along with Australian banks. It will be prepared for legislation this week. Is my business eligible for rent relief? If […]
FoodByUs, the former B2B-only marketplace for wholesale food suppliers, has opened up its platform to help consumers during the coronavirus crisis. The Sydney based startup, which usually supplies huge volumes of food and cleaning products to cafes, pubs and restaurants, is making the switch from B2B to B2C. With wholesalers losing around 80% of their business […]
The Morrison government’s economic plans to mitigate coronavirus challenges is a timely, sensible and proportionate response, however there are bigger concerns not addressed. Through constant communication with our client base of over 58,000 Australian SMEs, we have seen that almost every business is severely impacted by the unfolding COVID-19 recession. The stimulus packages and plans, […]
In the midst of the coronavirus lockdown in Australia, we wanted to ask small businesses first-hand how they are pivoting and adapting in the circumstances. With so many businesses forced to close in a matter of days, it’s been a challenging time to survive. On the other hand, some businesses are having to survive through […]
The JobKeeper payment or wage is a subsidy program announced by federal government to help with upholding the Australian economy during the coronavirus outbreak. It is designed to save six million jobs during the coronavirus pandemic, giving employees the chance to keep their jobs (hence the name) by handing out cash payments every fortnight in […]
The coronavirus outbreak has already prompted enterprising businesses to use their existing workforce management technology in innovative new ways. The unprecedented impact of Covid-19 on peoples’ daily work and personal habits has been the catalyst for the businesses we work with in Australia and overseas to find new functions for our technology. We are hearing […]
With most office-based small business making the switch to working from home, we wanted to share some tips from the community on how you can make the most of the remote working situation. From trivia and quizzes to “wine downs” and group exercise, we hope these insights bring you some practical and fun ideas for you and your […]
