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Recent Xero research has revealed that payday problems are widespread across Australia. 29 percent of small business employees have been paid late 43 percent of Australian workers have had mistakes in their pay, increasing to 49 percent for small business employees 45 percent have missed paying bills and mortgage repayments as a result of being paid late […]
Small business owners channel an incredible amount of time and energy into their work. But no matter how much hard work you’re doing, if you don’t know how to cut down on those repetitive time-wasting tasks, it can often feel like you’re chasing your own tail. Many owners are selling themselves short by not thinking […]
Considering the digital age that we live in, in today’s Let’s Talk we ask: Can a business survive without an online offering? We wanted to ask industry leaders whether they thought that it’s really possible for a business in 2019 to survive long-term without some form of ecommerce. We, of course, understand the importance of […]
In this Dynamic Business podcast episode, we speak to Stevan Premutico about the struggles of a startup journey, his learnings in founding and growing Dimmi and his new venture me&u (including why he chose to pursue it, instead of his other 33 ideas!) Stevan is one of Australia’s leading tech entrepreneurs. In 2007, in the […]
The Reserve Bank of Australia has cut the cash rate to a new record low of 0.75 per cent, reducing the cost of borrowing for the third time in five months. The market had largely priced in Tuesday’s 0.25 percentage point cut, despite lingering doubts over whether the move will deliver the desired lift in […]
Facebook users will no longer be able to see the number of likes, reactions and video views on other’s posts in a world-first trial. Similar to Instagram’s test that was rolled out in July this year, where the platform removed likes, Facebook is following suit. All likes on posts will now be private and only visible […]
Australian startup DiviPay has secured $2.3m in its Series A capital raise after launching less than year ago. ANZi, the corporate venture capital arm of ANZ Bank led the investment round which included Seed Space Ventures and former Pepper Money CEO, Patrick Tuttle. DiviPay enables small business owners to allocate specific amounts to employees for […]
Dynamic Business attended Xerocon in Brisbane earlier in the month, and spoke with Trent Innes, Managing Director of Xero Australia about the problems small businesses are facing right now. Xero regularly release small business data insights that shed light on the SME community and the real-time issues. We wanted to ask first-hand what’s happening on […]
Accountants are losing ground when it comes to SMEs nominating their most trusted business advisor, according to a national survey of more than 1000 Australian businesses. The September 2019 SME Growth Index found that only one in 20 business owners named their accountant as their most trusted business advisor. In 2017 when the question was […]
In a four-part series, Dynamic Business talks to The Sharing Hub’s startup community about their businesses and their story with using an accelerator programme. In part 3 of the 4 part series, we speak to Justin Hales, Founder and CEO, Camplify. Camplify is a platform that provides holidaymakers with hundreds of options to experience the camping […]
New research from the Australian Payroll Association has found that more than 9 in 10 organisations find government legislation or employee awards difficult to interpret, with most agreeing that many of these clauses need to be revised or made simpler. The finding was derived from a survey of 520 payroll managers across a mix of large […]
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell says fresh data reveals the extent of the cash flow crisis for small and medium-sized businesses in Australia. The latest SME Growth Index has found one in five SMEs are experiencing cash flow problems due to business loans being rejected. According to the data, the […]
Karl Brown has taken his $2,500 startup to $100 million in sales within just five years of trading. As CEO and founder of Instyle Solar, which is now Queensland’s leading solar company, Karl has recently won Brisbane’s ‘Young Entrepreneur of the Year’ award and has been nominated for CEO Magazine’s ‘CEO of the Year.’ As the solar industry has cashed in […]
Veganism is on the rise… and it’s a big business. It’s not just vegan companies such as Impossible Foods and Beyond Meat (recently listed on NASDAQ) which are servicing the growing demand. Fast food heavyweights such as McDonald’s, KFC, Burger King and Hungry Jacks have also weighed in, launching or planning to launch specific vegan menu […]
Most business owners are familiar with the process of setting goals. However, there is a difference between short-term goals that keep a business ticking over and the kind of long-term goals that can see a business owner genuinely achieve their dreams. Some business owners prefer to stick to shorter-term goals because they believe it’s more […]
Bennett & Philp’s Business Advisory Expert Nadia Sabaini sheds light on the legal obligations of a company director and the extent to which a director can be personally liable for the actions of their company. Last month Australia was shocked with the news of George Calombaris underpaying his hard-working restaurant staff. While it can be […]
In this episode, we speak to Tessa Court, who is the CEO and founder of IntelligenceBank. IntelligenceBank is a Melbourne startup founded in 2009 which helps content marketers manage digital assets, creative content approvals and compliance, and creative project management. IntelligenceBank also helps marketers ensure that their content meets standards set by industry regulators. With […]
More than two thirds (67%) of small businesses have not discussed mental health days, according to fresh data from MYOB. The finding, from a survey conducted with 757 Australian small business operators, is compounded by the fact that just half (52%) of respondents said they feel able to address mental health issues affecting their staff. […]
In today’s Let’s Talk, we’re asking “How do you survive in a niche market?” Competition is a constant consideration for all small businesses; understanding where you fit in your market, what your USP is and how to appeal to your ideal customer. Apply all of this to a niche market, and perhaps this becomes increasingly […]
New research from specialised recruiter Robert Half, published in the 2019 CEO Tracker shows increased movement in the ASX 200, with CEO turnover hitting a three year high of 22%. The third iteration of the annual study, which identifies the background and experience of current ASX 200 CEOs, also shows that while these CEOs are still overwhelmingly male (94%), […]
