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Byline: Arturo Arrarte, Head of Growth APAC, Slack The most important asset any business has is talent. An engaged and effective workforce can be the difference between business failure and success. It is therefore no surprise that attracting and retaining top talent happens to be a major challenge for the majority of companies. According to […]
Governor-General David Hurley has spelled out the government’s agenda for the next three years. Dynamic Business have put together a summary from his recent speech of the policies that are most relevant to small businesses and startups. Tax and economy See another 250,000 small and family businesses open over five years $158 billion worth of […]
Today we are discussing the term “entrepreneur” and whether or not it’s a term that is too loosely used. At Dynamic Business, we have seen a change in the way that “entrepreneur” is used and heard lots of different opinions on who qualifies as an entrepreneur. This change in definition most likely correlates with the […]
Business confidence is returning but a new survey shows many bosses still aren’t willing to lift wages to retain talented staff. Bosses at small and medium-sized businesses believe the economy is turning around after a year of plummeting confidence. But the new survey of chief executives also shows they expect wage growth to stay low, […]
APRA has ordered Macquarie, Rabobank and HSBC to tighten funding arrangements to ensure funds cannot be withdrawn by parent companies during financial stress. Following a review of funding agreements across the authorised deposit-taking (ADI) industry, APRA notified the three banks that the reporting of their intra-group funding as stable has been in breach of the […]
Attorney-General Christian Porter says George Calombaris’ company received a “light” penalty when it was fined $200,000 for underpaying workers. Attorney-General Christian Porter believes celebrity chef George Calombaris got off lightly for underpaying his workers almost $8 million. Calombaris was last week fined $200,000 for ripping off his restaurant staff. “I think that that fine myself […]
By Annabelle Davidson, founder of Social Playground Being a female business founder can be tricky when juggling two young children, but I’ve learned a lot about building culture throughout my business journey. I’m the CEO and founder of Social Playground, a seven figure company I started five years ago. I started my own company after […]
It’s no secret – audio is on the rise with more Australians listening to podcasts than ever. In 2018 local audiences grew by 22%, with time spent listening increasing to over 11 hours a week. The market is responding in a big way with an unprecedented level of acquisitions, analytics and deals announced in the […]
An industry association has released new data that shows that large-scale pay rate discrepancies occur in 2 in 3 organisations. The findings come from a survey commissioned by the Australian Payroll Association – Australia’s leading network in payroll training, consulting and advisory – asked 601 payroll managers across the country’s big and small businesses and […]
Byline: CEO and Founder of Devika, Ken Kencevski The rise of VR and AR When Virtual Reality (VR) and Augmented Reality (AR) first started to emerge in the marketplace many people thought that it was the next evolution for just video games, but it’s application has been more than that. VR and AR have the […]
Every company needs to look towards improving employee productivity. If your employees get more work done, it will help your company make a bigger profit. But at the same time your company should also try to improve employee happiness and engagement. As this will make it easy to retain employees and to attract the best […]
Very low interest rates are making for “quite extraordinary times” in the share market, the Australian Foundation Investment Company’s investment boss says. Historically low interest rates will be the driving factor for equities going forward, the managing director of Australia’s largest listed investment company says. “These are quite extraordinary times at the moment,” Australian Foundation Investment […]
Everything your growing business needs to know. For the third edition of the ‘Small & Medium Business Trends Report’ we analyzed responses from 2,000+ small and medium business (SMB) owners and leaders to determine: SMB leaders’ motivations, challenges, and goals How demographics shape the SMB experience The role of technology in satisfying customer expectations This […]
On the surface, sales organisations are in reasonable shape. Revenue attainment is up for the third consecutive year, meaning it’s more than likely sales are hitting their targets. Look more deeply, however, and the reality is a little less sparkling. New customer win rates and retention of the existing customer base is flat to falling. […]
H&R Block has partnered with Home Baker and Author, Katherine Sabbath to launch their Grants for Growth initiative – offering support to budding entrepreneurs who need an extra boost to transform a dream from ideation or start-up phase to mainstream. Katherine was a high school history and geography teacher by trade, but turned her big dream into a successful career; […]
Building a successful business takes commitment, courage, and a significant investment of time, energy, and money. The process can involve countless setbacks, frustrations, roadblocks, and challenges. However, the sense of satisfaction business owners feel when their business is successful often outweighs the challenges along the way. It’s therefore crucial for current and would-be business owners […]
Business confidence continues to be bolstered by the coalition’s election win but NAB’s quarterly survey of companies shows conditions have deteriorated. Business conditions have continued to deteriorate and now sit below average for the first time in five years, NAB’s latest quarterly companies survey shows, but there has also been a post-election jump in confidence. The […]
While making the shift towards digital has become common in many businesses, the legal profession continues to trail behind. However, in many cases, Artificial Intelligence (AI) can transform the legal profession. Not by taking over human tasks, but instead, AI can complete the repetitive, mundane tasks lawyers must finish each day. This frees legal practitioners […]
Instagram users in Australia will no longer be able to see how many ‘likes’ a post has a received under trial changes to “remove pressure” on the digital platform’s users. Instagram will on Thursday begin rolling out the trial update removing the total number of likes on photos and viewings of videos on user feeds […]
Trademarks do more than identify your brand, they provide several business and legal benefits at relatively low cost. Yet many start-ups make elementary mistakes, such as leaving trademark registration too late, which can haunt for years to come. A recent David and Goliath case highlights why trademarks matter. Stylkea, a niche small business providing stick […]
