Small Business
Rebranding can be helpful, provided you’re doing it correctly. Rebranding generally signifies to people that you’ve gone through a major change, and that change will get people curious. It may be exactly what you need to strengthen your success as a business. You need to understand that this process may seem like déjà vu – […]
From and early age, Greg Moshal has always been involved in small business. With his beginnings in a family venture to owning his own, the struggles of obtaining finance to start and grow a business became an all too familiar story. Speaking of his own experience starting and running a business, Greg told Dynamic Business […]
The majority of small to medium sized businesses (SMEs) are not sale ready to take advantage of maximising the sale price when they sell. Approximately 50 per cent of businesses that have sought advice are not in a position to do so. In 2014 middle market mergers and acquisitions increased by 21 per cent according […]
If you’re a business, the lifeblood of your business comes down to one thing – cash flow. If you have bottlenecks in cash flow, it makes life tougher and it can be hard to catch up. When cash flow is tight, you may feel that necessary asset purchases such as cars or equipment need to […]
Every now and then, businesses rely on promotional products as a viable marketing strategy. Whether the giveaways are at tradeshows or employee events or as appreciation, recruitment or holiday gifts, promotional products help in creating goodwill. The measurement of Return on Investment (ROI) on promotional products, however, has been a subject of debate among experts. […]
Small businesses are the heart of the Australian economy, but how do they compete with the big end of town? The big end of town is big businesses that have been successful for a reason and have learnt not only from peers, but also their mistakes. To rise amongst the over two million businesses operating […]
The balance between work and life is a constant struggle for most Australians. Undoubtedly, those working in the mining industry are having a harder go than most. The latest Australian Work and Life Index report highlighted that those in mining have the greatest negative work-life interference. Although there are huge challenges and continuous debate about […]
After 6 years in the making, Microsoft has confirmed the opening date of its first flagship stores in Sydney and New York. The Sydney store, opening on November 12th, will be located at Westfield on Pitt Street Mall giving customers and business the opportunity to experience the latest technology from Microsoft and its partners. Some of the […]
Bigcommerce, a commerce platform that provides established and emerging brands with everything they need to launch, promote, manage and scale a successful online store has today announced a partnership with Twitter. Through the partnership, Bigcommerce will support Buy Now, a new sales conversion tool that enables merchants to promote and sell products natively across the […]
“Please place item in the bagging area” – you place the item – the command repeats. You lift and replace the item – “please place item in the bagging area” – you turn for help and there’s no one there. “We regret to advise that your imminent flight has been cancelled [therefore ruining your long […]
Creating a dynamic workplace culture is a lot more complex than hiring a bunch of Gen Ys and buying an office foosball table. At WME we operate in an industry with a churn rate that the Media Federation of Australia put at an alarming 33.2 per cent in 2014. It’s the proof we all need […]
Let’s be honest; nobody likes to put more effort into something, when he can have same results with less. This state of proceeding with something with little difficulty, we know as convenience, is therefore something that is instantly appealing to the widest amount of people, which could be otherwise divided by the myriad of other […]
Successful entrepreneurs have lots of things in spades – great ideas, the passion to bring them to life and the guts to turn them into a business. But budgets are tight in the startup world and an entrepreneur also needs to be great at managing them. Couple this skill with the right mix of work […]
Have you noticed yourself feeling more anxious, exhausted, susceptible to mood swings, or unable to sleep at night? If any of these symptoms sound familiar, you may be a small business owner on the brink of burnout. According to a 2011 Australian Bureau of Statistics report, managers are the occupation group most likely to experience […]
Launching your brand internationally is a growth strategy that follows from success. But success in one market shouldn’t be construed as a right of passage to success in another. The failure of Starbucks in their attempt to import an Americanised version of ‘coffee culture’ into Australia, a country already au fait with it’s coffee habits, […]
Organisations often view their workforce as an amalgamation of highly talented individuals bringing their own unique skills and experience to the table. Indeed, the strength of a team has traditionally been built upon the knowledge of individual members, who have all come together as a collective. As such when interviewing potential candidates, organisations tend to […]
Building customer loyalty can be a challenge when getting a new business off the ground. The secret is to get to know your customers, find a way to relate to them and exceed their expectations at every turn. This will create positive word-of-mouth, and bring in more business for you. Here are some tips to […]
Have you ever travelled, offered to bring something back and ended up with a shopping list and half your luggage allowance already accounted for? For Alex Hsu, this was an all too common predicament. Frequently travelling to the US for his IT business trading computer parts, Alex became inundated with requests for running shoes, typically […]
We’ve all heard the word ‘disruption’ being bandied around in a business context, but how does it really impact businesses and as its urgency increases, how can they respond to it? American Express recently explored this point with a major research study, capturing the views and practices of 250 CFOs from companies with revenues of […]
Big Data is an overused buzzword in business and technology. It refers to the massive increase of data gathered and stored in many modern information systems. The term is often discussed in the context of business intelligence (BI) and analytics – the ability to properly analyse the data, make sense out of it and act […]
