Small Business
The National Cabinet has announced Australian’s three-step plan for reopening the economy and businesses. All states and territories can implement these steps at their own pace, as there are no strict rules, however Morrison has said that he would like Australia to have a covid-safe way of living in July. These new steps will have […]
As Australia continues to manage the impact of the COVID-19 crisis, survival remains top-of-mind for businesses in every market. Businesses that emerge from the lockdown period more or less intact will have a second problem – how to regain traction in a recessionary environment. Planning for the future now using precise and actionable customer insights will […]
Founded five years ago by Ainsley Johnstone and Natalie Firth, Think Talent is a modern executive recruitment agency that connects Australian and international organisations with top talent across Technology, Marketing & Digital and People & Communications markets. Growing from a team of two to 12, their success in part is due to enterprise clients wanting […]
HERE WeGo Deliver enables small businesses to operate their own efficient delivery service. The tech simplifies complex algorithms to create an easy process and tool for dealing with multiple orders and drivers. Like UberEats and other well-known delivery apps, it aims to reduce customer wait times whilst improving operational efficiency. Christoph Herzig, Head of Fleet Applications […]
Retailers are facing an unprecedented period of uncertainty in the face of the global health crisis. Businesses, brands, employers, and individuals heeding the health authorities’ advice to take the COVID-19 threat seriously are changing how and where they work, live and spend their leisure time, with consequences for every corner of the economy. In the […]
Prior to the coronavirus crisis and subsequent shutdowns, Australian SMEs were already struggling with cash flow; this is according to new research which shows 52 per cent of business owners had issues with paying themselves. Why were employers so quick to let their staff go when coronavirus came? When the government announced the shutdowns, many […]
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 […]
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 […]
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 […]
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 […]
With international manufacturing markets being thrown into uncertainty due to the COVID-19 pandemic, General Manager of Adina Watches, Grant Menzies, believes there has never been a better time to shine a spotlight on the capabilities of Australian businesses than right now. As one of the nation’s oldest watchmakers, Adina has always been advocates for home-soil […]
Expanding internationally always has risks but developing a business during a global pandemic is not usually a central part of a risk management strategy. The global nature of the COVID-19 outbreak has given international businesses an unprecedented challenge, one that requires diversification and resilience. Here are a few ways you can mitigate the pandemic risk […]
As the coronavirus pandemic continues to have a global impact on the foodservice industry, Australian hospitality owners are encouraged to take some important steps to help them ride out the storm. Hospitality owners should be looking closely at their last P&L statement to see where the impact will be felt. If sales fall, how will […]
Last week we brought attention to the fact that sole traders had been missed out in the first stage of the stimulus package put forward by government during the COVID-19 pandemic. The Small Business and Family Ombudsman, Kate Carnell, called for more support for businesses that do not employ staff, saying they needed “income support […]
What is CSR and why is it so important for businesses? With the ever growing social and environmental concerns of a business’ operations in contemporary society, there exists an inevitable pressure for businesses to consider what is known as the triple bottom line. In brief, the triple bottom line posits the interrelated significance of the […]
There is no question that the hospitality industry has been left in disarray as a result of the current COVID-19 pandemic. One major factor that could balance the scales is a change in the 35% commission rate that UberEats, Deliveroo and Menulog are currently charging. One entrepreneur is paving the way for change, urging these […]
Many businesses are feeling the effects of COVID-19, and in mainstream media the negative ones have been extensively covered. We know that the global pandemic will have a detrimental impact on the economy, with the RBA making an unscheduled record-breaking interest rate cut yesterday and the government announcing a $17.6 billion stimulus package. As we […]
Many businesses are offering either free services or products during this challenging time that small businesses can take advantage of. These range from software, to forums to parent-specific tools. Please follow Dynamic Business for updates on these resources, which we will continually add to, and also for updates on the stimulus package and what you […]
The Hembrow sisters have established a highly marketable brand within a short timeframe of just three years, combining their skills to develop a multi-million-dollar global fashion, influencer, health and fitness business empire. Yet like any start-up venture, there are always lessons to be learnt along the way. Tammy Hembrow is one of Australia’s biggest influencers, […]
With Mardi Gras arriving in Sydney’s streets tomorrow, we wanted to take a look at how businesses are intertwining their brand with the LGBTQI+ campaign. Back even thirty years ago, businesses and big brands wouldn’t have engaged in what would have been considered a ‘controversial’ movement, but obviously now times have changed. We can see […]
