Small Business
The economy needs the innovation, skills, goods and services and job creation generated by small business. As such, the government and other major players offer a myriad of funding opportunities, including grants, to support small business service provision. Small businesses are essential to big businesses with them relying heavily on small business to provide resources […]
Now that Single Touch Payroll (STP) has been live for over half a year, we wanted to know – from the perspective of small business owners themselves – how the system is benefitting businesses. Dynamic Business has covered the roll out of Single Touch Payroll extensively, including a podcast with the ATO’s Jason Lucchese last […]
Prushka Fast Debt Recovery has revealed, through data sourced from court records, that 953 businesses issued Notices of Winding Up Application during the Oct-Dec quarter. This figure increased 5 per cent compared to the July quarter, and by 6 per cent year-on-year. The Australian Taxation Office continues to be the largest petitioner, with ATO and other […]
In the wake of the recent bushfires, a number of measures have been announced by government to help fire-affected small businesses, their owners and their employees to recover and rebuild – including tax exemptions and grants. Crucially, whilst many of the grants and payments on offer would normally be regarded as taxable income (meaning that […]
There have been plenty of reports regarding the latest Black Friday sales breaking shopping records… However, this is not at physical stores, it’s online purchasing that continues to rise. So, how can retailers boost their physical in-store visits? Smart in-store analytics are helping retailers better understand customer counts and dwell times at their bricks-and-mortar sites, so […]
Data privacy is a non-negotiable in today’s workplace. But data protection can be complex to implement and difficult to monitor risk, meaning that not all organisations have the capacity or the expertise to keep up to scratch. According to the Office of the Australian Information Commissioner (OAIC), data breaches in Australia have increased by 700% […]
In Australia, we face some of the highest energy costs in the developed world and increasing energy prices are taking a toll on small businesses. In fact, energy costs and management has become one of the most significant challenges small businesses face. The problem is so pervasive that the Federal Government introduced an $11 million […]
Although all businesses aim high at the beginning of their journey, the reality is that only a small proportion of companies will make it to their intended success. Most businesses founded today are destined to become another failure statistic. At the Keys to Success event held by business management service Catapult, Mike Boorn Plener, the […]
Small businesses are currently in a unique position over large corporates. During the last decades of the 20th century and even the noughties, it felt almost impossible to compete against large corporates. The bigger the company, the deeper the pockets and the greater the brand presence. Their scale and capabilities meant they did not need […]
The biggest shopping season of the year is upon us. Black Friday and Cyber Monday may be done and dusted but before businesses can heave a sigh of relief, the next wave – Christmas and Boxing Day – is about to come crashing ashore. With an estimated $53 billion in spending still to come from […]
Two Perth dads have received enormous support for their innovative baby bottle device through their crowdfunding campaign, raising more than 50 per cent of their $81,000 goal in just five days and 100 per cent in just ten days. The young fathers, Ricky Hee and Alex Djojoutomo created Bottle Bath, an electric 3-in-1 bottle washer, […]
Today we have Single Touch Payroll expert, Jason Lucchese, on the podcast. Jason is a seasoned public servant with more than 19 years of experience executing large-scale government programs including the introduction of SuperStream and Single Touch Payroll. Currently ATO Assistant Commissioner and Single Touch Payroll Program Lead, Jason works closely with the employers, payroll […]
As traditional retailers move online and the transport of products around the world continues to increase, now is the time for brands to prioritise sustainability and to consider their direct impact the environment on a global scale. The environment and the future of our world has never been so important to Australian consumers. As such, […]
Recent research from GoDaddy reveals that there is a clear difference in attitudes towards work between the different generations. The global study was conducted by Savanta in April and May of this year. The local sample comprised 500 respondents, distributed throughout Australia including both capital city and non-capital city areas. “Small business,” in this context, […]
As the weather warms up and Christmas carols fill the air, many Aussies are starting to think about their summer holiday plans and how they can make the most of the sun. Meanwhile, many small business owners are occupied by work to hit the ground running in the new year. The dawn of a new […]
For most businesses, growth is a key goal and is essential to the organisation’s ongoing sustainability. However, when companies aren’t prepared for growth, they can hit roadblocks and encounter issues that can endanger the entire operation. To overcome these risks while scaling up the business, decision-makers need to plan carefully and incorporate specific risk-mitigation measures, […]
The Jolly Group is becoming the first café group to raise funds on online investment platform Birchal. The Victoria-based, family-owned business comprises of The Jolly Miller Café & Patisserie, with 12 company-owned non-franchised outlets in Victoria (and a further 6 opening in 2020) and its wholesale kitchen Fig Food Co, which services hundreds of cafés […]
Remember those feelings of excitement, achievement and growth when you first started your business? Now, it’s likely they have become buried among those of isolation, fatigue and ongoing financial stress. Statistics from the Australian Small Business and Family Enterprise Ombudsman show that 97% of Australia’s economy is made up of small business with no more […]
Almost 9 out of 10 small business owners agree that an insurance claim has the potential to put them out of business, cause them to lose revenue, or dry up cash flow. Despite these statistics, 62 per cent of SMEs said they are unlikely to have the right insurance in place to protect their business. […]
In August, we undertook one of the most exciting and stressful steps in our company’s life: we rebranded. For six years, we were HealthKit and now, we are Halaxy. And as exciting as that change is and what it represents for our company’s future, rebranding is not an easy decision to make — nor to […]
