Small Business
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 […]
When creating a website, it is easy to lose focus of what really matters: the experience for your customer. A recent study found 75 per cent of people form their opinion of a website based on aesthetics – meaning web design is crucial to drive positive brand awareness and business growth. The following seven tips […]
If you weren’t already aware, The Telstra Business Awards recognise Australia’s best businesses and give companies a platform to gain credibility, network and access expert advice. Dynamic Business has rounded up the winners from each state to learn the who’s who of the winning businesses and learn more about their success so far. All 2019 […]
The way customers discover, browse and purchase has changed irrevocably over the past decade. Yet a few fundamentals hold true – at the heart of the customer journey is human, one-to-one interaction which businesses need to provide at scale. The way businesses do this will vary, but ultimately comes down to instilling confidence, building connection […]
Prushka Fast Debt Recovery has released their latest report, ‘Canary in the Coal Mine,’ which shows that although Australian small businesses remain confident despite economic uncertainty, growth plans are diminishing. The bi-annual survey found business sentiment is high, with 64 per cent of SME owners confident about the current position of their business. However, there […]
There are barriers restricting small business owners from growing their businesses and acting on their plans, and these barriers are estimated to cost the Australian economy $93.8 billion per year – a figure dubbed the Dormant Dollar. 39 per cent of Australian small business owners have ideas, plans and visions they believe would grow their […]
How do you know that your business idea is a good one? Well, raising $37,455 on Kickstarter – a crowdfunding platform – isn’t a bad start. Especially when your target was actually lower than that, at $20,000. Overall, there are 354 people in 37 countries that have supported Gabby Samkova’s business venture so far, which aims […]
In Australia, more than a third of small businesses are now run by Millennials, and according to the latest research by Xero, they are ready to expand their businesses. Small business owners under 35 are ready to grow and have concrete plans to hire new staff, acquire more resources and build their companies. In doing […]
