Small Business
Recent Xero research has revealed that payday problems are widespread across Australia. 29 percent of small business employees have been paid late 43 percent of Australian workers have had mistakes in their pay, increasing to 49 percent for small business employees 45 percent have missed paying bills and mortgage repayments as a result of being paid late […]
Small business owners channel an incredible amount of time and energy into their work. But no matter how much hard work you’re doing, if you don’t know how to cut down on those repetitive time-wasting tasks, it can often feel like you’re chasing your own tail. Many owners are selling themselves short by not thinking […]
Dynamic Business attended Xerocon in Brisbane earlier in the month, and spoke with Trent Innes, Managing Director of Xero Australia about the problems small businesses are facing right now. Xero regularly release small business data insights that shed light on the SME community and the real-time issues. We wanted to ask first-hand what’s happening on […]
Veganism is on the rise… and it’s a big business. It’s not just vegan companies such as Impossible Foods and Beyond Meat (recently listed on NASDAQ) which are servicing the growing demand. Fast food heavyweights such as McDonald’s, KFC, Burger King and Hungry Jacks have also weighed in, launching or planning to launch specific vegan menu […]
More than two thirds (67%) of small businesses have not discussed mental health days, according to fresh data from MYOB. The finding, from a survey conducted with 757 Australian small business operators, is compounded by the fact that just half (52%) of respondents said they feel able to address mental health issues affecting their staff. […]
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has reminded small businesses they have until 30 September to adopt Single Touch Payroll (STP). Small businesses with 19 employees or less are required to make the transition to STP by the deadline in two weeks. STP became mandatory for small employers on 1 July […]
Managers need to be prepared for the extra work and responsibilities that accompany growing business, and put into place the right strategies and mindset to facilitate positive and successful growth, according to SAP Concur. Fabian Calle, General Manager, SMB and Nationals, ANZ, SAP Concur, said, “SMBs looking to expand need the right tools, plans, and […]
Forming healthy and efficient supply chain relationships is as important for small and medium businesses (SMBs) as it is for large enterprises, and small businesses are taking up emerging and automated technologies to ensure supply chain hygiene and an uninterrupted supply chain process. Relationships Maintaining and nurturing relationships with suppliers is critical, with on-time and […]
With so many people being ‘connected’ everywhere they go, there’s never been more opportunity for businesses to get their marketing communications in the hands of target customers – literally. Whilst technology has opened up an array of new marketing channels, the well-established medium of SMS is showing great ROI in terms of open rates and […]
Xero data insights links Australian small business growth to technology spend. Call for small business to take a ‘first mover’ advantage to quickly adopt new technologies Warnings to avoid a digital divide between big and small business in Australia Xero, the global small business platform, has today released new data from Xero Small Business Insights […]
The Australian small business sector is facing a major shake-up over the coming decade, with the highest proportion of small business owners aged between 45 and 59 years. That’s according to the Small Business Counts report released at the COSBOA National Small Business Summit today by the Australian Small Business and Family Enterprise Ombudsman Kate […]
The most recent Westpac Small Business Report shows there is an expectation from small business that the economy is likely to improve, but questions remain over when. This is a good time for small businesses to look for growth opportunities and consider how they can take advantage of the better days to come. To achieve […]
Despite the collective strength and importance of small to medium sized businesses in Australia, it seems they can face serious stumbling blocks when it comes to attracting, hiring and retaining staff. A report released by Indeed highlights that 48% of SMBs say recruiting is a challenge and 40% believe it is harder to recruit today […]
Dynamic Business editor Loren Webb interviews Jessy Marshall, Public Relations expert and business owner. We discuss Jessy’s PR tips for small businesses including what the benefits of PR are, when you should engage in PR and how to fight the right agency or consultant for your needs. Jessy also shares her story on launching her […]
48 percent of small businesses do not monitor their energy spend 50 percent are on extended contracts and risk paying more An online tool enabling small businesses across Australia to see if they are paying too much for energy was announced by the Australian Government today, in partnership with Xero and Alphabeta. The Small Business […]
Founder of Boost Juice and former Shark Tank investor, Janine Allis, has teamed up with Vistaprint Australia to launch ‘Why Factor’. The campaign is set to help small businesses understand what makes their business unique and how to use it to their advantage. With the new financial year here, ‘Why Factor’ arms small business owners with […]
Deleting a bad review may seem like the best option at the time, especially if it made your blood boil, but it can be detrimental to your business in the long run because it hides the truth. According to research from PwC; reliability, expertise and professionalism are the most important reputation traits for a local […]
Nurturing greater Customer Lifetime Value, one conversation at a time From all reports, we are experiencing a ‘retail recession’ and figures show that consumer confidence is plateauing. So now, more than ever, maintaining a healthy flow of sales is a matter of survival. It is well known that the greatest source of new business and […]
By Sandra Falzon, General Manager: Marketing, InfoTrack When people are searching for information, their first step is to head to the internet and google. So much so, that the company name is now a verb. How you rank on Google is likely to have an impact on your brand awareness, exposure and selling power. So, […]
54% of Australian employers are currently restructuring their department or organisation to keep up with changing business needs, up from 52% last year. That’s according to the 2019/20 Hays Salary Guide, which surveyed over 3,400 organisations in Australia. According to the findings, 49% of these employers said the key driver of organisational restructures is a […]
