Small Business
Ever receive an unfair review online? Did it damage your brand reputation and Google ranking? Two people who understand this problem well are Andrew Whitford and Nick Bell. Andrew is a digital marketer, and his experience with brands in the past has given him an insider view of the real challenge that businesses are facing in […]
It’s no secret that inadequate cash flow is one of the main reasons why businesses fail in Australia. Dynamic Business only recently talked about this issue last week, with new research commissioned by H&R Block found that the biggest struggles for small businesses across Australia are: ‘cashflow’ (35%) ‘marketing effectiveness’ (30%) ‘lack of support’ (19%) […]
The start of a new financial year is an ideal time for business owners to take stock of the business, review progress towards growth goals, and re-align plans as necessary. While there is no one-size-fits-all approach for businesses to make their planning more effective, there are a number of key considerations that can help business […]
The winner of this amazing prize will get a 12-month one-on-one coaching program with a Business Coach from Max My Profit valued at $17,000. PLUS, you will also get: Access to over 700 resources on the Business Excelerationׅ® hub, which is an online resource hub that members get access to 24/7. Access to an online […]
Business growth can be a double-edged sword for organisations trying to balance workplace culture with new clients, stakeholders, incomes, and external responsibilities. It’s important that, as businesses grow, managers don’t lose sight of internal workplace culture. As organisations scale up, it can be hard to maintain the warmth, openness, and cohesiveness achievable with a smaller […]
Yemi Penn hit rock bottom aged 24 when she was kicked out of home by her parents, whose traditional Nigerian values disapproved of her falling pregnant whilst unmarried, and she found herself homeless, in an unsafe, violent environment in South London. She had a degree in Mechanical Engineering, but found herself sleeping on a doorstep […]
Dynamic Business spoke to Rob Smedley from Formula 1 Group about how they are using AWS to deliver a digital transformation, deliver new metrics and change the way fans and teams experience racing. Formula 1 Group is taking current infrastructures to AWS data centres to use their tech more effectively. “Moving data centres to a cloud […]
By Aaron Smith, KX Pilates founder Many in the franchising industry believe that you shouldn’t recruit franchisees with zero business experience. Here’s why I think business experience matters less than you think. There’s a standard list in franchising that outlines what traits potential franchisees should have and ‘past business experience’ or ‘business acumen’ is often […]
With the global economy looking fragile and one of Australia’s largest trading partners, China, slowing down, it’s important for Australian business decision-makers to re-evaluate their position as the new financial year begins, according to Atradius. Mark Hoppe, managing director, Oceania, Atradius, said, “The start of the new financial year is traditionally an ideal opportunity for […]
With more than 60% [1] of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small business and start-up’s a helping hand with the initiative; ’Grants for Growth’. Now in its second year, the grant offers support to budding entrepreneurs who need an extra boost to transform […]
By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities… If you’re like most small business owners, you’re probably focused on closing out the 2018-19 financial year. But it’s worth taking a moment to consider the year ahead too. There are new regulations to be aware of in 2019-20 – […]
Byline: Scott Crosby, CEO, Upstream The merit in going paperless for small and medium businesses (SMBs) is clear: digitally stored documents, information, and files save businesses time, money, and resources. SMBs are increasingly taking up document management technology to better manage their finances, customer data, and employee details, leaving behind the physical paperwork proven to hold […]
Employsure’s founder and managing director, Ed Mallett has welcomed the Prime Minister’s announcement that the Australian government will take a fresh look at refreshing the workplace relations system. “The federal government’s intention to review the workplace relations system is encouraging for the 24,000 small businesses we represent across Australia,” Mr Mallett said. “The overwhelming view […]
Middle managers often find the value they bring to an organisation being scrutinised, but recruiting expert Hays says they can be an organisation’s biggest asset – provided they have open and honest career development conversations, are given opportunities to develop their skills and are empowered by senior managers to make change happen. “As the link […]
Thinking of starting a podcast? While it has never been easier to launch one – here’s the secret to making it thrive. People tell me all the time that they’d like their own podcast. When I ask why, people will often say they get together with their mates and that their chat is so good […]
A new report from Xero, the global small business platform, reveals for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research finds that half of all trade credit invoices are paid late and that solving the […]
Byline: Charles Heunemann, Managing Director, VP Asia Pacific for Natterbox Limited Acclaimed American author Dr Stephen R. Covey argued that in all our relationships we have an “emotional bank account” and our interactions either increase or decrease the balance of trust and connection. “When the trust account is high, communication is instant, easy and effective,” […]
You may not personally want to be involved in modern politics but if you want to run a business you have to be aware how the laws of the land can affect your bottom line. Tax laws, business treaties, tariffs, and commerce in general is impacted by politics. Sometimes having a degree in political management […]
Byline: Thomas Derricott, Community Manager, Mad Paws This Friday, June 21, marks Take Your Dog To Work Day (TYDTWD), and to celebrate, Australia’s largest pet sitting community, Mad Paws, is filling its Pyrmont office with more dogs than people. This is to illustrate how beneficial having office dogs can be, but granted, it can be much […]
For small businesses, the 2018/19 finish line is in sight. At midnight on 30 June, the financial year ends, the books are closed and businesses report their financial situation to the Australian Tax Office (ATO). Matthew Prouse from Xero provides five tips to help small businesses make the most of this busy time and keep stress […]
