Small Business
This year we have seen a significant power shift for consumers, with the government investing heavily in heightened financial protections. Through thorough reviews of bank reforms and consumer lending policies, control is slowly being readjusted back into the hands of the Aussie public. In fact, the 2019 Coalition government’s budget pledged $640 million to continue […]
Have you taken the next step and started reporting through Single Touch Payroll (STP)? Employers with 20 or more employees should have already started reporting their employees’ salaries and wages, pay as you go withholding and superannuation information to the ATO through an STP-enable payroll solution. If your business employs 19 or fewer employees, you […]
Insufficient cash flow means lost opportunities Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half (46 per cent) of Australian small business owners have been at risk of being unable to pay their employees1 More than a quarter (26 per cent) of Australian small businesses that […]
Leading small business invoicing app, Invoice2go, has taken a deep dive into the similarities and differences in male and female work ethics and motivations to answer the question: Do we work differently? Is turning a profit or helping people a better measure of a successful business? Is pursuing a passion project or the freedom and autonomy of […]
The March Quarter 2019 Sensis Business Index, released Tuesday 7 May 2019, reveals Australian small and medium business (SMB) confidence fell significantly across the country during the first quarter of the year as concerns about the health of the economy grew. The report, which measures SMB activity, expectations and confidence over a three-month period, found […]
Compared to just five years ago, jobseekers’ salary expectations are a lot higher 76% of Australian hiring managers say jobseekers are more demanding when it comes to their remuneration package. 58% respectively say jobseekers expect higher base salaries and bonuses than what is being offered. After several years of slow wage growth, independent research commissioned by […]
Mother’s Day is coming up and we all know the drill – time to come up with a good gift idea for Mum! But how many candles and spa vouchers can one person really receive? And while flowers are always beautiful, wouldn’t it be nice for mum to receive something a bit different? How about […]
Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated to collectively spend over $20B a year on admin and payroll Half of small business owners also willing to sacrifice wellbeing Reckon launches hub to help small business owners get ‘in the […]
Decinda MacDonald was three years in to building her event planning business Event Society when she found out she was pregnant. She’d started the business in 2012 after she and her husband sold their house to clear debts and raise capital. While she’d been making progress, the business was not prepared for a major disruption. […]
Rebecca Klodinskly is the designer and director behind Aussie swimwear sensation FRANKII SWIM which in five short years has become a highly sought-after and internationally recognised brand. Thanks to celebrities such as Kylie Jenner, Bella Hadid and Rihanna the label has quickly created a cult following of loyal customers. The brand shot to stardom after these […]
Byline: AJ Hightower When starting your own business, you need to get your name out there to create awareness and establish an individual brand identity that reflects your entire personality. The first thing your customers will see is your brand name. How you have chosen to illustrate this reinforces what sets you apart from the […]
Byline: Wendy Born Any kind of competition within an organisation limits the ability for that organisation to reach its full potential. There is no place for competition within the confines of a team, function or company. Competition should be kept to external competitors as this provides the consumer with the best possible outcome, market conditions. […]
Liberal Democrats Senator Duncan Spender has slammed the Australian Tax Office for its mistreatment of small businesses, as exposed by the Australian Small Business and Family Enterprise Ombudsman. “Unfortunately the Ombudsman has confirmed what I already suspected: that the taxman is enforcing its debt recovery actions on small businesses, despite appeals processes still taking place,” […]
Business meetings: face-to-face versus digital, where is the real value? In a digital world, with so many digital meeting platforms available and with many new digital consumer experiences emerging, it’s easy to see why this question is so relevant right now. There is arguably no longer a need to meet face-to-face or to be in the same […]
How do you currently spend your workday? Like most people, the first thing you likely do is open your email and see what pops up. Then, before you know it, it’s 1pm and you’re still responding or reacting to requests, in between rushing from meeting to meeting, which means your ‘real work’ gets left to […]
There’s almost $140 billion floating in the Australian economy through the not-for-profit sector, yet a lack of corporate expertise has been identified as a key risk to the industry in the face of challenging business conditions. Business advisory firm Fifth Eagle says just because you manage a not-for-profit doesn’t mean that you are immune to […]
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell today welcomed the announcement of an Australian Business Growth Fund, a recommendation in the ASBFEO’s Affordable Capital for SME Growth report. “Our report identified the need to address a critical funding gap for long-term, patient capital to enable our up-and-coming, high growth potential small […]
Byline: Jim Penman, the founder of Australia’s largest home-service franchise, Jim’s Group. Change character, and I believe you can change the world. I strongly believe this is also the case in business. The real key to success is temperament People think the key to success is knowing things, and that does matter, but the real key […]
Amazon Web Services Inc. (AWS), an Amazon.com company, today begins its annual Sydney Summit, showcasing the latest technology trends alongside some of the world’s biggest and most innovative companies and public institutions. More than 15,000 attendees are expected to visit Sydney’s International Convention Centre over the next three days, making it one of Australia’s largest […]
I’ve noticed something dramatic occurring in my field of work. As a facilitator of change for teams and individuals I used to be invited to spend several days with teams over a year or more to undertake long term engaged learning that was face to face. People wanted to sit together in a room and […]
