Small Business
“I have a strong opinion that the sooner we can have people addressing social issues through financially profitable businesses, the better. Unfortunately, we live in a world with increasing costs of addressing social issues and if we need to continue relying on donor dollars to address them, it’s going to take us longer to achieve […]
Ever wondered which airports or airlines you should avoid? Well, finder.com.au has done the hard yards for you. We’ve analysed Bureau of Infrastructure, Transport, and Regional Economic (BITRE) data since 2010 to find the airports, airlines and months with the highest chance of a delay. Most cancelled airports Karratha Airport in the north of Western […]
The recent rise of online quoting websites has been great for both customers and businesses. How can small business owners maximise the potential of these new marketing platforms? I’ve been operating a small business in the carpet cleaning industry for over 20 years. I remember a time before the internet. Back then, marketing your business […]
Wednesday, 6 September 2017 Source: ATO Following a five-year rollout, superannuation members are now receiving an estimated $2.4 billion per year in savings thanks to SuperStream. SuperStream is one of the largest ever changes to Australia’s financial system, with an estimated investment across the industry of $1.5 billion. More than one million businesses have been involved […]
Government moves to reduce regulatory barriers to challenger banks entering the market should improve access to finance for small business, according to Australian Small Business and Family Enterprise Ombudsman (ASBFEO). The Ombudsman, Kate Carnell, welcomed news that the Treasury is consulting on proposed changes to the Banking Act, which would remove restrictions on the use […]
All businesses across Australia are now banned from hitting customers with excessive surcharges for using certain types of EFTPOS, Mastercard, Visa and American Express cards to make payments. The excessive surcharging ban has applied to large businesses since September last year and now extends to all businesses that are either based in Australia or use […]
The growth of SMEs is being significantly restricted by their inability to access credit readily, according to the results of a survey commissioned by fintech lender GetCapital. The Businessloans.com.au Small Business Credit survey was completed by 611 SMEs, defined as businesses with between 5 and 250 FTE and an average minimum revenue between $50,001 and […]
Although it’s not something that might cross every business owner or manager’s mind, it’s important to educate your team about things outside of the scope of their role. For example, providing your employees with life skills and tips to help them take advantage of a dedicated resource like their superannuation. Although long-term full-time workers may […]
Australia’s ecommerce landscape is continuing to transform at a rapid rate. The entry of new marketplaces, the proliferation of pay-later services, and a growing range of delivery options are fundamentally conditioning and changing consumer behaviour with the expectation that online transactions of goods and services be quick and easy. Aussies are continuing to embrace these […]
US television broadcaster CBS has entered a deal to acquire Network Ten, three months after the local network was placed into voluntary administration. In addition to channel TEN, CBS will assume control of digital television channels Eleven and One as well as digital platform TENPLAY. Leveraging Network Ten’s assets, CBS will also launch its digital subscription video […]
Concerns around governance, culture and accountability within the Commonwealth Bank (CBA) have prompted the Australian Prudential Regulation Authority (APRA) to announce an independent inquiry into the lender. According to APRA Chairman Wayne Byres, the panel would consider the lender’s frameworks and practices in relation to the governance, culture and accountability to determine whether they conflict […]
Networking with influential door-openers, eager to help female-led startups, helped the brains behind UrbanYou – an on-demand platform for household services – fast-track business growth, with their most recent feat being a $1m capital raise within the space of two weeks. To date, UrbanYou has facilitated over 20,000 services, totaling $3 million, for its 5000 […]
The Victorian Small Business Commissioner, Judy O’Connell, provided Dynamic Business with insights into the state’s small business sector, including barriers to growth and the need for owners to prioritise mental health, ahead of her appearance at the Vodafone National Small Business Summit on Friday (25 August). DB: What will you be speaking on at the summit? O’Connell: […]
Managing inventory is an essential part of your business, however, it can be a drain on your cash resources. It can also make you lose orders if you don’t get it right, which is why it pays to know where you stand with your stock control. Here is a look at some potential ways to […]
“There’s no such thing as bad weather, only unsuitable clothing.” So goes the saying. Most indoor workers gaze wistfully out of the window on fine days but are happy to stay at their desks when the rain teems down. Outdoor workers have to make the best of all weathers, and suitable clothing (and other equipment) […]
In today’s ever increasing online world, domain names have become one of the most important business assets for sales to consumers, contact with and promotion of businesses; however, many businesses do not turn their mind to the protection of their domain names, leaving themselves exposed to cyber-squatters or tactical competitors and loss of potential business […]
Would your business survive if a recession hit? While I don’t believe Australia is facing an impending recession in the immediate future, it’s not a question of “if” but “when” and there’s no better time to start planning than right now. Small business owners are often too busy to think about contingency planning, but to […]
Australia’s exporters are more optimistic about the year ahead than they were six months ago. That’s one of the key findings of Efic’s latest Exporter Sentiment Index – a survey of more than 1,200 SME exporters. Nearly half (46%), believe the economy will be better in the next 12 months than it was in the […]
Does your website generate sales? I mean – lots of sales? According to EY, in 2017 94% of consumers research products and services online. So with that in mind, if you are like most businesses, you really should be getting more sales. And if your website is not converting into sales, even if it looks […]
You’ve done the hard yards washing hair, booking appointments, and sweeping floors. Now it’s finally time to work for yourself. As a hairdresser, there’s plenty of opportunity to grow your own business, from renting a chair, to opening your own salon. Just as important as growing your business however, is protecting it. In this article, […]
