Small Business

Businesses will fall behind in the innovation stakes unless they buck the status quo and strive for greater gender equality, attendees at a recent forum were warned.  Last month, the Australia-Israel Chamber of Commerce hosted a media briefing at Sydney’s Shangri-La Hotel. The event saw Lynn Kraus, Managing Partner, Sydney & Oceania Markets, EY moderate a panel discussion on diversity. The […]

Since the turn of the millennium, the face of manufacturing has changed. In the buildup to the Financial Crisis in 2008 and for a period afterward, technology played an important role in many businesses’ decision to outsource jobs overseas. Now, technology is helping to reshape manufacturing once again, both today and in the future. Many […]

You know about driverless cars. The technology is well into advanced testing stages, and most technology gurus predict that they will be a feature of life, if not in the next ten years, then certainly before the end of the century. But what about crewless ships? We don’t hear much about them, but designers are […]

Succeeding in business today doesn’t just require good talent – it requires great talent.  It also requires great products, a smart strategy and an internal desire to innovate and thus stay ahead of the competition. But let’s focus our attention back on talent. After all, it’s one of the most important components of business today and all around us we […]

The head of a multi-million dollar national solar panel business took top honours at the 2016 Telstra South Australian Business Women’s Awards on Friday night. Jenny Paradiso, the co-founder and managing director of Suntrix, was named South Australian Business Woman of the Year. She also took home the South Australian Business Women’s Entrepreneur Award. In […]

There are more than two million small businesses in Australia. With so much competition, it can be hard to stand out – especially when it comes to reaching new customers. In fact in Facebook’s recent Future of Business Survey – Australia[1], nearly three quarters (73%) of small businesses rated attracting customers as one their top […]

The Federal Government has encouraged businesses to submit feedback on findings from Research and development (R&D) Tax Incentive Review report, released this week Undertaken by Chair of Innovation Australia Bill Ferris, Australia’s Chief Scientist Alan Finkel and Secretary to the Treasury John Fraser, the review had the purpose of identifying opportunities to “improve the effectiveness […]

As Alec Baldwin famously said in the film Glengarry Glen Ross: ‘Always Be Closing’. And there’s no shortage of people looking to become closers. Amazon has 439,752 book results when you search the word “sales”. From titles like “The Psychology of Selling” to “Secrets of a Master Closer”, all offering advice on how, when, and […]

New contactless payment technology, which launches in Australia today, enables small businesses to quickly and securely accept tap-and-go cards, mobile wallets such as Apply Pay and Android Pay, and chip cards. Developed by global payments technology company Square, the contactless + chip card reader is available online at square.com.au for $59, with free shipping nationally. […]

Exports are of huge importance to the Australian economy, making up 19.8% of our GDP in 2015, according to the World Bank. But success with export markets is not limited solely to the agriculture and resources sectors and nor is it limited only to large businesses. There are significant opportunities for SMBs to succeed in […]

It’s one thing confidently rattling off company statistics, industry trends and future predictions about your business to clients and customers, it’s another having a camera or microphone shoved in your face and being asked to recite the same knowledge to a journalist. [Editor’s note: this article is the second in a two-part series by Luke Buesnel […]

Efic and the Export Council of Australia (ECA) have partnered to launch an app that provides new and growing exporters, particularly small to medium businesses, with need-to-know information.  According to Andrew Watson, executive director, export finance at Efic, the Export Essentials app alerts businesses to details often overlooked when planning to export. “Exporting can be a complicated business, especially […]

In 2015, millennials became the biggest cohort in the Australian workforce [i], signalling a major shift in the way small businesses engage staff. This highly connected, constantly switched-on generation expect instant access to technology which is forcing businesses to rethink the way they work. Offering more flexible work environments will be key to attracting and retaining the best […]

The fastest way to build a team of intrapreneurs – i.e. entrepreneurial types who operate within an organisation they don’t own – is through a recruitment process that doesn’t involve phoning referees listed on CVs. When you’re recruiting, calling a listed referee on a CV will be a waste of time as they will always give a glowing reference. Employers […]

Any inefficiencies within your business can eat away at your bottom line and makes things a lot harder than they should be, which why it makes sense to find some ways to streamline your operation. There are many aspects of your business to evaluate from using an international parcel service to keep control of your […]

You’ve got a business logo and you’ve got an amazing company name that you’re trying to gain recognition for. You may already be promoting your business in various ways, including print ads, business cards or store signage, however, there are a number of other fun and easy ways that you can build up your brand […]

In May, this year, the Reserve Bank of Australia released a new surcharging standard, which introduced a ban on excessive surcharges. The ban, which is being enforced by the Australian Competition and Consumer Commission (ACCC), commenced for large retailers this month but all other merchants have until 1 September 2017 to comply with it. Dynamic […]

The finalists of the 2016 Telstra New South Wales Business Women’s Awards have been announced, with mining engineer and motivational speaker Turia Pitt (pictured above) among the 20 nominees. Pitt, a finalist in the Young Business Women’s Award category, will join C-level executives, entrepreneurs, for-purpose sector professionals and others at the Awards Gala Dinner in […]

The Federal Government’s Public Data Policy Statement, released last December, flagged its commitment to make non-sensitive government data ‘open by default’, with the aim being to stimulate innovation and drive productivity improvements across all sectors of the economy. Nearly a year on, a slice of data with huge potential benefits for the small business community, if […]

Small to medium business owners are diligent when it comes to meeting their superannuation obligations to staff but growing their personal super is ‘not top of mind’, according to Tim Reed, CEO of cloud accounting provider MYOB. He told Dynamic Business that government and big business must play a role in eliminating barriers to owners making super contributions.  […]