#Big Business
Big business booms, but mum & dad firms struggle
Australia’s economic recovery is a tale of two sectors: large corporations are thriving while small businesses struggle to survive.
Small Business Ombudsman launches probe into access to justice for SME operators
The Small Business Ombudsman has launched an inquiry into access to justice for small businesses, explaining the current legal system puts them in “no man’s land”. According to Kate Carnell, small business operators are at “the wrong end of a power imbalance” in dealings with big business and governments. “Consumer protections don’t always apply to […]
Big Businesses could learn a thing or two (or three) about digital marketing from startups
With so many channels to market these days, communication has become a two-way dialogue rather than a one-way push, though many big businesses have yet to accept this. The outdated marketing techniques still employed by many big businesses is handing a clear advantage to those startups and small businesses that are agile and adapting to […]
Late payments impacting 3 in 4 small businesses
New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider to renew calls for federal government and big business to implement a solution. The company’s latest SME Snapshot, revealed 77% of business owners had been impacted by late payments. Notably, 35% […]
Big businesses can help eliminate barriers to SMB owners growing their super, says MYOB
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. […]
Cash and politics: Playing dirty, or simply ‘networking’?
Despite the platitudes about being the backbone of our economy, small business often has very little input when it comes to policy development. Instead, big business, with its deep pockets, has the resources to ensure the issues that concern them get in front of decision makers — starting with employing ex-politicians to lobby government on […]
Milk price war: small business and farmers the losers
The milk price war that the big supermarket chains are engaging in is hurting the smaller businesses in the food production chain and farmers, cafes and independent food outlets are demanding the Federal Government steps in.