#Business Owners
Why so many small business owners are afraid to ask basic money questions
New Xero research shows 35% of small business owners don’t know if they profited last month. Angad Soin explains why that’s a wake up call.
Taking a phased approach to founding a startup
Leaving the corporate world to start your own business can be daunting enough. But choosing to embark on a new career in the high-growth, fast-paced and innovation-driven technology startup scene is a whole other ball game. For many, it’s exciting and every day is a learning curve with new opportunities to grow or pivot your […]
Let’s talk: Fear of starting a business
In today’s Let’s Talk we are discussing the fear that comes with starting a business with different founders who have been there and come through it. When starting entering into any new chapter, challenge or unknown territory in life, fear is a natural emotion that arises. This is particularly the case in entrepreneurship where you […]
Two actions SME owners must master as end of JobKeeper approaches
As end of JobKeeper approaches, here’s two essential actions small business owners must master to survive 2020. This July sees one of the toughest starts to a new financial year in decades, with small business owners bearing the brunt of the impact. Scottish Pacific CEO Peter Langham said as business owners put together new contingency […]
Motivation: 7 questions to ask yourself
Building a successful business takes commitment, courage, and a significant investment of time, energy, and money. The process can involve countless setbacks, frustrations, roadblocks, and challenges. However, the sense of satisfaction business owners feel when their business is successful often outweighs the challenges along the way. It’s therefore crucial for current and would-be business owners […]
Financing business growth through equity
Very few business owners entirely self-fund their growth, especially if the growth is significant. While some are sufficiently profitable to fund growth through cash flow, in most cases, businesses use other funding sources to increase the speed of growth. There are various ways to do this, including offering equity to staff members. This can provide […]
Why media training is important for business leaders
Byline: Leisa Goddard, Managing Director of Adoni Media With the explosion of social media and the insatiable 24-hour news cycle, it’s more important than ever for business leaders to have the confidence and skills to make the most of every media opportunity. Too many business owners and C-suite executives don’t know what to do if […]
Eight-speed economy the new challenge for business
A Brisbane-based advisory firm says Australia is facing an eight-speed economy as an avalanche of conflicting forces converge to create an unprecedented air of uncertainty for business owners. Director Andrew Crealy says when the mining boom was in full swing a decade ago, businesses were grappling with a two-speed economy. “Put simply, this concept explained […]
Is outsourcing a positive or negative for businesses?
Jacqui Miller, founder of Dynamic Business Outsourcing Solutions (DBOS), believes that the right kind of outsourcing can be instrumental in accelerating business growth and financial wellbeing. Outsourcing can be viewed as negative, particularly by unions and job hunters, however with changing work cultures and technological advancements, outsourcing is now more widely available as an option […]
How to get your mojo back: top tips from the 2017 Businesswomen’s Hall of Fame inductees
What is mojo and why should having it matter to you? Mojo is having passion, drive and a clear plan to get what you want in your business. Mojo makes everything run smoother and makes it that much easier for you to stay focused and determined. Mojo is the juice you need to achieve your goals. […]
Startup struggles: Top tips for your first year in business
Many successful business owners look back on their first year of trading and often wonder how they got through those early days and created an established business out of the chaos and confusion that can sometimes engulf you during this embryonic time. From juggling your cashflow to maybe even dealing with TAC claims, there are […]
Leadership lessons learnt serving on boards
Beside the normal regulatory and governance requirements, most business owners, entrepreneurs and CEOs realise the need for and benefit of reporting to a board. With the right dynamics in place a board can empower people with complimentary skills, experience and wisdom to formally advise and assist us. Equally, contributing to other businesses and organisations as a […]
It’s lonely at the top: The Boardroom and GrowthCon 2016 enabling decision makers to face their biggest challenge
On the 16th of March 2016, Sydney will play host to a new conference on the business scene, specially curated to equip CEOs, entrepreneurs and business owners with the knowledge to take their business to ‘the next level.’ But unlike others, this one will not be spearheaded by the best executive coaches in town. Instead, […]
New app allows business owners to take payments on their wrist
The payment platform, eWAY, that powers over 20,000 online businesses and processes over one quarter of all the online spend in Australia will now enable business owners and sales people to take payments from their wrist. Paving the way with mobile payment innovation, eWay has developed a new app for the Apple Watch that enables […]
CEOs scared of presentations
The 3 lead qualms include the fear of embarrassing one’s self, boring the audience, and having something interrupt their message, such as a technology fault or a question they are unable to answer.
BlackBerry launches new smartphone with 70,000+ apps
BlackBerry has just launched a new smartphone in Australia that offers a wide range of services and applications to suit the needs of business owners.
Five ways taking a holiday can boost your business
One expert is speaking out about how holidaying can inspire business success, after recent MYOB research found a third of SMB owners haven’t holidayed since starting their business.
Five issues keeping bosses awake at night
CEOs are suffering sleepless nights thanks to five recurring issues, according to new research, which has highlighted some of most stressful aspects of running a business.
Succession planning critical as baby boomers reach retirement age
With the first of the baby boomers reaching retirement, predictions of SMEs hitting the market at depressing sales prices mean owners should now be fine-tuning their succession plans.
The contrast between male and female business owners
Earlier this year a comprehensive research study was carried out to identify the issues most affecting Australian businesses today. In particular, it sought to identify current business confidence levels, attitudes to business and employment issues, investment priorities, major business challenges of the past 12 months and anticipated challenges for the year ahead. What no one expected was that a division based on the participants’ gender would deliver clear-cut differences in business practices and expectations.
Tax considerations when preparing a business for sale
With the increasing number of small business owners reaching retirement age and looking to sell their business, owners should ensure they properly deal with tax considerations or they may end up with a great deal less than they expected.
Happy days for Australian business owners!
You’re happy! This year one of our goals at MYOB has been to get a handle on the “Happiness” of Australia’s business owners.
Stress Test for SMEs under financial strain
With the financial crisis stressing everyone out, and banks declining funding to small business, financial advisory firm Prosperity Advisers are urging SMEs to ‘stress test’ their business.
Business guide to internet security
Ever had a question about internet security that you were too afraid to ask? Mark Sunner delivers a practical, non-technical guide to security online for IT managers and business owners. It’s hard to imagine modern Australian business without the internet but in the last few years it has become fraught with danger. Internet crooks are […]