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#Cost

Advice

6 out of 10 Australian SMEs report losses up to 75 per cent

Business Australia reported that 6 out of 10 Australian SMEs reported sales losses up to 75 per cent this year. Only 18 per cent reported consistent revenue and a mere 9 per cent experienced a growth in sales during the pandemic. Richard Spencer, Chief Customer Experience Officer at Business Australia, offers a list of suggestions […]

Ann Wen · 2 min
Cloud

How finance teams can overcome cloud fears

The futures of finance and technology have never been so closely intertwined as they are today. Cloud computing underpins this. What are the challenges associated with moving finance functions to the cloud and how do you overcome them? The migration of financial applications to the cloud is happening much faster than expected. Research firm Gartner […]

Dominic Parsons · 2 min
Locked

Soaring electricity costs putting SMEs under ‘unacceptable pressure’, ACCC inquiry finds

Rising electricity costs over the past decade are a “drain on business productivity,” according to the Australian Competition and Consumer Commission’s inquiry into the national electricity market. The commission’s preliminary report into retail electricity pricing highlights concerns about the operation of the National Electricity Market, which pose an “electricity affordability problem” for consumers and businesses. […]

James Harkness · 2 min
Investment

Choosing office furniture: key considerations

A desk chair is just a chair, right? Wrong! When choosing furniture for your workplace it can be easy to let cost overrule quality, especially if you are undertaking a refurbishment, moving office, or if cash is tight. To cut costs, often the investment in new furniture is the first thing to get sacrificed. A lot […]

Angela Ferguson · 2 min
Entrepreneur

Share a ride with Car Next Door’s Will and Dave: the duo challenging car ownership

Let’s face it: car ownership can be expensive and impractical, especially if you drive infrequently and live in or near an urban centre where parking is increasingly scarce. Still, people want the freedom to use a car at any time. Sydney’s Will Davies and Dave Trumbull saw an opportunity for an eco-conscious model of vehicle ownership […]

James Harkness · 2 min
Locked

Are events the answer for your business?

I am often asked to put together events for clients, and despite all my best efforts to suggest alternate activities, they insist I go ahead. When my concerns come to the fore, they then say “the ROI on that wasn’t great”, or my favourite, “we didn’t get many people, what went wrong?

Alicia Beachley · 2 min
photograph
Cashflow

7 fast facts about business printing

Did you know, that by switching from Arial font to Century Gothic, you require around 30% less printer toner?

David Olsen · 2 min
photograph
Locked

Australian online ‘groupon’ industry booms

Businesses leveraging “group coupon” buying sites in Australia such as Jump On It, Spreets and Ouffer has boomed, with all three bringing the Groupon concept from the USA to satisfy local demand.

David Olsen · 2 min