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#Small Business

News

From 30 businesses to 120: Inside the funding boost for women in small business

COSBOA CEO Skye Cappuccio explains why this program gives small businesses a practical blueprint, not just a policy statement.

Yajush Gupta · 2 min
Featured

Let’s Talk: Efficient inventory management for SMEs

Our experts discuss the most effective ways for SMEs to manage their inventory.

Yajush Gupta · 2 min
News

Why weekend markets are a must-try for Australians

Daniel Morgan, the General Manager of The Chilli Factory discusses the benefits of weekend market stalls as a source of flexible work and growth for established small businesses.

Dynamic Business · 2 min
HR & Staff

Preparing small business leaders for the new constant of change

Nearly 70 per cent of Australian SMBs now depend on digital solutions to do more with less amidst labour shortages, writes Claire Darley, Adobe SVP of Digital Media Field Sales and Worldwide Customer Support.

Claire Darley · 2 min
Featured

Let’s Talk: What are some of the top SME tech trends to get you ready for 2023?

Let's look at some of the major tech trends for 2023, as indicated by our experts in this week's edition of Let's Talk.

Dynamic Business · 2 min
Advice

How to increase sales even if your marketing budget is decreasing

From pre-Black Friday to post-Boxing Day Sales, here's how businesses can get huge results on a tiny budget.

Dynamic Business · 2 min
News

Business optimism in Australia remains high, despite rising inflation

A recent report has revealed over 80 per cent of businesses have a positive outlook for the Australian economy over the next 12 months.

Rhea Laxmi Nath · 2 min
News

Ombud report warns that nearly half of big biz are failing to pay SME suppliers on time

The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, notes that real payment performance has deteriorated to the point where even the mediocre 30-day payment objective has not been met.

Yajush Gupta · 2 min
News

Brace for these changes that may affect your business starting July 1

Here is a summary of the major changes that will take place and are likely to affect business owners:

Yajush Gupta · 2 min
News

Will the wage increase push SMEs into the unknown? Here’s what a survey tells

With the inflation rate of 5.1 per cent, which is at a 20-year high, it's evident that SMEs' ability to meet their goals this year is in jeopardy.

Yajush Gupta · 2 min
Advice

Common business disputes and how to quickly and inexpensively resolve them

We have compiled a list of some of the most common small business issues, as well as ways to resolve them.

Yajush Gupta · 2 min
News

The COVID Hangover: One in every three SMEs have delayed paying energy bills

COSBOA conducted a study of 408 SME owners to better understand the effects of energy policies and lobby for greater energy consumer rights.

Yajush Gupta · 2 min
Advice

RBA rate hike: Don’t panic, plan for it

July 1 is also an important date to note since many salaries will be reviewed, and there will almost probably be a larger-than-usual repricing of consumables.

Yajush Gupta · 2 min
News

End of Financial Year: Here’s a three-point EOFY checklist for your business

The checklist is aimed to provide some tips and resources that businesses can use to make their EOFY process go more quickly and smoothly.

Dynamic Business · 2 min
HR & Staff

What will Labor’s proposed reforms to the Fair Work Act mean for Australian contractors and gig workers?

During their election campaign, the Labour Party, among other things, endorsed a pay boost for low-paid workers.

Dynamic Business · 2 min
Expert

Here’s how you can save money on taxes while giving your business a smart digital thrust

In its budget, the Coalition declared that Australian businesses that improve their digital skills and equipment will be eligible for $1.6 billion in tax benefits.

Yajush Gupta · 2 min
Accounting

The weird and wacky things you can claim on your tax return

The key to maximising that refund is to make sure you’re claiming all the deductions you’re entitled to, writes Mark Chapman

Mark Chapman · 2 min
Advice

How to best run customer support when you are a small business

Consumers are increasingly demanding, and inefficient customer support can quickly affect a company’s bottom line, writes Jasmine Gray.

Jasmine Gray · 2 min
Accounting

Key dates for Australian SMEs to mark on their financial calendars in 2022

Keep track of these dates and deadlines to help you manage your money better this year.

Yajush Gupta · 2 min
Featured

Let’s Talk: 40 Top Business lessons from 2021

In this week’s Let’s Talk edition, we asked experts to share the best lessons they learned in 2021, as well as their plans for the future.

Yajush Gupta · 2 min
Mental Health and Wellbeing

SME owners to benefit from a $6.7m funding boost for mental health programmes

Additional funding means SME owners affected by the pandemic and natural disasters will continue to receive support till December 2022.

Yajush Gupta · 2 min
News

The newest COVID-19 variant Omicron triggers a global alarm; here’s what we know

The emergence of the newest coronavirus strain Omicron has put governments and businesses around the world on high alert. Following the discovery of the first cases of the Omicron strain in Australia, Prime Minister Scott Morrison stated that the country’s plans to reopen borders to skilled migrants and students on December 1 will be reviewed. […]

Yajush Gupta · 2 min
Digital

Survey reveals the top three priorities for digital transformation for SMEs

A poll comprising 242 small businesses found that most small firms are still in the process of implementing digital transformations.

Yajush Gupta · 2 min
News

Australian small business is suffering; how can you help?

If the last 18 months have left you feeling helpless, here are some practical ways to support struggling business owners.

Kate Dillion · 2 min