Ahead of the 2018-19 Federal Budget, which will be released on Tuesday (8 May), Dynamic Business spoke to a cohort of business leaders about the measures they hope to see from the Turnbull Government. In this article, the second in a two-parter, Julius Wei (BMYG), James Lynch (CastleCoin), Michael Jankie (PoweredLocal), Trevor Townsend (Startup BootCamp), […]
Attracting the right talent to your small business can be an uphill battle and as challenging to a business owner as any other macro force. Not only are you competing with players in your own sector, you’ve also got the big guys to contend with. You know the ones, big staffing budget, big, shiny training […]
If you’re a small business, here’s an interesting question for you… what does your gut tell you about your business performance? For many Australian SMEs, the answer would likely be: not much. According to research by the Commonwealth Bank of Australia, almost 62 per cent of SMBs lack any form of reliable data strategy, preferring […]
We know that small businesses employ around 40% of Australia’s workforce, but they also play more than their fair share of taking on interns for work experience. Most interns that I speak to are getting their work experience at a small business, usually a place with fewer than 10 employees. With an increasing number of […]
A parliamentary committee chaired by ex-Deputy PM Barnaby Joyce has made six recommendations to the Federal Government to help small businesses compete against overseas, internet-based firms marketing to Australian consumers. In its report into the impact of global, internet-based competition on local businesses, the Innovation, Industry, Science and Resources Committee recommended the creation of a […]
Video is everywhere and whether you prefer to stream YouTube shows, flick through Facebook or get your fix in 10 second Snapchats, chances are you’ve already engaged with video content today. In fact, more than 500 million people watch Facebook videos every day. And that’s not just funny cat videos. If your business is not […]
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has commenced an inquiry into international initiatives designed to address the funding gap for small to medium sized enterprises (SMEs). [Related: Small Business Ombudsman calls for Govt to consider UK approach to boosting SME finance, Major barriers to SME investment explored by new report from […]
Considering the small business sector employs nearly half the national workforce and contributes around $380 billion to Australia’s GDP [1], it’s easy to see why it’s frequently referred to as the ‘engine room’ of the economy. Like all engine rooms, the sector requires sufficient fuel – in this case, working and growth capital – to […]
John Shepherd, Assistant Commissioner, Australian Taxation Office delves into some of the finer detail ahead of the 1 July move to Single Touch Payroll (STP), a change to the way larger employers report tax and super to the ATO. The 1 July start for Single Touch Payroll (STP) is fast approaching, and all larger employers, […]
While small business owners often dream about one day scaling up their operations, many struggle to let go of their early stage business responsibilities so they can allocate the time to delivering high value tasks and growing the business. [Editor’s note: This is the sixth in a 12-part series, by accountant and serial entrepreneur Tanya Titman, […]
