#Small Businesses
Meet the small businesses raising 1.3 million Aussie kids every school day
A new campaign is spotlighting Australia’s 3,000 independent early learning centres, says Australian Childcare Alliance president Paul Mondo.
Support packages for Victorian businesses
With Victoria’s seven-day lockdown inevitably impacting the state’s economy, the Victorian Government has announced support packages for the businesses most affected. The ‘circuit-breaker’ lockdown has forced many businesses to shut their doors and the packages aim to minimise the damage to Victoria’s workforce. Up to 90,000 Victorian businesses affected by the restrictions that remain until […]
Has the Budget delivered for small businesses?
Guest authored by Sam Allert, CEO of Reckon With 23 per cent of small businesses concerned they won’t exist this time next year without Government support, there were many eager business owners waiting to hear what the Budget delivered on Tuesday evening. A pre-budget survey conducted by Reckon interviewed over 1000 small businesses and found […]
Are small businesses the key to our COVID recovery?
While the small business sector has been hit dramatically by the effects of COVID-19, they may also be our ticket out of economic distress. Small and medium sized businesses employ 4.8 million Australians (44 per cent) and are a major GDP contributor (57 percent). Employment growth in small businesses accounted for approximately 60 per cent […]
No board, no worries: The secret advantages of small businesses
Small businesses are currently in a unique position over large corporates. During the last decades of the 20th century and even the noughties, it felt almost impossible to compete against large corporates. The bigger the company, the deeper the pockets and the greater the brand presence. Their scale and capabilities meant they did not need […]
The financial challenges small Aussie businesses are facing
Small business is the engine room of the Australian economy and with the numbers of small businesses growing rapidly, allied to the explosion in the ‘gig’ or ‘sharing’ economy, there are thousands of Aussies confronting the challenge of getting a business off the ground for the first time. So, if you’re a budding entrepreneur, what […]
Single Touch Payroll (STP) now in effect for small businesses
Small business owners are encouraged to get on board with a new ‘Single Touch Payroll’ system that comes into effect from today for employers with less than 19 employees. Minister for Finance and Small Business Damien Tudehope said the NSW Government had been helping businesses prepare for Single Touch Payroll with workshops through its Business […]
New Xero report: Late payments cost small businesses $7billion a year
A new report from Xero, the global small business platform, reveals for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research finds that half of all trade credit invoices are paid late and that solving the […]
Optus Business and Wholesale partners with Sophos to protect small businesses
Optus Business and Wholesale today announced it has selected Sophos, a global leader in network and endpoint security, as its main cybersecurity technology partner. “Our goal is to protect the data of small businesses at the points where it is most vulnerable – at the endpoint and through phishing and suspicious URL attacks that target […]
Aussie SME confidence falls on fears of slowing economy
The March Quarter 2019 Sensis Business Index, released Tuesday 7 May 2019, reveals Australian small and medium business (SMB) confidence fell significantly across the country during the first quarter of the year as concerns about the health of the economy grew. The report, which measures SMB activity, expectations and confidence over a three-month period, found […]
Unnecessary and complicated compliance draining small businesses
Small business council (COSBOA) launches ‘Fair to Small Business, Good for Everyone’ campaign With the Federal election looming, the Council of Small Business Organisations Australia (COSBOA) has launched a campaign; Fair to Small Business, Good for Everyone, which is calling for Governments to employ sensible policies to help small business people to get back to […]
A guide to managing expenses for small businesses
Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and reimbursement claims daily. Digitalisation has highlighted the flawed nature of traditional expense management practices, signalling that spreadsheets and paper document filing are insecure and error-prone. Small businesses should introduce simple technology […]
Project announced to help small businesses leverage digital opportunities
Small businesses are sometimes unaware of digital ventures available to them.
Small businesses aren’t using social media. So what?
Earlier this month, Telstra released the results from a survey which found the majority of small businesses aren’t using social media.
Five common business marketing mistakes
Is your marketing getting the results you want? If not, it might be due to one of a number of common mistakes that business owners make when it comes to their marketing.
What Aussie small businesses really need to be competitive
Australian SMEs are in a perplexing situation. On one hand, technology means start-up costs are low and the potential for small players to disrupt established markets is strong, but on the other, operating costs are high, making it difficult to scale up. So what do local small businesses really need?
New online service saving time, hassle and money
Efficiency has advanced to another level with a new innovative online service that’s changing the way customers look for service providers. PickAQuote.com.au provides a platform for jobs to be posted online with businesses then bidding for the work.
Facebook use up to 70 percent among small businesses overseas
Easy to use and inexpensive to get started, the popularity of Facebook as a marketing channel for small businesses overseas continues to rise.
Accountants more important than banks to small businesses
Accountants are trusted advisers to Australia’s small businesses when it comes to streamlining business payments and tax reporting, a recent report finds.
Attaché release debtor reduction publication for small business
Attaché Software have released a new publication entitled ‘Bullet Proof your Business: Debtor Reduction Strategies’ to help businesses reduce the impact of outstanding debts and increase working capital. The publication is available to businesses free of change and comes with a Debtors Ready Reckoner chart to help businesses evaluate outstanding debtor days, along with a […]
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.
Cash flow management frustration felt by SMEs
A recent report commissioned by mobile payment provider Mint Wireless has revealed the frustration currently being felt by small to medium businesses (SMEs) across the country in terms of slow payments, amid a deteriorating economy. The study, which examined the financial management of 1800 Australian SMEs has revealed that almost one in five small businesses […]
Government to help finance small businesses
Small businesses finding it difficult to attain finance can expect assistance from the Federal Government, says Minister for Small Business Craig Emerson following a roundtable discussion between banks and business groups late last week. If an SME has had an application for credit refused by a financial institution, they will have a second chance to […]
What cloud computing can do for your business
With new technologies making the workforce increasingly mobile, it’s important for small businesses to be able to stay connected wherever they are. Cloud computing allows business owners to do just that, saving time and money, whilst improving productivity. To remain competitive, small businesses need to be available to respond quickly and work together whether in […]