#Smb
Why your 18-24 year-old staff just became your most expensive hire
Australia’s SMB wage growth cooling overall, but 18–24 year-olds are the only age group gaining jobs in June, says latest Employment Hero analysis
ICA says Queensland budget is a ‘missed opportunity’
The Insurance Council of Australia has slammed the new Queensland 2021-22 budget, saying it fails to protect Queenslanders from extreme weather disasters.
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 […]
Why document management is critical for small business growth
Byline: Scott Crosby, CEO, Upstream The merit in going paperless for small and medium businesses (SMBs) is clear: digitally stored documents, information, and files save businesses time, money, and resources. SMBs are increasingly taking up document management technology to better manage their finances, customer data, and employee details, leaving behind the physical paperwork proven to hold […]
Why small-to-medium sized businesses should consider global cloud providers
By Lionel Legros, Asia-Pacific Director at OVH We are living in an era of cloud adoption. A 2019 study on Australia’s cloud market reveals that cloud Infrastructure-as-a-Service (IaaS) is growing considerably, with market spend expected to reach $1.3 billion by 2022. Yet despite this growth and a growing awareness of the benefits of the cloud, providers […]
How SMEs can avoid common financial pitfalls by managing cash flow
Setting up a small business can be an exciting yet daunting experience. By the time you actually launch your business you have likely experienced a lot of uncharted waters, sleepless nights, caffeine highs and are generally left questioning your overall sanity. Trust me I know. In 2008 my brother and I started our business, Credit […]
Three questions to ask before using new tech
Byline: Michael Chetner, Head of Asia Pacific, Zoom Video Communications While small to medium sized businesses (SMBs) make an important contribution to Australia’s economy, they are constantly under pressure to stand out in a crowded and competitive marketplace. This pressure is further heightened as SMBs don’t only compete amongst themselves but have to contend against […]
How unsure are you of your digital channel performance?
Top tips to utilise your digital data.
Small company tax cuts may be fast-tracked
Small Business tax cuts could be fast-tracked.
Most lucrative small business sectors revealed
Sole traders and micro businesses operating in Australia’s tried and tested’ trades-based industries are enjoying the most growth and the greatest financial returns, according to data released by fintech startup Invoice2go. The Most Lucrative Industries for Australia’s Small Businesses list was compiled by aggregating annual invoicing activity of more than 23,000 Invoice2go mobile app users. […]
The huge gains of incremental improvements
It’s a sobering exercise to consider where Australia ranks when it comes to global productivity levels. When the OECD compares countries by GDP generated per hour worked, Australia scrapes in at just 14th in the world.[1] We’re lagging the likes of Ireland, Germany, France and the United States. So, what’s the reason for this lacklustre […]
Small businesses operating on cloud nine
It is becoming increasingly clear that the majority of SMB IT decision-makers see the benefits of migrating to the cloud, with many also planning to expand IT services used and supported by the cloud in the coming years. Gartner predicts that in 2017 public cloud services spending will reach AUD$6.5 billion. In the delivery of […]
Don’t let new year goals destabilise growth
A new year inevitably leads to new business goals but what many SME owners don’t realise is that these goals could trigger compulsive behaviours and actually stunt a company’s growth. There are only two types of goals business owners make – objective and subjective – the latter will negatively impact profits and workplace culture. Subjective […]
On call in the cloud: The case for SMBs transforming their contact centres
Cloud computing has transformed almost every aspect of business IT, and call centres are the next sector ripe for cloud adoption. For SMBs, cloud contact centres are particularly attractive, offering lower costs, greater flexibility and the capacity to have an enterprise-class system catering to a smaller organisation. Call centres have undergone major transformations in the […]
To make sense of – and benefit from – large volumes of data, SMBs need the right talent
Big data is no longer the sole domain of large enterprises – small-to-medium businesses (SMBs) that leverage data effectively can gain significant competitive advantages. Almost all businesses now collect data to some extent. However, many businesses are still overwhelmed by the sheer volume of data available to them and they wonder how to make sense of […]
People at the heart of data-driven decisions
We live in a society flooded with information. We have never had as much data at our disposal as we do now due to the progress of technology; chiefly, the increasing digitisation of information. Big Data is here to stay – and it’s impacting the performance needs of all organisations, regardless of size. Decision-makers have […]
NBN boosting SMB productivity: Telstra
Telstra says that many SMBs on the National Broadband Network (NBN), which continues to be rolled out across Australia, are enjoying a productivity boost and a reduction in operational costs among other benefits. In a survey of SMBs on the network, conducted by the telco, 41% reported improved productivity, 15% reported decreased business costs – with the regional experience being […]
SMB confidence climbs to a five year high
Small and medium business (SMB) confidence has risen to a five-year high, largely due to an improved economic outlook, according to the latest Sensis Business Index survey. The views of 1,000 SMBS were captured by the Index, which is released by Sensis each quarter. The latest survey found that 60% of SMBS are confident while […]
NetSuite deal empowers cloud ERP provider JCurve to look beyond small business market
Cloud-based ERP provider JCurve Solutions has gained a firmer foothold in the local market after reaching an agreement with Netsuite that enables it to grow its customer base beyond the small business category. Previously, JCurve Solutions held the exclusive rights to distribute the small business edition of NetSuite’s cloud ERP technology in Australia and New […]
Missed opportunities for SMBs that go it alone at tax time
Many of Australia’s small businesses might be missing out on potentially valuable tax deductions by not consulting with a financial expert, according to research highlighted by finance and tax software developer Intuit. Conducted with Galaxy Research, the study involved a survey of 400 small business owners in May, this year. The researchers found that, as the countdown to EOFY […]
SMBs losing billions due to ineffective IT management
New study reveals SMBs are losing over $24 billion in productivity every year, due to non-technical employees having to manage a company’s IT solutions.
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.
iiNet and eCorner launch iiNet’s Shopping Cart for SMBs
iiNet today launched an online shopping cart, which allows small businesses to establish their own online sales presence in only a few minutes in conjunction with eCorner and their ePages platform.
Uncertainty delays retirement for SMB owners
Fewer Australian SMB owners are contemplating retirement because of continued economic uncertainty and unsatisfactory superannuation, according to a recent survey.