What are the attributes of an SME that is growing, and how do they differ from a business with static or declining revenue? [Related: SMEs trading banks for fintechs, poll suggests] Twice a year, when more than 1200 owners or leaders of SME businesses are interviewed for our SME Growth Index, one of the first questions […]
Fintech and other non-bank lenders are set to overtake banks as the preferred source of growth funds for Australian SMEs, the latest Scottish Pacific SME Growth Index suggest. [Related: Let’s Talk… Fintech, FinTech Australia’s CEO steps down but will continue to help Aussie fintechs from Asia and Fintech Code of Conduct recommended by report into best-practice for SME […]
To unlock massive growth, business leaders must be comfortable with the idea of not only going global but also – when it makes sense for the company – moving beyond their initial idea and vacating the driver’s seat, according to Dr Jana Matthews, an international expert on entrepreneurial leadership and business growth. [Related: Why small businesses need […]
The NSW Government has rejected criticism levelled at its $190 million job creation fund by The Daily Telegraph, which today claimed the fund’s managing body, Jobs for NSW, had yielded “drastically low results”. [Related: “Previously, the government wouldn’t have engaged SMEs in this way”: Jobs for NSW CEO and “Huge coup for Sydney” – $35m startup hub to […]
A report outlining steps being taken by fintech lenders to increase transparency and disclosure has been released by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, in partnership with FinTech Australia and theBankDoctor.org. The report, Fintech lending to small and medium sized enterprises: Improving transparency and disclosure, looks at the different approaches to […]
After spending decades working in the ‘big end of town’, Sydney barrister Leo Tyndall turned his efforts to the ‘smaller end’, eager to help promising SMEs deprived of finance by traditional lenders. In the four years since he founded MarketLend – an online lending platform inspired by international peer-to-peer (P2P) offerings – Tyndall (CEO) […]
There’s no argument about it. Cyber security is tough for small and medium sized businesses. Most SMBs don’t have a dedicated IT staff member, meaning it falls on the owner or manager to be on top of computer security matters. One of the key milestones in cyber security is the upcoming data breach laws in […]
By the age of retirement, the average working woman will have lost $160,000 in superannuation due to career breaks, according to REST Industry Super. To determine the financial impacts of career breaks on working Australians, the superannuation fund commissioned research, including a survey of 1030 men and women who had taken a career break of […]
It’s hard to believe we’re more than a month into the new year. Many corporates didn’t return to business until after Australia Day, giving the SME owners who’d been in full swing for a few weeks a great head start. To capitalise on this early advantage, here are some of the trends SME owners should […]
The Federal Government is now seeking applications for grants of up to $7000 to help Australian researchers and SMEs work with overseas experts to develop and commercialise their projects. According to Minister for Jobs and Innovation, Michaelia Cash, the Global Connections Fund (GCF) Priming Grants empower organisations to collaborate in the global arena, link with […]
