We continually hear about how larger companies have utilised social media to communicate with their customers but conversely, statistics show SMEs are not having an impact in this space; in fact, they are not doing much at all.
A comprehensive survey of Australia’s small and mid-sized businesses has found owners and operators are increasingly turning to personal credit, loans from friends and family, and savings as a means of plugging cash flow gaps.
Traditionally as a business grew and began to add PC’s they would add a server to store documents and then to manage email and printing. At some point they would add an application for accounting or stock control and customer management. This generally meant that they would be a server PC that would sit “On-site” under a desk in the office.
Griffith University is launching a program to connect south-east Queensland small to medium businesses with skilled graduates and students called Griffith Talent.
Cloud computing or Cloud services, subscribing to software and other IT over the Internet, has leveled the playing field for small businesses by giving them access to world class, enterprise quality Cloud services at an affordable price.
I have been asked by a Dynamic Business reader (thanks to @djcoombes74) to discuss the costs associated with debt recovery. The collection of debt is an important topic for businesses and an area that is often poorly managed.
Yodalizer, a new Brisbane-based market intelligence analysis agency is on a mission to work with mid-tier SMEs to provide credible and up-to-date data to support business growth.
While it is clear that locational based checkin services such as FourSquare are continuing to grow at phenomenal rates, adding 15,000 users a day they appear to be missing the mark on small to medium sized business.
National Australia Bank’s (NAB) SME Quarterly Survey (June 2010) found that business conditions, profit growth and the cash flow position of Australia’s small to medium-sized enterprises deteriorated for the second consecutive quarter in June.
Debt collection agency Collection House haave announced a 21 percent higher net profit for the last financial year as calls for debt collection post-GFC soar.
