#Smes
The invisible industry turning to data to stop losing clients
Cleaning happens out of sight, out of hours, and mostly unmeasured. Industry voices say that’s starting to change.
I bought four Cricket World Cup tickets and missed every match
A head chef resignation, missing recipe photos and six weeks of searching. Badrul Haider on what no handover can prepare you for.
Parliament wants to hear how SMEs handle cybercrime
A federal inquiry wants to know how small businesses cope with cyber crime. Hearings run until 4 November and a survey is open until January.
Two card rules just flipped on small business in 60 days
Two card payment changes in 60 days. COSBOA says small business needs room to adjust
Free advice, real data, and a reason to shop local this October
NSW Small Business Commissioner Kalina Koloff explains what this year's new research reveals about the state's business owners.
Five grant deadlines small business owners shouldn't miss this October
Several small business grants close this October, from export loans to wine tourism funding. Dynamic Business rounds up the key dates.
Cybersecurity budgets do not fix unclear ownership
Spending more on cybersecurity won't help if nobody owns the decisions.
Pay Keeps Rising: 5 things owners should know from SEEK's data
Job ads are up, salaries are up, and competition for roles is still fierce. SEEK's Dr Blair Chapman explains what's behind the numbers.
How to start an online store in 2021
While it can be overwhelming to start an online store from scratch, hundreds of entrepreneurs proved it can be done – even during a pandemic – by keeping it simple and having a clear online strategy.
SMEs expecting salaries to be frozen for the next 12 months
47 per cent of small to medium enterprises expect salary increases to be frozen for at least 12 months, according to a new study from ACA research. It is positive to see that the proportion of SMEs reporting a decline in revenue has decreased from 78 per cent to 67 per cent last month. Consequently, […]
How can SMEs meet Australia’s growing challenges?
By Anna Crabb, General Manager of B Lab Australia & New Zealand “Australia is at risk of falling into a slow decline if no action is taken”. This is the stark warning from the recently released groundbreaking Australian National Outlook report from CSIRO and NAB, which draws on leading experts and extensive data analysis to forecast […]
How SMEs can turn tax time into an opportunity to grow
Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns for the business and group certificates for employees, as well as finalise sales, do stocktakes, and ensure all financial recordkeeping is in order. The thought of adding another task to that […]
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 […]
Ombudsman supports Business Growth Fund for high growth SMEs
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell today welcomed the announcement of an Australian Business Growth Fund, a recommendation in the ASBFEO’s Affordable Capital for SME Growth report. “Our report identified the need to address a critical funding gap for long-term, patient capital to enable our up-and-coming, high growth potential small […]
Aussie start up founders react to the budget
These Aussie start up founders share their thoughts on the Federal Budget reveal earlier this week, giving us an insight into how SMEs are going to be affected – the positives and the negatives. Carl Hartmann, Co-founder at ShortLyster “The part of Mr Frydenberg’s speech most relevant to the startup sector was his […]
SMEs’ wish list for federal budget revealed
With the federal budget announcement later today and an election on the horizon, a national survey reveals clear expectations of what the government should prioritise for the small to medium business sector. SME Growth Index research released yesterday shows the priorities of SMEs in regards to what the new Federal Parliament should focus on – and company tax cuts was the top response. […]
Businesses are missing out on government tender opportunities
Businesses are losing out on lucrative projects as they are not submitting for work through government tenders. In particular it is SMEs that are not recognising the ongoing opportunities for business projects, and these opportunities span across all industries and sectors. “There is a broad range of work available from maintenance, marketing, to building and […]
How finance teams can overcome cloud fears
The futures of finance and technology have never been so closely intertwined as they are today. Cloud computing underpins this. What are the challenges associated with moving finance functions to the cloud and how do you overcome them? The migration of financial applications to the cloud is happening much faster than expected. Research firm Gartner […]
Why hiring graduates isn’t a cost to SMEs
New graduates are stepping out of university and finding it harder than ever to gain employment. They often turn to the graduate programs offered by large companies, where in some industries they take on hundreds of new recruits annually. For those that aren’t successful in these initiatives, or find themselves in an industry where programs […]
What you need to know about Copyright, Trademark and Business Name Registrations
Copyright In Australia, copyright protection is automatically granted to any original creations. This means that as soon as someone has created something original such as writing, music or artwork, they then become the copyright holder for the creation. As the copyright holder, you then own the rights to your creation, including the right to license […]
Top 10 tips for working smarter with technology
Fifteen years ago we were promised a more productive future, where technology was going to transform how we worked and make life easier for all. Is anyone feeling this yet? Probably not. In fact, most of today’s knowledge workers would say that they are busier, working longer hours and are more overwhelmed and stressed. What […]
Export opportunities await in South Korea for SMEs
South Korea is one of Australia’s closest economic and trading partners, and with its high-income economy, there is a strong market for Australia’s high quality goods and services. For Australian SME exporters thinking about entering the South Korean market, it is important to first identify the opportunities for your business and any potential risks. Opportunities […]
SMEs prospering with Prospa as more turn to alternative lenders
From and early age, Greg Moshal has always been involved in small business. With his beginnings in a family venture to owning his own, the struggles of obtaining finance to start and grow a business became an all too familiar story. Speaking of his own experience starting and running a business, Greg told Dynamic Business […]
Emergency response and risk experts take Australia’s top business award
Offering emergency response, crisis and risk management services to government agencies, corporates and not-for-profits, Perth-based Executive Risk Solutions (ERS), were crowned Business of the Year at the 2015 Telstra Business Awards ceremony in Sydney last night. Scott Houston, who served in international conflicts as a former Special Air Services Regiment trooper, established the business in […]