When you’re running a small business it’s vital to manage your fixed costs. Staff costs are possibly the biggest one. You want to pay fairly but not through the nose for your people, but how do you know what your staff are really worth? Digital tools such as the salary checker app for iPhones may help.
Given differing advice, and with different levels of financial nouse, some Australian councils, churches and charities lost millions during the sub-prime crisis. Today mediation for a class action to recover the money from the now-bankrupt Lehman Brothers Australia begins.
Even before the floods in December and January, business confidence was already on the wane, according to the quarterly business survey released by the National Australia Bank on Tuesday. The survey of 900 businesses found there was a drop in the business confidence index from 9 points in the third quarter to 5 points in the fourth quarter, with a decline in profitability, sales and trading being significant factors.
With work to be done from Far North Queensland to Victoria and WA, as the rebuild after floods, fires and Cyclone Yasi kicks down a gear, Prime Minister Julia Gillard is asking tradesmen to consider packing their bags and mucking in to help, aided by a new apprentice or two.
Facebook addicts, and mobile business people, the world over can soon get their hands on their very own super smart android phone, purpose built for social media. Brand HTC – which is rapidly becoming synonymous with “Google phones” (phones built on the open source, android platform) has launched two new smartphones at the World Mobile Congress in Spain.
Fast-paced SMEs pride themselves on their ability to outwit and outsmart big business but the reality is, corporates continue to dominate many markets in terms of sales. How do they do it and what can you learn from it? SMEs often believe they can innovate, respond quicker and offer personal service that the bureaucratic and […]
The tight venture capital market, brought on by the global financial crisis, and the withdrawal of the Federal Government’s Commercial Ready grant last year have threatened the viability of start-ups with research and development projects. Spokesperson for GBS Ventures Brigitte Smith says the majority of companies in the life sciences sector have less than a […]
From start-ups to established, growing businesses, be inspired by the success stories of 15 top businesspeople in Australia under the age of 40.
Combating the skills shortage plaguing small and medium-sized businesses is tough. But if you want more free time and need staffing solutions for the skills shortage, it’s worth investing money in outsourcing and part-time employees. As a small business owner, you’ll probably be familiar with two scenarios symptomatic of staffing issues. One is the ubiquitous […]
If you’re looking for ways to ease the start-up phase or grow your business through innovation, technology parks and business incubators are a good place to start. The start-up or early phase of a business can be tough. Sometimes new kids on the block are isolated from the expertise and resources provided by technology parks […]
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