OPINIONS & ADVICE
Why Australian businesses should look to offshoring as a way to boost innovation
Business Process Outsourcing (BPO) is one approach Australian companies can take to assist in freeing up fiscal and human capital. At a minimum, businesses can save up to 60 per cent on current contact centre costs, which can then be reinvested back into the core business and enable a shift towards high value tasks.
‘Who the hell hacked my car?’ Is jackware (ransomware for connected cars) inevitable?
Jackware – a termed suggested by fellow senior ESET researcher Stephen Cobb – is malicious software seeking to take control of a device. Ransomware such as Locky and Cryptolocker use codes to encrypt documents on computers and demand a ransom to unlock them.
This is why the supervillains of the Suicide Squad would make the best start-up...
Rarely is a business founded with the perfect team. How does one recruit an ideal start-up squad?
‘Hands off our data!’ 5 cybersecurity survival strategies for small Aussie businesses
There were 700,000 ransomware attacks in Australia between January and May 2016 alone. With Australia’s reputably strong economy and digitally-integrated businesses and consumers, we’re the perfect target.
3 things every Australian SME needs to know about preventing ransomware attacks
Cyberattacks have been part of Australian organisations’ landscape for a long time now, and as businesses embark on a ‘digital-first’ approach we are seeing the cyber threat landscape expanding. Today, there are more cyberattacks, data leaks and ransomware activities than ever before.
You need to know these key terms to understand Silicon Valley start-up funding
The term sheet sets forth all the terms and conditions of an investment. It is not, however, the definitive or legally binding document that an entrepreneur might ultimately sign, but rather a statement of intent.
The salsa of success: 3 top tips for building a thriving business in the...
For 12 years, I ran a dance school. I discovered that while loving what I do goes a long way, it’s not enough to build a successful business.
6 key tips on how to improve the health of your business in this...
The New Financial year also provides a perfect opportunity to apply similar strategies to ensure that your businesses health thrives with minimal to no hiccups.
Would you take business advice from a machine? Well, here are the pros and...
The mission, in short, became to build a product that was capable of providing personalised education and human-like support to every entrepreneur on the planet, all at the same time.
10 things you need to keep in mind when targeting the Chinese online customer
It is clear from these growth figures that there is a huge untapped market for Australian companies to sell goods and services to Chinese consumers through online channels. However, this market can be notoriously difficult to do business in.
At last – your business will soon enjoy data storage as easy as turning...
The new technology is a disruptive game changer. It is able to transform storage into something a business can simply depend on.
The Big Data of You: How your online reputation shapes economic outcomes
However, so far big data has focused on aggregating large data sets that group people based on shared characteristics and behaviours. It’s your similarity to the group that matters, not you as an individual.
How this emerging technology streamlines branch office connectivity and cuts costs
Branch office connectivity has long posed a challenge for geographically distributed organisations, a problem that multiplies as they enter new markets or expand within existing ones.
Drive for Uber or list on Airbnb? Here’s 5 things you need to know...
But there are a few essential things rideshare drivers, space-sharers and other ‘sharing economy’ workers need to know come tax time. Those earning income from the sharing economy should prepare for close scrutiny from the ATO.
This is exactly why I choose to embrace business competition… and you should too!
It was scary and exciting to do something no one else was doing. But then some other people got the same idea and suddenly there were a few people doing the same thing. But rather than freaking out and holding all my cards close to my chest – I celebrated.
Five book writing mistakes entrepreneurs always make… and how you can avoid them
So what can you do? Read on for how to avoid the top five book writing mistakes made by entrepreneurs, and what you should do instead.
I need to vent my spleen… about this ‘ideas boom’ we are supposed to...
And you can't attend a summer barbecue in Australia without someone's brother-in-law downloading his brilliant idea to anyone within a snag's throw. We're outstandingly good at coming up with 'ideas'.
Welcome to the experience economy aka the greatest customer revolution ever
We live in the experience economy - an economy driven by experiences and sustained through digital integration and innovation in a world more connected than ever before
Make the most of it! Here’s how start-up owners can maximise their tax returns
Tax savings are a big business. According to the ATO, businesses deducted $2.5 billion in expenses in the 2013-14 financial year. At the top of the list was cost of sales, and at the bottom were motor vehicle expenses, demonstrating the activities that were more or less likely to be considered as a deductible expense.
How to attract the best senior talent when your business is just starting out
Hiring the best talent straight off the mark is not easy, not cheap and it can be risky. It may be tempting to take the ‘safer’ option of hiring less experienced staff at the start with the intention of attracting more experienced talent as the business grows.
