Tag: american express

Student marketplace and payments app, QPay, has secured a $1 million cash injection after funding from the Sydney Angels Sidecar Fund 2 was supplemented by a $380,000 combined investment by Steve Baxter and Naomi Simpson in exchange for 8.4 per cent of the firm’s equity during the recent episode of Shark Tank.

As a nation, Australia ranked bottom of the table behind other nations including the US, Canada, Mexico, Ireland and Denmark when it comes to paying invoices.

Australian business owners have finally gotten an easy way to get paid for goods sold or services that they render due to the introduction of Square Invoices.

Back in 2003 Emily McWaters decided at the age of 20 to drop out of law school and start an online gifting service with her 10,000 worth of life savings

The inaugural B2BExpo 2016 scheduled for April 27-28, organised by Australian Business Forum (ABF), is an ideal forum for SME owners to meet and connect

Customer service priority #1 this Christmas. Retailers, have enough staff to help customers; invest in loyalty and avoid turnoffs like point of sale charges

Radio and TV personality Jules Lund recently launched a new social media influence app, TRIBE backed by $750,000 seed funding from big name investors

The events industry has always adapted to new technology early. Holograms, laser light technology, beacon and geo-location based activity, live polling and several other...

E-commerce platform Bigcommerce has raised USD $50 million in Series D funding. This round of funding adds to the $75 million raised to date,...

What do Airbnb and Uber have in common, besides being two of the most hyped about start-ups? If you haven’t already heard, they’re partnering with...

Launched in Australia this May, ExpenseIt, the new expense app from Concur is aimed to make expense reporting quicker and easier than ever. Users simply...

Do you really need some more plastic in your wallet? Martin Martinez believes SMEs do because they remain underserved in the Australian market. While there...

In business, loving thy neighbour can mean the difference between being a survivor and a casualty. In this spirit, this November MYOB, one of...

Are you an entrepreneur? Does this sound familiar? “Hey buddy, have you heard about this new clever tactic of squeezing more out of your...

The Entourage Group has traditionally run mentoring programs, primarily for the young to learn, in a manner of speaking, at the feet of the old. It might just be the time for a switcheroo – allowing the older lot to learn from the young, and catch up with technology.

“Diners are hungry for restaurants to use the online space to communicate with them and it is those restaurants that make an effort to interact with their customers long before they enter the restaurant that are winning the battle.”

Digital and social media company makeovers are the right solution for Australian small business success - that’s the conclusion of a survey by American Express. The company has run a competition named “Take Off” for Australian businesses. The prize for the winning small business owner is a digital and social facelift.

Female business owners are embracing social media faster than their male counterparts, says American Express. On the other hand, male business owners are more willing to adopt new technologies and gadgets. “While male business owners focus on the importance of acquiring the tools with which to get connected, their female counterparts are more focused on putting these tools to work for them.”

Small is indeed beautiful when it comes to business structures. Economists who have for long trumpeted the virtues of being small should be able to pat themselves in the back one more time as small enterprises show great resilience, not to mention optimism, despite fears of a global economic crisis. A survey by American Express reveals that a majority of the nation’s small businesses are quickly adapting to the adverse economic conditions and a third expect to increase profits despite from a slowing, and fragile, global economy.

"There has been a shift in spending with more consumers searching for meaningfulness from their purchases,” said Melbourne-based social researcher Jeff Gilling. Small businesses should take the time to get to know their costumers individually and ask for their feedback, they should investigate how they can contribute to their local communities and should develop incentives to encourage customers to return.