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“It’s too financially unstable…”, “I don’t have any experience in running a business…” and “It’s too lonely..”, are just some of the reasons some may give for not making the leap.
Launching a business is by no means an easy task. Even the most brilliant idea has the possibility of failing if not executed properly.
Research by leading online lender OnDeck confirms that one in three (30%) SME owners have no plans to take time off this year. Among the 70% that do intend to take a break, a holiday is likely to be a ‘workation’, with 95% of SME owners saying they check emails while away from their business.
Forget lazy and entitled: New research shows millennials the fastest-growing small business operators in...
New research by Xero, the global small business platform, has revealed millennials — those under 35 — as the fastest growing segment of small business ownership
Customers today are faced with an overwhelming number of choices in everything they do. The digitisation of everything has led to consumers...
In the age of advanced technology and rapid social media consumption, the necessity for automisation and customer engagement via the internet has...
Small business confidence remains high, despite media rumblings around economic concerns, according to a new report released at the end of...
Prospa, a leading Australian online lender to small business, is pleased to announce its pro-forma results for H1 FY19. The total loan originations for...
Business lender Moula commits additional $250 million to fund Australia’s small businesses, positions to...
Business lender Moula has announced an additional $250 million would be made available to fund Australia’s small businesses as it vyes to compete directly with traditional banking institutions.
Large Australian companies and institutions are infamously bad at paying smaller businesses on time. The Australian Competition and Consumer Commission reports that nearly three quarters of all invoices are paid late.
Research, commissioned by Prospa, shows that more than half (54%) of small business owners spend 6-7 days a week on their business, with one in four (28%) working 7 days a week.
The Australian Bureau of Statistics states that 50% of all SME operations go out of business within three years and over 40% of these failures are due to poor cash management.
Scott Morrison delivered his second budget in May and there is barely a ripple in the water. No huge sweeping reforms, no budget emergencies, it was almost a non-event.
There’s no doubt that small businesses are a core part of the Australian economy but when big businesses fail to pay on time, small businesses are forced into what we call a ‘cash flow gap’.
Employment Hero Founder and Chief Executive Officer, Ben Thompson said: “By simplifying administrative processes we can help businesses be significantly more productive.
There are three major trends in the business world which are driving demand for Virtual Chief Financial Officers (VCFOs). The rapidly growing number of start-ups...
The Xero Small Spark survey canvassed the opinions of more than 340 small business owners across Australia and New Zealand to identify the key factors driving people to go out on their own.
As the digital age intensifies, our individual and organisational reliance on digital technology will increase, so too will the incentives and motivations for criminals that are equipped to take advantage of our digital adoption.
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.
The recent federal budget doesn’t go far enough to turn Australia's ideas boom into an implementation boom according to business author Jenny Vandyke