Tag: tim reed
Justin Hemmes & Tyro lead $8 million Series B funding round for hospitality mobile...
me&u, Australia’s mobile ordering & payment app for cafes, restaurants and bars, recently announced an AUD$8 million Series B funding round, as it sets itself up to expand interstate and enhance the product suite.
Australian SMEs are bleeding $13.7 billion a year as they pay GST
Complying with Australia’s GST rules is costing small businesses big time - more than $13.7 billion a year, according to new research recently released...
How to rediscover fast business methods: Meet Tim Reed, CEO at MYOB [VIDEO]
I recently interviewed Tim Reed, CEO at MYOB. As we talk about in this interview, MYOB has been through quite a journey over the...
What effect will the 2014 budget have on Australia’s small businesses?
As the bedrock of our GDP health, the needs of SMEs are vital to the success of our economy.
Following the handing down of the...
The end is near! The end of the financial year that is… and here...
As the end of the financial year (EOFY) draws closer, many SMEs report they are not waiting until after June 30 to get their...
MYOB report on SMEs: Grass is greener across the Tasman!
Often the grass on the other side seems greener. This time, the grass across the Tasman Sea doesn’t just seem greener. It’s going to...
Pssstt… Hey, got any start-up plans for 2014? You are more likely to succeed...
Succeeding in business in 2014 will take more than a lucky strike. As it does in any year, many factors come into play in...
Love thy SME neighbour this November, shop at the nearest small business. You might...
In business, loving thy neighbour can mean the difference between being a survivor and a casualty. In this spirit, this November MYOB, one of...
The elections are behind us but SMEs are still casting a vote of no...
We are through with the latest round of federal elections but if the latest research from accounting software provider MYOB is anything to go...
5 reasons you should close that Excel spreadsheet and switch to cloud accounting
We reported how many Aussie businesses are stuck on old school accounting, with one in seven SMEs (13.6 per cent) not even using basic...
Let’s face it people, old-school accounting just doesn’t cut it anymore!
Accurate accounting is absolutely essential for the success of any business, right? It is therefore shocking to learn that according to a recent report...
Mood of the SMEs: More upbeat about economy, but decidedly downbeat about government
Might the two millions SMEs be swing voters in this year’s elections? Potentially, they could, especially when disgruntled.
The storm is over, the storm is over now! Seriously, SMEs are singing along...
The research found that 26% of SMEs expected the domestic economy to improve within 12 months, an obviously welcome increase from the 19% of the July 2012 report.
What does 2013 have in store for SMEs? It’s looking pretty good
Conditions remained tough last financial year. Twice as many businesses experienced a fall in revenue and two in three estimated that economic improvement was more than 12 months away. What’s more, the highest levels of SME dissatisfaction with the Federal Government in the history of the research were recorded.
The 6-step guide to SME success this silly season
The weeks leading up to Christmas may be demanding for shoppers, but they’re even more so for business owners and their staff. Now is the perfect time to plan for this busy period to increase the likelihood of a successful and happy selling season.
Finding the silver lining in cloud computing!
Even though the cloud has been changing business for the better, confusion about its definition and uncertainty about its benefits are still fairly widespread among SME business owners, said MYOB CEO Tim Reed.
MYOB survey says more SMEs should join the cloud computing crowd
New research from MYOB has shown that cloud-computing is raining success down on SMEs. The research shows a pattern of positive financial and operational results. The MYOB research also forecasts more of the same on the horizon. One key finding was that those using cloud technologies for business were 53% more likely to see revenue rise in the past year, making cloud computing the object of envy for SMEs not already using the technology. MYOB, which offers its own suite of cloud solutions, commissioned independent market research firm Colmar Brunton to conduct a nationally representative survey of more than one thousand SMEs.
SMEs dumping Internet in the face of economic slump
The Business Monitor, which surveyed 1,004 SME operators, found online business activity such as online transactions, email marketing and social media to be in decline. Less than a quarter (24%) used search engines to promote their business, down from nearly one-third (31%) in March. Social media activity on Facebook, YouTube and Google+ fell three percentage points to 15% and professional networking on LinkedIn fell six percentage points to 13%
Online SMEs performing better than sans-site peers
The folks at MYOB love themselves a bit of statistic-y goodness. Their latest number crunching shows online SMEs are fairing much better than their not so digital counterparts.
EOFY blues? Here’s light for the end of next year’s tunnel
EOFY — end of financial year — is never fun, certainly not as much as a night out. But despair not. If you start now — and do all the smart things — your next EOFY could be a walk in the park. To set you on the right track, here are top 10 tips from MYOB:
