Around nine out of 10 Australian SMEs are frustrated about their business funding, naming onerous loan conditions, having to provide property security and a lack of flexibility as their major concerns. These are the findings of the latest SME Growth Index, conducted independently by banking market analysts East & Partners, on behalf of national working…
The federal government released its budget with some initiatives that were targeted at small and medium enterprises (SMEs). However, some of these initiatives are not really what the small businesses were hoping for in order to flourish. With an election around the corner, a national survey reveals what the small to medium business sector wants…
Ms Mateljan brought the CourseGenius learning platform to Afghanistan in 2014 to help an international NGO facilitate localised training. Ms Mateljan used the platform to roll out an eLearning pilot program for the NGO’s Leadership School in Kabul during a particularly unstable political period.
Automated debt collection company ezyCollect has closed its oversubscribed capital raising at $1.25 million in a round led by Tank Stream Ventures.
SME Credit Score helps SMEs get finance at the best possible rate by educating them on their credit score & connecting them with the most appropriate lender
It’s fair to say not too many Australian SMEs keep their bank manager high on their Christmas card list. Reasonable or not, banks are often seen as not giving a fair go to the average Aussie start-up. What other options do they have?
Toxic employees are the single major workplace issue for Australian employers within SMEs, based on findings by Employsure, Australia’s largest employee relations advisory service.
Australian entrepreneurs have a lot of things in spades – ideas, passion, skills and the guts to start a business – but new research has revealed that our start-ups urgently need a helping hand when it comes to financial know-how if they are to survive in the long term. The Intuit Financial Fitness Startup Study…
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 by accounting software provider, MYOB. Based on a survey of 1026 SME owners and managers, the research uncovered the true cost of the GST burden on the men and women running…
![Is Twitter the key to growing your small business? Yes, it is, according to this study [INFOGRAPHIC]](https://anthillonline.com/wp-content/uploads/2014/07/Twitter.jpg)
Australian tech start-up Bigcommerce, a software company that powers online retailers of all sizes, recently teamed up with Twitter to do a study into how online retailers use social media to connect with customers. If the findings of this study are anything to go by, it appears that although a lot of the talk for…
Employing 70 per cent of Australia’s labour force, it cannot be overstated how important it is to keep a finger on the pulse of our nation’s SMEs. On that note, SME Association of Australia (SMEA), which has over 18,500 members across the country, recently released the findings of an extensive survey they conducted. The McNair…
According to research recently undertaken by global online accounting software Xero, Australian SMEs that use online accounting are getting paid 19 days faster nowadays than they were two years ago – down from 51 days to 32 days. This statistic comes from analysis of four million Aussie SMEs in the two years since October 2011….
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 2014 budget this week, MYOB examined how SME owners will receive the changes this year’s budget presents, as well as what changes they would like to see implemented. MYOB CEO…
We all know that that cash-flow is the lifeline of every business, right? So if Australian businesses have to wait nearly eight weeks to be paid by their customers, then how exactly are they still surviving? Divine intervention? Dun & Bradstreet’s latest Trade Payments Analysis (TPA) indicates that during the second quarter, the average invoice…
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.
The key to successful, dedicated offshore staffing is effective communication. When hiring local staff, would you turn them loose on their first day with little supervision, training and support? I would expect you’d have some sort of induction program in place. The same rules apply to offshore staffing.
Entrepreneurs’ and small business owners’ access to offshore contractors and staff is, I believe, one of the most significant game changers in the last 30 or 40 years. The internet has opened markets and modified business processes for SMEs. With fast broadband internet connection now easily accessible in many corners of the world, the opportunity to access offshore virtual staff drives benefits to a whole new level.
A location-aware platform, Spreedle will allow businesses to target buyers in their vicinity and set their own schedules for posting digital vouchers, deciding for how long and for how many customers the deal is valid. Can this Sydney start-up make a splash in the Groupon market?
Barry Westhorpe is Chief Executive of The CEO Institute – Victoria, a leading networking group for senior executives. In this podcast, Westhorpe explains the results of a recent report released by the institute on CEO confidence levels in Australia. While news has been good for the financial and service sectors, business sentiment is turning pessimistic due to uncertainty in overseas markets and in Government policy on SMEs.
The Awards commended Australia’s top exporters for their achievements and commitment to success in overseas markets. The three SMEs honoured were Future Fibre Technologies (FFT) of Victoria, Epichem of Western Australia, and Pivot Maritime International of Tasmania. FFT also took home the top prize of Australian Exporter of the Year.
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