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A small-to-medium sized business can rapidly spend a fortune on supplies like stationary, pens, toner and ink cartridges, staples, shipping boxes, and fuel for its fleet. Now, there’s a new buying group poised to help any of Australia’s more-than two million SMEs source supplies. Founded late last year, SME Savings has already enlisted over 400 members and aims to offer big business buying power to your small or medium sized enterprise.
A common theme among failed businesses is inadequately managed finances and accounting irregularities. As a business owner it is important to have adequate measures in place to protect your finances and assets. An example highlighting this necessity is the recent case with electrical goods retailer Clive Peeters, where an employee allegedly siphoned $20 million of company funds.
The Telstra Business Award (established in 1992) recognizes the success of small and medium size business in Australia and recognizes the contribution that small and medium businesses make to the economy of Australia. The Telstra award program also seeks to assist small and medium sized business owners in developing success for their enterprise.