With businesses facing immense obstacles and having to strategise quickly in the face of short- and long-term impacts of COVID-19, ensuring that your cash flow continues has never been more important.
Regardless of government incentives, not many businesses will be committing to capital expenditure during this time. There are measures to be implemented that will safeguard the livelihood of Australian small businesses.
Small businesses and entrepreneurs are the backbone of the Australian economy. From small retailers and tech entrepreneurs to sustainable farmers and artists, Australia boasts 2.1 million of the brightest, dynamic and most innovative small businesses.
Australia’s micro businesses across almost every industry sector have reported significant negative revenue generation for FY 2019, invoicing for 7.6% less than the previous financial year, according to research released today by Invoice2go.
Australian financial technology company and alternative lender, Lumi, has announced it has completed an $8 million capital raise in a bid to turbocharge business growth and meet the rising demands of small business lending in Australia. The raise was led by a consortium of on-shore family offices and was led and managed by the Josh…
Keeping a small business afloat is hard enough without having to worry about marketing online and connecting with audiences on social media. I get it, you’re swamped and you probably don’t know the first thing about marketing. But what if I told you that this was a sure fire way to rapidly scale if not double your business?
Business insolvency is a very real risk for many new and existing Australian small businesses, but countless business owners are not spotting warning signs early enough. That’s why specialist insolvency firm Jirsch Sutherland together with accounting firm Nexia Australia and New Zealand are urging SMEs across the country to take a serious look at the…
Kremer and Khan believe that by utilising marketing initiatives well, it can raise brand awareness and result in a steady flow of business leads. They share their top five tips on how to grow startups to a global scale.
The winning small business will receive a prize pack that includes $10,000 worth of parcel and freight services from PACK & SEND, a three-month business mentorship with Hannah Staples, co-founder of Peppermint Grove Australia.
The survey of more than 600 small business owners across the country revealed that one in two (50 per cent) respondents are not satisfied with the government’s management of the Australian economy.
Just as disruptive start-ups are rethinking almost every industry out there, alternative lenders are assessing risk in an innovative way, using big data in real time to enable more businesses to get the capital they need for growth.
PoweredLocal is a Wi-Fi and social media marketing startup that helps connect small businesses to their customers. At it’s most basic level it gives customers access to free Wi-Fi in return for a check-in on Facebook or other social media platform.
Close to half of Aussie small businesses surveyed (49 per cent) indicated they were ‘very’ or ‘extremely confident’ of growth in the next 12 months, however nearly one in three had a neutral outlook — believing their business will remain stagnant.
The most important prerequisite for a newly founded business to take off successfully is ensuring that they always have enough assets for their everyday obligations.
In July 2012, while managing a large Westpac branch, he came across an interview with the founder of a well-known personal budgeting company which claimed they had created a new category in personal finance.
Entrepreneurship has confronted several challenges with financial difficulties and constraints always being one the key reasons that prevent many start-ups from getting off the ground.
Sail has developed a unique algorithm that harnesses big data in real-time to offer fully customised lending decisions. In a matter of minutes, business owners can apply and receive a loan offer that is tailored to meet their needs.
When everyone has access to the same information, something profound happens: systems become unified, and processes become streamlined. You can then start to roll out standard processes across your organisation.
A company that started as a two-man shop in a Sydney kitchen and now stands as one of Australia’s largest mobile technology firms has taken top honours at the 2016 Sydney City Regional Business Awards.
The study, which focused on small businesses in the U.S., Canada, the U.K., and Australia revealed that 64 percent of small businesses run in the cloud, 68 percent use apps, and 66 percent use a smartphone.
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