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.
New research indicates that a small number of Australian businesses are willing to collaborate with their competitors in order to advance the industry they work in, drive innovation and build the market.
Many would agree with Stanislav Roth’s view that conventional law firms are failing to adapt their ‘modus operandi’ in response to the unique needs of start-ups and SMEs. Many start-up entrepreneurs and small business owners, he says, believe legal services are too expensive, complex and slow to engage from an early stage. These businesses are…
Australian mobile invoicing app Invoice2go, one of the few Aussie apps being included on the Apple Watch, recently announced a new milestone highlighting the widespread adoption of mobile invoicing. More than one million invoices are now created globally per month by Invoice2go customers, reinforcing the popular app as the go-to tool for small and microbusiness owners…
This is the million-dollar question for so many start-ups, and also a burning issue for most SMEs. The answer comes down to three key pressure points, and how entrepreneurs deal with these points can have a huge impact on whether their business grows, or fade into the quiet of the night. Pressure Point 1:…
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…
Entrepreneurs, it may be time to go back to school. Well, just for a few days, and with a rather cool program. The University of South Australia’s Centre for Business Growth (UniSA CBG) recently announced the launch of a unique set of leadership programs designed to equip executives of Australia’s small to medium enterprises (SMEs)…
Entrepreneurs and business owners now have the option to fund their dreams without selling a part of their soul to the banks. Enter ThinCats, a new peer-to-peer business lending platform that has launched in Australia to assist the country’s 2.1 million small to medium sized business gain access to cost effective funding. This is good…
![More than one in three SMEs are missing out on the benefits of being online [INFOGRAPHIC]](https://anthillonline.com/wp-content/uploads/2014/10/online-presence.jpg)
The latest MYOB Business Monitor has revealed that at least one third of SMEs are reducing their performance potential by overlooking the significant opportunities that come with having an online presence. This latest survey of 1,022 Australian SME owners and managers by research firm Colmar Brunton, found that more than six in ten don’t have…
Just 20 years ago, the first ever documented e-commerce transaction was made – someone in the US bought a Sting Ten Summoner’s Tales CD in August 1994. Amazon was founded the next year in 1995. By the end of 1998, annual online retail sales had hit $8 billion and the very next year in 1999,…
Quality talent is attracted to SMEs by far more than an attractive salary; we human beings like to be more than numbers to a company. Opportunities such as travel, entertainment or further education and training not only give a career its wings but stimulate innovation and original thinking which is critical to keeping the business’…
![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….
Days ago, StartupAUS’s Crossroads report detailed chinks in Australia’s start-up ecosystem, calling for a major overhaul if the nation is to catch up with global leaders. Now Microsoft is calling for a transition to an information-age innovation ecosystem.
MYOB’s Business Monitor – a national survey of small and medium business owners and managers – has found that more and more Australian SMEs are using more and more online technologies to run their businesses. If that’s the cup half full, consider the one half empty: Simultaneously, the survey found a growing divide between the online-savvy businesses and the online laggards.
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 be a lot greener, according to MYOB’s first Trans-Tasman business report. According to the analysis by the accounting software provider, New Zealand SMEs are expected to outperform Australian SMEs across a…
After years of being a stay-at-home mum, Jenny Folley started to get itchy feet. She missed the thrill of work but didn’t want to put her youngest daughter through childcare so she thought, “Hey, why not start a business?” After doing some research, she recognised a gap in the Australian market for serviced offices specifically…
In business, loving thy neighbour can mean the difference between being a survivor and a casualty. In this spirit, this November MYOB, one of Australia’s largest accounting software providers, is giving back to the Aussie business community that supports it, through the Shop Small movement. The Shop Small movement was created four years ago by…
No matter what industry you are in, when creating your marketing plan, you have make your business stand out as much as possible. In any niche, most players look the same. Their marketing is in “a sea of sameness” making most of them practically invisible. Now in standing out in your marketing strategy, your plan…
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