Tag: smes
If you are not running a department store, why on earth are you still...
One of the biggest mistakes many businesses make, especially SMEs, is to market their products or services on price. Trust me, the last thing...
Profits are falling and the economy is slow. It is time to take the...
With the current trend of declining profits and the impact of slowing economic activity, now more than ever, Australian businesses need to act right...
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...
Cash flow still remains the mother of all headaches for SME owners
Having recently reported how Australian business are having to wait up to eight weeks to get paid by their customers, it is clearly no...
If it feels like clients are taking a long time to pay up, you’re...
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...
Five ways to keep the winter from freezing out your business’ engine
As the mid-winter mark passes, now is a perfect time for you, as a business owner, to start warming up your business’ engine in...
Dreading the arrival of the office energy bill? You’re not alone
Energy makes the world go round, right? Oh, sorry... that’s money.
But energy is very important too, right?
Well, if you agree with me...
Dear Aunt Agony, my SME has dumped me for the cloud. Yours truly, heartbroken...
Listen up all ye accountants! Some very uncomfortable statistics are emerging about your profession in relation to SMEs. Almost two thirds (64%) of SMEs would consider replacing some of the roles that their accountant currently performs with a cloud-based accounting system.
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.
It’s nearly that time again. Yes, BAS time. Here’s a sensible way to take...
Many businesses have no idea that using an unregistered practitioner could be to their own peril and may result in hefty penalties. TASA is here to protect the public from risks associated with dealing with unqualified or unskilled BAS providers.
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.
May the Force be with you: SMEs expected to grow in 2013
The TEC Business Confidence Index, which measures the confidence of business leaders around the nation, also shows that businesses in NSW were the most confident, with 90% expecting a profitable 2013. In the wake of tough budget measures, South Australian businesses displayed the lowest confidence levels with almost one quarter (23%) expecting profit levels to fall in the New Year.(May the Force be with you, NSW readers.)
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.
Six tips for entrepreneurs who are afraid to let go of responsibility
Remember, the longer you try to control everything with your own two hands, the longer you are condemned to keep doing it. Realise your controlling ways and set yourself up to manage through others and watch your life get simpler.
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%
The difficult art of wooing new clients, and keeping existing ones happy
Call our SMEs old-fashioned but they would rather pursue the traditional channels. Email was the most-favoured with 47% backing, face-to-face networking scored 30% and 25% preferred direct mail.
