The days are long, the work is difficult, and the 25% of small business owners who can’t afford to pay themselves a wage in their first year, are probably just scraping by.
Fear of failure and the Tall Poppy syndrome may be contributing to a lack of entrepreneurship in Australia, according to new report.
MYOB CEO Tim Reed took the opportunity to praise the brand’s community of accountants and bookkeepers for their unwavering support of small business at the keynote opening address at MYOB Partner Connect in Melbourne.
Part of the reason why SMB owners are choosing to forgo a business loan is the amount of documentation required, with 80 percent stating it was onerous.
TJ Swim is one of the most popular Brazilian-style swimwear companies in the market, boasting hundreds of thousands of Instagram followers and a slew of celebrity endorsers.
According to the Norton SMB Cyber Security Survey 2017, one in four Australian SMBs experienced a cyber attack in 2017.
Square and Bank of Queensland (BOQ) have joined forces to deliver small business more flexible payment options.
Optus has become the newest resident of the Sydney Startup Hub, today opening its Optus Innovation Hub as it looks to boost collaboration with startups.
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
“Small businesses don’t have the revenue to engage a developer, so the solutions have to be generic enough so most small businesses can use them but specific enough to solve a particular problem.”
According to a survey from IDC, the key tech priorities for SMBs are IT security, improving IT skillsets and productivity, better decision making, and cost savings.
Small Business Digital Taskforce recommends establishment of central point of advice on digital for SMBs
The Small Business Digital Taskforce has delivered its recommendations to the Federal Government, with the establishment of an independent body to be a central point for information and advice on digital options for small businesses (SMBs) its key proposition.
Australia’s small businesses may see some relief this financial year with Treasurer Scott Morrison announcing the extension of the $20,000 instant asset write-off in the 2018-19 Federal Budget.