Small Business
  • June 25 2020 ‘Zombie businesses’ big future problem

    With speculation that hundreds of businesses – dubbed ‘zombie businesses’ – are being propped up by Government stimulus and will potentially fold in September, new figures suggest that the problem could we bigger than we anticipate. New research reveals: 62 per cent of SME business owners have been on the brink of folding their businesses Read More…

  • June 25 2020 “We’ve realised that our growth potential isn’t related to market situation”

    COVID-19 has taught businesses many lessons, and it’s no different for the Chamberlain Group, who in this time have realised their business growth is not so much linked to the state of the economy and market situation – it’s more about customer and employee connection.  The Chamberlain Group, Australia’s leading manufacturer in garage door openers and Read More…

  • June 24 2020 More Merger and Acquisition activity after Covid-19 hit

    Dennis Tomaras, a partner in law firm Cornwalls, believes that Covid-19 is inspiring a wave of merger and acquisition (M&A) activity in Australia. He believes that current M&A activity is most common with privately owned SME’s – across all sectors – and especially in technology, agricultural, services and manufacturing. “It’s probably 50 / 50 between Read More…

  • June 24 2020 Redundancies looming post-JobKeeper

    The JobKeeper scheme has done incredibly well in terms of protecting many jobs and livelihoods, but it fails to address the looming problem of incoming redundancies and folding businesses.  COVID-19 has significantly changed the business landscape. September (when the scheme ends) will look extremely different to this year’s February, which now seems to be in Read More…

  • June 23 2020 Global marketing company to PPE supplier: Zinc’s huge COVID-19 pivot

    Zinc is usually – pre-COVID – a global marketing company that caters for clients such as Disney, ANZ and JetStar. In the COVID-19 disruption, with marketing spend halted for many businesses and sectors, Zinc pivoted to become a global PPE supplier instead. The team created ZincProtect in order to meet the global demand for PPE in Read More…

  • June 15 2020 Where the SME sector is headed in a post-COVID world

    Since the launch of the government’s SME guarantee scheme for small businesses suffering from the knock-on effects of COVID, we’ve seen how important it is to provide a financial lifeline to Australia’s SMEs in the wake of the pandemic. It’s not just in the interest of business owners and their employees; now more than ever Read More…

  • June 11 2020 Australian SMEs concerned about impending recession

    Australian SMEs are concerned about the impending recession, with business confidence plummeting to new lows, according to the ‘Canary in the Coal Mine’ report released today by Prushka Fast Debt Recovery. The bi-annual survey of nearly 500 Australian small business operators revealed only 22 per cent of SMEs are confident in the state of their Read More…

  • June 5 2020 Australian micro businesses outperform global markets in COVID-19

    Australian micro businesses fared better than all comparative global markets, including the US, UK, Europe and Canada, in the wake of the COVID pandemic, despite the 12% decline of total invoiced dollar amounts in April 2020 compared to April 2019, according to data released by Invoice2go. Micro businesses have been some of the worst affected Read More…

  • June 4 2020 Your questions about commercial rent throughout COVID-19 answered

    If you’re confused about the changes to commercial rent guidelines, you’re not alone. With the Federal Government forced to create policy on the run to stem the tide of a full-blown economic crisis, things have been changing very quickly and there has been some confusion. Here are some of the main questions we’ve been hearing Read More…

  • June 2 2020 How to build an online store from scratch, according to the experts

    In a retail landscape marked by unexpected and sudden closures, businesses that might not have considered going online at all have had to make the leap to an online store very suddenly. Urgently shifting to an online presence amid COVID-19 has forced a lot of retailers into choppy water, however, in the longer term, taking Read More…

  • May 25 2020 Tips for sales teams in the COVID-19 crisis

    With COVID-19 face to face selling is over, at least temporarily, and this means that sales teams and sales leaders have to adapt their approach, offering and technique to a digital world. Selling doesn’t sound easy during a pandemic, but it is still happening and essential, so all is not lost. Although it is true Read More…

  • May 19 2020 New car subscription software Blinker sees demand skyrocket in lockdown

    Car dealers looking to pivot their businesses during the COVID-19 lockdown have turned to car subscription software provider Blinker to future-proof their business models. The provider has seen a 52% increase in enquiries from car dealerships looking to introduce subscription during the shutdown. Founded by brothers Michael and Paul Higgins just last year, Blinker is an Read More…

  • May 9 2020 Australia’s three-step plan to reopen the economy, explained for SMEs

    The National Cabinet has announced Australian’s three-step plan for reopening the economy and businesses.  All states and territories can implement these steps at their own pace, as there are no strict rules, however Morrison has said that he would like Australia to have a covid-safe way of living in July.  These new steps will have Read More…

  • May 8 2020 Customer experience will be the reason businesses survive COVID-19 

    As Australia continues to manage the impact of the COVID-19 crisis, survival remains top-of-mind for businesses in every market. Businesses that emerge from the lockdown period more or less intact will have a second problem – how to regain traction in a recessionary environment. Planning for the future now using precise and actionable customer insights will Read More…

  • May 7 2020 How STP has made tackling the COVID-19 storm easier for Think Talent

    Founded five years ago by Ainsley Johnstone and Natalie Firth, Think Talent is a modern executive recruitment agency that connects Australian and international organisations with top talent across Technology, Marketing & Digital and People & Communications markets.  Growing from a team of two to 12, their success in part is due to enterprise clients wanting Read More…