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6 most commonly overlooked cost savings in business

From paying more than necessary to cutting budgets on activities that bring home the bacon, here are some of the most commonly overlooked savings in business to look out for in 2021.

How to keep business costs down, while still achieving your strategic goals

Making cuts to costs that are too deep can impact employee and customer satisfaction. Don’t cut costs enough, it can embed inefficiencies into the business or threaten viability. So...

Let’s Talk: Cost cutting in business and what you can do to save

Running a business is a challenge at the best of times, but throw in a pandemic and the associated economic woes - and cost cutting has never been more important.

‘Don’t get sucked into all the hype’: the hidden mistake that businesses will make when managing cash flow in 2021

While 2020 packed a punch that not many people were expecting, impending vaccines and a rebounding economy offer a glimmer of optimism for business...

Top SME opportunities and challenges for 2021

Unsurprisingly, the top four challenges and top three opportunities facing SMEs in the coming year are a result of COVID-19 related financial pressures, according...

How DebtForce is helping businesses get paid on time, every time

Having customers adhere to your trading terms is a perennial challenge for business owners, and being paid on time can be the difference between...

Positioning your business for recovery – Oracle Netsuite webinar

Save the date: Thursday, 25th June 2020 | 12:30 p.m. AEST As the economy starts to reopen, every business needs to assess their situation and...

What you need to know about credit

It’s no secret that inadequate cash flow is one of the main reasons why businesses fail in Australia. Dynamic Business only recently talked about this...

60% of small businesses shut down within first 3 years: H&R Block has ‘Grants for Growth’ to stop it

With more than 60% of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small...

A sale is only a sale once payment is made

Most businesses trade on credit terms with their customers, letting them purchase as they need and pay later. This can be a great way...

How SMEs can avoid common financial pitfalls by managing cash flow

Setting up a small business can be an exciting yet daunting experience. By the time you actually launch your business you have likely experienced...

Small business owners prioritise climate change, energy costs and tax cuts

A new survey from Xero, the global small business platform, has revealed a disconnect between small business owners and politics, with a whopping three...

Robots could help Aussie businesses save more than $100 million in energy costs

Robots are helping Australian businesses navigate the complex energy market and save millions of dollars in energy costs. Data released today by Australian technology company...

Australian small businesses losing $5.8 billion each year

Insufficient cash flow means lost opportunities  Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half...

Admin ‘killing the dream’ of Australian Small Businesses

Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated...

Ombudsman supports Business Growth Fund for high growth SMEs

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell today welcomed the announcement of an Australian Business Growth Fund, a recommendation in...

National research reveals SMEs’ top five funding frustrations

Around 9 out of 10 Australian SMEs are frustrated about their business funding, naming onerous loan conditions, having to provide property security and a...

Federal Election is no Easter treat for Australia’s small business community

Australia’s small to medium enterprises (SMEs) are bracing for a double whammy of disruption from the back-to-back Easter/Anzac Day public holidays coupled with a...

Banks rejecting SMEs for finance

The challenge of securing bank finance is seeing a growing number of small and medium enterprises (SMEs) turn to online lenders. One in four...

Stay savvy with business loans and save

Staying with a Big 4 bank could cost you $6,007 in extra interest on a $250,000 business loan over 5 years The average...