A permanent $20,000 instant asset tax write-off for businesses tops SME wishlist, MYOB finds
Seven in ten small businesses want the $20,000 instant asset tax write-off to continue past 30 June, this year, when it is due to...
How to improve your cashflow within 60 days
Cashflow is the lifeblood of any business and more SMBs have been destroyed through cashflow issues than from any other cause. The last thing...
Back office support: closing your cash flow gap with freight factoring
Many trucking companies choose to use freight factoring services. But what does this service involve, and why is it so popular? Here's a guide...
What tops the SME wish-list at Christmas?
As an advocate for small businesses in Australia and New Zealand, MYOB regularly asks SME owners what they are thinking and feeling about the economic...
SMEs paying invoices issued by other SMEs two weeks after settling debts with corporates
SMEs are far more punctual in paying invoices issued by corporates than those issues by other SMEs, a leading commercial credit reporting bureau has...
Keeping end of year expenses under control
During the ‘silly season’ it can be easy for expenses to get out of control. Employees are starting to relax and may feel comfortable...
‘Tried and true’ cash flow methods costing businesses $6.12b in growth opportunities
Australia’s mid-size businesses are missing out on $6.12 billion in growth opportunities annually due insufficient or variable cash flow, according to new research from...
One in four SME owners are juggling businesses
Two in five SME owners either operate multiple businesses or plan to, according to new research from MYOB with Tim Reed, the cloud accounting...
B2B transactions in Australia’s small business ecosystem worth $204 billion, report suggests
New research suggests transactions between small businesses in Australia are worth $204 billion per year.
Commissioned by American Express in support of Shop Small Month, which ends 30...
Late payments impacting 3 in 4 small businesses
New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider...
Working capital: the hidden risk that your small to medium business must prioritise
Visibility into working capital is essential to manage cash flow and ensure a business can remain sustainable, yet research shows that companies frequently miss...
Square launches contactless pay tech for SMBs
New contactless payment technology, which launches in Australia today, enables small businesses to quickly and securely accept tap-and-go cards, mobile wallets such as Apply...
Data dungeon: the small business case for making ANZSIC code information available
The Federal Government's Public Data Policy Statement, released last December, flagged its commitment to make non-sensitive government data ‘open by default’, with the aim being...
Best interest rate on my business loan?
With the emergence of a range of new funding sources for small and medium sized businesses, it’s crucial to understand what your company’s debt...
Small business owners in it for love: NRMA
New research by NRMA Business Insurance shows the majority of small business owners believe the emotional benefits of running their own business outweigh the...
The truth about cash flow- can your business handle it?
Whether you are starting out or your business has been established for many years, maintaining appropriate cash flow is a critical success factor.
Here are...
Which Car Suits Your Business Model Best?
When you own and operate a small business, you’ll find yourself experiencing many milestones. Purchasing a company car is often one of the significant...
Fraud case highlights need for due diligence
Mark Steven Grevsmuhl, the superannuation fraudster who swindled 74 people, including friends and family out of $6 million, has been hit with a permanent...
Overcoming barriers to export in construction
Recent Australian Bureau of Statistics’ export figures show that Australia’s manufacturing industries continue to look overseas for export opportunities. According to ABS, 300 Australian...
Ecommerce partners: who’s right for you?
Partnering with the right suppliers will give you a head start in running an efficient ecommerce business, potentially saving you thousands of dollars each...