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Finance
  • July 10 2019 Real-time budgeting is a must for every business. Here’s why.

    By David De Laine, GM, ANZ, Oracle NetSuite Most businesses budget and plan for their next fiscal period at a set time every year – whether it’s at the start of the calendar year or in the lead up to the new financial year, which for the majority of businesses, starts at the beginning of Read More…

  • July 10 2019 Loan and tax tips for the fresh financial year

    By: Olly Guilleaume EOFY has come and gone. How’s your cash flow looking? The rush and pressure felt by many businesses at the end of the financial year have come and gone. Now that the smoke from EOFY has cleared, you can take a considered approach to setting business objectives and planning expenditures for the year ahead. Read More…

  • July 8 2019 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 issue last week, with new research commissioned by H&R Block found that the biggest struggles for small businesses across Australia are: ‘cashflow’ (35%) ‘marketing effectiveness’ (30%) ‘lack of support’ (19%) Read More…

  • July 8 2019 Slow paying customers and cashflow worries revealed as top concerns for Australia’s tradie economy 

    New research by St.George Bank reveals that 75% of tradies have aspirations to be self-employed in the next 12-18 months and female tradies are alive and kicking with 40% of representation in the research.  The St.George Bank Tradie Economy Report surveyed over 600 people across Australia who identify as a tradie or someone working in Read More…

  • July 3 2019 Six reasons to consider trade credit insurance in the new financial year

    With the global economy looking fragile and one of Australia’s largest trading partners, China, slowing down, it’s important for Australian business decision-makers to re-evaluate their position as the new financial year begins, according to Atradius. Mark Hoppe, managing director, Oceania, Atradius, said, “The start of the new financial year is traditionally an ideal opportunity for Read More…

  • July 2 2019 60% of small businesses shut down within first 3 years: H&R Block has ‘Grants for Growth’ to stop it

    With more than 60% [1] of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small business and start-up’s a helping hand with the initiative; ’Grants for Growth’.  Now in its second year, the grant offers support to budding entrepreneurs who need an extra boost to transform Read More…

  • July 1 2019 Happy new financial year! A small business guide to the tax changes

    By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities… If you’re like most small business owners, you’re probably focused on closing out the 2018-19 financial year. But it’s worth taking a moment to consider the year ahead too. There are new regulations to be aware of in 2019-20 – Read More…

  • July 1 2019 Why document management is critical for small business growth

    Byline: Scott Crosby, CEO, Upstream The merit in going paperless for small and medium businesses (SMBs) is clear: digitally stored documents, information, and files save businesses time, money, and resources. SMBs are increasingly taking up document management technology to better manage their finances, customer data, and employee details, leaving behind the physical paperwork proven to hold Read More…

  • June 24 2019 New Xero report: Late payments cost small businesses $7billion a year

    A new report from Xero, the global small business platform, reveals for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research finds that half of all trade credit invoices are paid late and that solving the Read More…

  • June 21 2019 Three ways politics impacts your business

    You may not personally want to be involved in modern politics but if you want to run a business you have to be aware how the laws of the land can affect your bottom line. Tax laws, business treaties, tariffs, and commerce in general is impacted by politics. Sometimes having a degree in political management Read More…

  • June 19 2019 Science, art or corporate fad? What does an executive coach do… and do you need one?

    In 2005 I received a call from my best friend who was attending a Coaching Psychology Conference held at the University of Sydney. She said “I have just discovered what you have been doing all your life … it’s called Executive Coaching.” I have to be deeply honest here. I told her that I thought it Read More…

  • June 18 2019 Are you making any of these 7 mistakes when hiring payroll staff?

    By Tracy Angwin, CEO and payroll expert at Australian Payroll Association Are you looking to hire new payroll people? Payroll staff are an integral part of any organisation, whether it be in a finance or HR capacity. However, the reality is that it’s a specialist set of knowledge and skills that are unique to the Read More…

  • June 14 2019 How to stay organised during tax time to optimise your returns

    Australians are urged to get organised ahead of the end of financial year, including finding a great accountant, collating all necessary paperwork and knowing what you can deduct, in order to maximise and get the most out of your returns. Caroline Guillemain-Brunne is the founder of Organise.Curate.Design, a lifestyle management agency that helps people tackle their ever-growing to-do Read More…

  • June 13 2019 Financing business growth through equity

    Very few business owners entirely self-fund their growth, especially if the growth is significant. While some are sufficiently profitable to fund growth through cash flow, in most cases, businesses use other funding sources to increase the speed of growth. There are various ways to do this, including offering equity to staff members. This can provide Read More…

  • June 12 2019 What to look for in PR agencies and how they can maximise your business exposure

    Byline: Jessy Marshall founder of Hive HQ PR can be a very grey area for some businesses and understanding why PR should be part of your marketing plan is crucial to building up brand exposure. Whether you have had PR before or are looking into investing in PR below are a few tips to help you Read More…