March 14 2017 Relationships crucial when going global

There has never been a better time for Australian companies to expand into Asia. Today, China is Australia’s largest trading partner for both imports and exports. Opportunities abound, as China now has the world’s largest middle class population which leads it increasingly towards a market for high grade goods and services. For example, China is Read More…

February 27 2017 The Chinese market ‘dances to the beat of its own drum’: how SME exporters can succeed

While China is Australia’s biggest export destination, it’s a notoriously tricky market to enter – even for multinationals. So, how do export-driven Australian SMEs form lasting connections with Chinese customers? Dynamic Business spoke to Joe McGuire, Global Head of Sales & Partnerships with Airwallex, a Melbourne fintech start-up specialising in cross-border payments. Dynamic Business: What Read More…

February 17 2017 Overcoming the cashflow barrier to export

The Australian export market is buoyant, having grown by 4.2% in 2016, according to the latest figures from the Australian Bureau of Statistics. This is an excellent example of the hard work and innovation that is making Australian small businesses a global success. Yet small businesses still face a number of challenges before they grow successful Read More…

February 9 2017 ‘Leave your sarcasm at the door’ and other top business tips for breaking into the US market

With all of the talk about Asia and the hysteria around Donald Trump‘s presidency, it is easy to forget that the United States is still the largest economy in the world with GDP of over US$18 trillion and by far the largest consumer market with retail sales of over US$5 trillion. While its size means the Read More…

February 9 2017 Telstra Business awards alumnus credits win with ‘fast-tracking’ his company’s growth

Entries are now open for the 25th annual Telstra Business Awards, which recognise the achievements and entrepreneurial spirit of small to medium businesses and charities in Australia. Telstra Business Group Managing Director and Awards Ambassador, Paul Tyler said each entrant will receive a comprehensive ‘business health check’, which benchmarks their performance against industry standards and identifies Read More…

January 30 2017 TPP Trumped: how are SME exporters affected?

Whilst President Trump’s dumping of the Trans Pacific Partnership (TPP) is a blow to the Australian government, the move wasn’t unexpected – and media reports suggest the focus could now shift to including China as a centerpiece to a post-TPP multilateral trade bloc. Whilst this perhaps makes sense from a trade perspective – after all, Read More…

January 27 2017 Will the US withdrawal from the TPP affect us?

Within 48hrs of his inauguration, the 45th President of the United States introduced a swath of Executive Orders that look set to rip up the old rule book and with it, the legacy of the Obama administration.  This includes taking steps to dismantle the Affordable Care Act and the reversal of plans to reduce mortgage Read More…

January 16 2017 Don’t let new year goals destabilise growth

A new year inevitably leads to new business goals but what many SME owners don’t realise is that these goals could trigger compulsive behaviours and actually stunt a company’s growth. There are only two types of goals business owners make – objective and subjective – the latter will negatively impact profits and workplace culture. Subjective Read More…

December 21 2016 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 landscape, government policies and generally what they want for the year ahead. Small businesses are the backbone of the economy so their mindset and well-being has a huge impact on the Read More…

December 7 2016 What does Trump’s victory mean for trade?

As the dust starts to settle on what has been an astounding US election, the question on everyone’s lips is how will global trade be affected? Let’s face it, the protectionist policies that helped propel Donald Trump’s vote in Middle America will have far-reaching consequences for the global economy and global alliances  – if implemented. Nevertheless, we need Read More…

November 8 2016 The American question for small businesses

There has never been a more eagerly awaited election in living memory. American voters will line up on November 8th to cast their vote, most will be for Donald Trump or Hillary Clinton. Their decision will not simply affect political change in America, it will have far reaching global effects that will reverberate all the Read More…

October 28 2016 Steps SMEs should take to secure export success

Small businesses often have specific financing needs and may require funding support to compete in international markets or to fulfil export-related supply chain contracts. For businesses trying to navigate that next growth phase into an overseas market, there are a number of differences between exporting and operating in Australia which will have an impact on Read More…

October 21 2016 Aussie SMBs can benefit from China’s growing online shopper population, says Sinorbis CEO

With over 710 million Internet users and 448 million online shoppers, China has the world’s largest Internet population and also the largest eCommerce market. Moreover, the country’s affluent middle class is growing, as is disposable income, and consumers are looking abroad for premium goods and services. With a presence in Beijing and Sydney, Aussie tech Read More…

October 20 2016 The impact of disruption on global trade and what it means for small to medium businesses

Within the next decade, global trade and logistics could be virtually unrecognisable from what we see today. Digital and physical disruption will change the way customers and suppliers connect, and the way supply chains are managed. The barriers to entry to global trade are being torn down, and technological advances across the value chain are Read More…

October 18 2016 Very small businesses not growth-focused and not using govt support, recent survey shows

Very small businesses in Australia are not typically bullish when it comes to growth and they are content with their size, according to new research from SMB tech provider GoDaddy. Modest ambitions, however, weren’t a sign of meekness; rather, GoDaddy found many operators are driven by flexible lifestyle – not profits –  and would ‘get Read More…