Finance

On this page you’ll find finance articles that cover several subtopics within the broader category of finance – that of course relate specifically to small business and startups.

The content here provides info, news and advice on small business finance, raising capital, small business funding, help with cashflow problems, payroll and tax, payment terms and much more. All of this is designed to primarily assist small business owners with their finances and stay on top of financial news and financial trends.

As well as this, we hope to give employees, likely to be within finance as a finance manager or as a finance officer, within small businesses the help they need in making decisions surrounding maintaining healthy cash flow, avoiding debt, monitoring risk and the most important – gaining access to finance.

We explore the common problems and themes around small business finance and what the Australian government and Australian banks are doing to assist with small business growth financially. As we are a small business community, we are in touch with many entrepreneurs, startup founders and small business owners, and subsequently know the financial issues that are a main concern and priority for them. We want to share solutions to those issues for our readers.

With so many entrepreneur stories on Dynamic Business, where small business owners share their business success, you may sometimes question how and why they got the resources and finances to start their entrepreneurial journey.

Of course, we do quiz our entrepreneurs on this sometimes, and we are happy to share their first-hand advice on how to raise capital and the different business funding options available.

However, we also have dedicated articles here from finance experts that give great startup and small business financial advice, including changes to do with banking, payroll and tax (for example Single Touch Payroll.)

Dynamic Business aims to be a source of community and education for small businesses, and this is no different when it comes to finance specifically. We don’t claim to be finance experts ourselves, but we make sure that we reach out to the right business leaders to keep us and you informed on the latest financial news relevant to making your business a success.

The finance articles define terminology and do not contain jargon so business beginners with no financial background can access the information, however we also balance more higher-level financial news and specific discussion points (such as director loans, credit reporting etc.) for people in financial roles that may need a guide or opinion from a financial professional.

We also cover the news of cash rate changes, what the big four banks are up to, neobank trends, updates in loans, accounting and tax changes, payroll changes and much more that may have a direct or indirect impact on the running of your business and making financial decisions.

We know that small business finance matters, and that’s why we have dedicated an entire page to finance articles that aim to inform the small business community on their financial options, finance news and hopefully provide some insight and advice on dealing with the financial hardship that is so common to small business.

The finance topics covered here are definitely extensive; if you think of anything to do with the money, profit and revenue of your business, this is the page to visit. You can use the search function at any time to hone in on the finance subjects you’d like to learn more about. If not, simply scroll through our huge selection of the best finance articles for Australian small businesses.

Finance
  • August 7 2020 Settling into FY21 – here are some tactics to boost cash flow

    With the new financial year craziness wearing off and we settle into our new normal, now is a good time to rethink your strategies. For this year in particular, it is essential that you do this. It is essential that small businesses are on the ball in thinking creatively. Here are some simple tips to Read More…

  • July 17 2020 Helping Australians reach the US trading markets

    After working in a multinational European trading company, a former lawyer apprentice decided to return to Australia and create Stake, Australia’s first platform for US stock trading. Less than three years after its launch, Matt Leibowitz’s startup reached 100,000 customers this June. As one of the companies that is thriving during the pandemic, Stake’s customer Read More…

  • July 16 2020 Fintech leaders raise almost $4 billion in Q2 amid pandemic

    Data gathered by Buy Shares indicates that fintech leaders managed to raise a total of $3.81 billion in the second quarter of this year. The significant amount comes after the economic downturn in the first quarter. Fintech funding impacted by coronavirus pandemic in Q1 Online payment processing platform Stripe raised $850 million followed by Robinhood Read More…

  • July 10 2020 Two actions SME owners must master as end of JobKeeper approaches

    As end of JobKeeper approaches, here’s two essential actions small business owners must master to survive 2020.  This July sees one of the toughest starts to a new financial year in decades, with small business owners bearing the brunt of the impact. Scottish Pacific CEO Peter Langham said as business owners put together new contingency Read More…

  • July 9 2020 Finding money to rebound from the pandemic

    Between the bushfires and the pandemic, many Australian companies have experienced a significant drop in revenue and have had to make employees redundant. Although JobKeeper has enabled them to keep some of their people employed, the program is scheduled to end in September. Even if it continues at a reduced level of funding, CEOs who Read More…

  • July 9 2020 Australia’s recession: How will the economy bounce back?

    It’s been almost 30 years since Australia last experienced a recession and almost 10 years since the country recorded a negative GDP growth, which was back in 2011 when the Queensland flooding and Cyclone Yasi hit. With the latest downturns in Australia’s quarterly GDP reports, as well as the economic effects of the pandemic, the future Read More…

  • July 7 2020 ATO ‘debtor crisis’ expected in September

    New research indicates that the Government might face a wave of ‘tax debtors’ within the Australian business community when the stimulus and wage subsidies end in September. This is because, even before the nationwide shutdown – when the economy was fairly healthy – 25 per cent of businesses could not find the cash to pay Read More…

  • July 3 2020 What is ‘sustainable’ investing? Buzzword or problem solver?

    What is ‘sustainable’ investing? Is it a buzzword used to lure socially-minded investors, or our best bet for tackling humanity’s greatest challenges? When executed properly, it’s more likely to be the latter. But before we dive into this growing trend, let’s first sort out the semantics since there are many terms used interchangeably (which don’t Read More…

  • July 2 2020 Setting the stage for success in the new financial year

    As we enter the new financial year, it’s clear the challenges of COVID-19 will be with us for at least several months more. Fortunately, there are technology solutions that can help small business during this difficult time. They can boost the likelihood of being paid promptly, reduce the compliance burden of tasks such as JobKeeper, Read More…

  • July 1 2020 Effective planning for the new financial year

    COVID-19 and the new financial year provide an opportunity to reassess and make changes to your business’ strategies and plans to make sure you are offering a sustainable value proposition that is relevant for customers, staff and the community. With COVID-19 negatively impacting two-thirds of businesses across all sectors, 2020 has been one of the Read More…

  • June 29 2020 How I got AfterPay Ventures to invest more than $10m in my business

    Founder of Play Travel Andrew Paykel talks about his startup journey, the new partnership with Afterpay Ventures and working alongside payments giant Afterpay. It’s been a fantastic journey for Play Travel, in the 5 years since it first launched in Australia, as LayAway Travel, its attracted some major players in the industry and opened the Read More…

  • June 19 2020 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 start planning for what’s next. Having a strategy to operate during periods of great uncertainty is important to help businesses adapt and make the right decisions. Join Oracle NetSuite, Hunter Read More…

  • June 19 2020 How SME owners can ride out the COVID-19 recession

    Australian SME owners are bracing for an imminent recession, inflicted by the global coronavirus pandemic. Our recent survey of SMEs revealed that, in response to the virus, 66 per cent are concerned that we will experience a recession in Australia, and 62 per cent believe the severity of this will be the worst downturn Australia Read More…

  • June 19 2020 Key factors in achieving a compliant, efficient month-end and EOFY

    The end of financial year (EOFY) is a time that many small and medium businesses (SMBs) dread. In addition to the complexities of JobKeeper, knowing every financial obligation and entitlement can become overwhelming, particularly if businesses are not overly confident in their books. Lost receipts, expense mistakes and inadequate record-keeping result in a stressful, potentially Read More…

  • June 5 2020 Should JobKeeper be extended?

    JobKeeper is the definition of policy made on the run. At the time, it was very important to roll something out quickly to cushion the full brunt of the economic fallout of COVID-19. However, now that the scheme has been running for a few weeks, and with recent developments around the scheme’s true cost, there Read More…