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Growth | Import | Export
  • May 3 2018 The break small businesses deserve

    Obtaining finance can be challenging for any business but it is an acute difficulty for micro and small businesses in their start-up phase. Having the Best Business Idea in the World won’t necessarily be enough to convince sceptical, risk-averse banks to approve a loan, especially if the business owner doesn’t have a proven track record Read More…

  • February 6 2018 Government announces grants to help SMEs engage with international experts on projects

    The Federal Government is now seeking applications for grants of up to $7000 to help Australian researchers and SMEs work with overseas experts to develop and commercialise their projects. According to Minister for Jobs and Innovation, Michaelia Cash, the Global Connections Fund (GCF) Priming Grants empower organisations to collaborate in the global arena, link with Read More…

  • January 18 2018 Achieve your potential in overseas markets

    The size limitations of the Australian domestic market mean that in particular sectors, small businesses struggle to achieve their growth potential. For many small businesses, these limitations can be resolved by tapping into much larger foreign markets that offer greater opportunities.     The beauty industry in Australia is a good example. This market is a Read More…

  • November 13 2017 Opportunities abound in China for Aussie SMEs but on-the-ground relationships are essential

    China’s booming economy and rapidly growing middle-class present a wealth of opportunities for Australian businesses, particularly those companies able to tap into the rising demand for high quality goods and services. But many local SMEs with international expansion goals have discovered it’s not as simple as heading overseas and establishing operations. In a culture such Read More…

  • October 26 2017 Partnerships to support Australian SME growth

    For small and medium businesses (SMEs) that want to take on new export opportunities, understanding your business’ working capital position is critical. Working with the right financial partner can be the key to driving your export success. Accountants and financial advisors continue to be a key support channel for SMEs that are looking to build Read More…

  • August 21 2017 New financial year sees export sentiment lift

    Australia’s exporters are more optimistic about the year ahead than they were six months ago. That’s one of the key findings of Efic’s latest Exporter Sentiment Index – a survey of more than 1,200 SME exporters. Nearly half (46%), believe the economy will be better in the next 12 months than it was in the Read More…

  • August 16 2017 Looking beyond our shores as a small business

    Australia’s continued economic relationship with China is showing little sign of slowing down[1], with the country – our biggest trading partner – investing in Australia at a level not seen since before the global financial crisis. There are, undoubtedly, valuable export opportunities for Australia’s small business sector not only in China but also in the Read More…

  • July 19 2017 How to Sell to Chinese Consumers: three tips

    Last year, one of my colleagues built two semi-detached houses, wanting to sell one. His question to me was: How do I sell it to a Chinese buyer? There’s an implied understanding in that question that Chinese buyers will pay a premium to acquire a property. Besides possible higher premiums, the other reason to target Read More…

  • June 9 2017 How to run a successful travel business in multiple countries

    Based in London and Buenos Aires, Plan South America crafts one-of-a-kind adventures to some of the most remote and spectacular corners of South America and Antarctica. Since inception in 2006, Director Harry Hastings has learnt some important lessons operating in multiple countries across cultures and time zones. Live local I lived in Buenos Aires for Read More…

  • May 11 2017 The 2017 Budget is a good starting point but more is needed as SMBs take the global stage

    The continuation of the $20,000 instant tax write-off for small businesses will come as little surprise: the Treasurer had been hinting heavily at this in his pre-Budget briefings. However, the announcement that businesses with an annual turnover of less than $10 million can claim up to $20,000 worth of depreciating assets each financial year, is Read More…

  • April 28 2017 The French election: How Australian businesses can prepare for a fresh round of uncertainty

    In recent times, Australian businesses with global ties have experienced a prolonged period of uncertainty, riding out everything from Trump’s unpredictable administration to Theresa May’s shock call for a snap election. The French election for presidency is no exception, with Marine Le Pen now through to the second round of voting. The far-right candidate is Read More…

  • April 11 2017 “Previously, the government wouldn’t have engaged SMEs in this way”: Jobs for NSW CEO

    Jobs for NSW seeks to help early-stage companies ‘left out in the cold’ by traditional lenders, including those crossing ‘the valley of death’, but there’s one thing it won’t do, according to CEO Karen Borg, and that’s give handouts to businesses that don’t have compelling job growth plans. Borg spoke to Dynamic Business about how Read More…

  • April 7 2017 Westpac announces 200 Australian businesses that will help unlock $70b in economic value

    As part of its Businesses of Tomorrow program, Westpac has today recognised 200 ‘outstanding’ businesses, including 20 ‘high-potential’ organisations, that have “demonstrated a clear vision to shape Australia’s economy… as it transitions to a services and knowledge-based economy”. The 200 ‘Businesses of Tomorrow’, which have a collective turnover of approximately $2 billion per year and Read More…

  • March 29 2017 Five considerations for every small business exporter

    Australia’s small businesses often face a number of hurdles before they can establish successful export operations. Taking a lesson from successful exporter and music education supplier, LearnToPlayMusic.com (LTPM), small businesses exporters should follow these five steps to maximise export success. Identify the market gap LTPM’s founder, Gary Turner, had a vision when he started his Read More…

  • March 16 2017 Need-to-knows before diving into importing

    Australian SMEs and start-ups are increasingly taking advantage of the changing global economy and importing goods that may not be available locally or can be produced at a cheaper price overseas. While importing can be an excellent way to grow your business and keep production costs to a minimum, it is important for SMEs to Read More…