Most business owners have a laser focus on tasks that will boost sales, build their teams and reach new customers. As a result, it can be hard to find dedicated time for important financial tasks like balancing the books, reporting or strategy. In the early days, entrepreneurs might manage finances […]
Month: April 2022
Beyond crypto: how small businesses can benefit from blockchain
Thanks to digital coins, the word ‘blockchain’ has been typically associated with cryptocurrency and NFTs in recent times. However, there are more benefits of blockchain technology to businesses than first meets the eye. “Think of blockchain as a digital ledger of transactions that’s duplicated and shared across an entire network,” […]
Let’s Talk: How to turn workplace flexibility into a win-win situation
Thanks (but not really) to the pandemic, more and more of us have become aware of the importance of a good work-life balance after decades of office nine-to-fives. And it isn’t just for the workers. Employers will also benefit from this shift in workplace culture. Employee experience is everything in […]
10 ways to grow your business off social media
Having recently decided to take her business off Facebook and Instagram platforms due to ethical concerns about Meta, the ownership company, Rima Alijew has had to find new ways to grow her Sydney based pilates studio, Trunk Studios. With more and more companies, including outdoor apparel brand Patagonia, boycotting Instagram […]
Paid in full: How automation can help your company collect payments faster in 2022
Feel like it’s taking your business far longer to collect payments than it did a year or two ago? It’s not your imagination, unfortunately, and you’re far from alone. Recent research suggests one of the unfortunate side effects of the global pandemic has been the stretching out of payment times […]
RBA holds cash rate at 10 basis points; says inflation to continue in the coming quarters
In its monetary policy meeting of 2022, the Reserve Bank of Australia (RBA) board decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent. The last time the RBA lifted the official cash rate was […]
Xero data shows Australian SMEs gradually regaining ground after Omicron-impacted summer
According to the most recent Xero data on the health of Australia’s small business economy in February, small business performance is gradually improving after a difficult summer, with a slow return to above the long-term average. In February 2022, the Index increased by three points to 102. The result was […]
A decade in the making: India-Australia aims to double bilateral trade
India and Australia signed an interim free trade agreement to double bilateral trade to $50 billion in five years while also easing people’s movement and tariffs on various Australian goods. The Economic Co-operation and Trade Agreement (ECTA) was signed by Indian Prime Minister Narendra Modi and his counterpart in Canberra, […]
Four reasons to care about what happens to your computer at the end of its life
Switching to a new device comes with great responsibility, especially in deciding what happens to the old one. According to the Global E-waste Monitor 2020, the world produced 53.6 metric megatons of e-waste in 2019, but only 17 per cent was collected and recycled. Consumers and businesses, small and large, need […]
Alternative Dispute Resolution: How SMEs can gain from ADR while settling disputes
This is the third article of the series by Commercial Litigation specialist, Toby Boys in which he looks at the practical application of Alternative Dispute Resolution (ADR) systems and the critical role they play in the commercial world. In the first article, we looked at the issue of Dispute System […]