Square is continuing its push beyond the market stall, launching a software development kit (SDK) to enable businesses to process payments through their own apps. With businesses able to customise the payments flow to match the look of their own app, the function will allow customers to pay by card or digital wallet, and choose to save… Read more »
Most manufacturers would jump at the chance to simultaneously reduce their operating expenditure while gaining back control over the end-to-end customer experience. Direct-to-consumer sales models promise to do just that – but at what cost? Cutting out the retail middleman can dramatically improve manufacturers’ results and growth potential, but only if they master supply chain… Read more »
A new report by Power Retail has revealed Buy Now Pay Later (BNPL) services which launched in the Australian market in 2015 are exploding in popularity. The report suggests retailers who ignore BNPL do so at their peril. The ‘Buy Now, Pay Later – Fad or Future?’ report surveyed 5,000+ retailers and consumers across Australia to discover… Read more »
The government’s announcement of a $3.6 million package to support the mental health of small business owners has been welcomed by the SMB community. The package announced by Michaelia Cash, this week, will focus on providing practical support to small business owners with the majority of the funding going to the recently launched Ahead for… Read more »
As more and more Australians adopt Tap-and-Go payments, small businesses are suffering under crippling transaction fees despite a promise from the big four banks to reduce costs. The House of Representatives Standing Committee on Economics recommended banks introduce the least-cost routing of their tap-and-go payments for debit cards by April 1 2018. Yet despite this, they… Read more »
Minister for Small and Family Business, Senator Michaelia Cash, has announced the Small Business Digital Champions project. This new government initiative will provide select small businesses from around the nation with a digital transformation valued up to $20,000. The initiative hopes to provide real-time case studies that will serve as a source of inspiration for… Read more »
Kochie’s Business Builders is gearing up for season 12 to be aired on Channel Seven in early 2019, and we’re seeking small businesses in need of a helping hand from our experts to appear on the show. Are you a small business that needs advice in any of the following areas: – Expanding internationally – … Read more »
While the Christmas period may be an important time for small business to grow their revenue, research from PayPal has revealed the holiday season is also fraught with peril. 44 per cent of small business owners reported to feeling concern around cash flow during the Christmas period. Business owners are also concerned about not being… Read more »
Australia’s first independent, employee choice-of-fund platform, Roll-it Super, has announced its pilot launch, with plans to address Australia’s default superannuation sector. The launch follows the alarming Productivity Commission report into Superannuation, which found low income employees in under-performing default super funds retire with $635,000 (53 per cent) fewer savings than their counterparts in high-performing funds.… Read more »
Document productivity startup, Nitro, has found Aussie employees are wasting valuable hours battling outdated tech, mired in unnecessary meetings and trapped in poor workflow. Nitro, surveyed more than 1,000 Australian office workers to better understand the productivity challenges faced by employees and discovered five primary pain points. 59 per cent of employees reported outdated processes,… Read more »
Research by small business lender Prospa has found small business owners are sacrificing health and well being as they struggle to make time to relax due to business pressures. One in four business owners reported working seven days a week to keep their business afloat. While three quarters suggest running their business impacts their ability… Read more »
ACS, the professional association for Australia’s ICT sector has launched Artificial Intelligence: A Starter Guide to the Future of Business, encouraging all Aussie businesses to embrace the use of artificial intelligence (AI). The ACS launched the publication at their innovation hub at Barangaroo, Sydney. ACS President Yohan Ramasundara, said the guide provides an easy to understand… Read more »
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