Owners of bar/cafe hospitality business looking over business financials
Finance

It’s been a slower summer for hospitality businesses, but there’s still time to turn their year around

- April 12, 2024 3 MIN READ

  Summer is typically a peak time for hospitality small and medium-sized enterprises, as people gather over the festive period and summer break to socialise and celebrate. But MYOB’s most recent anonymised data, representing tens of thousands of transactions, shows little growth YoY in the total cash received by hospitality SMEs between December 2023 and… Read more »

succession planning - a family sits around a table discussing the next steps for family business
Business Advice

How to use digital tools to succession plan

- April 10, 2024 2 MIN READ

           In any business, big or small, having a succession plan is a safeguarding strategy to ensure processes are in place for all potential scenarios that may jeopardise its survival in years to come, explains Elise Balsillie, Head of Thryv Australia. A succession plan supports long-term business continuity – and ensures… Read more »

media conference: camera operators and journalists jostle for position during a press conference.
PR

Nine essential must-know rules when dealing with the Australian media 

- April 10, 2024 4 MIN READ

  Whether you’re a startup, small business or a large corporation, there are nine essential rules of engagement you must understand when working with the Australian media and securing coverage for your business, writes Kathryn Goater and Anthony Caruana, Co-CEO and Co-Founders of Media-Wize. If you’re not willing to accept all of these, then PR… Read more »

A woman wearing glasses holds up a registered trademark symbol in front of her face: trade mark concept.
Legal

How to register your trade mark: Three simple steps for solopreneurs

- April 5, 2024 5 MIN READ

It’s understandable why so many solopreneurs don’t register their trade marks; it can often seem like a complicated and costly process. Jacqui Pryor, founder of MMW Trademark Services, sheds light on this trend and explains why solopreneurs should actually pay attention to their intellectual property. Some business owners have their hands full with everything that… Read more »

employee driving car - fringe benefit tax
News

FBT and providing cars to your employees

- April 4, 2024 3 MIN READ

  Cars are among the most frequently provided benefits to employees. Unfortunately, if the car is available for the employee’s private use, that means that the employer will be liable for Fringe Benefits Tax on the taxable benefit provided, at a rate of 47 per cent, writes Mark Chapman, Director of Tax Communication at H&R… Read more »

contactless payment transaction fee
Finance

Breaking down transaction fees: A guide for businesses

- April 4, 2024 3 MIN READ

For many small business owners, choosing a payment provider is like going to the mechanic with no knowledge of cars, writes Chris Dahl, Co-CEO, Pin Payments. The plethora of options, technical jargon, and pricing complexities can be overwhelming and difficult to understand. Likewise, payments can consist of differing fees, rates, and options, which people are… Read more »

family business: an adult father and daughter in aprons.
Growth

Top 3 attributes of a successful family business

- April 3, 2024 3 MIN READ

  Optimism is an important trait when it comes to running a successful family business, and Australian family businesses are well known for their positive attitude, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ. In fact, business consultancy PwC’s most recent Global Family Business Survey found that 85 per cent of Australian… Read more »

community concept: hands all reaching in from a circle.
Social

How to build an engaged online community

- March 28, 2024 6 MIN READ

Nick Brogden, the founder of Earned Media, shares advice on why building an engaged online community can help turn your brand from a simple startup into a household name.  Community building has always been one of the main factors determining a brand’s success. While the structure of a brand community has clearly evolved through the… Read more »