Business growth doesn’t happen by accident, it’s usually the result of careful planning and strategic thinking. There is no easy solution to scaling, however, if you want to give your business a boost in 2020, give these hacks a try. Explore investment and grant opportunities In today’s economic climate, small business owners have ample experience… Read more »
Crisis touches us all uniquely. Differing circumstances and different perspectives require different solutions. The greatest tool businesses can draw upon during this time is compassion, understanding and empathetic leadership. Never in our lifetime, nor ever again, will we see such a shift to the way businesses are run and people are managed write Laura French… Read more »
It’s easy to build — or enjoy the benefits of — a community when things are going well. But it’s when things are going badly that genuinely strong leaders show what they’re made of, writes Amanda Rose, founding director of Small Business Women Australia Truly leading, helping and growing a community becomes crucial in times… Read more »
Small businesses struggling to cope with the COVID-19 crisis do not have to suffer alone, with the new and improved My Business Health offering dedicated holistic support to employers and sole traders. The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says the My Business Health web portal has been re-designed to walk small… Read more »
To help small businesses keep afloat through and after the COVID-19 pandemic, City of Sydney council has released an additional $2 million funding for its small business grants program. The grants are available to local small businesses including for-profit arts enterprises that employ between 1-19 full-time staff. Sole traders may be eligible for the quick response… Read more »
“While it is a great initiative that is going to help thousands of employers keep staff on their books and potentially save their business, there is still the application process to go through first. Employers shouldn’t rush out and start spending money until they have gotten confirmation that they are eligible,” said Employsure Managing Director… Read more »
The federal government’s third tranche of stimulus which focused on the JobKeeper payment has passed parliament. Small businesses, including sole traders, with an annual turnover of less than $1billion whose revenue has dropped by 30 per cent or more will now be eligible for the subsidy. The flat payment of $1500 per fortnight per eligible… Read more »
New research by lend.com.au has found four out of five business owners do not believe the major lenders will deliver on the government’s SME Guarantee Scheme fast enough for their business to survive the pandemic. 7o per cent of businesses surveyed said they need the loans approved in order to stay afloat, while almost a… Read more »
Australia is effectively in lockdown. Public gatherings of more than two people are banned and people are only permitted to leave home for a limited set of reasons. The recent tough measures appear to be having some effect and the daily growth rate of new cases is now slowing. Although this is an encouraging indication… Read more »
If you are one of the millions of Australians now working remotely due to the impact of the coronavirus crisis, there is one upside… The ATO has made it simpler for you to claim your work-related expenses. The new arrangement will allow people to claim a rate of 80 cents per hour for all their… Read more »
Over the last ten years, more and more businesses have slowly begun the shift towards a remote workforce. This has meant identifying best practices, finding the technology and infrastructure to ensure transparent, timely communications, and training staff to empower healthy work from home routines and foster productivity, writes Carolyn Breeze, GM ANZ GoCardless. However, with… Read more »
Landlords will be forced to reduce rents on commercial properties in proportion with the loss of turnover their small business tenants have experienced under new measures announced by Prime Minister Scott Morrison on Tuesday. The plan will be backed up by state-based legislation and a mandatory Code of Conduct, building on last Friday’s six-month ban… Read more »
Originally designed to combat the effects of air pollution, these Sydney brothers’ face masks are becoming sought after as personal protection equipment during the coronavirus pandemic. Brothers Elias and Isaac Honor and childhood friend Jack Gordon have always had a passion for business and startups, so for many years were keen to combine their skills… Read more »
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