small business vote election
News

Want to win the small business vote? Cut red tape and support digitisation says MYOB report

- May 12, 2022 2 MIN READ

MYOB’s latest Business Monitor report reveals the sentiments of the nation’s small business owners ahead of the federal election. Unsurprisingly, the majority of small businesses want more support for digitisation and two-thirds want compliance costs cut and red tape reduced. Seven in 10 small business owners expect a change of government at the upcoming election,… Read more »

budget digital skills
News

Nine out of ten Aussies want the budget to help small businesses survive and thrive

- March 28, 2022 2 MIN READ

New research from MYOB reveals nine out of ten Australians believe supporting small business is vital for the future of Australia’s economy. The findings form part of MYOB’s pre-budget research, with ninety per cent of those polled suggesting small businesses should be prioritised in tomorrow’s Federal Budget. Aussies believe the Budget should support small businesses… Read more »

small business resilience
News

Aussie businesses are ready for anything as pandemic delivers a lesson in resiliency

- March 10, 2022 2 MIN READ

MYOB’s latest SME Success Report has revealed that Australia’s small business owners are 12 per cent more resilient than they were prior to the pandemic and are better equipped to face future disruption. The report collects four years of anonymous data from the nation’s small businesses, with the Resilience Index tracking balance sheet strength, gross… Read more »

STP single touch payroll
Finance

50 days out from STP2 deadline: here’s what you need to know to comply

- November 10, 2021 3 MIN READ

In 50 days, Single Touch Payroll Phase Two will come into effect and require small businesses to collate additional information to meet new government reporting standards. Awareness of the new regulation among small business owners is currently low. This raises issues for potential non-compliance and penalties, so it’s crucial you become acquainted with what’s required… Read more »

myob recurring payments
News

MYOB aims to improve payment times for small businesses with new set and forget function

- September 21, 2021 < 1 MIN READ

With 75 per cent of all payments to small businesses being recurring in nature, MYOB’s new set and forget function will streamline payments for small businesses. Automation to ease late payments MYOB’s  business management platform’s new recurring direct debit transaction service will allow subscription services to seamlessly receive payments and greatly reduce time spent chasing payment.… Read more »

e-invoice
News

MYOB finds small businesses want e-invoicing as the norm

- January 27, 2021 2 MIN READ

New research by MYOB has found Australia’s small business owners are heeding the call to take up e-invoicing. The findings come as the cloud accounting company unveils its e-invoicing product in partnership with e-invoice specialists Link4, LUCA Plus and MessageXchange. Small businesses are ready for the digital economy MYOB”s research discovered Australia’s small businesses are… Read more »

digital business
News

MYOB Business Monitor: Digital tools key to success in 2021

- January 19, 2021 3 MIN READ

The adoption of digital tools is no longer a ‘nice to have’ but a “critical business decision for SMEs”, says MYOB CEO Greg Ellis, following the release of the latest MYOB Business Monitor Report. MYOB’s biannual survey of Australian small business owners found those who were digitally savvy were the best equipped to survive the… Read more »

Wellbeing

Five ways for small business owners to take a break this summer

- December 11, 2020 3 MIN READ

Businesses across the country have faced a challenging year with COVID-19 related restrictions and, in many cases, enforced shutdowns. Small and medium-sized enterprises (SMEs) have been particularly hard hit, with research conducted by MYOB in May finding 36 per cent of small business owners cited COVID-19 and its wider economic impact as a key business-related… Read more »

innovation
News

3 tips to drive innovation in your business

- November 30, 2020 3 MIN READ

From droughts to floods to bushfires and COVID-19, small business owners have faced a tough year. Those with an agile mindset have been able to innovate and survive. But how do you cultivate an innovation mindset? And how does technology support innovation and boost business growth? Businesses flock to online Jon Manning, Economist at MYOB… Read more »

black friday sales
News

Businesses preparing for a Black Friday shopping bonanza

- November 24, 2020 2 MIN READ

New research from cloud accounting solution MYOB has found consumers are prepping to dole out big bucks this sale season as they hunt for bargains ahead of Christmas. A study by MYOB reveals fifty-seven per cent of consumers plan to shop during the Black Friday sales, up from 45 per cent who said they participated… Read more »

work from home
Features

5 of the best tips to make the most out of remote work

- August 31, 2020 4 MIN READ

Coronavirus restrictions have seen a significant shift in how we work, with 46% of working Australians now working from home, a first for many small businesses across the country. Sally Elson, MYOB’s head of people advisory and talent, provides tips for small business owners adapting their workforce to a longer-term work from home environment. Changes… Read more »