More than a third (39 per cent) of Gen Y business loan applications have been denied in the last twelve months according to MYOB’s latest Business Monitor report.
eftpos today announced it is partnering with MYOB to deliver low-cost eCommerce transactions to Australian merchants. Speaking of the partnership, eftpos CEO, Stephen Benton, said MYOB would leverage eftpos’ eCommerce payment processing and settlement capabilities to offer low-cost efficiencies and real-time transactions to merchants and consumers in digital channels over the coming months. Benton said… Read more »
Small business leaders have come out in support of the opposition’s promise to inject $141 million to create new jobs in small business for those under 25 and over 55.
Accounting solution MYOB has announced the launch of a $10 payroll product to ensure Single Touch Payroll (STP) compliance is made easy for microbusinesses. MYOB Essentials Payroll and a payroll component for MYOB Connected Ledger have been released today, specifically for micro businesses with 1 to 4 employees, with each available for $10 per month.… Read more »
Global payments provider Square has announced the integration of its services with MYOB’s cloud accounting solutions. The move completes Square’s plan to integrate with all major accounting solutions in Australia and will simplify the payment processes of time-poor business owners. Square services will now fully integrate with MYOB’s Essentials and Account Right packages to provide… Read more »
With Single Touch Payroll likely to become mandatory for all businesses in the coming months, MYOB has announced a cost-effective solution for microbusinesses allowing them to be STP compliant with ease. MYOB General Manager of Products, David Weickhardt, said the company is passionate about helping businesses of all sizes succeed. He suggests the payroll solution… Read more »
Less than a third (31 per cent) of Australian small businesses are satisfied with the level of support they’re receiving from the Federal Government, according to MYOB’s latest Business Monitor report. MYOB CEO, Tim Reed believes winning the favour of the small business sector by putting policies forward that will make it easier to do… Read more »
Blue Sky Venture Capital’s Elaine Stead is a ‘boomerang’. She laughingly explains that while she grew up in Adelaide, she soon fled the city of churches, for brighter horizons. Yet just like a boomerang, Stead has found her way home. Speaking at Startup Grind she explains how a girl from the “disadvantaged side of town”… Read more »
Mentorship is the most sought-after form of assistance for startups across Australia, with around 56% of founders revealing they received help from a mentor, according to the 2018 Startup Muster report. Understandably so, as although business owners often face similar challenges, dealing with them alone or without the right knowledge can make the process seem… Read more »
A recent survey has found only 7 per cent of small business owners know their business credit score and the majority are also ignorant of Compulsory Credit Reporting (CCR) and how it could impact their ability to get finance. The survey was conducted by cloud accounting solution provider MYOB on behalf of OnDeck. It studied… Read more »
MYOB and Mastercard today announced a strategic partnership to bring innovative new ways of managing cashflow to hundreds of thousands of small business owners across Australia. The companies are teaming up to introduce a new payments solution for customers looking for an easier way to manage supplier invoices and payroll. Customers will be able to… Read more »
The Morrison government has thrown its support behind the nation’s small businesses with the announcement of a major new fund using Commonwealth bonds to back small business. The scheme, the Australian Business Securitisation Fund, was announced by treasurer Josh Frydenberg today and is set to be brought before Parliament. It will establish a fund to invest… Read more »