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 »
Not many people survive a blockage of the LAD artery – the cause of the heart attack commonly known as the widow maker. So, when Bunbury business owner Rob Marshall found himself in the throes of the mother of all heart attacks – he didn’t realise the odds of survival were not on his side.… Read more »
MYOB CEO Tim Reed took the opportunity to praise the brand’s community of accountants and bookkeepers for their unwavering support of small business at the keynote opening address at MYOB Partner Connect in Melbourne. The leading cloud-based business solution software provider announced a raft of new features for its platform effective immediately, including the expansion… Read more »
Research by MYOB has revealed 75 per cent of women surveyed believe jobs of the future will require more Science, Technology, Engineering and Mathematics (STEM) skills, yet the majority are ill-prepared for this event. The Women in STEM research showed 50 per cent of Australians believe women’s lack of STEM skills will also impact the… Read more »
The latest figures from MYOB’s Business Monitor Report reveals businesses are generally optimistic about current conditions. 33 per cent of SMBs expect the economy to improve in the next twelve months, while 32 per cent think it will remain much the same. This year’s results show an improvement on last year when only 25 per cent… Read more »
Small business owners and startup founders are struggling to make superannuation and end of financial year tax payments, a new survey has found. The latest MYOB Snapshot, an online survey of a portion of the company’s customers, found one in four owner operators are not currently making any superannuation payments, while almost three in five… Read more »
The Federal Budget 2017-2018 is looming and will be revealed 7.30pm (AEST) on Tuesday 9 May 2017. In the meantime, many small business owners are left wondering what the outcome will mean for them? According to new research from MYOB, almost half of Australian small businesses aren’t confident the Budget will work in their favour. Small business owners were… Read more »
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