Following the announcement from the NSW, SA, Tasmanian and ACT governments of various support packages to help small businesses during the current Omicron wave, Xero has announced an updated COVID-19 Business Support tool. The tool will make it simpler for small businesses and advisors to calculate their eligibility for the state support packages. Support welcomed… Read more »
A key strategy in combatting the late payment issue facing small businesses is the implementation of eInvoicing. While eInvoicing via the Peppol network has been available in dozens of countries for over a decade, Australia is only a recent adopter – rolling out the tech last year. Today Mark Stockwell, Acting Assistant Commissioner at Australian… Read more »
It’s hard to believe that just over a year ago, the word ‘pandemic’ had barely entered our collective vocabulary. Since then, COVID-19 has changed the way we live and work for good. For small business owners, 2020 was a test of resilience, yet they pulled themselves up by the bootstraps to survive (and even thrive)… Read more »
Since launching his business 3D Printing Shop in 2014, James Pasco has seen 3D printing go from the stuff of science fiction to reality. Today, it is a life-changing technology that can create everything from prosthetics to architectural models and medical replicas. James Pasco was always tech-obsessed. He tells Kochie’s Business Builders (KBB) he was the… Read more »
How technology helped Monk’s Chai founder John Anderson keep his purpose-driven, flavour-filled tea business on track during COVID. “I believe that having a connection to what we consume is foundational to having a good life,” says John Anderson, co-founder of Melbourne-based organic chai business, Monk’s Chai. So passionate is Anderson about this ethos, that he… Read more »
It doesn’t have to be expensive or time-consuming to set yourself up with an app stack – and the benefit it unlocks is like having a whole digital team behind you, says Bryan Williams, Head of Ecosystem and Marketplace at Xero Australia. Sole traders are lagging behind their larger counterparts when it comes to implementing… Read more »
David King left behind a career as a lawyer to follow his passion for sugary treats. His Willy Wonka aspirations led him to open his small business, Sticky, a confectionery store based in Sydney’s The Rocks. The lolly business proved a sweet success but when COVID hit the business hard in 2020, an ingenious social… Read more »
What motivates Australians to go into business? According to research from Xero, the tipping point is often a combination of opportunity, the lure of financial independence, and dissatisfaction with their current work situation. Xero surveyed more than 800 soloprenuers for their Tipping Point research to uncover the motivation and challenges faced by the nation’s sole… Read more »
One is the loneliest number – but it doesn’t have to be. Building your support networks when you’re a solopreneur is a boon for business and your mental health, writes Angus Capel, Xero’s Small Business Advocate. Australia is a nation of self-starters, with ‘solopreneurs’ accounting for a whopping 62.8 per cent of our country’s small… Read more »
The latest data from Xero’s Small Business Insights program reveals small businesses are still suffering the effects of the pandemic with job and revenue growth slowing as the government’s COVID support measures begin to taper off. Still, it’s not all bad news, with the report finding small business jobs remain just above pre-crisis levels despite… Read more »
Xero’s Small Business Insights (XSBI) program has released the data from its December report and it is good news for business owners. Australia’s small businesses are reporting jobs growth above pre-crisis levels despite declining revenues and a smaller holiday sales season. Jobs growth continues beyond pre-COVID-19 levels Small business jobs grew 1.9 per cent month-on-month… Read more »
After a year unlike any other, Aussie consumers are on track to return to their typical spending habits – plus a bit extra – this Christmas, writes Angus Capel Small Business Advocate, Xero. The good news gets better for small businesses too, with a surge in post-COVID community feeling driving more people to shop from… Read more »
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