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 »
When the Prime Minister cancelled events across the nation due to COVID, single mum Lena Hughes had to think quickly to keep her fledgling business, Bubbles and Brushes, in the black. Based in Orange in NSW’s Central West, Hughes business delivered ‘paint and sip’ workshops which allowed novice painters to experience the joy of creativity… Read more »
Xero’s latest Small Business Insights (XSBI) program reveals that small business jobs rose in October, despite the winding down of government support programs such as JobKeeper, although revenue experienced slower year-on-year growth. Casual jobs continued to recover in October and have now risen 27 per cent since the lowest point during the pandemic in mid-April… Read more »
Research by Xero has revealed the impact small businesses have at a local level with nearly nine in 10 Australian consumers (87 per cent ) agreeing that small businesses played an active role in shaping the culture of their local community. ‘The Next Chapter for Small Business The global study of over 1000 small business… Read more »
Accounting software giant Xero Ltd is moving into lending to small business through invoice financing, announcing plans to acquire Sydney startup Waddle for up to $80 million. Xero (ASX: XRO) said the acquisition of the cloud-based lending platform aligns with its strategy to grow the small business platform and to address critical small business financial needs. “Waddle’s… Read more »
Cloud accounting solution Xero has announced a range of key updates to its product to make it simpler for small businesses to apply for JobKeeper and manage the ongoing reporting process. The update will allow small business owners and their advisers to easily calculate their change in revenue over a chosen period of time to… Read more »
Aussie fintech unicorn Airwallex has announced an integration with Xero that will allow its small business customers to easily reconcile domestic and international payments directly in Xero. Businesses will be able to connect their multi-currency financial transactions in Airwallex to Xero, allowing users to see a daily update of transactions in their Xero bank feed.… Read more »
Small business solutions platform Xero has gone carbon neutral. The accounting giant announced it has offset 100 per cent of its carbon emissions by investing in carbon certified environmental projects and conservation schemes across the globe. The brand says this move will balance out the carbon emissions produced by its operations and major suppliers for the… Read more »
Cloud accounting solution Xero has announced greater integration with payment platform Square to allow small businesses invoices to now be paid instantly and recorded automatically in Xero. The enhanced integration allows small businesses using Square to email invoices from Xero giving their customers the option to pay the bill instantly, using a credit or debit… Read more »
Small business owners using Uber for their travel needs will now spend less time reconciling their expenses with Uber for Business now integrating with Xero removing the need for manual data entry. Uber for Business simplifies the expense process for businesses and their employees and helps improve cash flow with monthly billing. Instead of paying… Read more »
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