Small business insolvencies have risen 20% over the last quarter, an increase of 8% year-on-year in an ominous sign for the Australian economy, with CreditorWatch CEO Patrick Coghlan saying the latest data is “the canary in the coal mine”. Coghlan suggests the rise in businesses being declared insolvent doesn’t bode well for the economy. Coghlan’s… Read more »
The NSW government released a new report today from the state’s Innovation and Productivity Council (IPC) looking into the state of business there. The IPC’s Business Size Report cast its eye over more than 1.17 million businesses, from sole traders to large companies. It is based on 2015 data from the ABS BLADE… Read more »
Facebook has announced a suite of new tools aimed at small business owners to assist them in saving time and money when creating resources for their social media campaigns. The new tools include an Automated Ad feature which will easily allow small business owners to create a targeted campaign based on their unique goals; a… Read more »
The government’s announcement of a $3.6 million package to support the mental health of small business owners has been welcomed by the business community.
The government has thrown its support behind the nation’s SMBs with the announcement of a major new fund using Commonwealth bonds to back small business.
75 per cent of Australian SMB owners said they can’t be sure they’ll be able to pay their own bills on time due to unpaid invoices.
The days are long, the work is difficult, and the 25% of small business owners who can’t afford to pay themselves a wage in their first year, are probably just scraping by.
Fear of failure and the Tall Poppy syndrome may be contributing to a lack of entrepreneurship in Australia, according to new report.
What makes Prospa’s culture unique is that we’re driven by challenging the way the finance system works: over 200 passionate people come together daily to find better ways of keeping small businesses moving.
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.
Part of the reason why SMB owners are choosing to forgo a business loan is the amount of documentation required, with 80 percent stating it was onerous.
TJ Swim is one of the most popular Brazilian-style swimwear companies in the market, boasting hundreds of thousands of Instagram followers and a slew of celebrity endorsers.
According to the Norton SMB Cyber Security Survey 2017, one in four Australian SMBs experienced a cyber attack in 2017.
Square and Bank of Queensland (BOQ) have joined forces to deliver small business more flexible payment options.
If we are honest with ourselves, fear is the constant companion of many startup founders and small business owners, particularly for soloists.
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