In a recent article by ABC news, it was found that the Australian Taxation Office has been alarmed by the number of small business owners experiencing increasing levels of mental health issues, particularly in relation to financial stress.
Minister for Industry, Science and Technology Karen Andrews today announced a new grant available for Australian businesses to have their cybersecurity tested by approved Council of Registered Ethical Security Testers (CREST) service providers.
Cash flow is the lifeblood of any healthy business, and delayed payments can cripple SMEs in fast moving, competitive industries.
The Federal government has today announced the introduction of a $2 billion Australian Business Securitisation Fund to provide welcome new funding access for small to medium businesses.
Access to loans and funding have been revealed as a major inhibitor to growth across a range of small business reports released in 2018.
Returning for its 6th year, American Express' Shop Small campaign is urging cardholders to do their Christmas shopping with small retailers and support the local community.
October is NSW Small Business Month, a time to celebrate the contribution of over 700,000 small to medium businesses across the state and supporting 44% of NSW's workforce.
Keep on top of your bills and invoices to avoid being charged additional fees payment past a due date. If you depend on payments from customers to pay these bills and supplier invoices, consider passing on those costs to your own customers with late fees penalties.
Management Liability insurance covers certain risks arising from the actions and decisions of directors, managers and employees in the running of a business. These actions and decisions could include improper conduct such as sexual harassment claims or legal claims such as unfair dismissal or defamation.
According to the responses of over 1,000 Australian consumers and 400 small to medium businesses, contactless is now the preferred payment method for 51% of consumers, compared to cash (24%) or debit/ credit card payment with PIN (22%).