Australian business owners are certainly made of tough stuff. Just when it looked like things were starting to ease after the challenges of the last couple of years, along comes surging inflation, supply chain bottlenecks and rising interest rates. Yet despite these notable headwinds, NAB reports businesses are increasingly optimistic,...
Setting your business up for success this new financial year
No matter what industry you are in, a new financial year is an excellent opportunity to look for ways to improve your business – whether that’s expanding into new markets or streamlining operations to become more efficient. With this in mind, what specific things can you do to make the...
How your small business can benefit this EOFY
With the end of financial year (EOFY) fast approaching, now is the perfect time to take stock, balance the books, and get ready for the new year ahead. Given that Australia’s economy is expanding fast and unemployment is at its lowest level since 1974, many savvy business owners will be...
What does inflation mean for your small business?
It’s been a rough few years for many small business owners, particularly in Victoria. First, there were all the restrictions and stay-at-home orders that led to Melbourne spending more time under COVID-19 lockdowns than any other city in the world. These lockdowns hit revenue hard, especially for those in the...