Tag: Big Business

Australia’s economic recovery is a tale of two sectors: large corporations are thriving while small businesses struggle to survive.

Small businesses are pleading to be paid on time, with Ombudsman Kate Carnell urging big businesses not to use the COVID-19 economic downturn as an excuse not to pay up. The reports of big businesses using COVID-19 as an excuse to delay payments to their small business suppliers is disappointing. “Now is the time for […]

The Small Business Ombudsman has launched an inquiry into access to justice for small businesses, explaining the current legal system puts them in “no man’s land”. According to Kate Carnell, small business operators are at “the wrong end of a power imbalance” in dealings with big business and governments. “Consumer protections don’t always apply to […]

With so many channels to market these days, communication has become a two-way dialogue rather than a one-way push, though many big businesses have yet to accept this. The outdated marketing techniques still employed by many big businesses is handing a clear advantage to those startups and small businesses that are agile and adapting to […]

New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider to renew calls for federal government and big business to implement a solution. The company’s latest SME Snapshot,  revealed 77% of business owners had been impacted by late payments. Notably, 35% […]

Small to medium business owners are diligent when it comes to meeting their superannuation obligations to staff but growing their personal super is ‘not top of mind’, according to Tim Reed, CEO of cloud accounting provider MYOB. He told Dynamic Business that government and big business must play a role in eliminating barriers to owners making super contributions.  […]

There are plenty of cost effective practices and technologies SMBs can borrow from larger enterprises which will help you run your business more efficiently.

Despite the platitudes about being the backbone of our economy, small business often has very little input when it comes to policy development. Instead, big business, with its deep pockets, has the resources to ensure the issues that concern them get in front of decision makers — starting with employing ex-politicians to lobby government on […]

The milk price war that the big supermarket chains are engaging in is hurting the smaller businesses in the food production chain and farmers, cafes and independent food outlets are demanding the Federal Government steps in.

Fast-paced SMEs pride themselves on their ability to outwit and outsmart big business but the reality is, corporates continue to dominate many markets in terms of sales. How do they do it and what can you learn from it? SMEs often believe they can innovate, respond quicker and offer personal service that the bureaucratic and […]