ESG factors with financial impact on a company can change over time; identifying these factors before they arise is important for a company’s long-term strength As proven by the unexpected impacts of COVID-19, companies already see the need to prepare for financially material business factors
Innovate or Perish? Embracing innovation is paramount in these days of rapidly changing business landscapes and technology development. The COVID-19 virus, of course, has been a catalyst for great and urgent change. In fact, some companies have seized the opportunity to create new and better
The increased numbers of employees working remotely presents an opportunity for cybercriminals. Companies must be vigilant and maintain proper controls on their data and finances. Leaders, IT departments and staff must work together to prevent vulnerabilities. As the world stands together to defeat the coronavirus,
Taking advantage of emerging technologies, including Big Data and artificial intelligence, has enabled China to respond rapidly to the impacts of COVID-19 and to fight against its spread; New hospitals were built in record time and millions of students were able to resume their
One of the most alarming trends to watch this week in Australia was how quickly small and large companies axed their employees. A lot of jobs in certain industries were expected to be quickly impacted ie tourism, hospitality, sports, etc — but there was another
When people are in business or are contemplating setting up a business, storage is not often on their list of priorities. However, it quickly becomes apparent that “space” is a commodity that can really affect the profit and loss of many businesses. Whereas we are
In small business, cash is king. It’s the key to unlocking innovation, growth, more staff and investment in tools and technologies. One in two business owners say they worry most about cashflow*. This doesn’t come as a surprise. Without cash, you can’t invest, pay wages
You CAN take control of your future, with innovation. The 2020 business environment is full of uncertainty, with both local and international events creating extraordinary pressures on society and the economy. As both individuals and our businesses, it’s only human to feel isolated and powerless,
Paying suppliers in foreign currencies can be expensive and confusing. As new players enter the payments market, there has never been a better time to re-evaluate your payment flow. By choosing the right international payment methods, SMBs can avoid expensive transaction fees and poor FX
The perfect storm of a volatile Australian dollar, coronavirus and a devastating bushfire season have all combined to create an uncertain economic environment for Australian small businesses. As a relatively small, open economy Australia is undoubtedly susceptible to external economic headwinds however, it’s how we
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