Small and medium enterprises (SMEs) across Australia are facing growing challenges as payment delays continue to rise, putting pressure on cash flow and business sustainability. With economic conditions tightening, many businesses across most industries are experiencing longer payment terms, making it difficult to manage working
For small and medium-sized businesses (SMEs), steady, predictable employee turnover is part of normal operations. But what happens when a business that has historically had low attrition suddenly experiences a spike in resignations? When employees start leaving en masse—particularly from the same department or within
Attracting great candidates is only half the battle—securing their commitment is where many businesses go wrong. If a strong candidate was initially interested but suddenly backs out, something in your hiring process may have sent them running. Here’s what might be turning them off—and how
Cyber threats are evolving at an unprecedented pace, with businesses facing thousands of attacks daily. In response, artificial intelligence is transforming cybersecurity, enabling organisations to detect and neutralise threats faster than ever before. AI-driven security solutions are no longer optional—they are becoming a fundamental component
With the Reserve Bank of Australia’s (RBA) cash rate at 4.10 percent, many Australians are wondering why their mortgage interest rates remain significantly higher. The answer is simple: banks are making substantial profits from you and countless others. Despite some recent reductions, most variable home
Running your own business is often seen as the ultimate path to independence and success. However, for many sole traders, the reality includes significant personal challenges such as isolation, burnout, and an overwhelming administrative burden. Recent studies highlight that nearly three-quarters of sole operators experience
When you’re running a small business, it’s easy to fall into the trap of over-investing in areas that don’t yield strong returns. Many owners make decisions based on excitement or perceived necessity, but these investments can often drain your cash flow without delivering the expected
Running a small business comes with its fair share of expected expenses, from rent and salaries to marketing and supplies. However, many hidden costs can accumulate over time, catching business owners off guard and impacting profitability. Understanding these overlooked expenses is crucial for financial planning
Psychological studies suggest that it takes just 1/10th of a second to form a first impression. Whether it’s meeting a person or encountering a brand online, these snap judgements shape perceptions and influence behaviour almost instantly. In the digital era, branding is no longer a
Coco Hou CPA is calling on professionals working in accounting and finance to consider taking on a side hustle in bookkeeping and accounting to meet the growing demand from businesses in need of accounting services and to help earn more money to help with household
Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
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