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How to increase organic growth and repeat business

In today’s digital landscape, a major challenge for businesses is standing out in a sea of competition. One key strategy that has proven to be a game-changer is utilising your existing client base to drive organic growth. Cultivating a tribe of raving fans will help

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A fully government-funded paid parental leave scheme?

COSBOA has observed the changes from 1st July 2023 to the Services Australia administered scheme. In the interest of supporting small businesses, COSBOA has advocated for the following: A fully government-funded paid parental leave scheme. Such a scheme should be accessible, affordable, achievable, and manageable

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AI boom: don’t miss out, but avoid the frenzy

Investors must take a cautious approach to the Artificial Intelligence (AI) boom to avoid getting ‘burned’, warns a serial tech entrepreneur and the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The warning from Nigel Green

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How to effectively manage outsourced work

Today, outsourcing is a popular choice for businesses looking to cut costs and execute business functions that require specialised expertise. By outsourcing, businesses can get help from skilled professionals, without the recurring costs of retaining full-time employees. While this can be a significant advantage for many businesses,

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Minimum wage increase: how can SMEs afford it?

COSBOA is deeply concerned about the increasing cost of doing business, particularly during these challenging times. Small Business reports that they are not profitable, they are absorbing cost increases and fighting to obtain workers. If the minimum wage increases, we anticipate a wage-price spiral, small

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