Small Business Archives

Small Businesses Giving Back To The Community Small Business Community Engagement

7 Ways SMEs Can Support Their Local Communities

With the challenges raised by COVID-19, community involvement is a key to ensuring long-term recovery and cohesion. While large businesses often support high-profile charitable organisations and large scale social responsibility initiatives, small-to-medium enterprises can get involved and give back to their local communities. Here are a few ways for small businesses to give back to their communities. Many don’t require spending money, so they’re an option if you don’t have extra funds budgeted.

Multitasking in Business: Why It Doesn’t Work

The popularity of multitasking in business is a result of a misconception that it is a way to get more things done. The truth is that multitasking reduces productivity by up to 40 per cent and lessens the limited supply of attention that employees have to offer. It can even lower intelligence and negatively affect decision making. With COVID-19 lockdowns and more people working from home, it can be even more challenging to stay focused. Given the impact of this problem, it’s important to understand what multitasking is and what you can do to overcome it.

Team Members Discussing Strategic Human Resource Management

6 Human Resource Management Tips for SMEs

Human resource management might seem like something for large businesses that have large staff numbers. But small and medium businesses with lower staff numbers can benefit from strategic human resource management as they grow. With that in mind, here we consider some of the top HR challenges and provide some helpful HR tips for small businesses.

A Women Working On The Product Development Process

Product Development 101: A Short Guide

Innovation is the lifeblood of any business. If you’re not regularly improving your products or services, you risk being left behind in a fast-evolving marketplace. Here we go over the steps for successful product development to help you avoid some of the common pitfalls.

A State-By-State Guide to COVID-19 Lockdown Support

With current and recent lockdowns in several states affecting half of the population, state governments have stepped up with support packages to help businesses that have been negatively impacted. Here’s a summary of what’s available in states where businesses have felt the negative impacts of lockdowns.

A Quick Moula Guide to the NSW COVID-19 Business Support Package

On 13 July 2021, the NSW Government announced a comprehensive support package for businesses across New South Wales to help them get through the COVID-19 lockdown. The total commitment will be up to $5.1 billion, which includes more than $1 billion in support from the Commonwealth Government as part of a program supporting businesses and employees.

How to Get an ABN: A Short Guide

If you’re starting a business, you might be asking “How do I get an ABN?” To help you with this important first step here’s a summary of the key points in getting an ABN, including what’s required and how long it takes to get one.

Sme Definition Sme Meaning Sme Australia

SME Definition: What Is an SME in Australia?

SME, meaning small-to-medium enterprise, is a term used to describe a range of businesses based on the number of employees or annual turnover. These enterprises represent the vast majority of businesses in Australia, employ millions of people, and are the engine of the economy, responsible for 55 per cent of GDP. But what’s the definition of SME? Here we look at small-to-medium-sized enterprises, how they are defined in Australia, and their economic impact.

Women At Laptop Engaging In Asynchronous Communication

Asynchronous Communication and How to Apply It

Asynchronous communication is a concept that has increased in importance with the growth of remote work and online communication. While you might already be using this form of communication in your business, understanding the options and implications can help you choose how and when to communicate asynchronously. Here we consider the basics of how teams communicate and ways this can be improved.

Artificial Intelligence For Small Business Ai For Small Business Marketing

Artificial Intelligence for Small Business Growth

Artificial intelligence for small business is making a big impact. While large organisations have more resources to implement AI business solutions, small businesses are also leveraging it to increase efficiency and boost growth. Here we start by defining artificial intelligence and looking at a few of the ways you can use AI in your business.

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