Top Tips for Aussie Real Estate Agents Choosing Insurance Being a real estate agent comes with a fair share of risks. Think high-value transactions, complex regulations, market volatility, and even working alone, meeting strangers in empty properties.That’s why having the right insurance is essential. This article is about how the right cover can help protect [...]
Top five small business questions answered Running a small business requires dedication, resilience and a willingness to learn and adapt. As a small business owner, you're likely to encounter myriad questions and challenges along the way. To help you navigate this journey, we've compiled answers to the top five questions small business owners ask. 1. [...]
Reduce the risk of being scammed in small business Scammers are constantly evolving their tactics to target small businesses. The federal government’s Scamwatch site is a great resource for understanding the latest scams and for reporting a new scam. Knowing what scams are out there and what you can do to help prevent them can be crucial for [...]
Balancing Maintenance and Innovation: A Must for SMEs Hey, SME owner, pat yourself on the back. According to the Reserve Bank of Australia, SMEs spend 25% more on research and development (aka innovation) than big business. In fact, SMEs account for 55% of total R&D spending. That kudos is great, but… chances are your business [...]
Flood Risks are Rising. Is Your Home Insured Against Damage? Flooding is a major and worsening risk for many Australian property owners. Recent findings from Monash University reveal that 370,000 homes and 120,000 commercial properties face a 1% annual risk of flooding. That translates to a significant number of properties at risk. Plus with climate change, these [...]
Lessons for small businesses from the CrowdStrike incident In July 2024, global cybersecurity company CrowdStrike brought the internet to its knees, with a glitch in its software update that caused widespread system crashes with computers running Windows operating systems. One source suggests the total cost of the outage could run to more than $1 billion. Serious small [...]
Economic update for small businesses: a more stable outlook ahead As a small business owner, being informed about the economic landscape is crucial for making sound strategic decisions and being able to adapt to changing conditions. Here's a snapshot of the current economic climate and what it might mean for your small business. Economy is [...]
Combat Staff Attrition with These Simple Strategies Staff attrition continues to be an issue for businesses. Across Australia, staff turnover averages 15% a year, or about one in six employees, according to the Australian Human Resources Institute’s (AHRI) Quarterly Australian Work Outlook Report. High turnover disrupts daily operations, drains resources, and affects team morale. As [...]
The Impact of Global Risk on Your Business Strategy Impact on Your Business Strategy These shifts can throw a spanner to the works in markets, supply chains, and even customer demand. This article will help you, as a business owner, get a bigger picture and understand the impacts of geopolitical risk. Much is out of [...]
Avoid Fines: Ensure Your SME Reports Hacker Payments The Federal Government has put its planned ban on ransom payments to hackers in the ‘too-hard basket’. But what they’re doing instead should make even your small-to-medium-sized business take notice. New proposed legislation could affect businesses across Australia, especially those with a $3M-plus annual turnover if the [...]
