Saturday, December 3, 2022

Australian businesses and industry urged to join the Defence mission

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Australian businesses and industry have the opportunity to participate in the next generation of contracts to deliver base services around Australia and support Defence’s key capabilities. It follows the release of the Request for Proposal (RFP) for a fourth generation of contracts.

Majority of small businesses expect to hit a cash flow crisis before FY24

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With economic challenges expected to continue into FY24 – from inflation and supply chain lags to higher interest rates and reduced consumer spending – businesses will need to keep a close eye on their income and expenses to maintain positive cash flow. Now, concerning new research reveals three-quarters of SMEs expect reduced cash flow before July next year.

pirkx appoints Siobhan Whalley to spearhead Asia Pacific expansion

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pirkx, the wellbeing benefits platform providing affordable and flexible wellbeing benefits to the self-employed, micro-businesses and SMEs, has announced the appointment of Siobhan Whalley as Managing Director, pirkx Australia. The appointment is another milestone in the company’s ambitions to scale globally following a recent £3 million ($5 million) fundraise.

Latest Visa program unlocks new opportunities in the creator economy

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Creators are driving a revolution in digital commerce and culture – producing content that engages and educates online communities in powerful ways. To serve this growing category of small business, Visa announced the launch of the Visa Ready Creator Commerce program. The initiative will help creator-centric platforms, like social-commerce and video gaming firms, embed financial tools – like faster and more flexible payouts through Visa Direct and tipping.

WeQual recognizes eight exceptional business women in the APAC region

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Eight talented businesswomen, holding prominent executive roles in leading firms listed across the APAC, have been named winners in the WeQual Awards. The WeQual Awards were created to accelerate gender parity at the top of the largest companies in the world. Over 35% of WeQual Awards winners are at global executive committee level, and over 50% of the category winners of our first awards have made it to the top - with one chief executive.

Canon Oceania celebrates change makers with its 2022 Grants Program

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Canon Oceania announced the winners of its 2022 Grants Program, recognising five firms across Australia that are paving the way towards a better future for their local communities. In the spirit of Canon’s guiding philosophy of Kyosei - living and working together for the common good - over the last 16 years, Canon Oceania has supported over 80 schools, not-for-profits and community groups with over $450,000 in monetary and product support.

New study offers roadmap for family-run firms to navigate turbulent 2020s

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Citi Private Bank released The Future of Family Enterprise: Turbulence and Transformation in the 2020s, a report that’s the result of a study in cohort with Cambridge Family Enterprise Group (CFEG). Two-thirds of families surveyed say they are moderately to extremely concerned about turbulence ahead, and how it will impact the next generation of leaders.

Call for entries issued for 17th Stevie Awards for Sales & Customer Service

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The Stevie® Awards, organizer of the world’s premier business awards programs, has issued a call for entries for the 2023 (17th annual) Stevie Awards for Sales & Customer Service. Entry kits and complete details about the competition are available at the following website. Eligible nominees for the Stevie® Awards include departments, teams, and professionals from around the globe working in customer service, contact centers, business development, and sales. New products and services and solution providers used by those professionals are also eligible. The 2023 awards edition will recognize achievements since July 1, 2020.

New study shows Aussie SMEs are charging ahead with global expansion

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Australian businesses have ambitious plans for international expansion, as new data from Airwallex reveals over two thirds of small-to-medium businesses (69%) plan to be operating outside Australia by 2027. Airwallex’s inaugural Australian Business Growth Index found 34% of businesses have operations overseas, but this is projected to double in the next five years.

How business leaders can achieve their goals especially in trying times

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Growing up on the land taught me about growing businesses and sowing their success. Whilst I am no longer around growing crops, lessons from my farm upbringing, I use to fix cashflow challenged firms and improve their business performance to make them more profitable. Today, I specialises in ‘making good businesses better.’ I identify what needs to change and show them what to do differently. Just as farmers don’t plant without forecasting, businesses won’t grow without an analysis of its people, processes and technology. A successful business transformation leads to improved cashflow but not enough companies get it right.