Over 50 and over the hill? Discover your appetite for change
MYOB Blog
by Mark Phillips
5d ago
Over 50 and over the hill? Discover your appetite for change Because more than 4.5 million Australians won’t have sufficient super or other investments on which to retire, many face the prospect of having to work far longer than they might once have thought. Being indefinitely stuck in a job you can’t stand certainly isn’t ideal. But widespread skills and labour shortages mean you at least have a reasonable chance of dodging the unemployment scrap heap. However, an alarming number of small business owners are in a worse situation. According to the Australian Small Business and Family Enterpris ..read more
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How to Launch an eCommerce Startup That Drives Sales
MYOB Blog
by MYOB Team
1w ago
How to Launch an eCommerce Startup That Drives Sales There are currently more than 2.64 billion online buyers in the world. That’s roughly 33 per cent of the world’s population.  It’s safe to say that eCommerce has become an integral part of our daily lives. From buying a last-minute birthday present to ordering groceries online, eCommerce has permeated every industry and facet of our lives. And with Australia’s eCommerce market projected to reach $57.45 billion in revenue by 2028, who wouldn’t want to get a slice of the pie? However, creating an eCommerce startup can be tough without the ..read more
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Digital Skills for Manufacturing Fund Applications Open Now
MYOB Blog
by Kellie Byrnes
1w ago
Digital Jobs for Manufacturing Program Open Now for Victorian Businesses In a bid to foster innovation in the manufacturing sector, Federal and State governments are recognising the importance of equipping workers with digital skills. As technology continues to reshape the manufacturing landscape, businesses must adapt to remain relevant and seize new opportunities. To support this transition, the Victorian Government is offering grants to manufacturing businesses aimed at upskilling their workforce. The Digital Skills for Manufacturing Fund Digital skills are essential for optimising producti ..read more
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MYOB CRM: Mastering the quote to elevate your sales
MYOB Blog
by MYOB Team
1w ago
Elevating Your Sales Game: Mastering the Quote with MYOB CRM When it gets down to clinching a sale, first impressions last, and it often pivots on that crucial initial exchange: the quote. It’s far more than just a rundown of costs; it’s a mirror reflecting your business’s professionalism, attention to detail, and comprehension of customer needs. By using a powerful whole-of-business customer relationship management (CRM) solution, you can go beyond the basics and create highly customised quotes that automatically feed into your sales pipeline. Let’s dive into how you can create professional-l ..read more
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How to turn your business passion into profit
MYOB Blog
by Jim Cocks
1w ago
How to turn your passion into profit Leaving your comfortable 9-5 to go create that freedom business can be filled with twists, turns, and unexpected challenges. For many, it begins with a burning passion and a desire to make a difference in the world. Yet, the road to turning your passion into profit is rarely linear, as I learned firsthand in my own journey. After many years growing my own company and supporting many to do the same, I’ve discovered that getting started is the hardest part, which is why most stay in the rat race. Creating the momentum and drive to overcome those first hurdles ..read more
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Grants for SMEs to lower energy bills
MYOB Blog
by MYOB Team
1w ago
Grants for SMEs to lower energy bills A further $41 million for small and medium businesses to lower energy bills has been announced by the federal government. The Energy Efficiency Grants (EEG) for Small and Medium Enterprises is part of the campaign to improve energy efficiency, save on energy bills and lower emissions. The grants are between $10,000 and $25,000 and can be used to upgrade to more efficient equipment. Moreover, this includes replacing air conditioners with high efficiency units or gas heating boilers with heat pumps. The first round of grants awarded $15.5 million to 674 busi ..read more
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Common Business Mistakes To Avoid
MYOB Blog
by MYOB Team
1w ago
10 Ways You Can Steer Clear of Common Business Mistakes When it comes to small business ownership, the path to success is laden with potential pitfalls. However, many of these business mistakes can be sidestepped with the right knowledge and tools. With 2024 well underway, let’s dive into some practical tips that’ll help ensure your business not only survives but thrives. 1. Ignoring the Power of Planning Firstly, every successful voyage begins with a map. Business planning isn’t a one-off task. It’s a continuous process that requires regular review and adjustment. Secondly, if you can equip y ..read more
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Maximising Value for Your Business
MYOB Blog
by MYOB Team
1w ago
Maximising Value for Your Business: The Partnership That Pays Dividends It’s viewed as a bit of a cliché these days, but the old adage “time is money” is still relevant in today’s breakneck-speed environment, especially for small and medium business owners. With so much on your plate, from operations and customer service, to sales and marketing and beyond, it’s crucial to find new ways to streamline and optimise your processes. As part of our commitment to delivering value to Capricorn Members, we’re excited to introduce an exclusive offer designed to supercharge your efficiency and performanc ..read more
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MYOB Business Monitor finds cost of living bites
MYOB Blog
by MYOB Team
2w ago
One in five small business owners cut personal income as cost of living bites, finds MYOB Business Monitor Fifty-eight per cent of small and medium sized enterprises (SMEs) say the cost of doing business is more of an issue than it was 12 months ago, according to the latest MYOB Business Monitor released today. To manage the rising cost of doing business, SMEs have taken action on a number of fronts including incorporating increases into the price of their products and services (29%), making less or no profit (28%), and the business owner either reducing or not taking an income (21%). The surv ..read more
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Get involved, broaden your horizons
MYOB Blog
by MYOB Team
2w ago
Season 2, Episode 1: “Get involved, broaden your horizons” In today’s ever-changing world, it’s more important than ever to step out of comfort zones and embrace new opportunities. By doing so, we can broaden our horizons, gain valuable experiences, and make a positive impact on both our personal and professional lives. In the latest episode of the Fiscal Therapy podcast, Nick Holloway, the chair of the New South Wales Young Chartered Accountants Panel, shares his story and how he sought to make a difference in his chosen field. Nick’s involvement with the Young Chartered Accountants (YCA) pan ..read more
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