6 most commonly overlooked cost savings in business

Image credit: Michael Longmire

From paying more than necessary to cutting budgets on activities that bring home the bacon, here are some of the most commonly overlooked savings in business to look out for in 2021.

Consumers increasingly spending with large businesses as SMEs lag behind in the tech stakes

Australia’s small businesses have been slow to leverage technology that would improve the customer service experience even though consumers are increasingly turning to large organisations to satisfy their spending needs, according to Katrina Konstas, Vice President Small Merchant JAPA, American Express. Konstas spoke with Dynamic Business about  findings from American Express’ Economy of Shopping Small:… Continue reading Consumers increasingly spending with large businesses as SMEs lag behind in the tech stakes

Small businesses losing custom to larger orgs

Despite voicing a preference for ‘shopping small’, Australian consumers are increasingly transacting with large organisations, further widening the gap between small and big businesses in the spend stakes, according to new research from American Express. Commissioned by American Express in support of its month-long Shop Small campaign, which runs throughout November, The Economy of Shopping… Continue reading Small businesses losing custom to larger orgs

Melbourne Cup Day: managing SMB expenditure

Melbourne Cup Day is known as the race that stops a nation. While it’s a public holiday only in Victoria, Australians around the country take the afternoon off to socialise with friends and colleagues. They participate in office sweeps and bet directly on the race and many enjoy a long lunch. It’s such an iconic… Continue reading Melbourne Cup Day: managing SMB expenditure

5 Tips to create a debt killer budget

Ever wonder why some people get ahead, buy a car, buy a house and go on fantastic holidays while you continually struggle to make ends meet? The secret is to plan for your goals and above all to BUDGET. You’ve probably heard the well known saying “The problem is not that you plan to fail,… Continue reading 5 Tips to create a debt killer budget

Maximising value from the IT budget to achieve better business outcomes

It has never been more vital than now for IT professionals to identify ways that can help the company as a whole make more intelligent business decisions. Importantly, they need to determine the best allocation of resources by gaining a better view of their IT and whether they are truly achieving value for the organisation.

Freeing your workers from their desks

Advances in technology and cloud computing have made working from anywhere possible. Recent tax amendments in the latest federal budget have also incentivised this, allowing businesses to give their staff all the equipment they need to be truly mobile.