Australia’s more than two million small businesses make an enormous contribution to our communities and are the backbone of our economy. Yet, according to a MetLife study almost half (47 per cent) of small business owners are exposing themselves, their families and employees to the financial impact of illness, injury or even death through lack […]
Are Your Gadgets Spying On You?
From televisions to toasters, all kinds of devices are getting hooked up to the Internet. That’s bringing convenience, like air conditioning systems that can be activated remotely while you’re on your way home from work. But it’s also bringing new privacy concerns, as anything connected to the Internet tends to attract the attention of hackers. […]
Managing Cashflow In Your Business
Cash flow cripples more small businesses in this country than any other cause. Negotiating the right payment terms with customers and suppliers is key to avoiding cash flow disasters. Setting your payment terms up front with your customers—and knowing the payment terms of your own suppliers—means you can tackle cash flow head on from the […]
The History of Insurance
Whether it’s the birthplace of a nation, the emergence of a superhero or the humble beginnings of an industry, everything has an origin story. Insurance is no different. But the story of insurance is a whole lot more than a series of misadventures of a bumbling stunt driver or the romance between Rhonda and her […]
The Key To Business Growth
Business growth requires a solid foundation and a solid foundation is built on powerful risk-management. The message is simple. As a rule of thumb, when you cut your risk, you cut your losses and maximise profits. Failing to minimise risk, or failure to establish a risk management plan, is like ‘setting out to sea in […]
Renting Your House Out On Airbnb
Do you rent your house, or a room, out on Airbnb? Are you considering doing so? You might want to consider some of the following points from Murfett Legal: 1. Get permission: From your landlord if you’re renting. Maybe from council if you’re an owner. 2. Get proper insurance, security deposits and lock up your […]
Prevent Fraud in Your Small Business
If you are a small business which has not experienced a fraud, you are in a lucky minority and the numbers suggest you could be next. That’s the message from Curtin Business School following research that found that one in eight Australian small businesses had been targeted by scammers and had spent up to 100 […]
It’s Not Just Cyber Criminals Who Will Compromise Your Valua
It may be a cliché but it can’t be said enough: where security breaches are concerned, it’s not if but when. Breaches are splashed across the front pages of the news on an almost daily basis, with some of the world’s biggest companies falling victim. But the story behind these latest breaches to hit the […]
Protecting Intellectual Property
If you’ve ever developed a new product or formulated a new business idea, you’ve most likely grappled with the question of whether you should protect it legally in some way. It can be a confusing issue, for sure, and many small business owners and entrepreneurs don’t seem to have a solid grasp of how, why […]
Investing in IT Security
The Australian Bureau of Statistics, Australian Red Cross, British Airways, Home Depot, Kmart, Last Pass, LinkedIn, Sony Pictures, Target, and Yahoo. What do all these companies have in common? They are just a small portion of the growing number of organisations that have been hacked or had their data or security breached and consequently […]
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