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5 common accounting mistakes SMEs must avoid in 2025

Bridging the gap between customer and financial data can help accountants avoid costly errors and inaccuracies in 2025.
02 January 2025 • By Rakesh Prabhakar, Zoho

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Business

SMEs set to face 7 major challenges in 2025, research reveals

Tighter employee laws, increased competition and cyber attacks are among the seven challenges SMEs are set to face in...
20 December 2024 • By Imogen Wilson
Business

COSBOA calls for comprehensive SME support following IR changes

Australian SMEs must “draw a line in the sand” against increased costs and complexities caused by recent industrial...
18 December 2024 • By Imogen Wilson
Business

Cash flow concerns a nightmare for Aussie SMEs: NAB

Cash flow remained the top concern for small business owners throughout Q3, according to NAB’s SME Business Insights.
12 December 2024 • By Imogen Wilson
Business

Aussie SMEs in critical need of debt support, data reveals

Australian small businesses need help with managing and understanding their business debt, according to research from...
11 December 2024 • By Imogen Wilson
Business

SME cash flow confidence for 2025 is on the rise, Zoho reveals

Australian small businesses are predicting an increase in their cash flow over the next three to 12 months despite...
11 December 2024 • By Imogen Wilson
Business

Wages top SME concern list as labour pressures rise

Rising labour expenses continue to cause stress for NSW small business owners, with wages overtaking energy costs as...
10 December 2024 • By Imogen Wilson
Business

SME owners bust small firm myths on pricing and people

Small business owners have no obligation to invest in extensive staffing, processes or pricing to be successful,...
28 November 2024 • By Imogen Wilson
Business

November SME pulse records slight downtick: ASBFEO

The Australian business environment has remained well below the long-term average, according to the November Small...
27 November 2024 • By Imogen Wilson
Business

SMEs in constant fear of red tape, survey reveals

The rising pressure of new regulation is fast emerging as the top concern for NSW small businesses, according to the...
22 November 2024 • By Imogen Wilson
Business

Business lender reports spike in credit demand from SMEs

Demand for credit among Australian small businesses has surged, with 94 per cent seeking new capital.
21 November 2024 • By Imogen Wilson
Tax

SMEs must be aware of CGT obligations, cautions tax expert

Capital gains tax continues to be the most common tax trap for Australian small businesses due to its broad scope, a...
20 November 2024 • By Imogen Wilson
Business

ASBFEO launches SME guide to help tackle debt

The Ombudsman has issued a guide to help Australian small businesses navigate the challenges of paying or collecting a...
19 November 2024 • By Imogen Wilson
Technology

Cyber experts call for SMEs to bridge cyber security gap

Australian SMEs need to improve their cyber defences to avoid the risk of being left behind, an expert has cautioned.
13 November 2024 • By Imogen Wilson
Business

Why the strategic advice of accountants is vital for SMEs in 2024

SME performance data reveals the significant value and guidance that accountants provide their SME clients ahead of...
08 November 2024 • By Paul Robson, MYOB
Business

Government calls for all SME cyber attacks to be reported

Small businesses shouldn’t be ashamed to seek cyber support after falling victim to an attack, Minister for Small...
07 November 2024 • By Imogen Wilson
Business

New course aims to help SMEs win government business

The NSW Small Business Commissioner has launched a course aimed at improving the prospects of SMEs selling to the...
06 November 2024 • By Imogen Wilson
Business

Aussie SMEs faring better than international competitors, Xero data reveals

Australian SMEs are continuing to outperform small businesses in other countries despite challenging macroeconomic...
04 November 2024 • By Imogen Wilson