Australia/New Zealand Small Business News Round-up – 03/12/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:

  • Banks crack down on small business: Risk margins are being ratcheted up, and at some banks, policies stringently applied despite long term customer relationships. Is it a new era of banking?
  • WinWeb’s OnlineOffice is Entrepreneurs Online Support Service: The Belfast Telegraph writes about entrepreneurs and small business owners needing services and support at an affordable cost. Small business is most venerable during times of recession and credit crunch, receiving affordable support is essential if these small businesses are to survive in this harsh economic environment.
  • SMEs urged to manage staff internet use: Many small and medium sized enterprises (SMEs) are ignoring policies to manage non-essential, personal use of the internet at work as they move toward hosted and cloud computing applications.
  • Cash-strapped businesses feel alone: A NEW study has found an overwhelming number of Australian SME owners and managers are suffering undue stress as a result of cash flow issues in their business, with the impact spilling over into their home life and relationships.
  • What small and medium businesses want from the government: Entrepreneur and business coach Ben Ridler asked 70 of his clients: “What will make a significant difference to your business next year?
  • Franchising Code goes after bullies: BULLIES and rogues in the franchising industry have been targeted by changes in the Franchising Code of Conduct this week, but critics brand some of the recommendations as ”superficial.”
  • Businesses calling off christmas: Are work Christmas parties for the chopping block?Employees are seeing their work Christmas parties cut or scaled back as businesses tighten their belts and cut spending on all that is seen as frivolous and extravagant.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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