- Dynamic Business
- Posts
- 01NOV2021-MON (copy 01)
01NOV2021-MON (copy 01)
Propell 101 Guide to small business finance: Understanding your options
Monday 1st November 2021
Propell 101 Guide to small business finance: Understanding your options
As businesses begin to recover from the pandemic, there are a range of traditional and non-traditional sources of funding they can access.In response to the concerning statistic that 60 per cent of SMEs don’t know what financial options are available to help them rebuild, Aussie fintech Propell has released a free 101 Guide to small business finance. Dynamic Business provides an excerpt from the Guide that covers two options, Crowd Funding and By Now Pay Later (BNPL).
Facebook is now Meta, but what is the metaverse?
“From now on we are going to be Metaverse first, not Facebook,” Zuckerberg said during a keynote address at the company’s annual developer’s conference. “I hope that people come to know the Meta brand and the future that we stand for.”During Facebook’s annual Connect conference, Mark Zuckerberg discussed his vision for the metaverse. including a tease for a new high-end headset, the addition of more personalised home space, fitness-focused accessories, and a VR version of Grand Theft Auto: San Andreas.
Funding roundup October 25 – October 29:
Superhero announces $15m funding round
BMYG Financial Group secures $500m funds under management
Bupa boosts sustainable Australian start-ups through eco-disruptive program
Novalith raises AU$2.5m seed funding to launch its clean lithium extraction
Commercial property startup Inspace raises $4 million pre-series A
Flux closes $800k seed round
XERO Small Business Index shows SME jobs suffer
Data released today by Xero produced as part of its small business index shows September was the worst month of 2021 for SMEs, with the index dropping 14 points below average. The index fell to 86 points in September from, recording a decline for the third consecutive month. The decline in the index was driven by continued poor SME jobs growth. Jobs growth fell by 0.9 per cent in September; this is the first time growth has dipped into negative territory this year.
How SMEs can compete to attract top talent
Employer branding is particularly important for SMEs. While they are often incredibly dynamic and attractive places to work, some job seekers assume that larger organisations can offer them more — whether that takes the form of a bigger salary, greater opportunities for progression, or more perks. SMEs, therefore, need to go the extra mile to demonstrate they’re a highly desirable place of work, especially when they’re competing with large, well-established organisations.
Let’s Talk: My business is in trouble. What can I do to survive?
As COVID-related financial support from the government diminishes, and supply and employment challenges increase, it is unsurprising that SMEs are now struggling.So, what practical steps can you take to turn your business around?id:2021-10-31-07:02:41:993tLet’s talk…
Technology driven zero-carbon approach
The Federal Government has committed to a zero-carbon Australia by 2050, ahead of the United Nations 26th Conference of the Parties (COP26) held in Glasgow. Prime minister Scott Morrison has said that emissions reduction will be driven “through technology, not taxes.” Technology such as Australian/ US agritech startup, Bio Loam. Bio Loam today received $40 million in funding for its innovative technology that addresses the climate crisis head-on.
Cyberattacks and Ransom demands may hit a record high in 2022: Check Point Report
Check Point Software Technologies, a cybersecurity solutions provider has issued its cybersecurity predictions for 2022, predicting that cyber-attacks will break new records for ransom demands next year. Cyberattacks on supply chains will also grow more prevalent in the coming year, according to the report.
