How MYOB CEO found his ‘edge advisor’
Tim Reed shares his strategy for keeping on top of business and technology trends.
Tim Reed shares his strategy for keeping on top of business and technology trends.
Shares pointers on how to do this in a business environment buffeted by change
Will help SMB clients migrate to AccountRight Live and LiveAccounts.
Over a third of businesses are reporting more work or sales for the next three months, according to the August MYOB Business Monitor.
The Monitor is a nationwide survey of over 1000 local business owners across a range of small and medium businesses. It is conducted by Colmar Brunton and has recorded a resurgence in local business revenue since the global financial crisis, with 31 percent of businesses reporting revenue increases and 26 percent reporting a fall in revenue over the last year.
An online accounting package called LiveAccounts designed for small businesses that need to raise invoices, track expenses and manage income will be available from MYOB in June.
MYOB CEO Tim Reed says the offering was developed in response to an independent survey of over 950 local businesses which found business owners are looking for online tools and functionality, but prefer to run their business from the desktop.
Local businesses are holding up reasonably well despite the effects of five quarters of recession, with 60 percent reporting revenue at the same level or improved over the past 12 months, according to the MYOB Business Monitor.
The Monitor is a survey of over 1400 local businesses, representing the range of business sizes, from sole traders to larger businesses.