Small businesses are important to the Australian economy as they account for 99% of all Australian businesses, contribute hundreds of billions to the economy and employ more than 5.5 million people1. However, despite their importance, small to medium enterprises (SMEs) have traditionally struggled with 1.5% of Australian businesses closing within their first year2. Understanding what... Read more »
Why is social media so important for small businesses? It’s where your customers are. With nearly 2.5 billion social media users around the world, it is a great way to cut marketing spend, build your brand and get to know your customers better. If you haven’t already it’s time to give your business a platform... Read more »
As a bank born to service SMEs, Tyro understands the ups and downs of running a business – including times when you need to access funds quickly to cover a cash flow gap or seize a growth opportunity. That’s why we’ve designed a different kind of business loan. For eligible Tyro customers, loan offers are... Read more »
Since day one here at Tyro, product design and innovation has been at the core of our business. We are committed to providing services that make the lives of our merchants and SMEs easier. From our Tyro APP that simplifies business banking to our first-to-market Tap & Save EFTPOS feature, everything we do keeps our... Read more »
Integration brings a world of benefits to your business. Tyro partners with over 240 point of sales (POS) providers as well as accounting software, like Xero, to help you streamline your workflows and gain valuable insights. 1. Benefits of POS integrating An intuitive POS can take any business to the next level of efficiency and... Read more »
Drive productivity through technology – just do it! The new financial year is here! I know this is can be a stressful time for the accountants and tax people, but I wonder if the rest of us can use this milestone to think about new ideas and resolutions for working better, smarter, not harder? Imagine... Read more »
If growth is on the agenda for your business in the next 12 months, the start of a new financial year is a good time to rethink your business strategy. Here are three tips that you could use to put yourself in a healthier financial position this new financial year. (1) Upgrade your assets Have... Read more »
A new API platform is coming that will remove the complexities and expense of connecting multiple customer apps and POS systems, by providing a single integration solution. Tyro’s platform will be the hub – it will radically simplify how you onboard, manage and switch between the plethora of apps available and those that are increasingly... Read more »
Customer behaviours are continually changing with the rise of smart phones, wearables and alternative payments. The pace of technological change – while embraced by consumers – has been a great challenge for SMEs. So to stay connected with your customers, it’s worth reviewing your digital presence regularly – to ensure your best customers stay connected,... Read more »
It is often said how important small businesses are to the Australian economy. They make up more than 99% of all Australian businesses, contribute $380 billion to the economy and employ more than 5.5 million people.[1] So it’s not an understatement to say that access to finance is critical to not only their success but... Read more »
