Advertisement
  • Riad Chikhani (left) ranked 6th on Forbes' 30 Under 30 Asia list. (Supplied)
Here's what's making headlines in the small business world this week.
Source:
SBS Small Business Secrets
5 Apr - 4:05 PM  UPDATED 5 Apr - 4:06 PM

Forbes 30 Under 30 Asia

The recently released Forbes 30 under 30 Asia list recognises some of the most ambitious and influential innovators across the region.

11 Australian startups made it on the list, including Rory San Miguel of the Sydney-based drone startup Propeller Aero, which is being described as the next Atlassian.

Also making the list is Riad Chikhani, the founder of Gamurs - an eSports content company which provides news and updates for gamers.

RELATED READING
Playing games is serious business
The online sports universe is expanding rapidly, with an estimated 145 million eSports fans around the world. Gamurs Group is keen for a piece of the action.
Business flying high for industry disruptor
A young software company is extending the drone industry’s scope and is used in more than 100 countries across 7000 sites, while striking partnerships with some of the industry’s biggest players.

ACCC report released

Nearly 5,000 small businesses reported various issues to the ACCC last year, with a majority of these claims coming from businesses with 0-4 staff members.

In its small business snapshot, the ACCC listed the most common complaints as alleged misleading conduct, consumer guarantees issues and wrongly accepting payments.

Scams cost small businesses almost $3 million.

The ACCC secured $177,000 in misconduct penalties, including the first court-ordered fines for breaches of the Franchising Code.

However, the number of reports has dropped by nearly 3% compared to 2016.

Want to find out the secret to small business success? Tune into #BizSecretsSBS at Sundays 7am & 5pm on SBS, stream on SBS On Demand, or follow us on FacebookTwitter or Instagram.