New Xero data reveals the state of Australia’s small businesses
Global business platform Xero has released its latest data as part of the Xero Small Business Index that covers statistics from February to June 2023.
The Xero Small Business Index averaged 120 points in the first five months of this year, which is above the last result of 112 that was revealed at the end of 2022.
The data has been calculated from aggregated and anonymised transactions from hundreds of thousands of small businesses across the country
Original story and image on Hospitality Magazine
Original story and image on Catering Insights
How many years has the UK’s oldest working combi oven been in service?
Rational launched a campaign earlier this year to find the oldest version of its oven currently in use as part of its 50th anniversary celebrations.
And Lorna McCarthy, officer for facilities at Cwm Taff Morgannwg University Health Board, came forward to reveal its kitchen was still using a 32 year old Combi-Dämpfer model, manufactured in February 1991.
Neuromarketing: The Future Of Marketing Strategy
Neuromarketing—applying neuroscience principles to marketing—is making waves in the industry. This technique probes deeper into consumer reactions, emotions and preferences by accessing more of their brain activity. Brands and agencies alike should leverage neuromarketing for strategic purposes as it can deliver unparalleled insight and accuracy than traditional research methodologies.
Original story and image on Forbes
Original story and image on AFR
Restaurants struggling ‘on the front line of inflation’
Brisbane restaurant co-owner and chef Sebastiaan de Kort said he has had little choice but to pass on price rises of up to 20 per cent over the past year to his customers.
While overall inflation appears to be stabilising – recording 6 per cent in the year to June – inflation in the services sector is still running hot at a two-decade high of 6.3 per cent.