10 Minutes with Kishen Vijayadass
South Australia is a great place to start a business, according to BDO Business Services Partner Kishen Vijayadass. In the final episode of the summer podcast series, Vijayadass discusses what the state offers people looking to start a business and the pitfalls to avoid.
Vijayadass tells InDaily’s Business Editor Andrew Spence that South Australia has always been considered a good place to test new business ideas, but now the state also offers safety from the global pandemic.
BDO’s startup expert says a big trend in 2021 will be the continued digitisation of businesses, saying that although technology has been harnessed by industry in the past 20 years it is nowhere near complete. The rapid adoption of technology platforms will unlock demand for more over the next five to 10 years, he says.
Vijayadass also outlines the challenges and pitfalls many entrepreneurs face when setting out to build their company — spelling out why cash is still king.