Lachlan MacPherson discusses how business is changing due to new technologies and trends. Small businesses can thrive by having low overheads and costs, which allows them to innovate faster than larger competitors. The future of business is mobile-focused as mobile devices become more prevalent. Industries like retail are being disrupted by digital natives that operate with fewer resources but take advantage of the mobile revolution. Niche businesses also have power if they can attract a dedicated audience through relevant content.