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August 2010

How can I secure funding from a business angel or venture capitalist?

8:22AM | Monday, 30 August 2010 | By Oliver Milman Although banks still provide the bulk of start-up funding in Australia, there is a thriving angel investor and venture capital market that is suitable for certain types of companies.

How can I get a loan from my bank?

8:22AM | Monday, 30 August 2010 | By Oliver Milman Banks strive to paint themselves as an ally of Australian entrepreneurialism and every major bank will have a dedicated small business unit.

Can I sell my franchise?

8:22AM | Monday, 30 August 2010 | By Oliver Milman If you have had enough of being a franchisee, you can sell the business on, but don’t be under any illusions over how easy it will be.

What are my rights as a franchisee?

8:22AM | Monday, 30 August 2010 | By Oliver Milman The exact terms of your tenure as a franchisee will be laid out in a contract, but there are several regulatory requirements that apply to all franchises.

What type of franchise is right for me?

8:22AM | Monday, 30 August 2010 | By Oliver Milman Finding the right franchise for you is a process that should marry up with what you’re passionate about and what you can afford.

What are the disadvantages of buying a franchise?

8:22AM | Monday, 30 August 2010 | By Oliver Milman The reasons that make a franchise so attractive to some can prove to be a turn-off to others. Being a franchisee requires a certain type of mindset and personality.

What are the advantages of buying a franchise?

8:22AM | Monday, 30 August 2010 | By Oliver Milman The unofficial motto of the franchise industry is that franchisees are in business “for themselves but not by themselves”. This saying perhaps sums up the greatest strength of franchising.

What are the pros and cons of being a young entrepreneur?

8:22AM | Monday, 30 August 2010 | By James Thomson Entrepreneurs come in all shapes, sizes and ages, but young entrepreneurs face their own challenges.

How do I start up while at university?

8:22AM | Monday, 30 August 2010 | By James Thomson Starting a business while studying at university can be a great way to test what you learn in the classroom in a real-world environment.

How do I commercialise a new product?

8:22AM | Monday, 30 August 2010 | By James Thomson The process of commercialising a new product or idea is a long and potentially difficult one. Entrepreneurs generally requite patience, support and money to see an idea through to market.
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