Finance
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Finance ideas, advice, news and tips from Australia's best business start-up mentors and journalists. StartupSmart's finance section features information and advice for business start-ups and people looking to start a business. |
Thursday, 23 February 2012
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There’s a range of things you can insure your business against and seemingly even more firms that are prepared to provide that insurance.
Thursday, 23 February 2012
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Small businesses’ only insurance obligation is to provide work cover for their employees, to guard against injury or death claims.
Thursday, 23 February 2012
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In the early stages of a business formation, extra costs need to be considered carefully but it’s safe to say that you’ll need an accountant at some point.
Thursday, 23 February 2012
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Being mindful of the deadlines that are imposed upon you by the Australian Tax Office (ATO) is a simple but effective way of reducing your risk of falling foul of the tax man.
Thursday, 23 February 2012
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The rate of tax you will have to pay as a business will fluctuate from year to year, but there are some basics you will need to be aware of in terms of your liability.
Thursday, 23 February 2012
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Michelle Hammond
Land travel marketplace Jayride.com has secured $400,000 in funding from local investors, including angel investor Andrey Shirben, as it prepares to crack the UK market.
Wednesday, 22 February 2012
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Michelle Hammond
Australians have the highest consumer confidence of all developed nations, new research shows, with more people spending money on home improvements, decorating or new technology.
Wednesday, 22 February 2012
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Michelle Hammond
Australian consumers are choosing to catch up over a coffee rather than drinks at the pub, new research reveals.
Wednesday, 22 February 2012
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Michelle Hammond
Less than 15% of Australian business leaders consider themselves stressed, new research shows, as the latest National Australian Bank survey reveals improved confidence in the December quarter.
Wednesday, 22 February 2012
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Michelle Hammond
AngelCube graduate Goodfil.ms has raised $150,000 from a host of investors sourced through Aurelius Digital and AngelCube itself, but hasn’t ruled out looking overseas for further funding.
Tuesday, 21 February 2012
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Michelle Hammond
The number of new start-ups fell by a whopping 95% over the last 12 months, according to the latest Dun & Bradstreet report, as record numbers of small businesses continue to go bankrupt.
Tuesday, 21 February 2012
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Michelle Hammond
AngelCube, the Melbourne-based incubator, will open applications for its second round of start-ups tomorrow, increasing its intake to eight teams, with a special interest in marketplace concepts and software-as-a-service.
Tuesday, 21 February 2012
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Oliver Milman
Thereitis.com, an Adelaide-based tech start-up, has secured $2 million in angel funding from local investors, as the business gears up for rapid expansion across the globe.
Tuesday, 21 February 2012
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Michelle Hammond
The small business sector is continuing to lose confidence in the economy, according to the Australian Chamber of Commerce and Industry, as it calls for changes to unfair dismissal laws.
Tuesday, 21 February 2012
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Michelle Hammond
Retail rents are expected to remain stable in 2012, according to Colliers International, despite store closures by major retailers including Dick Smith, Billabong and Specialty Fashion.
Monday, 20 February 2012
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Michelle Hammond
Australian retail spending rose by 0.6% in trend terms in January, according to the Commonwealth Bank Business Sales Indicator, after 0.7% gains in November and December.
Monday, 20 February 2012
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Michelle Hammond
The Australian Taxation Office is expecting 12,500 complaints this year about micro employers failing to pay employees’ superannuation, amid proposed laws to crack down on the issue.
Friday, 17 February 2012
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Michelle Hammond
A US-based start-up is planning to open thirty stores on the same date and at the same time, using crowdfunding to finance the rapid expansion, suggesting start-ups here can do the same.
Friday, 17 February 2012
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Madeleine Heffernan
Under-pressure surfwear chain Billabong International has emerged from a trading halt to play hardball on a private equity offer and deliver a wide-ranging plan to cut costs.
Thursday, 16 February 2012
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Oliver Milman
Investment firm CVC Ltd has launched a search for tech start-ups to acquire, with plans to plough between $100,000 to $5 million into suitable ventures.
Thursday, 16 February 2012
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Michelle Hammond
Australian start-ups suffer from a conservative approach by investors, rather than a lack of funds, industry experts have claimed, as they prepare to speak at the National Angel Conference.
Thursday, 16 February 2012
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Michelle Hammond
The Australian Taxation Office has issued a strong warning to accountants and clients who filed returns in 2010 under the Personal Services Income provisions, warning them of random audits.
Wednesday, 15 February 2012
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Michelle Hammond
Consumer confidence increased by 4.2% in February, according to the Westpac-Melbourne Institute Index of Consumer Sentiment, but the index is still 5.2% below the level of a year ago.
Tuesday, 14 February 2012
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Michelle Hammond
An Australian tech entrepreneur has sung the praises of US-based crowdfunding platform Kickstarter, after his start-up Ninja Blocks smashed its $24,000 target in just one weekend.
Tuesday, 14 February 2012
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Michelle Hammond
Salary expectations are a growing source of tension between employers and employees, according to a new report, with two-thirds of employees believing they deserve a pay rise.
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