Financing a business



ANZ lauds business services as “story of the year”

1:08PM | Monday, 21 January 2013 | Michelle Hammond

Small business sales rose 2.8% over the year to the December quarter, according to ANZ’s latest Small Business Sales Trends report, with business services described as “the story of the year”.

Planning  | Business planning  | Financing a business  | Cashflow

Start-ups urged to “sit out” of R&D program amid red tape concerns

1:05PM | Monday, 21 January 2013 | Michelle Hammond

The government’s R&D Tax Incentive has attracted claims of excessive red tape, with one tax expert suggesting start-ups “sit out” until the recordkeeping requirements are made much clearer.

 | Legal matters  | Financing a business  | Tax  | Leadership

Academic names worst CEOs of 2012 – five lessons for start-ups

1:01PM | Monday, 21 January 2013 | Michelle Hammond

Start-up founders looking to avoid being labelled a bad chief executive should heed the advice of US university professor Sydney Finkelstein, who has compiled a list of the worst CEOs of 2012.

 | Financing a business  | Cashflow  | Leadership  | Managing people  | Sole trader

Startup Weekend winner among latest Innovyz START participants

1:12PM | Friday, 18 January 2013 | Michelle Hammond

A former winner of Startup Weekend is among the 10 ventures selected to take part in the second ANZ Innovyz START program, which is once again dominated by Adelaide-based start-ups.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Sole trader

Eyewear start-up unfazed by sombre industry forecast

1:00PM | Friday, 18 January 2013 | Michelle Hammond

Australia’s optometry and optical dispensing industry is expected to grow just 0.4% in 2012-13, according to an IBISWorld report, but online eyewear retailer Sneaking Duck says it isn’t worried.

 | Planning  | Business planning  | Financing a business  | Cashflow

River City Labs founder backs new Brisbane games accelerator

1:53PM | Friday, 18 January 2013 | Michelle Hammond

A new mobile games accelerator has launched in Brisbane and is now open for applications, with successful teams set to receive up to $50,000 each in addition to office space and mentorship.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Optus Innov8 start-up program opens applications for second season

1:51PM | Thursday, 17 January 2013 | Michelle Hammond

The Optus Innov8 Seed Program has opened applications for its second season following the success of the inaugural round in 2012, which saw two start-ups secure a total of $700,000.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Shoes of Prey founder flags share option woes for start-ups

1:00PM | Thursday, 17 January 2013 | Michelle Hammond

Serial entrepreneur and StartupSmart mentor Michael Fox has outlined problems with employee share option plans (ESOPs) for start-ups, after being invited to meet with the federal government.

 | Legal matters  | Financing a business  | Tax  | Leadership  | How to hire staff

Aussie coffee start-up Harris+Hoole under fire over Tesco investment

1:58PM | Wednesday, 16 January 2013 | Michelle Hammond

A trio of London-based Australian entrepreneurs has been forced to defend its coffee shop start-up Harris+Hoole for giving the image of an independent chain while being part-owned by UK retail giant Tesco.

 | Growth  | Financing a business  | Venture Capital  | Business advice and education

Gold Coast looks to boost innovation credentials with angel conference

1:37PM | Wednesday, 16 January 2013 | Michelle Hammond

Representatives from the world’s largest angel investor groups will attend a conference on the Gold Coast next month, as the Queensland city attempts to reposition itself as an innovation hub.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital

AngelPad seeks applications following start-up success in 2012

1:45PM | Tuesday, 15 January 2013 | Michelle Hammond

US-based incubator AngelPad is accepting applications from around the world for its next round, after revealing the 62 start-ups it backed in 2012 raised a total of $56 million.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Seven top tips to boosting your business in 2013

1:46PM | Tuesday, 15 January 2013 | Michelle Hammond

MYOB has outlined seven steps start-ups should take to boost their business in 2013, after revealing more than half of small businesses hope to improve systems and processes this year.

 | Planning  | Business planning  | Financing a business  | Cashflow

Newly launched fund KidderApp to back developers with ‘great ideas’

1:12PM | Monday, 14 January 2013 | Michelle Hammond

Newly launched investment fund KidderApp plans to provide a combination of financial backing and mentoring to mobile app developers, who could receive anything from $5,000 to $5 million in investment.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Incubator start-ups outgunning co-working counterparts: Study

1:00AM | Monday, 14 January 2013 | Michelle Hammond

Australian start-ups located in incubators raise an average $175,379 more in funding than those located in co-working spaces, according to new data from Perth-based research start-up Floq.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Sole trader

Melbourne insulin innovation set for global rollout

1:21PM | Friday, 11 January 2013 | Michelle Hammond

Australia’s oldest medical research institute has applauded efforts to turn Melbourne into a biotech hub after making a landmark insulin discovery, set to be commercialised overseas.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | How I did it

Indigenous-owned social start-ups set to flourish via new fund

1:17PM | Friday, 11 January 2013 | Michelle Hammond

Government-backed organisation Indigenous Business Australia is looking for an organisation to establish and manage a new source of funding for indigenous social enterprise start-ups.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Retailers rejoice over extended trading after November sales slide

1:01PM | Thursday, 10 January 2013 | Michelle Hammond

New retail sales figures show sales slid by 0.1% in November, but the December figures could see a significant turnaround.

 | Growth  | Growth Strategy  | Financing a business  | Cashflow  | Sole trader

Pebble to start shipping ‘smartwatch’ after raising $15 million

1:56PM | Thursday, 10 January 2013 | Michelle Hammond

US-based start-up Pebble has confirmed it will begin shipping its ‘smartwatch’ on January 23, eight months after it smashed its $100,000 Kickstarter goal and raised more than $15 million.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | How I did it

US VC funds raised $20.6 billion in 2012 – but what slice did Aussie start-ups take?

1:21PM | Tuesday, 8 January 2013 | Michelle Hammond

Venture capital firms in the United States raised $20.6 billion from 182 funds in 2012, new figures show, with Australian start-ups among those that benefited from the surge in investment cash.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Energy software accelerator to Surge ahead with $1.2 million

1:08PM | Tuesday, 8 January 2013 | Michelle Hammond

A US-based energy software accelerator is considering late applications for its second class of companies, chosen from around the world, after raising $1.2 million in an equity offering.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital