Financing a business



Retailers counting on Christmas to boost sales: Report

9:49PM | Monday, 3 September 2012 | Michelle Hammond

Retailers are counting on Christmas to boost their sales, with the latest Dun & Bradstreet report showing sales expectations for the December quarter are 26 points above the 10-year average.

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Small group buying sites told to “hold on and sit tight”

9:46PM | Monday, 3 September 2012 | Michelle Hammond

Small players in the Australian group buying market need to “hold on and sit tight”, an expert says, after a report revealed consumer spending has fallen for the third consecutive quarter.

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Eastern states' start-up numbers leap as WA lags: Report

9:00AM | Monday, 3 September 2012 | Michelle Hammond

Almost 6% of all Australian businesses launched during the past 12 months, with the eastern states outshining boom state Western Australia in terms of new enterprises, according to data intelligence company Veda.

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Consumers aged 30-50 dominating online spending: Report

8:18PM | Friday, 31 August 2012 | Michelle Hammond

Consumers in their 30s and 40s continue to be the strongest age group for online sales, according to NAB’s latest Online Retail Sales Index, which also shows a surge in regional spending.

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Start-ups tipped to suffer as government flags grants freeze

8:25PM | Thursday, 30 August 2012 | Michelle Hammond

There are fears that the Federal Government is to axe grants used to support Australian start-up innovation as the Treasury searches for billions of dollars in budgetary savings.

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Troubled Ghermez Cupcakes will battle on, founder insists

8:20PM | Thursday, 30 August 2012 | Michelle Hammond

The founder of four-year-old cupcake chain Ghermez Cupcakes insists the business has not collapsed and will continue to trade, following the appointment of liquidators and the closure of one of its stores.

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$50 million investment a major boon for Delivery Hero Australia

8:47PM | Wednesday, 29 August 2012 | Michelle Hammond

The parent company of Delivery Hero Australia has raised $50 million in an investment round led by Kite Ventures, less than a year after the global food delivery service launched locally.

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Start-ups warned over staff equity tax drawback

8:16PM | Wednesday, 29 August 2012 | Michelle Hammond

An expert has issued some advice to start-ups who plan to offer stock options to employees, after players in the technology industry highlighted the drawbacks of Employee Share Option Plans.

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Part-time businesses hit record high as uncertainty takes its toll

8:00AM | Wednesday, 29 August 2012 | Joanne Koh

Economic uncertainty has seen a sharp spike in businesses started on the side, with part-time enterprise numbers hitting a decade-long high and full-time ventures taking a dip, according to a new report.

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Start-up accelerator Innovyz set to hit the road

8:45PM | Tuesday, 28 August 2012 | Oliver Milman

Adelaide-based start-up accelerator ANZ Innovyz START will hit the road in November by holding a series of intensive three-day workshops for early-stage ventures in each of Australia’s major capital cities.

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SAP Startup Forum launches locally amid $155 million funding pool

8:52PM | Tuesday, 28 August 2012 | Michelle Hammond

Local software start-ups are being encouraged to register for Australia’s first-ever SAP Startup Forum, linked to venture capital arm SAP Ventures, which recently announced US$155 million in new funding.

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Canberra start-ups get funding but connections still lacking

8:48PM | Tuesday, 28 August 2012 | Michelle Hammond

Five Canberra-based start-ups have received $170,000 in government grants to develop their products and services, but a local player says Canberra’s start-up scene still has a long way to go.

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Top 10 lies entrepreneurs tell potential investors

8:12PM | Tuesday, 28 August 2012 | David Brown

Investors are used to entrepreneurs stretching the truth while pitching for capital. Here are 10 common lies investors hear, and what entrepreneurs really mean. BY DAVID BROWN.

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$100,000 grants up for grabs for carbon-cutting innovation

8:20PM | Monday, 27 August 2012 | Michelle Hammond

Carbon-conscious start-ups have been targeted by GE’s new Ecomagination Challenge, which will see five winners awarded $100,000 cash, and a potential capital pledge of up to $10 million.

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Building and telco sectors set to lead post-mining surge: Report

8:00AM | Monday, 27 August 2012 | Michelle Hammond

The building and telecommunications industries are expected to pick up in the next few years as the mining sector slows, although other businesses are set to struggle, according to a new report.

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Government to consider ways of cutting global roaming changes

8:58PM | Thursday, 23 August 2012 | Michelle Hammond

The Federal Government will consider ways of cutting global roaming charges, which would potentially benefit Australian start-ups doing business overseas, amid soaring complaints over large bills.

 | Financing a business  | Technology

Australia “off the radar” for US tech investment: Rackspace chief

8:21PM | Thursday, 23 August 2012 | Michelle Hammond

The local head of US hosting giant Rackspace has risked provoking indignation among start-ups for claiming that Australia is “off the radar” of US technology firms investing in overseas markets.

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Y Combinator warns of funding woes after unveiling latest start-up batch

8:26PM | Wednesday, 22 August 2012 | Michelle Hammond

The founder of Y Combinator says venture capitalists are becoming increasingly selective about the start-ups they fund, after revealing the latest batch of the accelerator’s start-ups.

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Perth firm picks up $1 million grant to combat diabetic kidney disease

8:20PM | Wednesday, 22 August 2012 | Michelle Hammond

A Perth specialist life science company will use a $1 million grant from Commercialisation Australia to develop biomarkers for diabetic kidney disease, which can kill up to 56 million people a year.

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