Financing a business



Banks lag on passing interest rate cuts to start-ups

10:37PM | Monday, 8 October 2012 | Patrick Stafford

Start-ups are receiving mixed messages from the major banks about whether they'll receive recent RBA rate cuts.

Financing a business  | Venture Capital  | Cashflow  | Tax

Gillard urged to help create 'Silicon Beach' for Australian tech businesses

10:38AM | Monday, 8 October 2012 | Oliver Milman

The tech sector has told the Federal Government that regulations need to change if Australia wants to have its own Silicon Valley.

 | Planning  | Business planning  | Legal matters  | Financing a business  | Tax  | Technology  | Websites  | Leadership  | Sole trader

Tax watchdog calls for improvements to ATO’s audit processes

10:54PM | Friday, 5 October 2012 | Michelle Hammond

The tax watchdog wants the Tax Office to improve its audit processes, after the ATO wrongly investigated almost 6,000 small business owners as part of a crackdown on the cash economy.

 | Legal matters  | Financing a business  | Tax  | Leadership

Facebook hits 1 billion users – but what about revenue?

10:50PM | Friday, 5 October 2012 | Michelle Hammond

More than one billion people now use Facebook each month, it’s been confirmed, but concerns remain around the site’s revenue.

 | Financing a business  | Cashflow  | Technology  | Social media  | Websites

Time and cost of red tape on small businesses spiralling: Report

10:23PM | Friday, 5 October 2012 | Oliver Milman

Nearly three quarters of Australian small businesses spend longer complying with regulations than they did two years ago, according to a new study.

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Startmate doubles investment to $50,000 for 2013 program

10:00AM | Friday, 5 October 2012 | Michelle Hammond

Incubator program Startmate will return with a vengeance in 2013, doubling its investment to $50,000 per start-up and extending the program to five months, two of which will be spent in Silicon Valley.

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

Social Startup 48 winner hunts $1 million via crowdfunding

10:06PM | Thursday, 4 October 2012 | Oliver Milman

A Melbourne entrepreneur has launched a campaign to raise $1 million in funding for a recycling project that won the recent Social Startup 48 event.

 | Planning  | Business planning  | Financing a business  | Venture Capital

Reserve Bank cuts cash rate to 3.25% as 2013 outlook weakens

10:03PM | Tuesday, 2 October 2012 | Michelle Hammond

The Reserve Bank has lowered the official interest rate by 25 basis points, admitting the growth outlook for next year looks “a little weaker” on the back of international developments.

 | Planning  | Business planning  | Financing a business  | Cashflow

iPledg rolls out record $1.2 million crowdfunding campaign

10:00PM | Tuesday, 2 October 2012 | Michelle Hammond

An events management and marketing company has launched Australia’s largest ever crowdfunding campaign, attempting to raise $1.2 million on iPledg.

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

TV mogul Simon Cowell to launch X Factor-style series for start-ups

10:52PM | Tuesday, 2 October 2012 | Michelle Hammond

A prominent Australian entrepreneur has called for a domestic television series on start-ups, following TV mogul Simon Cowell’s launch of an X Factor-inspired show for tech entrepreneurs in the UK.

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

Eagle Boys franchisee fined $30,000 for underpaying staff, lack of experience blamed

10:19PM | Tuesday, 2 October 2012 | Patrick Stafford

Business inexperience rather than malice led to underpayment of employees by a NSW pizza franchisee.

 | Legal matters  | Financing a business  | Cashflow  | Leadership  | Managing people  | How to hire staff

Banker by day – start-up investor by night

10:54PM | Tuesday, 2 October 2012 | Oliver Milman

Nick Reade is balancing his role as general manager of small business banking at ANZ with investments in start-ups. In his own words, here’s how he manages it. BY OLIVER MILMAN.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Leadership  | Managing people

How we raised thousands via crowdfunding

10:32PM | Monday, 1 October 2012 | Oliver Milman

A growing number of Australian entrepreneurs are raising capital through crowdfunding websites. Here’s a look at some local entrepreneurs who have raised thousands. BY OLIVER MILMAN.

 | Planning  | Business planning  | Financing a business  | Venture Capital  | Cashflow  | Technology  | Websites

Inspire9 to host crowdfunding crash course

10:55PM | Monday, 1 October 2012 | Michelle Hammond

Start-ups have an opportunity to learn the secrets of successful crowdfunding campaigns at an event next month, as the method grows in popularity as a way to raise finance.

 | Planning  | Business planning  | Financing a business  | Venture Capital  | Sole trader

Seek co-founder Paul Bassat sets up new private equity venture

10:48PM | Monday, 1 October 2012 | Michelle Hammond

Seek co-founder Paul Bassat has flagged his intention to do private equity deals in the media and technology sectors, having already set up an early stage investment fund earlier this year.

 | Growth  | Financing a business  | Venture Capital  | How I did it

Less than 20% of small firms conduct credit checks: Report

10:42PM | Monday, 1 October 2012 | Michelle Hammond

More than 80% of small business decision-makers have experienced cashflow issues in the past year, according to a new survey, but only 17% conduct credit checks on new customers.

 | Planning  | Business planning  | Financing a business  | Cashflow  | Sole trader

Victorian council offers $10,000 start-up grants – but what are other councils doing?

10:26PM | Monday, 1 October 2012 | Michelle Hammond

A city council in Victoria is offering start-ups grants of up to $10,000 in a bid to boost the region’s business sector, as councils across the country ramp up their support for start-ups.

 | Planning  | Business planning  | Financing a business  | Venture Capital  | Business Grants

Taxes grind Bean Bar into liquidation as franchisees continue brewing

9:52PM | Friday, 28 September 2012 | Cara Waters

A liquidator has been appointed to the company behind the Bean Bar coffee shop franchise.

 | Growth  | Growth Strategy  | Buy a business  | Sell a business  | Franchising  | Financing a business  | Venture Capital  | Cashflow  | Tax

VC cash flowing to apps rather than telco networks: Report

9:52PM | Thursday, 27 September 2012 | Michelle Hammond

Venture capital firms are too focused on funding “network users” such as mobile apps rather than the networks themselves, according to a new report.

 | Financing a business  | Venture Capital  | Technology

Woolworths sells Dick Smith for a bargain basement price

9:32PM | Thursday, 27 September 2012 | Cara Waters

Woolworths has offloaded non-core retail chain Dick Smith to a private equity firm.

 | Growth  | Buy a business  | Sell a business  | Financing a business  | Venture Capital