Financing a business



Startmate’s Ninja Blocks raises $1 million on three-week US tour

7:00AM | Monday, 16 July 2012 | Michelle Hammond

Startmate participant Ninja Blocks will return to Australia with very full pockets after securing $1 million from a group of high-profile investors, most of whom are US-based Australians.

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

Buffett awards Berkshire Hathaway stock to young entrepreneurs

7:05PM | Monday, 16 July 2012 | Oliver Milman

Billionaire speculator Warren Buffett has given away $13,000 worth of highly-prized shares in his company, Berkshire Hathaway, to a group of budding entrepreneurs aged under 16.

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

Snooze latest to offer vendor finance to franchisees

7:33PM | Thursday, 12 July 2012 | Michelle Hammond

Bedding retailer Snooze has become the latest franchise to offer vendor finance for its franchisees, following in the footsteps of the likes of Baker’s Delight.

 | Franchising  | Becoming a franchisee  | Financing a business  | Venture Capital

Five key ways to reduce your business’ energy bills

7:12PM | Thursday, 12 July 2012 | Oliver Milman

The carbon tax is here, along with the opportunity to slash your tax bill by becoming more energy efficient. Here are five great ways to slash your energy bills, along with your carbon footprint. BY OLIVER MILMAN.

 | Planning  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Tax

Consumer sentiment up 3.7% as rate cuts make their mark

7:57PM | Wednesday, 11 July 2012 | Michelle Hammond

The Westpac–Melbourne Institute Index of Consumer Sentiment increased by 3.7% in July, suggesting the spate of interest rate cuts is finally having an impact on household spending.

 | Planning  | Business planning  | Financing a business  | Cashflow

Shopify launches $200,000 Build-A-Business competition

7:47PM | Wednesday, 11 July 2012 | Michelle Hammond

Shopify has launched its annual Build-A-Business competition, offering $200,000 to winners, with Australian entrepreneurs expected to fare well following last year’s stellar performance.

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

GitHub raises $100 million after years of declining funding offers

7:32PM | Tuesday, 10 July 2012 | Michelle Hammond

US-based social coding start-up GitHub has finally raised its first round of funding after years of resistance, closing a $100 million funding round from venture capital firm Andreessen Horowitz.

 | Financing a business  | Venture Capital  | Technology

UK start-up opens up real-money gambling to app developers

7:15PM | Tuesday, 10 July 2012 | Michelle Hammond

A UK-based start-up is introducing a platform that will allow developers to add real-money gambling into their apps, insisting the platform can be used by developers everywhere.

 | Financing a business  | Cashflow  | Technology

The rise of Queensland’s tech start-up scene

7:59PM | Tuesday, 10 July 2012 | Michelle Hammond

Queensland has historically been known for its beaches, theme parks and State of Origin dominance. In more recent times, the Sunshine State has also become known as a major technology start-up hub. BY MICHELLE HAMMOND.

 | Planning  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Technology  | Social media

Darrell Lea placed in administration as competitors steal market share

7:16PM | Tuesday, 10 July 2012 | Patrick Stafford

The trend towards high-end chocolatiers and chocolate cafés has finally got the better of industry stalwart Darrell Lea, which has been placed in voluntary administration after nearly 85 years.

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

Green start-ups targeted by new $200 million innovation fund

7:49PM | Monday, 9 July 2012 | Michelle Hammond

Green start-ups are becoming increasingly spoilt for choice with regard to funding programs, following the launch of the $200 million Clean Technology Innovation Program.

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

Company collapses imperil independent subcontractors

7:37PM | Monday, 9 July 2012 | Michelle Hammond

A debt recovery specialist has highlighted the perils of operating as a subcontractor, particularly in the construction industry, in light of the recent collapses of various construction companies.

 | Legal matters  | Financing a business  | Cashflow  | Leadership

Retail body calls for penalty rates to be halved in Fair Work review

7:22PM | Monday, 9 July 2012 | Michelle Hammond

Retailers are calling for penalty rates to be halved, as part of a Fair Work Australia review, with a leading industry group insisting retailers simply can’t afford to pay staff more.

 | Legal matters  | Financing a business  | Cashflow  | Leadership

Five industries set to fly in 2012-13 and five set to flounder

7:45PM | Monday, 9 July 2012 | Karen Dobie

If you’re about to launch a business, it’s essential to know how your sector is expected to perform this financial year. Here are five sectors you should start-up in, and five that you should think twice about. BY KAREN DOBIE.

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

Learning to listen

7:26PM | Monday, 9 July 2012 | Nina Hendy

The social media age has empowered consumers to share their experiences like never before. Here's how to harness customer feedback in a way that will boost, rather than sink, your business. BY NINA HENDY.

 | Planning  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Cashflow  | Leadership

Nearly half of businesses bracing for “bad times”, research reveals

7:30PM | Friday, 6 July 2012 | Michelle Hammond

Business confidence remained relatively steady in June, Roy Morgan research reveals, but nearly half of businesses believe Australia will face “bad times” economically over the next 12 months.

 | Planning  | Business planning  | Financing a business  | Cashflow

12 key things investors look for in web start-ups

7:04PM | Friday, 6 July 2012 | Oliver Milman

The collapse of online retailer Shooii, after they failed to find a “cornerstone investor”, has been a stark reminder of the importance of cashflow. If you’re starting up online, it’s essential to know the 12 key things potential investors are looking for. BY OLIVER MILMAN.

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

ASSOB not to blame for Shooii’s financial woes, chief insists

7:30PM | Thursday, 5 July 2012 | Michelle Hammond

The chief executive of the Australian Small Scale Offerings Board denies the funding platform failed Shooii, following news that the online shoe retailer has been placed in administration.

 | Planning  | Business planning  | Financing a business  | Cashflow

Retail start-up Shooii in administration just months after launch

7:00AM | Thursday, 5 July 2012 | Michelle Hammond

Niche online shoe retailer Shooii has plunged into administration, despite only launching in March this year, with a lack of outside investment blamed for the company's woes.

 | Financing a business  | Cashflow  | Technology  | Websites

"Let the carbon tax take the blame": Brumby's busted blaming price rises on carbon tax

7:48PM | Wednesday, 4 July 2012 | Patrick Stafford

Bakery franchise Brumby’s has been caught red-handed attempting to blame price rises on the carbon tax, after a letter sent by the company to franchisees was leaked.

 | Cashflow  | Tax