Financing a business



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.

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

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.

 | Financing a business  | Venture Capital  | Technology

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.

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

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.

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

$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.

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

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.

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

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.

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

Small business sales up almost 5% as household stimulus kicks in

8:11PM | Wednesday, 22 August 2012 | Michelle Hammond

Small business sales rose by almost 5% year-on-year in July and by 3.8% over the year to the three months to July, with assistance for households as part of the carbon tax package a main driver, according to a new report

 | Planning  | Business planning  | Financing a business  | Cashflow

Female “corporate refugees” suffering from start-up wage drought: Report

8:00AM | Wednesday, 22 August 2012 | Michelle Hammond

The Australian Women Chamber of Commerce & Industry is calling for a mandate to ensure female business owners have access to government contracts, claiming more than half are unable to pay themselves a wage after they start-up.

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Creditors crack down on debt as insolvency level dips

8:01PM | Tuesday, 21 August 2012 | Michelle Hammond

Small businesses have been warned that creditors are coming down hard on outstanding payments and bad debt, following the release of figures that showed an easing in the number of company collapses.

 | Planning  | Business planning  | Financing a business  | Cashflow

ATO watchman flags review of audit “risk engines”

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

Small businesses have been urged to keep on top of their tax record keeping, after the Inspector-General of Taxation raised concerns about the way taxpayers are selected for audits.

 | Planning  | Business planning  | Financing a business  | Tax

Eftpos hits out at Visa, Mastercard over payment processing

8:19PM | Monday, 20 August 2012 | Michelle Hammond

Eftpos Australia has applauded a move by the RBA Payments System Board, which has raised concerns about multi-network debit cards, and is calling for a voluntary agreement on the issue.

 | Legal matters  | Financing a business  | Cashflow  | Leadership

Business sales slide in July as consumers rein in their spending

8:15PM | Monday, 20 August 2012 | Michelle Hammond

The Commonwealth Bank Business Sales Indicator fell 5.4% in seasonally adjusted terms in July, while another survey shows the small business sector has become increasingly pessimistic about the economy.

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

ANZ Innovyz START gets a second year as this year’s class graduates

8:00AM | Friday, 17 August 2012 | Cara Waters

The ANZ Innovyz START accelerator program, the Adelaide-based start-up program that's based on the US incubator TechStars, was confirmed for another year at the graduation of the program’s inaugural class.

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

Audit reveals 50% of Victorian businesses awarded government grants failed to meet grant criteria

8:43PM | Thursday, 16 August 2012 | Cara Waters

The Victorian Auditor-General's report into government grants says there needs to be more emphasis on business innovation.

 | Legal matters  | Financing a business  | Venture Capital  | Leadership

Directors still bear burden of proof in tax liability laws after new draft of bill

8:33PM | Thursday, 16 August 2012 | Patrick Stafford

Company directors are being advised to pay tax debts sooner rather than later.

 | Legal matters  | Financing a business  | Tax  | Leadership

11 simple ways to boost your profit levels

8:20PM | Thursday, 16 August 2012 | Oliver Milman

With business criticisms of government mounting, start-ups are taking the initiative to boost profits without outside help. Here are 11 key ways you can grow your own profits. BY OLIVER MILMAN.

 | Financing a business  | Cashflow  | Leadership