Financing a business



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

Government mulls measures to ease SME bank funding woes

9:00AM | Thursday, 27 September 2012 | Oliver Milman

Federal small business minister Brendan O’Connor has said that the government is analysing overseas examples to find a solution to the funding problems faced by small businesses at the hands of Australia’s “risk adverse” banks.

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GoFundMe to ramp up crowdfunding battle with rival Kickstarter

9:21PM | Wednesday, 26 September 2012 | Michelle Hammond

US-based crowdfunding platform GoFundMe is looking to accelerate its growth with a new partner program, amid reports it is currently raising about $3 million in campaigns every month.

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

Young entrepreneurs trump older bosses in profit stakes: Report

9:30PM | Tuesday, 25 September 2012 | Michelle Hammond

Companies run by young entrepreneurs are more likely to make a profit than those run by older business owners, new research shows, although a lack of industry knowledge remains a major roadblock for tyros.

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

UniQuest clean tech start-up Brisbane Materials snags $5 million

9:50PM | Tuesday, 25 September 2012 | Michelle Hammond

Clean tech start-up Brisbane Materials, which has emerged from research commercialisation firm UniQuest, has closed a $5 million Series A funding round as it seeks to scale up its R&D, manufacturing and marketing both domestically and overseas.

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Debt-ridden UK to spend billions on start-up lending

9:39PM | Tuesday, 25 September 2012 | Oliver Milman

The UK government has pledged to create a bank for small business lending, despite predictions the country could be set for a bigger budget deficit than Greece or Spain next year.

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

Sydney Uni’s student union launches start-up program Incubate

9:00AM | Tuesday, 25 September 2012 | Michelle Hammond

The University of Sydney Union has launched a development program in the hope of identifying high-potential start-ups on campus, securing entrepreneur Matt Barrie as a mentor.

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

Start-up gathering TiECON Sydney launches “25 words or less” comp

9:51PM | Monday, 24 September 2012 | Michelle Hammond

Entrepreneurial convention TiECon Sydney has launched a “25 words or less” competition, offering the winner a two-hour timeslot at its conference, as Australian start-ups vie for prizes in increasingly unusual ways.

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

Top five tips to get into a US start-up accelerator

9:20PM | Monday, 24 September 2012 | Oliver Milman

While the number of Australian accelerators continues to grow, the US still remains the “major league” for start-ups. Here are five tips to help you get into an American accelerator. BY OLIVER MILMAN.

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

US start-up kicked off Kickstarter following IP infringement claims

9:19PM | Friday, 21 September 2012 | Michelle Hammond

A US start-up accused of intellectual property infringement says it was kicked off Kickstarter just 10 hours before its campaign was due to end, highlighting the potential risks of crowdfunding.

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

Five great online courses for start-ups

9:13PM | Friday, 21 September 2012 | Oliver Milman

Time and cost used to be major barriers to people studying. Thankfully, many business courses are now available online for free. Here are five of the best. BY OLIVER MILMAN.

 | Planning  | Business ideas  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Leadership

Time and cost of tax compliance has ballooned since 1995: Report

9:40PM | Thursday, 20 September 2012 | Michelle Hammond

Australia’s tax system has been labelled too complex, after a new report revealed the time spent on tax compliance has increased fourfold in 17 years.

 | Legal matters  | Financing a business  | Tax  | Leadership

Test your budgeting ability

9:21PM | Thursday, 20 September 2012 | Taskmaster

Marc Peskett is absolutely correct. You must constantly review your financial performance, instead of putting it off until your annual budget.

 | Financing a business  | Venture Capital  | Cashflow  | Leadership

Consumer goods retailers set for tough year ahead: Report

9:58PM | Wednesday, 19 September 2012 | Michelle Hammond

Consumer goods retailers can expect revenue to decline by 0.6% in 2012-13, according to a new IBISWorld report.

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

Five questions you should be able to answer

9:58PM | Wednesday, 19 September 2012 | Marc Peskett

Do you have a clear idea of who you are, what you do and why you do it? If you want your business to succeed, here are five questions you should be able to answer. BY MARC PESKETT.

 | Financing a business  | Venture Capital  | Leadership  | Blogs  | Marc Peskett

Veterinary start-up Nexvet seals $2.5 million seed round

9:00AM | Wednesday, 19 September 2012 | Michelle Hammond

An Australian veterinary medicine developer will use fresh funds to accelerate the clinical and business development of its drug portfolio, after completing a $2.5 million seed funding round.

 | Venture Capital  | Cashflow

QUT Creative Enterprise Australia launches $150,000 start-up fund

9:00AM | Tuesday, 18 September 2012 | Michelle Hammond

Queensland University of Technology is offering entrepreneurs in the creative industries up to $150,000 to develop and launch their ideas through its commercial arm Creative Enterprise Australia.

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

Optus to sponsor co-working hub Fishburners for two more years

9:19PM | Monday, 17 September 2012 | Oliver Milman

Sydney co-working space Fishburners has extended its sponsorship deal with Optus, effectively ensuring that it remains viable for the next three years.

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