Financing a business



“I’ve suffered $1 million in losses”: Pie Face franchisee tells all

1:01PM | Tuesday, 8 January 2013 | Michelle Hammond

A group of Pie Face franchisees are preparing to sue the company for millions of dollars, with one franchisee alleging that undisclosed costs were a key factor in the underperformance of his stores.

Franchising  | Becoming a franchisee  | Financing a business  | Cashflow

Victoria revealed as the lowest taxing state for start-ups

1:24PM | Monday, 7 January 2013 | Cara Waters

The Institute of Public Affairs' State Business Tax Calculator reveals Victoria is the place to be for the lowest businesses taxes.

 | Financing a business  | Tax

Start-ups still waiting for government response on VC review

1:58PM | Monday, 7 January 2013 | Michelle Hammond

The federal government has delayed its response to a review into Australia’s venture capital industry, after previously indicating that it would outline its policy on the sector by the end of 2012.

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

SMEs offered $3,350 carrot in Kickstart apprentice program

1:54PM | Monday, 7 January 2013 | Michelle Hammond

Small businesses in the building and construction industries have until February 28 to take advantage of the federal government’s Kickstart program, which rewards employers with an additional $3,350 for taking on a new apprentice.

 | Financing a business  | Venture Capital  | Leadership  | How to hire staff

Tapit Media looks to global stage after raising $2.3 million

12:00AM | Monday, 24 December 2012 | Michelle Hammond

Sydney-based tech start-up Tapit Media plans to take its near field communications technology (NFC) to the global stage, after completing a $2.3 million Series A round led by MPC Ventures.

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

Businesses unfazed by surplus pledge backflip

12:31PM | Friday, 21 December 2012 | Michelle Hammond

Business groups have downplayed the Federal Government’s concession the budget is unlikely to return to surplus in 2012-13, with one group describing the move as “neither here nor there”.

 | Planning  | Business planning  | Financing a business  | Cashflow  | Tax

AMMA leverages success of one start-up to raise $1.5 million for another

12:00AM | Friday, 21 December 2012 | Michelle Hammond

Queensland-based firm AMMA Private Equity has launched a $1.5 million capital raising to fund a start-up that offers a voice and texting service to smartphone users who are out of credit.

 | Financing a business  | Venture Capital  | Technology

Failed start-ups should return funding, says local investor

12:44PM | Thursday, 20 December 2012 | Michelle Hammond

A failed Canadian start-up has turned heads after promising to return all remaining funding to its investors, with the move applauded by one local expert.

 | Financing a business  | Venture Capital  | Cashflow  | Leadership  | Managing people

Yellow Brick Road to fast-track growth following $7 million raise

12:40PM | Thursday, 20 December 2012 | Michelle Hammond

Independent mortgage lender Yellow Brick Road has raised $7 million to fast-track its growth strategy, including a new range of YBR-branded mortgage products through the franchise.

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

Wayne Swan dumps the surplus

12:52PM | Thursday, 20 December 2012 | Kath Walters and Myriam Robin

Federal Treasurer Wayne Swan at 2.15pm today announced the Federal Government will probably not achieve the promised budget surplus in the 2012/13 budget year.

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

Carbon tax has damaged eight in 10 retailers, industry body claims

12:00AM | Thursday, 20 December 2012 | Michelle Hammond

The carbon tax has been dragged into the spotlight once again, with a new survey by the peak retail body showing 80% of businesses say they have been negatively impacted by the tax.

 | Planning  | Business planning  | Financing a business  | Cashflow

Clothing retailers set for new year slowdown: Report

12:27PM | Wednesday, 19 December 2012 | Michelle Hammond

There will be no relief for Australian clothing retailers in the new year, according to a new IBISWorld report, which shows industry revenue is expected to contract by 1.4% in 2012-13.

 | Planning  | Business planning  | Financing a business  | Cashflow

Melbourne venture SelfWealth raises $1.6 million via ASSOB

12:00AM | Tuesday, 18 December 2012 | Michelle Hammond

Melbourne-based start-up SelfWealth has closed a $1.6 million capital raising via the Australian Small Scale Offerings Board, in what has been hailed as one of ASSOB’s most successful transactions.

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

How to safely scale your start-up in 2013

12:00PM | Monday, 17 December 2012 | Michael Fox

Are you thinking about growing your start-up next year? If so, there’s a secret to steadily securely growing your business. BY MICHAEL FOX.

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

AngelList set for $150 million valuation following fundraise

12:45PM | Monday, 17 December 2012 | Michelle Hammond

US-based platform AngelList is reportedly in the process of raising a major round of financing at a valuation that could top $150 million, with Google Ventures among the rumoured investors.

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

Innovate NSW to offer funding for ideas-rich start-ups

12:00AM | Monday, 17 December 2012 | Michelle Hammond

The NSW Government will introduce a $6.7 million initiative dubbed Innovate NSW, which will offer funding of up to $15,000 for around 250 businesses, as part of a wide-ranging plan to boost the state’s digital economy.

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

Ex-Jetstar boss Bruce Buchanan invests in Rocklive, becomes CEO

12:07PM | Friday, 14 December 2012 | Oliver Milman

Digital advertising venture Rocklive has appointed Bruce Buchanan, the former group chief executive of Jetstar, as its new CEO, with the new boss also taking a substantial stake in the start-up.

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

Insolvencies rise in October, but Christmas could bring a reprieve

12:17PM | Tuesday, 11 December 2012 | Patrick Stafford

Insolvency experts predict many businesses might hang on through Christmas but could struggle in the new year.

 | Planning  | Business planning  | Growth  | Buy a business  | Sell a business  | Legal matters  | Financing a business  | Cashflow  | Leadership  | Sole trader

Little chance of Christmas cheer as business confidence hits record-low

12:01PM | Tuesday, 11 December 2012 | Michelle Hammond

Business confidence has fallen to its lowest level since April 2009 according to NAB’s Monthly Business Survey.

 | Planning  | Business planning  | Financing a business  | Cashflow

$50,000 grants on offer as Textile, Clothing & Footwear program reopens

12:56PM | Tuesday, 11 December 2012 | Michelle Hammond

Government body AusIndustry has opened its latest round of applications for the Textile, Clothing and Footwear (TCF) Small Business Program, which offers grants of up to $50,000.

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