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Govt launches competition for clean tech start-ups

6:16PM | Thursday, 23 June 2011 | Michelle Hammond

A new nationwide competition for clean tech start-ups offers the winner the chance to represent Australia at a similar competition in the US and potentially win more than $100,000 in services.

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

Eight last-minute tax-time tips

6:42PM | Wednesday, 22 June 2011 | Greg Hayes

We are down to the last week. You’re only days away from June 30 and hopefully you have your tax planning in place.

 | Planning  | Business planning  | Financing a business  | Tax

Household finances hit ‘10-year low’

6:03PM | Wednesday, 22 June 2011 | Michelle Hammond

Household finances have hit their lowest level in a decade as consumers increase their precautionary savings, according to a new report by the Melbourne Institute.

 | Planning  | Business planning  | Financing a business  | Cashflow

Start-ups urged to step up sales drive to lure tax return dollars

6:00AM | Wednesday, 22 June 2011 | Michelle Hammond

SMEs will have to offer great deals to persuade reticent consumers to part with their upcoming tax returns, according to a new report.

 | Sales and marketing  | Sales  | Financing a business  | Tax

Micro business focus helps extend Westpac lead over rivals: DBM

6:00AM | Tuesday, 21 June 2011 | Michelle Hammond

Westpac has extended its lead on the other major banks due to improved ratings in the micro business market, according to the latest DBM Business Financial Services Monitor.

 | Planning  | Business planning  | Financing a business

ATO emphasises tax debt management following Jim’s Plumbing wind-up notice

6:21PM | Monday, 20 June 2011 | Michelle Hammond

The tax office is urging businesses to properly manage their tax debt, following its application to wind up SA franchise Jim’s Plumbing after it failed to comply with a taxation-related demand.

 | Legal matters  | Financing a business  | Tax  | Leadership

Consumers swap spending from stores to entertainment: Report

6:49PM | Monday, 20 June 2011 | Michelle Hammond

Australian consumers are shifting their dollars from retail to experience-based activities, with the amusement and entertainment category recording the strongest sales growth of any sector.

 | Planning  | Business planning  | Financing a business  | Cashflow

Tax Office hits Jim’s Plumbing franchise with wind-up order

6:53PM | Friday, 17 June 2011 | Patrick Stafford

The ATO has applied to wind-up Jim's Plumbing, one of the several trade-based franchises run by entrepreneur Jim Penman under the well-known Jim's Group banner, with a hearing set for the Federal Court on July 20.

 | Financing a business  | Tax

Red tape on the rise, directors say

6:38PM | Friday, 17 June 2011 | Michelle Hammond

Nearly 70% of directors deal with more red tape now than they did 12 months ago, according to the Director Sentiment Index from the Australian Institute of Company Directors.

 | Planning  | Business planning  | Legal matters  | Financing a business  | Tax  | Leadership

Trusting your trust at tax time

6:54PM | Thursday, 16 June 2011 | Greg Hayes

If you’re an SME that operates their business through a trust structure then it’s crucial you manage the formality of your trust distributions for this financial year.

 | Financing a business  | Tax  | Planning stage  | Growing  | Legal

Aussie dollar and rising costs continue to cripple manufacturers

6:41PM | Thursday, 16 June 2011 | Michelle Hammond

The strength of the Australian dollar and rising production costs continue to hurt Australian manufacturers, according to a report by Westpac and the Australian Chamber of Commerce and Industry.

 | Financing a business  | Cashflow

Small firms to benefit from R&D changes

6:20PM | Thursday, 16 June 2011 | Michelle Hammond

Small businesses will be the main beneficiaries of the Federal Government’s $1.8 billion R&D Tax Credit, thanks to a request by the Greens that small firms receive quarterly cash incentives.

 | Planning  | Business planning  | Financing a business  | Tax

Start-ups should weigh up CBA’s mobile payments service, expert says

6:57PM | Thursday, 16 June 2011 | Michelle Hammond

The Commonwealth Bank is targeting small businesses for its new transactions service, but an industry expert says start-ups should do their homework before signing up for the service.

 | Financing a business  | Technology

Victorian firms cutting debt faster than other SMEs: Report

6:49PM | Thursday, 16 June 2011 | Michelle Hammond

Victorian SMEs are borrowing less and reducing their debt more than SMEs in any other state, according to a new survey, as businesses feel the effects of Australia’s two-speed economy.

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

Angus & Robertson franchisees’ future uncertain amid more closures

6:46PM | Thursday, 16 June 2011 | Michelle Hammond

Angus & Robertson administrator Ferrier Hodgson says it expects to close a deal on the chain’s 19 remaining company-owned stores within a fortnight, while negotiations continue in relation to the 48 franchisee-owned stores.

 | Franchising  | Financing a business

ATO sets its sights on builders, real estate agents in deduction crackdown

6:53PM | Wednesday, 15 June 2011 | Michelle Hammond

Tax experts are urging small businesses to ensure their tax returns are as accurate as possible, with builders, earthmovers and real estate agents among the occupations being targeted by the Tax Office this year.

 | Planning  | Business planning  | Financing a business  | Tax

Consumer sentiment falls to lowest level since June 2009

6:34PM | Wednesday, 15 June 2011 | Michelle Hammond

Consumer sentiment has fallen to its lowest level since June 2009, as consumers become less concerned about interest rates and falling petrol prices and more concerned about the introduction of a carbon tax.

 | Planning  | Business planning  | Financing a business  | Tax

Consumer group challenges big retailers’ call for lower import threshold

6:45PM | Tuesday, 14 June 2011 | Michelle Hammond

Major Australian retailers are calling for the Government to reduce the low-import threshold to $100 and impose GST for online sales, but consumer groups say retailers are failing to entice customers.

 | Legal matters  | Financing a business  | Leadership

Business conditions continue downward trend

6:42PM | Tuesday, 14 June 2011 | Michelle Hammond

Business conditions deteriorated sharply in May, according to the latest NAB survey, while non-mining sectors such as retail and manufacturing continue to drag on business confidence.

 | Planning  | Business planning  | Financing a business  | Cashflow

500 Startups invests in Aussie firm BugHerd

6:17PM | Friday, 10 June 2011 | Michelle Hammond

US tech accelerator 500 Startups has invested in 21 new companies in its latest founding round, including Australian start-up BugHerd.

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