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Nine Entertainment says it plans to buy into more start-ups following its investment in online shoe retailer StyleTread, raising hopes of increased media company interest in emerging businesses.
Franchising experts have questioned the motives of WA Liberal MP Peter Abetz, who has warned prospective franchisees that “rogue elements” may “prey” upon them.
Australian tech writer and entrepreneur Duncan Riley has sold his website The Inquisitr to an unnamed Israeli buyer for $330,000, via Flippa.com.
More than 30,000 small businesses shut up shop between the 2007 and 2010 Federal elections, while new business entry rates declined, according to the Australian Bureau of Statistics.
The 2011 Topfranchise Awards have revealed Smartline Personal Mortgage Advisors as Australia’s top franchise system, as support mechanisms emerge as a key priority for franchisees.
Melbourne-based tech start-up Firemint has been acquired by entertainment giant Electronic Arts for an undisclosed sum.
Groupon’s Australian operation Star Deals has acquired Melbourne-based group buying site Crowdmass for an undisclosed sum.
Mexican food business Las Olas Fresh Mex Grill is to roll out a national franchise network in a bid to cash in on Australia’s increasingly crowded “fast casual” food market.
Media giant News Corp is accepting offers for social networking site MySpace, with a number of private equity firms and companies expected to submit bids by the end of the week.
US-based brands Pizza Hut and Ben & Jerry’s have unveiled plans to expand their franchised operations in Australia, despite the franchise industry’s continued recruitment problems.
The ACT has held its position as the best performing economy in the country but WA and Victoria are not far behind, a new report says.
Small business sales are tipped to recover in 2011 with Melbourne leading the way as a buyers’ market, according to business broker LINK.
A host of Australian and US franchises were recently unveiled at a Sydney franchising expo, suggesting the sector is still ripe with opportunity for prospective franchisees.
A new survey reveals business owners prefer to seek advice from their accountant rather than their lawyer, bank, business coach or financial planner.
New data reveals business lending by local banks grew 0.6% in February, representing the strongest rise in business borrowing since the global financial crisis.
Potential franchisees should give as much diligence to investing into a franchise as they would a house, rather than merely attend an event, according to the industry’s peak body.
A new report shows office rents are on the rise as leasing conditions continue to improve.
Small retailers have been urged to collaborate in order to adapt to the rise of shopping centres as catch-all destinations for consumers.
Budding fast food franchisees are set to be in increased demand after Domino’s became the latest retailer to announce expansion plans in Australia.
A new report reveals commercial office rents are on the rise in most capital city markets as good employment growth and tight supply make affordable space scarce.