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Nine Entertainment sparks hopes of start-up spending spree
5:00AM | Tuesday, 24 May 2011 | Michelle HammondNine 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.
MP slammed over “rogue” warning to budding franchisees
5:56PM | Monday, 23 May 2011 | Michelle HammondFranchising experts have questioned the motives of WA Liberal MP Peter Abetz, who has warned prospective franchisees that “rogue elements” may “prey” upon them.
Tech writer, entrepreneur Duncan Riley sells Inquisitr for $330,000
5:49PM | Friday, 20 May 2011 | Patrick StaffordAustralian tech writer and entrepreneur Duncan Riley has sold his website The Inquisitr to an unnamed Israeli buyer for $330,000, via Flippa.com.
Start-up numbers falter as closures take their toll: ABS report
5:10PM | Tuesday, 17 May 2011 | Michelle HammondMore 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.
Smartline wins franchisee award for third year in a row
5:00AM | Monday, 9 May 2011 | Michelle HammondThe 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.
EA snaps up Melbourne tech start-up Firemint
5:30PM | Wednesday, 4 May 2011 | Michelle HammondMelbourne-based tech start-up Firemint has been acquired by entertainment giant Electronic Arts for an undisclosed sum.
Groupon’s Star Deals acquires Melbourne start-up Crowdmass
5:42PM | Tuesday, 3 May 2011 | Michelle HammondGroupon’s Australian operation Star Deals has acquired Melbourne-based group buying site Crowdmass for an undisclosed sum.
Las Olas latest to eye “fast casual” food trend
5:27PM | Monday, 2 May 2011 | Michelle HammondMexican 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.
MySpace awaits bids as YouTube acquires Delicious
4:15PM | Thursday, 28 April 2011 | Michelle HammondMedia 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.
Pizza Hut, Ben & Jerry’s to add to Australian franchises
4:48PM | Thursday, 28 April 2011 | Michelle HammondUS-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.
ACT strength challenges two-speed economy claim
4:47PM | Monday, 18 April 2011 | Michelle HammondThe 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.
Melbourne tipped to lead SME sales recovery
4:02PM | Tuesday, 12 April 2011 | Michelle HammondSmall business sales are tipped to recover in 2011 with Melbourne leading the way as a buyers’ market, according to business broker LINK.
Wave of new franchises unveiled at Sydney expo
4:52PM | Tuesday, 5 April 2011 | Michelle HammondA 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.
Business owners favour accountants’ advice
4:55PM | Monday, 4 April 2011 | Michelle HammondA new survey reveals business owners prefer to seek advice from their accountant rather than their lawyer, bank, business coach or financial planner.
Business borrowing posts post-GFC high
4:57AM | Friday, 1 April 2011 | Michelle HammondNew data reveals business lending by local banks grew 0.6% in February, representing the strongest rise in business borrowing since the global financial crisis.
Buying a franchise like house hunting: FCA
3:26PM | Tuesday, 29 March 2011 | Michelle HammondPotential 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.
Office and industrial rents on the rise
3:48PM | Thursday, 17 March 2011 | Michelle HammondA new report shows office rents are on the rise as leasing conditions continue to improve.
Chadstone success underlines rise of destination shopping
3:06PM | Wednesday, 16 March 2011 | Michelle HammondSmall retailers have been urged to collaborate in order to adapt to the rise of shopping centres as catch-all destinations for consumers.
Domino’s joins fast food franchisee push
3:08PM | Tuesday, 15 March 2011 | Michelle HammondBudding fast food franchisees are set to be in increased demand after Domino’s became the latest retailer to announce expansion plans in Australia.
Rents on the rise in CBD but not suburbia
3:06PM | Thursday, 10 March 2011 | Michelle HammondA 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.
