Sell a business



Yahoo! goes OnTheAir in latest app acquisition

12:42PM | Wednesday, 5 December 2012 | Michelle Hammond

Yahoo! has acquired video chat broadcasting app OnTheAir less than two months after acquiring mobile recommendations app Stamped.

Online genealogy boom continues as MyHeritage raises $25 million

11:26PM | Friday, 30 November 2012 | Michelle Hammond

Israeli company MyHeritage has acquired long-term rival after raising $25 million in new funding, as the genealogy industry continues to grow both overseas and in Australia.

Buying a business – is it for you?

11:20PM | Wednesday, 21 November 2012 | Oliver Milman

Before you take the plunge into business ownership, do your due diligence on what’s right for you. BY OLIVER MILMAN.

Record 18% increase in businesses for sale in Q3: Report

11:35PM | Monday, 19 November 2012 | Michelle Hammond

The number of private businesses for sale reached a record level in the September quarter, according to a new report, which highlights how owner-operators can affect business values.

Do some small business window shopping

11:56PM | Monday, 19 November 2012 | Taskmaster

A record number of private businesses were up for sale in the September quarter, creating a unique opportunity to gather intelligence about your industry.

Yahoo! acquires celebrity-backed app start-up Stamped

10:02PM | Friday, 26 October 2012 | Michelle Hammond

Yahoo! has made its first acquisition under the direction of chief executive Marissa Mayer, snapping up celebrity-backed mobile recommendations app Stamped for an undisclosed sum.

Sparking up a smoking hot start-up idea

10:57PM | Friday, 12 October 2012 | Oliver Milman

Queensland entrepreneur Jason Healy launched electronic cigarette maker blu eCigs in 2009, later selling it for $US135 million. Here’s how a true-blue Healey rounded up a fortune in Charlotte, North Carolina. BY OLIVER MILMAN.

Microsoft tipped to snap up music start-up Rdio

10:31PM | Thursday, 4 October 2012 | Michelle Hammond

Microsoft is in talks to acquire US-based digital music service Rdio, a start-up created by a co-founder of Skype, it’s been reported.

Facebook acquires founders of Carsabi, but not the start-up itself

10:45PM | Tuesday, 2 October 2012 | Michelle Hammond

Facebook has acqui-hired the founders of Y Combinator start-up Carsabi, who are attempting to sell the service to focus on their new jobs, which could include Facebook’s new “Gifts” feature.

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.

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.

Sydney start-up Project PowerUp sold to Alchemy Equities

9:05PM | Thursday, 13 September 2012 | Michelle Hammond

The founder of crowdfunding platform Project PowerUp has set its sights on the United States after selling the business for less than $1 million, barely a year after it was launched.

Bittersweet: Darrell Lea sold but retail stores to close, 418 to lose their jobs

9:35PM | Monday, 3 September 2012 | Cara Waters

Darrell Lea will continue as a confectionery brand but without its retail outlets.

Planet Chocolate sold as founders switch to mobile tech market

8:12PM | Thursday, 30 August 2012 | Michelle Hammond

The founders of chocolate retail chain Planet Chocolate have launched an ordering app aimed at small-scale food and retail franchises, after selling the business to an undisclosed buyer.

Tech start-up BuzzNumbers snapped up by Sentia Media

8:25PM | Thursday, 23 August 2012 | Oliver Milman

BuzzNumbers, a social media tracking start-up launched by prominent tech scene figure Nick Holmes a Court, has been purchased by Sentia Media.

Retail Food Group posts record profit, swallows former Smart50 entrant Crust Pizza for $24 million

8:01PM | Thursday, 23 August 2012 | Patrick Stafford

Retail Food Group has added another pizza chain to its roster with the purchase of Crust.

OzHut MD Wai Hong Fong steps down, sells stake

8:12PM | Thursday, 9 August 2012 | Oliver Milman

Wai Hong Fong, co-founder of successful online retailer OzHut, has quit as managing director of the company and sold his stake to his former business partner.

Mexican entrée for 500 Startups' Latin American main dish

8:12PM | Wednesday, 8 August 2012 | Michelle Hammond

Start-up accelerator 500 Startups will expand its reach after acquiring Latin American accelerator Mexican.VC, but a local expert says it could be a while before something similar happens in Australia.

Pets Paradise problems just beginning for franchisees

8:57PM | Friday, 3 August 2012 | Cara Waters

The appointment of receivers to Pets Paradise this week did not include stores operated by franchisees, but franchising experts warn there are still difficult times ahead for franchisees.

Franchisee hunt starts as Zarraffa’s Coffee takes One for the Road

8:26PM | Thursday, 2 August 2012 | Michelle Hammond

Queensland-based coffee franchise Zarraffa’s Coffee will seek out franchisees for the five drive-thru sites of One for the Road, a WA specialty coffee chain that has been purchased by the company.