Sell a business

Features 10 things you can learn from Jan Cameron

Jan Cameron boasts an impressive history in the retail market, so what can start-ups learn from her? StartupSmart identifies 10 things you can learn from Australia’s retail queen.

News Archer Capital acquisition of chicken franchises to fuel expansion

Private equity group Archer Capital says it plans to double the number of Red Rooster stores in both NSW and Victoria, following its $450 million acquisition of Quick Service Restaurant Holdings.

News Deloitte acquires boutique design firm Aqua Media

Professional services firm Deloitte has acquired boutique design house Aqua Media for an undisclosed sum, adding to Deloitte’s growing list of mergers and acquisitions in the past 12 months.

News Twitter buys TweetDeck for $US40m

Twitter has acquired third-party app TweetDeck in a deal worth $US40 million, in the latest of a recent series of big money buy-outs in the tech sector.

News Start-ups urged to plan for business succession

Businesses without succession plans are almost twice as likely to fold or suffer a fire sale, according to a new report.

News Nine Entertainment sparks hopes of start-up spending spree

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.

News Tech writer, entrepreneur Duncan Riley sells Inquisitr for $330,000

Australian tech writer and entrepreneur Duncan Riley has sold his website The Inquisitr to an unnamed Israeli buyer for $330,000, via Flippa.com.

News Start-up numbers falter as closures take their toll: ABS report

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.

News EA snaps up Melbourne tech start-up Firemint

Melbourne-based tech start-up Firemint has been acquired by entertainment giant Electronic Arts for an undisclosed sum.

News Groupon’s Star Deals acquires Melbourne start-up Crowdmass

Groupon’s Australian operation Star Deals has acquired Melbourne-based group buying site Crowdmass for an undisclosed sum.

News MySpace awaits bids as YouTube acquires Delicious

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.

News Business owners favour accountants’ advice

A new survey reveals business owners prefer to seek advice from their accountant rather than their lawyer, bank, business coach or financial planner.

News Tech start-up MacTalk turns to online bidders for sale

The founder of Australian technology website MacTalk is selling the business via an online auction website instead of via traditional channels.

News More people selling businesses than starting them

The latest Sensis Business Index reveals that 12% of small Australian firms are looking to close or sell their business largely for lifestyle reasons while 9% are planning to start a new business.

News Lonely Planet founders sell remaining stake to BBC

Lonely Planet founders Maureen and Tony Wheeler have sold their remaining 25% stake in the guidebook business for $67.2m (£42.1m) to BBC Worldwide.

News Melbourne dominates commercial property market

Victoria continues to be the strongest property market in Australia, with NAB’s Commercial Property Index revealing Melbourne leads the way in the retail, office and industrial markets.

News Entrepreneurs urged to delegate to avoid Jobs scenario

Business owners need to determine whether their firm can survive without them in order to keep it afloat, according to a business growth consultant.

News Yahoo!7 acquires Spreets for $40m

Yahoo!7 has acquired Australian group-buying site Spreets in a $40 million deal, despite the start-up only launching in April last year.

News Firemint joins forces with Infinite Interactive

iPhone app developer Firemint has acquired video game studio Infinite Interactive, with the Melbourne-based start-ups joining forces to focus on self-published titles.

News Hertz buys start-up car hire firm Flexicar

Flexicar CEO to stay on following the Australian start-up's sale to multi-national car hire brand.

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