Strategy

Strategy

Find startup business news, features and advice on your business growth strategy, from funding your business' growth to measuring your business' performance

Advice How do I set my pricing?

Your selling price can be based on value, or cost.

Advice How do I assess the strengths and weaknesses of my business?

One of the most common methods of assessing the strengths and weaknesses of your business is to conduct a SWOT analysis.

Advice How do I fund the growth of my business?

Growth requires capital to invest in people, property, plant, equipment, systems and other resources. Getting this capital is not easy, particularly in the current credit-constrained conditions.

Advice Should I export?

Exporting your goods or services to the world is a great ambition, but it can be tough. Exporting takes careful research and planning, large amounts of capital and resources, and a strong focus.

Advice How do I measure the success of my business with key performance indicators?

Measuring the progress of your business can be done in several ways – at a big-picture level, you might look at sales and sales growth, profit or the size of dividends you are taking out of the business.

News REA Group boss invests in Sydney tech start-up Housl

Greg Ellis, the chief executive of realestate.com.au owner REA Group, has invested in Sydney tech start-up Housl, ahead of an ambitious expansion plan for the new venture.

News Start-ups the Target for new retail-based accelerator

US-based retail giant Target Corporation will launch its Target Retail Accelerator tomorrow to coincide with the 2013 South by Southwest festival, where developers will vie for cash prizes.

News Sydney entrepreneur opens ‘ideas exchange’ centre

A Sydney-based entrepreneur has launched a Small Business Ideas Exchange Centre in a bid to help other Sydney small business owners share information, host and attend events, and network.

Mentors How do I break into a male-dominated industry?

The keys to success are being proactive, communicating clearly and having the right attitude.

News New accelerator Slingshot to fling $10 million to start-ups

Newly launched accelerator Slingshot plans to invest in around 100 start-ups over the next five years, investing as much as $100,000 in each start-up via a $10 million venture fund.

News Matchbox wins global innovation award – five things you can learn

Kitchenware and cookware retailer Matchbox has been named the Australian winner of the 2012 Global Innovation Award, recognised for its design and franchising model.

News UK fast fashion chain Miss Selfridge Australia-bound, report suggests

Small retailers have no choice but to emulate the fast turnaround times of the major chains, says an industry expert, amid rumours UK fast fashion chain Miss Selfridge is coming to Australia.

News General Assembly to put Aussie start-ups in front of US VCs

General Assembly Australia is encouraging start-ups to enter a competition that will see two winners pitch to a high-profile US-based venture capitalists.

News Sherpa Kids flags global expansion following UK launch

Afterhours childcare franchise Sherpa Kids plans to recruit 100 Australian franchisees in five years and expand into as many as eight countries, after launching in the United Kingdom.

News US burger franchise Carl’s Jr wants to open 300 stores in Australia

Carl's Jr is set to launch in Australia with the American burger chain announcing its intention to open 300 stores in the next 10 to 15 years.

News Pollenizer celebrates fifth birthday: Five lessons from the start-up pioneer

Mick Liubinskas has highlighted the trials and tribulations of Pollenizer, including how it turned Spreets into a $40 million company, as the online venture builder celebrates its fifth birthday.

News “How we raised funds pre-development”: SpotJobs co-founder tells

Another new niche job site, SpotJobs, is preparing for its national media launch next month, having already received seed funding and office space from residential builder Simonds Homes.

News Revealed: Characteristics of $1 billion consumer tech companies

The average age of companies that the owners sell at more than $1 billion is seven years, according to US venture capitalist Jacob Mullins, who has revealed the common characteristics of $1 billion consumer tech companies.

News Lean start-up model is challenging but rewarding, says serial entrepreneur

Serial entrepreneur Ruwan Weerasooriya has highlighted the challenges of adopting a lean start-up model in his latest start-up Rewardle, after selling another start-up to oOh!media last year.

Taskmaster A picture says a thousand words

Take a look at the photos you use to promote your business and your products. If they’re not up to scratch, it’s time to call in a professional photographer.

News Female entrepreneurs hindered by lack of confidence, report suggests

A lack of confidence and an “unconscious bias” could be holding back female entrepreneurs, according to the Australian Bureau of Statistics’ latest Australian Social Trends report.

Taskmaster What do your doubters really know?

Meeting people who are sceptical of your business idea is an inevitable part of being an entrepreneur. But it’s important to remember not all of your critics’ criticisms are equally valid.

News $1.9 million grant generates global distribution deal for ultrasound device maker

A South Australian manufacturer of ultrasound devices has announced a global distribution partnership with a Japanese company, two years after receiving a $1.9 million government grant.

News Nanotek to clean up in eastern Europe following further expansion

Australian car-cleaning franchise Nanotek is expanding into the Czech Republic, Slovakia and Austria, with founder Jim Cornish attributing the move to the region’s “entrepreneurial spirit”.

News Silicon Valley’s Tyler Crowley offers advice to Aussie start-ups

Silicon Valley start-up expert Tyler Crowley has shared his thoughts on how local start-ups can improve their pitches and gain more media attention, as part of a whirlwind Australian visit.

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