Growth Strategy

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BlueChilli-backed start-up Moneysoft raises $600,000

11:52PM | Thursday, 29 November 2012 | Michelle Hammond

Financial services start-up Moneysoft, which has been backed by Sydney incubator BlueChilli, plans to ramp up its presence in the Australian market after closing its third round of funding, bringing the total capital raised to $660,000.

Don’t take a casual approach to casual staff, start-ups warned

11:49PM | Thursday, 29 November 2012 | Michelle Hammond

A recruitment expert has warned start-ups to tread carefully with regard to casual staff, after a survey revealed more than a third of employers have increased their use of temporary workers over the past 12 months.

Australia’s wealthiest suburbs revealed: The suburb with an average salary of $132,252

11:21PM | Thursday, 29 November 2012 | Cara Waters

Residents of one ritzy Melbourne suburb are Australia’s highest wage earners, taking home an average income of $132,252.

In pictures: Australia’s five key online spending trends

11:42PM | Thursday, 29 November 2012 | Oliver Milman

The internet is revolutionising shopping forever. With the eCommerce sales peak expected between December 7th and 10th this year, here are charts illustrating five key trends you need to be aware of. BY OLIVER MILMAN.

No soup for you? Think again!

11:08PM | Thursday, 29 November 2012 | Taskmaster

Customers don’t care how bad your day has been; what they care about is good service.

Confidence creeps back among Aussie SMEs: Report

11:00AM | Thursday, 29 November 2012 | Oliver Milman

Confidence appears to be slowly seeping back into Australia’s small business sector, with a sunnier outlook on sales and profitability starting to take hold, according to new figures.

Melbourne-based incubator SeedLab hunts start-ups ahead of launch

11:07PM | Wednesday, 28 November 2012 | Oliver Milman

A so-called ‘open source’ Melbourne-based incubator is set to launch in February, aiming its sights at early-stage technology start-ups that are looking to work on undeveloped ideas.

Gerry Harvey says many retailers to collapse post-Christmas

11:04PM | Wednesday, 28 November 2012 | Patrick Stafford

Gerry Harvey has predicted gloomy times ahead for the retail industry, saying that while the upcoming Christmas will be a bright spot for many companies, the aftermath will be worse.

How we partnered with a German start-up: App developer Spreadsheetopia

11:05PM | Tuesday, 27 November 2012 | Michelle Hammond

Australian app developer Spreadsheetopia has partnered with German start-up KeyRocket after being discovered on video-sharing platform Vimeo.

Y Combinator reduces funding amount from $150,000 to $80,000

11:56PM | Tuesday, 27 November 2012 | Michelle Hammond

US incubator Y Combinator has reduced its investment amount from $150,000 to $80,000, underlining the plummeting cost of starting a business, especially in the tech sector.

Don’t handle your customer complaints like the ATO

11:35PM | Tuesday, 27 November 2012 | Taskmaster

Some people say Old Taskmaster is a cold-blooded animal. However, today I read something that made my blood boil, prior to it turning to steam and, ultimately, superheating into molten plasma.

Cyber Monday sales up: Three eCommerce lessons from the US

11:03PM | Tuesday, 27 November 2012 | Patrick Stafford

A week after the Click Frenzy debacle in Australia, Americans have started Cyber Monday – the yearly sale that inspired the local version.

It’s all about the passion for franchisees as top 10 franchises unveiled

11:40PM | Monday, 26 November 2012 | Oliver Milman

Franchisees are increasingly prioritising the passion they have for a business when deciding whether to stick with it, according to the 2012 Topfranchise.com.au Awards, which placed Smartline Personal Mortgage Advisors in the top spot.

Eskimo Joe turns to Pozible for latest album

11:58PM | Friday, 23 November 2012 | Michelle Hammond

Australian band Eskimo Joe is using Pozible to fund its next album, with the aim of raising $40,000 via the online crowdfunding platform.

It’s weekend market time

11:40PM | Friday, 23 November 2012 | Taskmaster

A quiet weekend? That's lazy talk! Instead, it's time to give your business a community-spirited boost.

Chasing the ‘pink dollar’

11:31PM | Thursday, 22 November 2012 | Matty Soccio

There are big dollars to be had in the burgeoning ‘pink dollar’ market. However, companies need to get the basics right first. BY MATTY SOCCIO.

US start-ups raise five times more capital than Aussies: Report

11:20AM | Thursday, 22 November 2012 | Michelle Hammond

US-based companies raise almost five times more capital than Australian companies in the early stages, according to a new report, which also shows that Sydney remains our largest start-up hub.

Start-ups often underestimate fundraising process: Starfish Ventures boss

11:30PM | Tuesday, 20 November 2012 | Michelle Hammond

Start-ups often underestimate the time required to raise capital, says the co-founder of Starfish Ventures, following a $2 million investment in an email and web communication company.

Ireland looks to lure Aussie start-up with incubator program

11:24PM | Tuesday, 20 November 2012 | Michelle Hammond

The Irish Government is offering an Australian start-up the chance to participate in prestigious incubator program LaunchPad, after launching a venture capital fund for offshore companies.

Uber prepares for Sydney launch: Five top tips from the US venture’s GM

11:19PM | Tuesday, 20 November 2012 | Michelle Hammond

The Australian general manager of US-based car service Uber has offered start-ups some advice after spending five years in Silicon Valley, as the business gears up for its Australian launch.

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