Growth Strategy

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The Chocolate Room to open 200 Chinese stores

11:57PM | Friday, 2 November 2012 | Michelle Hammond

Australian café franchise The Chocolate Room has announced an ambitious plan to open 200 outlets in China, along with stores in Europe and the Middle East, despite having just seven stores here.

VC-backed companies up 9% amid “vibrant” start-up scene

11:50PM | Friday, 2 November 2012 | Michelle Hammond

The number of local companies that received venture capital in the 2012 financial year increased by 9% to 83 companies, reflecting the “vibrant, domestic start-up scene”, a new report claims.

Airbnb sinks its teeth into local market after opening Sydney office

11:45PM | Friday, 2 November 2012 | Michelle Hammond

US-based home rental service Airbnb has highlighted the growth of Australia’s tourism industry, after announcing plans to open an office in Sydney and recruit local talent to drive the brand.

New research reaffirms potential of China and India for retailers

11:09PM | Thursday, 1 November 2012 | Michelle Hammond

New research reaffirms the potential of the Chinese and Indian markets for retailers, but categories such as fashion are being outshone by more “necessary” categories such as health.

Retailers ignore executives' calls to abandon GST fight

11:53PM | Thursday, 1 November 2012 | Patrick Stafford

Retailers are not willing to give up the fight on import GST, but some executives think it is a distraction from the real issues.

Startup Weekend to launch 10,000 start-ups via new partnership

11:00AM | Thursday, 1 November 2012 | Michelle Hammond

Startup Weekend has teamed up with TechStars and Startup America to launch a new program dubbed Startup Weekend Next, which will aim to create 10,000 start-ups throughout the world.

The triple C bottom line: Getting back to basics

10:38PM | Wednesday, 31 October 2012 | Marc Peskett

It’s easy to get distracted by bright shiny ideas and other wonderful things, but running a business requires that you never lose focus of the basics. BY MARC PESKETT.

Three things I learnt from pitching in the US – 7pm anywhere’s Amir Nissen

10:00AM | Wednesday, 31 October 2012 | Michelle Hammond

A Melbourne entrepreneur has outlined the key lessons he learnt while pitching to an accelerator in the United States, encouraging start-ups to “keep hustling” while they wait for funding news.

Samsung and Toblerone among this year’s Shonkys

10:37PM | Tuesday, 30 October 2012 | Michelle Hammond

Start-ups can learn from the mistakes of this year’s Shonky award winners, which include Toblerone for its “ridiculous” serving sizes, and waterproofing technology that doesn’t work.

StageBitz snags $890,000 from multiple investors

10:31PM | Tuesday, 30 October 2012 | Michelle Hammond

Tech23 alumni StageBitz has raised $890,000 in funding from investors including ANU Connect Ventures and the Sydney Angels Sidecard Fund, as it seeks to revolutionise the arts industry.

Drive-thru chain Muzz Buzz couples coffee with car washing

10:20PM | Tuesday, 30 October 2012 | Michelle Hammond

The founder of drive-through coffee franchise Muzz Buzz insists there’s no difference between coffee and car washing, after announcing plans to grow the brand by way of a car wash service.

Co-founder of German start-up Jimdo visits Oz – here are his five top tips

10:00AM | Tuesday, 30 October 2012 | Michelle Hammond

Australian start-ups should look beyond the United States and make careful considerations before accepting funding offers, says the co-founder of successful German start-up Jimdo.

Going local for your start-up funding

10:45PM | Monday, 29 October 2012 | Alexandra Cain

A small but growing number of local councils now offer grants to early stage ventures. Here are some key tips to help your business secure local government funding. BY ALEXANDRA CAIN.

Govt highlights role of innovation in Asian Century white paper

10:32PM | Monday, 29 October 2012 | Michelle Hammond

Business groups have praised the Federal Government for the goals outlined in the Australia in the Asian Century white paper, including a vision to transform Australia’s innovation system.

Toll to challenge Australia Post in parcel deliveries

10:09PM | Monday, 29 October 2012 | Cara Waters

Transport and logistics firm Toll is squaring up for a fight with Australia Post to take a greater share of the parcel delivery business.

Advance to offer five-day US stint in 2013 start-up program

10:00AM | Monday, 29 October 2012 | Michelle Hammond

Advance, the government-funded network for Australian expatriates, is encouraging start-ups to apply for its 2013 program, which includes a visit to Silicon Valley and the Innovation Summit.

Crowdsourcing venture DesignCrowd makes first foray into Asia

10:25PM | Friday, 26 October 2012 | Michelle Hammond

Australian crowdsourcing marketplace DesignCrowd has made its first foray into Asia, after launching its service in Singapore, India and the Philippines as part of a global expansion plan.

Organic retailers tipped to shine as industry value hits $1.27 billion

10:06PM | Friday, 26 October 2012 | Michelle Hammond

More than one in 20 Australians purchase organic products on a regular basis, according to a new report, which predicts the $1.27 billion industry is set for 15% annual growth.

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.

Get away from the “bubble” of your industry

10:14PM | Thursday, 25 October 2012 | Taskmaster

When you’re in “the bubble” of an industry, it can be surprisingly easy to lose your focus on the big picture. However, there are important reasons to look for sources of outside inspiration.

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