Growth Strategy
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Co-working hub Fishburners launches new space for start-ups
2:54PM | Friday, 24 February 2012 | Oliver MilmanSydney co-working network Fishburners has launched a new space for start-ups, partnering with the City of Sydney to roll out the Darlinghurst facility.
Jayride.com raises $400k from local investors
2:00AM | Thursday, 23 February 2012 | Michelle HammondLand travel marketplace Jayride.com has secured $400,000 in funding from local investors, including angel investor Andrey Shirben, as it prepares to crack the UK market.
AngelCube incubator to double intake for next start-up round
2:07PM | Tuesday, 21 February 2012 | Michelle HammondAngelCube, the Melbourne-based incubator, will open applications for its second round of start-ups tomorrow, increasing its intake to eight teams, with a special interest in marketplace concepts and software-as-a-service.
Adelaide start-up Thereitis.com scores $2 million investment to fuel global expansion
2:01PM | Tuesday, 21 February 2012 | Oliver MilmanThereitis.com, an Adelaide-based tech start-up, has secured $2 million in angel funding from local investors, as the business gears up for rapid expansion across the globe.
Striking it rich
2:50PM | Tuesday, 21 February 2012 | Michelle HammondIn 2002, Michael Schreiber opened the first Strike Bowling Bar. Since then, Strike has grown into a $30 million revenue business employing more than 300 staff. This is how Schreiber bowled his competition over. BY MICHELLE HAMMOND.
The dangers of committing to a big partnership
2:37PM | Friday, 17 February 2012 | Michelle HammondJohn Kelly from Atomo Diagnostics thought he had a financial backer, until they were taken over. This is how he saved his business. BY MICHELLE HAMMOND.
US start-up uses crowdfunding to open 30 stores in one day
2:32PM | Friday, 17 February 2012 | Michelle HammondA US-based start-up is planning to open thirty stores on the same date and at the same time, using crowdfunding to finance the rapid expansion, suggesting start-ups here can do the same.
Billabong to cut 150 stores and 400 staff to fend off $765 million private equity offer
2:54PM | Friday, 17 February 2012 | Madeleine HeffernanUnder-pressure surfwear chain Billabong International has emerged from a trading halt to play hardball on a private equity offer and deliver a wide-ranging plan to cut costs.
The accidental entrepreneurs
2:15AM | Friday, 17 February 2012 | Oliver MilmanInnovation often starts from the desire to create value, rather than extracting it, as this wonderfully-illustrated video explains.
“Conservative” investors blamed for Aussie start-ups’ funding woes
2:51PM | Thursday, 16 February 2012 | Michelle HammondAustralian start-ups suffer from a conservative approach by investors, rather than a lack of funds, industry experts have claimed, as they prepare to speak at the National Angel Conference.
Australian fitness industry set to boom: Report
2:46PM | Thursday, 16 February 2012 | Michelle HammondAustralia’s ageing and increasingly health-conscious population has seen an explosion in the number of fitness instructors, suggesting the health and fitness industry is ripe with opportunity.
Make time to talk big ideas
2:38PM | Thursday, 16 February 2012 | TaskmasterWhile lots of businesses have annual strategy sessions for their entire company, my suggestion is to get a little bit more micro.
Drive a property bargain
2:12PM | Wednesday, 15 February 2012 | TaskmasterPlenty of big retailers – Noni B, Just Group, JB Hi-Fi and The Reject Shop, to name a few – are threatening they will shut stores if they can’t get better deals on their rent. Start-ups should take note of this.
Three standout retail lessons from Sportsgirl
2:43PM | Wednesday, 15 February 2012 | Michelle HammondFashion retailer Sportsgirl has launched a new window display that will allow customers to buy via their mobile phones.
Aussie franchise Nanotek dodges tear gas to open Athens operation
2:44PM | Tuesday, 14 February 2012 | Michelle HammondAustralian car cleaning franchise Nanotek has launched a site in a luxury mall in protest-ravaged Athens, with chief executive Jim Cornish insisting the offering will resonate with Greek consumers.
Cofounda launch aims to link entrepreneurs globally
2:44PM | Monday, 13 February 2012 | Michelle HammondA new smartphone app named Cofounda aims to change the way entrepreneurs connect with each other locally and globally, inspired by the concept of co-founder speed dating events.
Facebook targets developers with fbStart
2:20PM | Friday, 10 February 2012 | Michelle HammondFacebook has launched a program aimed at giving third-party developers advanced notice of new tools and features, in a bid to encourage them to build businesses around the Facebook platform.
Internode and Rocksoft founders back publishing start-up
2:11PM | Thursday, 9 February 2012 | Michelle HammondTech entrepreneurs Simon Hackett and Ross Williams have given their support to publishing house MidnightSun Publishing, with Williams investing a “substantial” amount in the start-up.
Pie Face aims at taking slice of US market
2:42PM | Thursday, 9 February 2012 | Michelle HammondFood franchise Pie Face has expanded to the United States, opening its first store in the heart of New York, but has tweaked its all-Australian offering only slightly for the US market.
NSW Govt to subsidise 12 local start-ups at US-based Startup House
2:10PM | Wednesday, 8 February 2012 | Michelle HammondThe NSW Government has thrown its support behind tech entrepreneurs wishing to crack the US market, helping start-ups cover the cost of living and working at Startup House in San Francisco.
