May 2013

Small business cashflow under the cosh from bill payment delays

5:30PM | Thursday, 23 May 2013 | By Gavin Lower Small businesses need to consider how they manage their cashflows as surveys show it’s taking longer for them to get paid for their services, says business advisor Gary Green.

Venture capital investment outstrips share market: Report

5:22PM | Thursday, 23 May 2013 | By Gavin Lower Private equity and venture capital investment in Australian businesses provides better returns than shares over the long term, according to a new report.

Ford stops manufacturing in Australia, scraps 1200 jobs – SMEs out in the cold

5:49PM | Thursday, 23 May 2013 | By Patrick Stafford Ford announced this morning it will cease all manufacturing in Australia by 2016 and cut 1200 jobs in the process in one of the largest shake-ups to the local automotive sector in several years.

Melbourne gym ordered to stop ‘Superman Workout’ following legal battle with DC Comics

5:41PM | Thursday, 23 May 2013 | By Yolanda Redrup It’s not often a superhero makes an appearance in a Federal Court case, but Warner Brothers has won a legal battle against a Melbourne gym over the rights to the term ‘Superman Workout’.

Should you invest in a friend’s start-up? Four tips to avoid disaster

5:15AM | Thursday, 23 May 2013 | By Briana Everett Your friend is smart, talented, trustworthy and successful (no bias, of course) and they've come up with a brilliant idea for a new business – here are four things you should do before you invest.

Pollenizer hunts co-founder for Skype creator’s new venture

5:14AM | Thursday, 23 May 2013 | By Michelle Hammond Pollenizer is looking for co-founders for four of its start-ups, one of which would involve a partnership with a Skype co-founder while another would involve working with the former chief executive of CareerOne.

THE NEWS WRAP: Treasury warns budget figures are based on “unsustainable” commodity prices

5:14AM | Thursday, 23 May 2013 | By Andrew Sadauskas New reports from the Parliamentary Budget Office and the Treasury have called into question key figures in the federal budget, with the reports raising the prospect of a blowout in the 2016/17 budget.

77% of Aussie entrepreneurs would do it all again: Report

5:14PM | Wednesday, 22 May 2013 | By Michelle Hammond Almost 80% of Australian entrepreneurs would start up again if given the chance, new research shows, despite almost as many citing lack of access to credit as their main challenge.

Start-ups to be paid interest on outstanding Government bills: Hockey

5:02PM | Wednesday, 22 May 2013 | By Gavin Lower Shadow treasurer Joe Hockey has announced a future Coalition government will commit to pay small business suppliers on time, or make them pay interest on outstanding bills.

Corporate Cars to target top end of town via franchising

5:48PM | Wednesday, 22 May 2013 | By Michelle Hammond Luxury car service Corporate Cars Australia says it is confident it can compete with US-based competitor Uber, which recently launched in Australia, after recruiting its first two franchisees.