#Business Funding
National research reveals SMEs’ top five funding frustrations
Around 9 out of 10 Australian SMEs are frustrated about their business funding, naming onerous loan conditions, having to provide property security and a lack of flexibility as their major concerns. These are the findings of the latest SME Growth Index, conducted independently by banking market analysts East & Partners, on behalf of national working capital […]
SMEs may have to seek alternative lending following the results of the Royal Commission
Small business owners could be most impacted once the final report of the Royal Commission is released later today. According to Scottish Pacific CEO Peter Langham, the impact of the Royal Commission will be far and wide and there are growing fears that small businesses will find it even harder to access funding. “From where […]
Australian small businesses share in almost $10 million
New South Wales business, The blueprint Laboratory, is one of 16 Australian businesses that will share almost $10 million in funding. The Accelerating Commercialisation grants are part of the Liberal National Government’s Entrepreneurs’ Programme, which provides financial assistance to help businesses take their products to the next level. Minister for Industry, Science and Technology Karen […]
5 ways to fund your new business
There are lots of challenges prospective business owners and budding entrepreneurs have to overcome. They need to market test their idea and prove that there is a need for it, they need to decide upon pricing and they’ll also have to consider whether they need additional employees (and where they’re going to find them). But […]
Bank, online lender or peer-to-peer platform to fund my business?
With the increasing number of debt financing alternatives available to small and medium sized businesses, should businesses be bypassing the major banks and going to straight to these alternative lenders and platforms? For some businesses the answer will be yes though there are a number of considerations that must be weighed up in deciding who […]
From risky business to hot property
Starting an organic men’s skincare line was a logical step for Paul Anderson, who had been clocking up an A-class list of clientele at his grooming salon MANKiND in Surry Hills since opening for business. It might sound like a dream run, but as Anderson explains in this interview, he couldn’t secure funding for what the banks considered an untested business concept – which meant taking the ultimate risk.
3 ways to make working capital work for you
There are very few forms of capital in this market, so don’t discount the one that’s right under your nose: your own working capital. Here’s some expert advice for making the most of what’s available to you.
3 quick ways to raise cash
Where is cash when you need it? Here’s an in-depth look at the art of raising good debt over bad in a world characterised by a number of emerging new trends.
SMBs experiencing growth, despite troubled economic conditions
Two-thirds of SMBs have experienced growth over the last two years, which a new survey is attributing to good business planning and financial management, and many expect continued growth over the next two years.
A look at the seductive qualities of Silicon Valley
Aussie start-ups are fleeing abroad, lured by Silicon Valley, which is undoubtedly the best place to nurture a tech business. That said, all is not lost in Australia and you just need to look a little harder for the support and success stories.
CBA launches competition to give SMBs a $10,000 cash injection
The Commonwealth Bank is giving the small to medium business community a chance to share in a $30,000 support package, in an attempt to help the sector that accounts for more than 35 percent of Australia’s economy.
Are you an SMB in need of research funding?
Small to medium ICT businesses are being invited to apply for up to $50,000 in funding from the ACS Foundation (ACSF), which has just been recognised as an Eligible Research Organisation under the Department of Innovation, Industry, Science and Research’s Enterprise Connect, Researchers in Business program.
UQ Enterprize Awards finalists named
The five finalists for the University of Queensland (UQ) Business School Enterprize Awards 2011 have been announced.
Innovative companies share in $8 million of funding
The Gillard Government will share $8 million of funding between 19 innovative companies, to assist them to get their pioneering products into the market.
Property market woes impact small businesses
The plunging property market will put a number of small businesses at risk, particularly start-ups that often secure finance using the value of their homes, according to Rob Lamers, CEO of Oxford Funding, a subsidiary of Bendigo and Adelaide Bank.
Growing your business with private equity
Private equity isn’t just for big business. Innovative, growing SMEs are often in need of capital to fund business growth, and private equity may be just what you’re looking for. Here’s how you can choose a private equity partner to grow your business. These days, owners of small to medium businesses are now more likely […]