This year, Microsoft purchased LinkedIn for $US26.2bn and Uber was valued at $US62.5bn. How is it that a handful of founders, starting out with little more than an idea, are managing to create multi-billion dollar businesses, when our largest companies with far greater resources, are struggling to replicate that performance? When it comes to enterprise, a poorly-defined […]
The government has released a consultation paper on extending crowd-sourced equity funding (CSEF) to small proprietary companies. The consultation is part of the $5.5 billion Growing Jobs and Small Business package outlined in the 2015-16 Budget. The paper sets out the Government’s intended approach to a CSEF framework for public companies and seeks views on […]
SMEs struggling to obtain finance are the biggest victims of the Government’s restrictions, the ACCI explains in their submission to the Productivity Commission’s Inquiry Into Business Set-up, Transfer and Closure.
Many business owners currently considering selling their businesses have assumed that with the economy strengthening and credit becoming more available, banks will be more willing to lend to their potential buyers.
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