Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), urged senators to pass the Australian Business Growth Fund Bill on Wednesday. Ms. Carnell explained that the bill would significantly encourage growth and promote economic expansion for small and medium-sized businesses around the country. “We strongly support the investment by the Commonwealth in the […]
When is an IPO a good fit for a company, and when isn’t it? Taking your business into the public realm through an Initial Public Offering (IPO) is a big step as it introduces new focuses and new standards prompted by your investors. It’s a process that can take a long time, with a lot […]
Going public is a huge step for any company. Taking a company from private to public through an IPO (or ‘initial public offering’) and listing on the stock exchange is a process that can take months, or even years, of planning, preparation and execution. Amid the myriad of tasks involved in preparing for an IPO, […]
How to get investors to sit-up and listen. Entrepreneurialism is thriving in Australia and according to Forbes.com 35 per cent of Australian startups are based in Sydney followed by 14 per cent in Melbourne and 9 per cent in Brisbane. So, when it comes to seeking investors, competition is fierce. According to co-founder of BenchOn, Tim […]
As the Royal Commission leads to an increase in lending standards and requirements for banks, many businesses will be forced to look outside the Big Four to raise the capital they need. The good news is that there are a lot of untapped capital options for SMEs to look at. The Royal Commission has meant […]
Every single potential investor you contact wants to see a believable and highly readable business plan that contains a summary, the overview of the team, details about financials and a whole lot more. Many think that funding is going to come fast after the plan is submitted but this is just one of the mistakes […]
Over the past seven months we’ve been on an incredible roller-coaster of a journey – the kind that only an early-stage startup is capable of experiencing. We’ve hired, fired, experimented, failed, and ultimately succeeded in getting Found to that magic milestone of $83,333.33 of monthly revenue – more commonly known as $1m per year annualised […]
By seeking out ‘smart capital’, as distinct from seed funding, early stage SMEs can enhance their business acumen, avoid unnecessary start-up mistakes and increase their appeal to prospective investors, according to Kylie Hammond, founder and CEO of Director Institute. “Smart capital is money from an individual or group of individuals who can, by sitting on an […]
Entrepreneurs, along with their start-ups and innovative ideas have certainly been discovered as the new ‘best friend’ of the Australian economy – or at least, they have only recently been recognised as such at a governmental level. Welcome to the ideas boom. In December 2015, the National Innovation and Science Agenda (NISA) announced a suite […]
