Starting
A guide to helping your teen start their own business
Here are some steps your teen can take during the school holidays to kickstart their entrepreneurial journey
“How cheap can I do it?”: The supplier & manufacturer question to avoid if you want a successful start-up
Quality products & services and brand loyalty with customers are two factors of business success – and you cannot achieve either of these if your focus is on landing the cheapest price for a product or the manufacturing of a product you plan to sell.
Want to start a business? Here are 5 things you need to know
From accounting to staffing, you must consider these things before embarking on your business..
Tired of running a side hustle? It’s time to step up
Top tips from the 2019 Victorian Telstra Small Business Woman I am an accidental entrepreneur. My grand plan was to provide home visit physiotherapy to clients who couldn’t access other services, while earning a bit of extra cash on my way home from my real job. After years of tip toeing around the edges, I realised […]
Skalata Ventures’ Seed Investment Program open for start-up applications
Skalata Ventures is seeking applications from early-stage businesses with proven traction to join its seed investment program. The six-month program, customised for each company, will offer operational support and up to $250,000 in funding to early-stage businesses to become significant and sustainable. Backed by noted business leaders Paul Little and Carol Schwartz, the seed investment […]
The riskiest hire in business – Hiring your first salesperson. What entrepreneurs must know to avoid millions of dollars of lost opportunity.
“How did you go hiring your National Sales Director, Paul?” “Terrible! That guy cost me $500,000!” I’d met Paul (not his real name) about two years ago and was recalling our conversation about his plans for expanding the sales function at his start-up software company. I wasn’t in a position to advise Paul at the […]
The NSW and Federal Governments have joined forces to slash red tape for small businesses
An inter-governmental partnership to help reduce red tape for new small businesses has been announced today. The announcement follows the test launch, in April 2017, of a new business registration service to make the process simpler for small businesses, with the aim being to save new business starters $40 million each year. The Federal Government […]
Government urged to simplify small business registration
The Australian Small Business and Family Ombudsman is urging the Government to simplify small business registration. In a submission to the Government’s consultation on Modernising Business Registers, Ombudsman Kate Carnell has called for the consolidation of registration requirements for small business. “The optimal outcome would be one form hosted by a single agency on a […]
Different distribution options for your start-up
Product distribution resides at the heart of getting your products into the hands of consumers. Any startup business, no matter where they operate from, must overcome the basic problems of distribution in order to generate meaningful profits. The more avenues through which your startup can move product, the more potential income streams you will have […]
7 Survival tips to avoid common business mistakes
Growing a business is a special talent, part science, part art and doing it well can be one of the most rewarding life experiences. It can also spell financial disaster from which it is very difficult to recover, when things don’t go well. In this article we discuss 5 common mistakes made by businesses. Cash Flow Cash […]
It all happened ‘on the side:’ Now selling 100,000 units per year, this stationery business is no stationary business
Research released by ecommerce platform, Selz has revealed that six out of ten working adults are either running a side business or thinking about it. Titled “The Side Business Phenomena,” the research surveyed working-age adults in the U.S., Australia and the UK and found that an average of 16 per cent were actively engaged in […]
When and why you should (or shouldn’t) find a co-founder
There is an old African proverb that goes, “If you want to go quickly, go alone, but if you want to go far, go together.” In the world of startups, going together often means going both faster and further. According to Startup Genome, a project that analysed a dataset of 100,000 startups over a few […]
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