Cashflow
The 7 principles of a successful restructure
Chances are, you’ve had to make some changes to your company’s internal structure in response to the economic downturn and in preparation for the slow recovery that appears to be underway. As with everything in business, restructures can be done well and they can be done poorly. Here are seven principles to help you avoid unnecessary complication.
Tasmanian innovator Travellr raises growth capital from World Nomad Group
Later in the evening, perhaps after a second or third round of cocktails (all the pubs were closed), Cummings shared his views that raising capital is a time consuming process and that, in particular, he would be seeking a strategic partner. That’s why I was particularly pleased to receive news yesterday that Travellr.com has secured growth capital from none other than the travel insurance and travel services company The Worlds Normad Group.
Why the green shoots of recovery will strangle some Australian businesses
It looks like this recession-that-wasn’t-actually-a-recession is coming to an end. As a business owner, you are right to be proud to have survived a frightening 18 months, when so many others have gone to the wall. But beware. It is not a given that survival in the downturn will equate to success and riches in the upturn. Indeed, there is a strong risk that recession conditions have deceived you about the general health of your organisation.
Federal R&D Tax Credit Bill passes, more changes to come
The passage last Thursday of the Tax Laws Amendment Bill (2009 Measures no 4) represents the Rudd Government’s first significant milestone on the road to delivering a more streamlined R&D Tax Credit for innovative Australian businesses.
We Gen Ys need more dollars and sense (here’s how)
It has become obvious to me over the past few years spent presenting at universities that an understanding of basic financial principles is not taught anywhere throughout the traditional education system. This leaves us Gen Ys, again, with the responsibility of educating ourselves. Or going bankrupt.
Unclaimed Nigerian oil money is a safer investment
The next time you get a proposal from a sales rep that quotes your spend as an “investment”, kick ’em in the butt and throw them out of your office. If they can’t pay you the courtesy of telling you the truth by calling it a “spend” or an “expense” or something that smells a lot less like bullshit, then you don’t want to do business with them.
Things looking up for Australian businesses
Australian businesses are cautiously optimistic that overall business conditions will improve through the rest of 2009 according to the latest D&B National Business Expectations Survey released today.
Small Business Support Line workers trained by beyondblue?
Today, the Australian Federal Minister for Small Business, Dr Craig Emerson, officially launched a free phone service that will provide advice and support for people running and working in small businesses.
Sammartino’s Creative Espresso – Ways to change your life
We’ve held on to this latest manic instalment of Steve Sammartino’s Creative Espresso series since he submitted it for inclusion in the July print edition, which didn’t eventuate. Here it is, in all its super-charged, creative glory.
Clive Peeters’ $20m internal fraud – are you vulnerable too?
The Australian business community is still reeling from the news that a Clive Peeters employee managed to embezzle $20m before anyone noticed. The obvious question arises: is anyone safe from this kind of fraud?
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