Why trade marks matter and five questions you should ask yourself about them
Because a good trade mark can be what sets a business apart from its competition, making it easy for customers to find and remember.
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13 tips every budding entrepreneur should keep in mind to build a successful start-up
Just about everybody has a good business idea so why don’t they always happen? It is the fear of failure that stops us from following through with our ideas.
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This is exactly why I choose to embrace business competition… and you should too!
It was scary and exciting to do something no one else was doing. But then some other people got the same idea and suddenly there were a few people doing the same thing. But rather than freaking out and holding all my cards close to my chest – I celebrated.
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Who walked away with $40k from BlueChilli and Westpac’s 2016 Innovation Challenge?
Westpac’s annual Innovation Challenge is one way that we support Australian businesses with the drive and imagination to shape the future of Australia. I’d like to congratulate all of this year’s finalists and the winner, Surgical Partners, for the outstanding quality of their ideas
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Tips on succeeding in retail from Australia’s largest online retailer of pet supplies
Philip Bartholomew, the founder of My Pet Warehouse, Australia’s largest online retailer of pet supplies, shares some tips on succeeding in retail.
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You need to know who exactly you are racing against. Here’s how to properly identify your competitors
You may have a unique idea for a new product or a service but it won’t stay that way and in may have even already been developed somewhere else
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Sleeping with the enemy: Australian business pioneers are hungry to collaborate with competitors
New research indicates that a small number of Australian businesses are willing to collaborate with their competitors in order to advance the industry they work in, drive innovation and build the market.
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Compete? Not always. Lessons on how to make co-opetition actually work from the Markets of Melbourne
New business operators often assume that success comes from crushing the competition. However, sometimes we need to work with our competitors for things to work at all. Co-opetition, they call it. Co-opetition is a powerful way to develop strategies and identify new market opportunities which would otherwise be out of scope for the one individual…
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Why Buttons ‘n’ Threads chose to pivot its startup using crowd funding
After more than six months of research and vetting suppliers my co-founder, Sanchit Baweja, and I launched Buttons ‘n’ Threads in September of 2013. Buttons ‘n’ Threads is a men’s fashion start-up focused on offering high quality custom clothing at affordable prices. Sizing up the competition… The idea itself wasn’t new. There were numerous competitors…
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More lessons for every entrepreneur from the final episode of Season 4 of Game of Thrones
The final episode of season 4 of Game of Thrones, The Children, yielded some interesting lessons. And, as with last week and the one before, they are good for business to bear in mind. The episode tied together a number of storylines and leaves enough cliff hangers to have any watchers champing at the bit…
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Calling all Minecrafters! Here’s your chance to get real and design a new smart city
Minecrafters – take a break. Here’s a once in a lifetime opportunity just for you. A group called The-Core is calling on Minecraft enthusiasts around the world to imagine and design a new smart city for Maroochydore in Queensland, Australia, using Miceraft, naturally. The global competition has attracted widespread interest to date with almost…
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Do you know your competitors as well as you know yourself?
How well do you really know your competitors? No doubt, you are probably aware of your main business rivals but do you have some level of intelligence at your fingertips? How much do you know about what they do, what your customers think about them and how your business matches up? Understanding your competition can give you a new perspective on your own business and is an important step when planning your marketing strategy.
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Your 5-minute pitch could mean $5,000 at the Sydney MyBiz Expo
Ambitious Australian business owners are being given the opportunity this October to receive fiscal and networking support to help meet their goals – all in a five-minute pitch!
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Submit your sustainability-related problem to Deakin University post graduate students
Deakin University is preparing a 5-day intensive workshop for its post graduate students, and if you’re an entrepreneur they need your help. Entrepreneurs are invited to submit their sustainability-related problem as a key challenge for a unique workshop. How does it work? A team of students will focus on your challenge while being mentored by professional leaders. They will develop of a solution and present it to a panel of judges who will award cash prizes.
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Seven ways to steal market share from your competition
Without a client to his name, Kenelm Tonkin started Tonkin Corporation in the highly competitive conference industry in 2000. He built a 24% market share in Australia and earned three BRW Fast 100 rankings. Here, he provides his seven steps to oust thy enemy from their hilltop fortress and claim your market share.
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30-hour SAP InnoJam competition comes to Australia
In the age of impatience and progressive technologies that make life easier, another competition arises. SAP recently announced its first Australian innovation competition, SAP InnoJam, from 30 – 31 July 2011.
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Have a genius idea for clean technology? The Australian Clean Technologies Ideas Competition says ‘bring it on!’
Climate change is the hot topic this week as PM Julia Gillard unveils her plan for a carbon tax. Never the wall-flower, Innovation Minister Kim Carr also wants to see Australia become a driving force in cleantech innovation, last week launching The Australian Clean Technologies Ideas Competition.
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Why is it so hard to start a succession plan? Writer’s block, or just procrastination?
Succession Planning for your business is an easy topic to grasp: it’s about putting a plan in place for your business so ultimately, when you sell – be it to family, staff or the market – you will not only maximise your price, but ensure an easy transition process that will increase the marketability to a prospective buyer. Well, that seems like a pretty important document to me, so why do so many of us put off what is akin to an ‘insurance plan’ for our future?
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Assistant Treasurer Shorten: “We are committed to banking competition”
In this interview, Assistant Treasurer Bill Shorten reaffirms the Government’s vision for encouraging greater banking competition. He explains the plan for supporting a so-called ‘fifth pillar’ of non-bank lenders and addresses the role of superannuation funds in achieving a budget surplus.
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ACCC’s decision against Metcash-Franklins deal ‘defies logic’, says IGA Chairman Mick Daly
Leon and Garry talk to the IGA National Board Chairman, Mick Daly, about the grocery industry and the Australian retail environment. In particular, he has much to say on the success of Metcash, IGA’s principal wholesaler, against competitors Woolworths and Coles, and the looming showdown with the ACCC over Metcash’s plans to acquire the Franklins supermarket chain.
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