Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:
- Angels more important when its hell out there: With economics the way they are, angel investors will only be attracted to the most savvy entrepreneurial schemes, says Colin McKinnon. “There is money out there but it’s harder to come by, so entrepreneurs that get the money from…
- Report small business exploitation, Govt urges: The Federal Government is urging small businesses to report any cases where they are being exploited by bigger corporations deliberately not paying bills on time.
- Small business to charge Govt for late payment: Small businesses will have the right to charge the Federal Government interest on new contracts if it fails to pay on time, Prime Minister Kevin Rudd says.
- Retailers cautiously optimistic following Small Business Summit: Peak retail industry body the Australian Retailers Association (ARA) left optimistic the Rudd Government is providing the leadership needed to respond to the global financial crisis following the Small Business Summit on Friday, but added that more could be done to help small business.
- Small business talkfest boosts our confidence: THE Small Business Summit in Brisbane on Friday was more about what the Rudd Government has done than what it will do.
- WinWeb Supports Global Entrepreneurship Week 2008: WinWeb announces today it’s global support for Global Entrepreneurship Week 2008 and Make Your Mark – Enterprise Week 2008 running from November 17th to the 23rd, to foster small business start-ups and the entrepreneurs of the future.
- Rudd vows to help battlers survive financial crisis: PRIME Minister Kevin Rudd has answered small-business concerns about fallout from the global financial crisis by vowing to do “whatever it takes” to ensure lending continues and growth is maintained.
- Banks reassure small business lending will continue: The banking sector has assured small business owners they will still be lent money, despite the global financial crisis.
- Help for small business on government contracts: BUSINESSES with commonwealth contracts will soon be able to start slugging the federal Government with interest charges when it fails to pay its bills on time.
- Rudd announces small business package : The federal government will do “whatever is necessary” to support the continued growth of Australian small businesses through the economic crisis, Prime Minister Kevin Rudd says.
- Govt to meet small business as companies freeze funds: The Federal Government says representatives of major banks have been invited to a summit with small business owners in Brisbane today, to try to restore confidence in lending.
- Xero partners with Telecom, chasing small business customers: Home-growing accounting software company Xero has signed on to Telecom’s online small business hub, launched last month.
- Australian PM fronts small business community: Its expected that the Australian Prime Minister, Kevin Rudd, will be grilled on tax relief and Industrial Relations issues by small business owners today.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.