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:
- Trial period promise tops list: All small businesses want for Christmas is … the promised 90-day probation period for hiring people.
- Viking Direct/Office Depot and WinWeb Announce Exclusive Strategic Alliance to Help Small Business.: Leicester / London (UK), December 2, 2008 Viking Direct – part of Office Depot, a leading global provider of office products and services – together with WinWeb, the leading on-demand small business infrastructure provider, announced that they have entered into an exclusive strategic alliance to provide Viking Direct’s small business customers with access to WinWeb’s OnlineOffice™ product.Viking Direct has been granted exclusive rights by WinWeb to offer OnlineOffice™ in the office supplies sector in the UK.
- Small firms ‘see opportunity in crisis’: The heads of Australia’s up-and-coming companies see the economic crisis as an opportunity to further their market growth, research shows.
- Ad agency smells roses if flower sales bloom: A FLOWER and gift retailer and a recent start-up ad agency have struck an unusual remuneration deal based almost entirely on sales. Banjo Advertising will receive the majority of its income from the $8 million 1300 Flowers account based on a fixed fee for every bunch of flowers or gift sold. The Sydney start-up – backed by millionaire adman John Singleton – will also handle the clients’ media planning, though buying will be done by another agency, most likely to be Mitchell Communication Group.
- HSBC unveils new $5bn fund for SMEs: GLOBAL banking giant HSBC has set up a $US5 billion fund to help small and medium sized businesses.
- Money to be made, despite downturn: Despite the gloomy times, there are still entrepreneurs willing to take risks.
- Protect the bottom line: RUTH BAYLEY, managing director of a small family-run training business in Canberra, is not panicking about the economic downturn. She’s spent time carefully analysing her business strategy, fine-tuning her costs and strengthening her market position and believes she will succeed.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.