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:
- Credit curb hits small businesses: Lack of credit is preventing many small businesses from expanding or investing in new projects.
- Keep your heads, small business told: Brisbane businesses told: stay calm to survive the crisis. It’s crunch time for CBD shops.
- US job cuts soar as small business hurts: BUSINESS owners in the US are starting to cut workers, with many firing a friend or relative to stay afloat.
- Watch the Video Of The CNBC Power Lunch Interview With WinWeb CEO Stefan Töpfer: Titled ‘Small Business in Trouble’ WinWeb CEO Stefan Töpfer talks about the challenges faced by small business during this recession.
- Companies brace for the worst: THE financial crisis is continuing to slam small business, with 59pc believing this will be the worst quarter yet.
- Five lessons from the collapse of Storm Financial: Storm Financial’s stumble into administrator’s hands wasn’t just a result of the financial crisis – its strategy left it badly exposed and distracted. JAMES THOMSON picks over the remains and looks at the salient lessons for every entrepreneur.
- Telecom NZ to close Ferrit.co.nz: Telecom New Zealand’s foray into online shopping via the website Ferrit is over, with the telecommunications company closing the site launched in 2005.
- ASIC hiring white hat hackers: The Australian Securities and Investments Commission (ASIC) has started looking for a penetration testing firm to find security weaknesses in its web and IT infrastructure.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.