China is a popular business hub for both local and foreign companies. Setting up a physical presence in a country that offers many opportunities for your business operations is a strategic move. China is renowned for its dark factories and automated processes and any business where manufacturing plays a role can benefit from this expertise,… Read more »
According to Fidelity Future Leaders Fund, only 20 per cent of Australian companies that expand overseas succeed on a sustainable basis. Expanding into a new market in a new territory can be a difficult process and often requires a business restructure to accommodate new and larger processes and orders. G&M Cosmetics founder by Zvonko Jordanov, explains… Read more »
There are so many opportunities for Australian businesses going abroad, with research showing exporters, on average, grow faster, are more profitable, increase talent attraction and pay higher wages, than non-exporters. Asia, in particular, can be a lucrative market for Australian exporters, with a range of free trade agreements making it an appealing export destination. However,… Read more »
Many Australian companies are successful at home and some believe if they expanded globally, their performances and profitability would improve tenfold so why aren’t they making the commitment to spread their wings? There are barriers for some in business, where the fear of failure is the anvil of hesitation weighing down aspirations of international success.… Read more »
According to a new survey, released by global accounting body CPA Australia, small businesses in Australia are crawling behind other markets on the key drivers of growth. The survey demonstrated that growing small businesses are likely to be focussing on innovation, e-commerce, social media, training and exporting. Yet, Australia came last out of the eight… Read more »
Founders Nick Shewring & Jonah Merchant believe that combining knowledge and social networks are crucial to success in the future business environment.
Australian small and medium sized retailers looking to sell in China will now find it easier, thanks to a new strategic collaboration agreement between Austrade and Chinese e-commerce giant Alibaba.
Based in the Adelaide suburb of Thebarton in South Australia, FCT Flames is one of the first small businesses to benefit from a bond facility provided by Efic, Australia’s export finance agency.
The Small Business Export Loan, launched by Efic in April, is designed to meet the needs of small businesses seeking export finance.
Wellington Chocolate Factory is New Zealand’s first bean-to-bar factory intentionally making products with a commitment to ethical trade and production transparency.