Espirit is closing its doors in Australia – over 60 outlets will be closed resulting in 350 people losing their jobs. It is unclear yet, whether they will also close their eCommerce websites. The company has been operating at a loss for some time and has...
Ever wonder what the most profitable industries to enter for small business in Australia are? Last week, Mobile App Invoice2go compiled the invoicing activity of more than 23,000 small businesses in Australia, to discover the most lucrative and profitable industries...
Australia’s rapidly expanding markets has now overtaken the U.S. in terms of FinTech Adoption (according to Noah Breslow, Chief Executive of U.S. SME lending company, OnDeck Capital). Breslow says that in the Asia-Pacific region, Australia is now the second-largest...
The market in China is sought after by many entrepreneurs but has been historically proven to be a tough nut to crack. However, Australian duo Teresa Truda and Zia Word have obtained $50,000 worth of funding from Chinaccelerator (an accelerator program based in...
Australian start up “Shoes of Prey” appears to be in a difficult situation, with attempts to secure new funding. Founded in 2009, the Australian start-up showed great promise, introducing a new way for women to shop for shoes online. They offered a...
While globalisation has been rapidly growing for the past decade, it seems this trend is accelerating as business owners realise that there are more opportunities overseas. For example, approximately 84% of small business firms are already present in the United States...
“Our partnership with OPMC stands out for the responsiveness, ease of collaboration, and shared commitment to our joint customers. Their team is quick to address challenges and always prioritizes our joint customers’ needs, leading to innovative solutions. Working with them is seamless, thanks to their understanding and proactive approach. We’re grateful for this partnership and the positive impact it’s had on our business.”