Articles
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Australia’s Business Investment Boom
Economists are expecting business spending on capital and equipment to remain high in 2006-7, and to be the main driver of economic growth in Australia this year. In 2005-6 mining and transport firms had the highest rates of expenditure, however companies in all sectors of the economy are optimistic about the economic outlook for 2006-7, with most planning to maintain their levels of investment.
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Venture Capital and Business Angels
Australian entrepreneurs who need to raise finance for their business might consider equity funding by Venture Capitalists or Business Angels. Valuable capital to grow the business can be generated in exchange for part-ownership, but a high rate of return on investment will be sought. Competition for such forms of investment is high, and you will need to put forward a convincing case to secure funding for your business.
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Best foot forward
Your business concept will also be examined when applying for business finance. How should you be prepared?
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