Young Australian designer Rhaman Donovan is representing Australia at the WorldSkills International 2011, setting off to London in October to test her skills and represent her country in the art of fashion design.
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Australian mobile payment service mHITs found it hard to gain traction in the local market competing with the big banks. So founder Harold Dimpel looked to the developing world where banks can’t get a foot in the door.
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Covering Costs: To market effectively, businesses need to spend money. Peter Mace explains how to calculate how much and where to go to access funding.
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Two musicians who wanted to broadcast their music online have devised an invention that is revolutionising the video streaming industry.
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The nature of our international trade is changing, along with channels of promotion and distribution. So who is leading the charge and who will be carrying us into the future?
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With Chris Simpson In the midst of a trade rush to the East, don’t forget old friends. Just ‘across the ditch’ (the Tasman Sea) is New Zealand, an almost entirely middle class society with a sophisticated marketplace and the buying power of nearly 4.5 million people. Australia has a strong history of trade with New [...]
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Business partners Ben Lipschitz and Rick Munitz are a lawyer and an industrial designer brought together by a quest to revolutionise women’s footwear. Focusing on comfort and convenience, the 26-year-old entrepreneurs have invented a pair of thongs that triple-fold into a carry-anywhere pouch. “I had this idea, having seen a few girls walking around in [...]
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A value proposition is just one way of communicating how a business differs from the competition. When considering a business value proposition, a good place to start is to think about what is in it for the customer, what benefit will be derived from them using the product or service being offered? Often, businesses confuse [...]
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Developing business in overseas markets can be a significantly rewarding exercise—particularly for medium and small sized businesses. For most businesses the size of overseas markets is staggering in comparison to the total market size of domestic markets. The following are just some of the benefits of exporting: Access to much larger markets—securing a very small [...]
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Africa’s combined consumer spending of US$860 billion in 2008 will grow to more than US$1.4 trillion in 2020, according to the McKinsey Global Institute. Released in June 2010, its research paper MGI African Economies gives an interesting forecast for Africa in the next decade. The report concluded that growing consumer purchasing power and increased foreign [...]
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