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Showing posts from March, 2022

What Is Business Strategy and How to Devise It In 2022?

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 Hi there, I am an entrepreneur, and it has been a smooth ride for me. I did face the usual challenges that every business owner has to face but I tried to overcome them with zeal and effort. One thing that helped me to stay focussed was my business strategy. I devised it long back and made sure that it could be reinvented to accommodate the changes in the internal and external environment. I knew that it would help me to work towards my goal. It helped me to budget and allocate the resources. I also measured my performance and it helped me. Here is an article that will allow you to build your own business strategy.  https://www.business2sell.com.au/blogs/strategy/what-is-business-strategy-and-how-to-devise-it-in

Eco-tech drone company Lord of the Trees raises $1.6 million for global reforestation

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 Eco-tech company Lord of the Trees (LOTT) has raised US$1.25 million (AUD $1.6 million) in a pre-seed round led by US venture capital firm Draper Associates, with funds to bolster the Sydney-based business' mission of using precision drone technology to restore ecosystems worldwide. The fresh cash injection has increased LOTT's valuation to $7 million and was backed by billionaire venture capitalist Tim Draper who has previously invested in global brands like Tesla, SpaceX, Twitter, Skype and Hotmail. The majority of LOTT’s new funding comes from Draper Associates’ ESG (environmental, social, and corporate governance) fund, which supports tech startups that possess environmental principles and have the potential to transform industries for the better. Read More: https://www.businessnewsaustralia.com/articles/eco-tech-drone-startup-raises--1-6-million.html

Make Out Meals to take on HelloFresh, Marley Spoon after hitting crowdfunding target

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 Melbourne-based Make Out Meals is looking to take its unique spin on meal kit subscription services to more Australians after hitting the minimum target of $300,000 in its equity crowdfunding raise yesterday. While the company can still raise up to $1 million on crowd sourced funding (CSF) platform Birchal, Make Out Meals is now guaranteed to walk away with some capital and a bunch of new investors supporting the meal kit platform’s journey. Founded by Billy Green in the midst of Melbourne’s first lockdown when venues in the city were closed to diners, Make Out Meals partners with local chefs to give customers high-quality ingredients and restaurant-level recipes. Read More: https://www.businessnewsaustralia.com/articles/make-out-meals-to-take-on-meal-kit-giants-after-hitting-crowdfunding-target.html

City of Melbourne pushes back outdoor dining and busking fees

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 The City of Melbourne is continuing to waive permit fees for outdoor dining and busking in a bid to support the hospitality industry and help reignite the city’s streets. In a meeting held last night, the council endorsed extending the program until 31 October and also agreed to prolong the partial closure of selected laneways to make room for al fresco diners.   Since the waiver program began in October 2020, the council has contributed $1.1 million in outdoor dining infrastructure and has waived a total of $1.65 million in fees.  Read More: https://www.businessnewsaustralia.com/articles/city-of-melbourne-pushes-back-outdoor-dining-and-busking-permit-fees.html