Business Ideas For Melbourne

 Hi all, I had been working on starting my own business for a long time. However, the idea seemed non workable whenever we thought about the financial part. I was unable to find a business that required minimum investment and could start generating good returns in no time. I kept researching and was informed by someone to look for businesses for sale in Melbourne. I liked the idea of getting a customer base and policies in place while buying the business. I took up the challenge and found that it was easiest to start earning with an existing small business. So, here is an article that lists the best business ideas which can bring excellent returns.  Read More: https://www.business2sell.com.au/blogs/evaluation/best-small-business-ideas-in-australia-with-high-returns

 Endeavor Asset Management and Palisade Impact have backed ultra-fast internet provider GigaComm in a $20.5 million oversubscribed funding round that will support the telco’s foray into Brisbane and Canberra.   The Melbourne-based outfit claims to deliver speeds up to a Gigabit per second, which is more than 10 times faster than the national download average in Australia. The network, which incorporates an optical fibre and fixed wireless technology known as mmWave, is completely independent and bypasses the National Broadband Network (NBN).  mmWave is a short-range, high-frequency network technology delivered via small antennae, typically placed on the roofs of buildings. The frequencies are capable of carrying similar capacities to fibre, without the need to dig up streets and lay cables. Read More: https://www.businessnewsaustralia.com/articles/ultra-fast-internet-provider-gigacomm-secures--20-5-million-to-enter-new-australian-markets.html

 In the 25 years Helen Cahill has kept the books for her small business near Melbourne Airport, she's never had any trouble doing online banking. So on a particularly busy afternoon on May 26, when she sat down at her desk, she thought it was strange it was taking so long to log in.  She'd googled "Bendigo Bank" and clicked on the first link that came up, which was a Google ad for the bank. She then keyed in her login details, including a two-factor authentication pin.  What Ms Cahill soon discovered was that she had clicked on a malicious advertisement instead of the Bendigo Bank website, and that a scammer had gained access to her account. Read More: https://www.abc.net.au/news/2022-06-21/scammers-using-text-messages-calls-emails-fake-ads-to-get-money/101167848

 After two years of extensive trials, Australian autonomous vehicle (AV) manufacturer Applied EV has developed the first self-driving cabinless commercial vehicle tested on the streets of Europe, alongside its UK-based partner Oxbotica. Built and developed in Australia, the Applied EV vehicle Blanc Robot is a modular transport platform that can be configured for specific applications, such as delivery or industrial logistics. It carries an exclusive centralised software and control system named BackBone that transforms any car into a software-defined vehicle. Referred to as 'the smartphone of autonomous vehicles', Applied EV’s pioneering technology was chosen for its unique capabilities by Oxbotica and deployed on the streets of Oxford in the UK with no onboard driver. Read More: https://www.businessnewsaustralia.com/articles/applied-ev-partners-with-oxbotica-to-create-first-cabinless-av-fully-road-tested-in-europe.

 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 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

 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