Sydney Business Trends

Tuesday, April 11, 2023

Why Ethics and Social Responsibility Matter to Modern Businesses?

Hello,

Business ethics are not something that needs to be done to follow the herd mentality. It is a requirement to run a morally correct workplace that is not involved in any wrongdoing. We follow the laws and comply with safety and hygiene standards in our office. We also allow the workers to participate in the decision-making and help them to put their views on the table. Also, we take part in community events like fundraisers and sports meets to encourage our community and provide sponsorships. It feels good to do something for others. I am sharing an article to explain why ethics are important.

https://www.business2sell.com.au/blogs/evaluation/why-ethics-and-social-responsibility-matter-to-modern-businesses

After selling LVLY for $35m, Hannah Spilva is giving back to Aussie startups

One year after selling her flower and gift retail platform for $35 million, LVLY co-founder Hannah Spilva has unveiled she is pumping some of her windfall back into promising startups through Melbourne-based consulting firm Radical Ventures.

Founded alongside her husband Konrad Spilva, the former CEO of global advertising agency Isobar (now Dentsu Creative), the couple has joined forces to share their tech and e-commerce expertise and help local direct-to-consumer businesses scale from the ground up.

Customers are allies, not outsiders: How CEOs are responding to an ever-changing business landscape

Labour shortages and technology disruption might be in the headlines, but Australian business leaders say changing customer demands will have the greatest impact on profits over the next decade.

Responding to PwC Australia’s 26th CEO Survey, 84 per cent of leaders nominated ‘changing customer demands and preferences’ as likely to have a moderate to very large impact on profitability in the next 10 years.

Hydrogen fuel-powered automaker H2X is raising capital ahead of London Stock Exchange listing

H2X Global, a manufacturer of hydrogen fuel cell vehicles, is accelerating towards listing on the London Stock Exchange (LSE) within the next 12 months and has tapped two corporate advisory firms to make it happen.

London-based The Ince Group and Australian firm Barclay Pearce Capital (BPC) have penned a joint mandate to raise pre-IPO capital for H2X Global prior to the LSE listing.

The exact details about the amount to be raised were not disclosed, but the announcement represents confirmation that Sydney-headquartered H2X will be going public.

Thursday, March 30, 2023

How To Run Multiple Businesses At Once

Hey All,

Running a business is not as challenging as people think but running two businesses is quite challenging. However, many entrepreneurs are taking the path to double up their income. It can be interesting but it can also create problems if you cannot handle the workload. Many entrepreneurs who run multiple businesses utilise the talent of their staff to get most of the work done and then rest easy. They also try to have the two businesses moved into one building so that they can monitor them closely without wasting time on travelling. Here is an article that will help you understand how business owners run multiple businesses at once.

https://www.business2sell.com.au/blogs/strategy/how-to-run-multiple-businesses-at-once

Everyone wants to make ‘Ryan Reynolds money’

Endorsing a big brand in return for cash is so last year. Now celebrities are clamouring for equity in the companies they’re promoting, in the hope of a bigger payday.

In short, everyone wants to be Ryan Reynolds, the Canadian actor and business mogul who sold his Aviation Gin brand to Diageo in 2020 for $US610 million ($909 million) only to trump that this month with the $US1.35 billion sale of his Mint Mobile to T-Mobile US.

Millionaire racehorse owners put $40 million western Sydney pub up for sale

The Kelly family, synonymous with thoroughbred horse racing and breeding, has decided to sell its Village Hotel in Sydney’s west after ownership of close to 40 years at a time when the pub sector is riding high.

A price of about $40 million is tipped for the sprawling property on 8422 square metres in the heart of Mount Druitt, 45 kilometres west of the Sydney CBD.