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Showing posts from September, 2022

What Are The 9 Key Concepts In Entrepreneurship?

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 Hello all, Going forward I have decided that I will never ignore what my seniors told me when I left my job for entrepreneurship. They told me that I needed to gain more experience, but I did not listen to them. I started my own business because I thought I was ready. However, I could not manage the venture with its people and products. It was challenging to create processes for every department, control their work and stay on top of the finances. I started making losses and had to shut it down. Now, I understood my mistake of not paying attention to learning the key concepts in entrepreneurship. Here is an article that will help you understand them. https://www.business2sell.com.au/blogs/evaluation/what-are-the--key-concepts-in-entrepreneurship

AI is creeping into our courts. Should we be concerned?

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 Imagine finding yourself in court but rather than a human judge considering your case, a computer will instead be considering your evidence.  In Estonia, the automation of small contract disputes is being actively pursued. The Estonian Ministry of Justice says it will seek to clear a backlog of cases using 100 so-called ‘AI judges’, the intention being to give human judges more time to deal with the more complex disputes.   Reportedly, the project could adjudicate small claim disputes under 7,000 euros. In concept, the two parties would upload documents and other relevant information, and the AI system will issue a decision that can be appealed to a human judge.  Read More: https://www.businessnewsaustralia.com/articles/ai-is-creeping-into-our-courts--should-we-be-concerned-.html

Founder of micro-investing platform Raiz to depart

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Raiz Invest (ASX: RZI) managing director and joint CEO George Lucas has today announced he will be leaving the company from 31 December 2022, eight years after he founded the micro-investment platform. Lucas, who founded the company in 2014 in order to bringing the Acorns platform to the Australian market, said he was stepping down in order to ‘pursue other opportunities’. Since 2014, the company - which lets users save and invest spare change into exchange traded funds - has seen its assets under management grow to more than $1 billion from more than 1.5 million investment accounts. Read More: https://www.businessnewsaustralia.com/articles/founder-of-micro-investing-platform-raiz-to-depart.html

LGP, MGC Pharma fined for alleged unlawful advertising of medicinal cannabis products

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 Two listed medicinal cannabis companies have been hit with 51 infringement notices over the alleged unlawful advertising of products online, leading to cumulative fines totalling $679,920. Of the two companies, Little Green Pharma (ASX: LGP) was slugged with the heaviest penalty of $372,960 stemming from 28 infringement notices, while MGC Pharmaceuticals (ASX: MXC) has been ordered to pay $306,960 in relation to 23 notices from the Therapeutic Goods Administration (TGA). In an ASX statement, LGP says the fines relate to the promotion of its medicinal cannabis products online and on certain social media channels, which the watchdog alleges breaches the TGA Act. Read More: https://www.businessnewsaustralia.com/articles/lgp-mgc-pharma-fined-for-alleged-unlawfu-ladvertising-of-medicinal-cannabis-products.html

10 Items That Your Professional Movers Won’t Move

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 Hello All! Relocating home is the most difficult steps as you have to pack everything and transport your stuff to a new place. It can be physically and mentally challenging for people like me. I am not an organised person and that’s why we faced a lot of problems while packing my household belongings for home relocation. Make sure you create a list of items you no longer need and belongings you want to take along with you. When hiring professional removalists Melbourne, make sure you ask them what they are not allowed or restricted to relocate. Some of them are hazardous items, car batteries, chemical-laden cleaners, nail paints, plants, etc. For more details, read the article I am sharing below on my page.  https://www.betterremovalistsmelbourne.com.au/10-items-that-your-professional-movers-wont-move/

Proptech CIM set to bolster global footprint after raising $10m in Series A

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 A Sydney-based software company using machine algorithms to monitor building maintenance and carbon emissions has secured $10 million in a Series A round led by Five V Capital. Continuous Intelligent Monitoring (CIM) has also received support from Carthona Capital and backing from property executives such as Mark Steinert, who is the former CEO of Stockland (ASX: SGP). The company has already established a presence in Europe, but the capital injection will support an expansion into Asia and North America. In addition, the raise will help double CIM’s staff headcount of 70 over the next 12 months. Read More: https://www.businessnewsaustralia.com/articles/proptech-cim-looks-to-bolster-global-footprint-after-raising--10m-in-series-a.html

Viva Energy picks up Coles Express network for $300 million

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 Coles Group (ASX: COL) has today announced it will sell its 710 Coles Express sites to Viva Energy Group (ASX: VEA) for $300 million, with the retail giant placing greater focus on its supermarket and liquor businesses. As part of the deal, Viva Energy will own and operate the convenience retail sites currently operated by Coles, and accordingly, the ‘Fuel and Convenience Alliance’ between the two parties - which was due to end in 2029 - will terminate at transaction completion. Speaking at a press conference this morning, Coles CEO Steven Cain said the deal was a “win-win” for both parties. Read More: https://www.businessnewsaustralia.com/articles/viva-energy-picks-up-coles-express-network-for--300-million.html

How citizen developers can help save Australian businesses from IT skills shortage

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 Warnings from business leaders across Australia, including Coles CEO Steven Cain, have highlighted widespread delays in digital projects and investment due to a lack of technology skills in the country. In the wake of the pandemic, the shortage of IT skills in the country has accelerated, along with skills crises in countless other sectors. Broadly, there are two market forces driving the need for software programmers in the local market: digital transformation acceleration across the business landscape, as noted by industry analyst firm Gartner; and the skills shortage arising from a historically high unemployment rate, amplified by the border closures during COVID-19. According to recent data from recruitment firm Hays, the programming languages, frameworks and products that are most sought after can vary from organisation to organisation, but it’s undeniable that significant demand exists for software developers within the IT sector. Read More: https://www.businessnewsaustralia.com