First Nations entrepreneurs are still fighting 'the white boys club', as major banks try to improve

 Rayleen Brown has conquered many hurdles to set up a small catering business, and now she may face one of her biggest yet: getting a loan from Australia's private finance sector.

"I've always been a bit afraid to go into that space," she says.

The Arrernte and Ngangiwumirri woman started out many years ago with a business that pioneered bush foods in the Northern Territory.

Knowing many people's reluctance to native ingredients, Rayleen and her co-founder Gina infused baked goods with desert quandong and found ways to use marinade recipes passed down by her father's kin.

Read More: https://www.abc.net.au/news/2023-01-18/first-nations-business-finance-growth-banking-racism/101775274



Comments

Post a Comment

Popular posts from this blog

THE ULTIMATE BOOKKEEPING CHECKLIST FOR NEW BUSINESSES

Image
The Ultimate Bookkeeping Checklist for New Businesses is a comprehensive guide designed to help new businesses navigate the complexities of bookkeeping with ease. This checklist covers all essential aspects of bookkeeping, including setting up a chart of accounts, organizing financial documents, and establishing a bookkeeping system. It also provides tips for maintaining accurate records, tracking expenses, and preparing for tax season. With step-by-step instructions and practical advice, this checklist is an invaluable resource for new business owners looking to manage their finances effectively and ensure long-term success. To read continue:  https://www.agibookkeeping.com.au/the-ultimate-bookkeeping-checklist-for-new-businesses/
Read more

WHY BUDGETING IS IMPORTANT FOR BUSINESSES?

Image
 Hi all, Budgeting is an integral part of human and business life. You cannot move an inch ahead unless you have planned the finances in a logical manner. You need to identify the available funds, the expected expenses and the estimated income for a defined time period with the help of a bookkeeper to maintain the cash flow of the business. Without this knowledge, you cannot survive the challenges and the upheavals that can affect the business financially and lead to deficits and bad debts. Budgeting ensures that you can meet your objectives and have the capital needed to complete all the projects and tasks. To know more about budgeting, read the article shared below.   https://www.agibookkeeping.com.au/why-budgeting-is-important-for-businesses/
Read more

Digital business management platform Capsifi names former IDP Education CEO Andrew Barkla as chair

Image
 Nearly six months after stepping aside as the CEO of IDP Education (ASX: IEL), Andrew Barkla has picked up a new gig as chairman of Capsifi - an Australian business management platform based in Sydney. His appointment forms part of Capsifi’s new leadership team, which also includes the appointment of former Salesforce chief commercial officer Australia Ian McAdam as CEO, and former Imperva ANZ vice president Tony Mascarenhas as chief revenue officer. As part of the reshuffle, Capsifi founder and former CEO Dr Terry Roach has decided to hand over the reins, instead choosing to return his focus to leading the strategy and vision for product innovation at the software developer as chief innovation officer. Read More: https://www.businessnewsaustralia.com/articles/digital-business-management-platform-capsifi-names-former-idp-education-ceo-andrew-barkla-as-chair.html
Read more