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

How To Make Your Business A Popular Brand In 2024

Image
Becoming a popular brand in 2024 requires a strategic and customer-centric approach. Start by defining your unique value proposition and brand identity. Create a compelling online presence through a user-friendly website and active social media engagement. Utilize content marketing and SEO to improve visibility. Foster strong customer relationships through exceptional service, responsiveness, and personalized experiences. Encourage user-generated content and reviews to build trust. Embrace sustainability and social responsibility to resonate with conscious consumers. Invest in digital advertising to reach a broader audience. Continuously adapt to changing market trends and emerging technologies. By focusing on these strategies, your business can position itself as a sought-after brand in the competitive landscape of 2024. https://www.sellbusinessonline.com.au/how-to-make-your-business-a-popular-brand-in-2024/ 
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

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