Zoe's Business Solutions

 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/

 Mining magnate Andrew ‘Twiggy’ Forrest has backed new biotech venture capital group Tenmile to the tune of $250 million in a move that he hopes will fast-track the development of ‘life-changing’ health technology. Tattarang, the private investment company founded by Forrest and his wife Nicola, has declared the placement as an initial investment in Tenmile which is being led by Steve Burnell, a former executive of biotech giant Roche Group with an extensive career in the technology and healthcare sectors including experience in mergers and acquisitions. Tenmile has a number of key investments in its portfolio including the listed Emyria (ASX: EMD), which produces synthetic CBD-based products. The Forrests made a separate $5 million investment in Emyira in November last year through Tatterang, taking a 7.3 per cent interest in the company. Read More: https://www.businessnewsaustralia.com/articles/forrest-aims-to-fast-track-life-changing-health-tech-with--250m-investment-in-tenmile....

 Australia’s dominant online vehicle marketplace Carsales.com (ASX: CAR) is firing on all cylinders with buoyant conditions in its domestic and international operations leading to a 23 per cent increase in FY22 profit to $160.8 million. The result has been bolstered by a bigger contribution from US vehicle marketplace Trader Interactive after Carsales.com earlier this year bought out the remaining 51 per cent it didn’t already own for about $1.17 billion. Trader Interactive is expected to deliver low double-digit earnings per share growth in the first full year of ownership, with higher upside in the following years. Carsales.com posted a 19 per cent increase in revenue to $509.1 million in FY22, while underlying EBITA rose 12 per cent to $269.9 million. Read More: https://www.businessnewsaustralia.com/articles/carsales-com-firing-on-all-cylinders-as-profit-accelerates-23-per-cent-to--161m.html

 Synthetic cannabinoid-based product developer Emyria (ASX: EMD) has been given the green light to proceed with a Phase 3 clinical trial of its first ultra-pure CBD candidate, EMD-RX5, in a major milestone for the company. The trial, supported by Emyria’s clinical service subsidiary Emerald Clinics, is aimed at assessing the efficacy of two dose strengths of EMD-RX5 to treat the psychological distress of patients suffering from chronic pain. A successful trial will support Emyria’s registration of EMD-RX5 with the Therapeutic Goods Administration as a Schedule 3, over-the-counter treatment. Read More: https://www.businessnewsaustralia.com/articles/emyria-gets-green-light-for-final-trials-of-cbd-pain-distress-treatment.html

 Hello there, Sometimes you feel that you have not been able to achieve the success you should have. Thus, most of us are dissatisfied with our professional lives. I did not want to end it like that and decided to become an entrepreneur at 50. My family thought that I was having a mid-life crisis, but it was not that. I really wanted to do something of my own. However, at my age, I didn’t want to go through the hassle of starting a business from the ground up. So, I decided to purchase a business for sale in Brisbane and it worked wonders for me. Here is an article that will help you to follow suit if you wish to do the same.  https://www.business2sell.com.au/blogs/evaluation/top--businesses-for-sale-in-brisbane-right-now

 Smooth Messenger, a Melbourne-based text messaging app developed four years ago by entrepreneur Jeremy Nagel, has been snapped up by MessageMedia for an undisclosed sum. The app is one of the most widely used plug-ins on the rapidly expanding customer relationship management (CRM) platform Zoho, which is owned by an Indian corporation of the same name and has more than 75 million users worldwide. Nagel, a self-taught full-stack developer, cut his teeth in programming by adapting Zoho Creator to find a database solution required for a non-profit organisation where he was volunteering at the time.  Read More: https://www.businessnewsaustralia.com/articles/messagemedia-snares-zoho-text-messaging-app-smooth-messenger.html

 Jaxsta (ASX: JXT) founder Jacqui Louez Schoorl has today announced she will step down as director of the company, just three months after leaving her role as CEO of the music credits database. It brings to a close what Schoorl described as “an amazing journey”, having founded the Sydney-based company officially in 2015 and subsequently listing it on the ASX in late-December 2018. “We are now the largest official music credits database in the world. Jaxsta helps so many creatives enhance their career opportunities by most importantly ensuring they get credit where credit is due,” Schoorl said. Read More: https://www.businessnewsaustralia.com/articles/founder-of-music-credits-platform-jaxsta-leaves-the-company.html