Billabong shares slump on shock profit warning, Time running out for investment allowance, Highs and lows of SME boards, Resume buzzwords explained

home | contact us | advertise Dear SmartCompany reader, Today on SmartCompany we look at Billabong’s shock profit warning, explain why SMEs looking to claim the investment allowance tax break need to move quickly, and extract five lessons from the success of The Athlete’s Foot, one retailer actually growing sales right now. Plus in Entrepreneur Watch, James Thomson provides a slightly cheeky translation of some resume buzzwords. For all this and more, head to our home page. News Billabong shocks market with profit downgrade as Rip Curl swoops on Perth-based retail chain SMEs warned to install equipment before December 31 to claim investment-allowance tax break Five ways The Athlete’s Foot’s is bucking the ugly retail trend Retailers warned to cut shipping costs as big brands push Free Shipping Day worldwide Aussie Home Loans John Symond slams bank reforms as pathetic, but CBA boss Ralph Norris says market is highly competitive Education group Navitas buys SAE Group from former rich list member Tom Misner for $289 million The entrepreneur evangelist – iiNet founder Michael Malone’s start-up lessons Consumer sentiment up 0.2% in December: Economy Roundup Court dismisses Microsoft co-founder Paul Allen’s patent infringement claims as Yahoo lays off hundreds of workers Welcome to America and China’s stimulus arms race: Kohler Lunch with an Entrepreneur Bring on the board Kate Costello from Governance Matters has been advising boards for 25 years. She shares her thoughts on the potential conflicts between management and the board. BY JAMES THOMSON. Top Story Alcohol industry in better spirits As the economy returns to strong growth, demand from liquor retailers, restaurants, pubs and bars will see the alcohol industry enjoy steady profits. BY ROBERT BRYANT. Aunty B My key employee has left with a quarter of my business. How do I shore up the business? Don't worry. The renewed focus is going to help your business get to the next level and next Christmas, as you lift your champagne glass, you will be toasting her departure! Trends Google acquires payments company ZetaWire Toyota pays customers to tweet iPad to take 12% of PC market Profitable growth Julia Bickerstaff What is your decision default setting? Decision default settings are nature's way of helping us save time - if we laboured over everything we'd never get anything done. Internet secrets Craig Reardon Selling online: 10 tips for success How to leverage your physical retail outlet to succeed online. Property Investor Michael Yardney The year the property markets stalled Rising interest rates, decreasing affordability and economic uncertainty were a volatile mix that stalled the property boom we experienced in the first half of the year. Entrepreneur Watch James Thomson Translating CV buzzwords A new list of the most over-used phrases in resumes on LinkedIn is a must-read for entrepreneurs. Coming Up How five big structural shifts have changed the retail sector forever. Best wishes, Amanda Gome Founder / Publisher SmartCompany.com.au You can often find companies where a sole individual, a sole director, has appreciated that they might not have certain skills required to take the company through a good growth phase. What I found is that individuals who are prepared to really acknowledge where their skill gaps lie and fill those skill gaps by finding absolutely tremendous people, will be successful. Kate Costello, Governance Matters Click here for more. FOLLOW US OUR PARTNERS UPCOMING EVENTS

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