Entrepreneur Business: Pub group collapses, Government considers flood recovery levy, Receivers grab more of rich list developer’s assets, Did Yahoo!7 overpay for Spreets?

Dear SmartCompany reader,

Today on SmartCompany we look at the latest collapse in the pub sector, examine the Government’s plans for a levy to help pay for flood recovery costs and examine the outlook for the commercial property sector. We also try to answer the question of whether Yahoo!7 overpaid for group buying site Spreets and in Entrepreneur Watch, James Thomson tries to sort out why companies are collapsing at the same time that asset prices are rising.

And don’t forget to download our new FREE eBook, Seven more great Victorian businesses. You’ll find Q&As with some of the state’s top entrepreneurs, including David Haymes, Philip Wienman and Shannon Trueman.

For all this and more, head to our home page.

News

How I
How I marketed myself out of a $150,000 black hole When Rob Nixon found his bookkeeper had been misstating key figures, he moved into action, marketing himself out of the problem. Here's how he did it. BY PATRICK STAFFORD.

Exit Strategies
Threats and opportunities Know how to identify which assets and processes are appropriate for strategic value exits. BY TOM MCKASKILL.

Aunty B
I’m ready to sell, but it's only been three months. What should I do? Look, you are shell-shocked. Honestly. Starting a business feels like you have been lowered into a war zone without a gun.

Trends

Selling strategies
Trent Leyshan Your profit centre If you hire someone responsible for taking inbound enquires, make sure they're equipped with the right skills and support.

The Futurist
Colin Benjamin Take the country road As we head into the recovery and adjust to the possibility of a levy to pay for the flood infrastructure restoration work, smart companies need to prepare for a slow and steady return to growth.

Female Entrepreneur
Naomi Simson It's all about time How would you feel if 21 hours was the new norm for the working week?

Entrepreneur Watch
James Thomson Stuck between stations In some sectors, asset prices are climbing. In others, the collapses keep coming. Entrepreneurs need to be careful.

Have a great weekend,

Amanda Gome
Founder / Publisher
SmartCompany.com.au

Many businesses get into trouble during their lifecycles, and I’ve had my fair share of them. But I think if you have marketing and sales skills within the business, and some creativity there, you have the ability to market and sell yourself out of any problem.

The very first thing you’ve got to say is, “Let’s trade our way out of this”. But whatever you do, it has to be in line with your current products.

Rob Nixon, Nixon Advantage

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