Hello there,
Many entrepreneurs are following the industrialist pathway and not paying any attention to their carbon emissions. However, this is a grave concern for a country like ours where we have been witnessing climate change. As a B Corp business owner, I want all small and big entities to unite and work towards a sustainable commercial economy. It involves making the employees a part of global warming campaigns and relying on solar power and rainwater harvesting to reduce wastage of resources. We need to build energy-efficient offices and reduces freight transportation and plastic packaging. The stress should be on reusing and recycling. Here is an article that will help you achieve this goal. https://www.business2sell.com.au/blogs/strategy/how-to-make-your-business-sustainable
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After learning from a previous business that you need to "burn money to make money" in the digital world, the founder of cruelty-free hair care company Georgiemane is now rapidly scaling up the company from an upsized facility as demand for his Australian-made products shows no signs of abating.
Selling 800 products per day on the e-commerce platform, George Papura’s Sydney-based Georgiemane is on track to more than double its revenue in FY22 as its loyal clientele including 150,000 Instagram followers continue to seek out its hair masks, shampoo, scrubs and serums. Georgiemane first captured hearts when it launched a 10-minute hair mask in early 2020, which was developed after testing more than 20 formulations across three major trials. Read More: https://www.businessnewsaustralia.com/articles/georgiemane-draft.html Centuria Capital Group (ASX: CNI) has snared an emerging inner-city retail and commercial centre in Brisbane’s West End for $202 million in an off-market deal.
The acquisition of the commercial component of West Village, a $1 billion master-planned development being undertaken by Japan’s Sekisui House, is a three-phase transaction that will see Centuria Capital acquire future stages of the project as they are developed. The deal comprises 16,560sqm of modern retail facilities in addition to complementary hospitality, wellness and office accommodation throughout five distinct buildings. Read More: https://www.businessnewsaustralia.com/articles/centuria-capital-secures-west-village-retail-for--202m.html Despite delivering record sales revenue for the first half of FY22, online retailer Kogan.com (ASX: KGN) has seen a big fall in underlying profit as supply chain disruptions take their toll.
Underlying EBITDA dropped by 58 per cent year-on-year, with the company stating it has been “impacted by continuing supply chain interruptions as a result of the current COVID situation and associated fluctuations in demand”. Kogan’s gross profit of $112.4 million reflects a 4.6 per cent decline compared to the same time last year ($117.6 million). This is despite gross sales revenue surging more than 9 per cent to $698 million, primarily driven by the rapid scaling of its marketplace platform. www.businessnewsaustralia.com/articles/supply-chain-issues-woes-sees-kogan-profit-dive-58-per-cent.html |
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February 2024
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