To an entrepreneur, access to great business opportunities and resources is vital. According to recent research, while Australia does not lag behind in terms of idea generation, there is often a gap in turning business ideas into reality as the country's entrepreneurial climate is different from that of other developed nations. —
To bridge this gap, VentureWatch.com.au has been launched as a comprehensive platform for local and overseas investors to find business resources and investment opportunities in Australia. The free service offers an easily navigable directory to help members search for joint venture partners, advertise a product idea, get into franchising, property investment, or buy over an existing business.
Members start by filling in details about what they are offering or seeking as part of the business opportunity. This information is automatically converted into a streamlined listing format which is then uploaded onto the directory. Once the listing goes live, members are contacted by interested parties who wish to collaborate or invest directly. By providing a user-friendly and accessible service, VentureWatch hopes to make it easier for Australian entrepreneurs to commercialise their ideas or invest in viable business opportunities.
"Many people have the entrepreneurial spark in them, but they might lack access to connections, opportunities or the necessary resources to realise their full potential," states Louis Chan, founder of the VentureWatch network. "We hope that our service provide Australians with the means to access these resources easily, find a great business venture, and hit the ground running with it."
Some of the listings on VentureWatch might include franchise opportunities, property investments, funding for a new product or IT startups, with the largest category being businesses for sale by owners and commercial brokers. Often, successful transactions between members also generate a chain of new opportunities. For instance, the launch of a new venture or purchase of a new business plays a role in generating new jobs and contributing to economic activity in a particular city or suburb.
Since launch, the VentureWatch network has expanded through the use of social media, support of local associations and regular networking events. As the momentum behind the VentureWatch service grows, so do their plans to change the way Australians connect to do business. In the year ahead, the management team aims to launch a free business magazine in the major cities of Sydney and Melbourne, with digital downloads to be made available on the Apple App Store.
Release ID: 31353