The well-known saying “cash is king” should be supplemented with the fact that the cash in your business isn’t immediately obvious.
It took a while for fashion designer Trelise Cooper to realise that the rolls of unwanted fabric she’d ordered actually represented rolls of cash.
Faced by what she grasped was a cashflow issue, Cooper went about turning this stock into something that would generate income. Today, she tells us how she did it.
In the second part of our look at the state of Australian innovation, we pick out four cultural changes that need to take place to help entrepreneurs and we have news on the open-door application process launched by US incubator 500 Startups.