Posts Tagged: #Startup

For those businesses nominating for Technology Fast 50, the challenge is more about moving beyond the start-up phase where cash is burned and revenue limited. Getting cash into the business is king! Once in growth phase, tax losses are likely to be carried forward to shelter some scaling of revenue and profitability, which is a natural outcome of the tax system.

Attracting those with innovative ideas to set up and drive their idea through to implementation in Australia is just one piece of the puzzle. What are the other challenges fast growing start-ups face in cultivating the right infrastructure and processes to support growth?

The ‘fintech revolution’ is not only about disrupting traditional financial services. The genesis of Deloitte Technology Fast 50 2015 company Ingogo, for instance, was triggered by a frustration with catching taxis. Addressing the payment aspect of this experience was essential to the solution, but not the focus.