Entrepreneurship in Australia

icsb2005.bmpOur VIP reception Tuesday night was at the Australian Embassy. The Australian officials spoke about the entrepreneurial spirit of their country and the tradition of small business within their economy. The US and Australians have just signed a free trade agreement (AUSTFA) that is quite favorable to small business.
australia us free trade.jpgWe heard the story of a creative small business idea that has come to the US from Australia, flavored dog water, which has been able to move quickly into the US market in large part as a result of AUSFTA.
“In just twelve months since its flavoured dog water was developed, Dog Plus has scored a lucrative deal with Nutri-Vet who will distribute Dog Plus products to pet store chain PETCO’s 670 stores across the US and Canada,” Mr. Billson said.
“The deal is currently worth $50,000 to the small husband and wife business team and is expected to reach an annual $2 million over the next twelve months, providing not only a tremendous boost for the company but also the local economy by generating additional employment.”

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