Posts by Phil Latz
New Federal Legislation Appears to Ban Throttle Powered Ebikes
Ebikes legally ridden in Australia have until now had to confirm with one of two standards which could be broadly summarised as 250 watt ‘pedalec’ or 200 watt throttle. Most bikes sold by dealers conform with the 250 watt pedalec standard, also often referred to as the European standard. But there are many bikes sold…
South Australian Programmers Create Virtual Charity Ride App
Cycle tour operator Yvette Fuser of Maglia Nera Tours usually runs a full season of cycle tours, including many in Europe. Her company finishes its season with an annual charity Tasmania Circumnavigation ride. Thanks to Covid, this event also had to be cancelled in the physical version, but GoCycle app initiator Greg Goodman and developer…
Young American eBike Brand Raises $194 Million in Funding
Rad Power Bikes, which lays claim to being North America’s largest e-Bike only brand, has attracted US$150 million (A$194 million) in investment from major institutions such as Counterpoint Global (Morgan Stanley), the Fidelity Management and Research Company and The Rise Fund, among others. Fitting a trend of private equity investment in some of the world’s…
Booming Share Price Prevents Dorel Going Private
As we reported previously in the bottom section of an article here, Canadian based Dorel owner of major bike brands including Cannondale, GT, Mongoose and Schwinn was set to revert to private ownership. However Dorel has now cancelled its proposed bid to take the company private following a backlash from a significant portion of the…
Shimano Takes Over from Mavic as Neutral Support for Tour de France
Shimano will be taking over the neutral support role at the Tour de France and other marquee races this year, replacing long-time partner Mavic that began race support with its distinctive yellow vehicles in the 1970s. Shimano’s deal with ASO, owner of the Tour de France includes all of ASO’s season of men’s and women’s…
Begin with the End in Mind
All new business owners start out wide-eyed and optimistic, or at least they should be starting that way! Although it’s counter-intuitive, the very beginning is also the time to put some thought and planning into how your business will end. From a business owners’ perspective, the end, usually means either selling the business, handing it…
Six Steps to Results
Building your business is like climbing a stairway. In this video, we’ll look at six key steps that if you can master, you’ll become a highly successful business owner. That is someone who receives strong profits from one or more businesses but does not have to work in any of them. These steps are Mastery,…
Clip On Ebike Power Within Seconds
Despite the boom in ebike sales over recent years, there are still far more non-ebikes on the road than ebikes. E-bike conversion kits have been around for many years. But they are relatively expensive and labour intensive to install. There have been some attempts to make conversion simpler such as the much hyped Copenhagen Wheel,…
How’s Business? February 2021
Welcome to our first How’s Business interviews conducted in 2021. As always, we called a selection of shops across city and rural locations throughout Australia and New Zealand. This month’s follow up question was, “Did you notice any differences in your Christmas trade compared to previous years?” Paul Fitzgerald from Giant Echuca in the historic…
