If your rent is due to increase based on the consumer price index, here’s your guide to how it works and the calculations which could be used to work out your rent. The consumer price index (CPI) is a measure of how much the average costs of a fixed basket of goods changes over time. It is calculated quarterly and published by the Australian Bureau...
Nobody likes an awkward conversation. As tough as it may be, it’s hard to avoid difficult conversations when you’re in business. Here are some tips to help you plan ahead and ensure difficult conversations run smoothly and calmly. Difficult conversation #1: A client hasn’t paid you When you spend so much of your time working to attract new clients...
Setting a clear vision for the future of your business – and a strategy to get you there – could help you to grow your sales and build a stronger and more resilient business. If you’re wondering whether you’re ready to grow your business, don’t miss these expert tips. As a business owner, one of the first lessons you might have learned is how...
As a business owner, launching a new website can be a big step. It's your digital storefront, your brand's online home, and a crucial tool for attracting and retaining customers. For many businesses, website development and domain registrations are best outsourced to other businesses with specialised digital expertise. Before you dive in and hire a...
It’s no secret that the cost of practically everything seems to have risen. As a commercial leasing tenant, it’s important to understand the outgoing clauses in your lease, so there are no surprises later on. Our business advisers spend a lot of time speaking with small business owners across WA. One question appears to be coming up frequently in...
Whether your business is surviving, thriving, or just getting off the ground, it is important to know if your business is viable. What does it mean to be a viable business? Viability refers to something working successfully over a sustained period of time. Ensuring your business can survive and overcome obstacles that may arise is an important part...
The way you’re feeling can often be aligned with how well your business is doing. The thought of whether you can pay the bills or wages, or whether your business can actually continue, are burdens that can weigh heavily on any business owner. There are a number of ways you can manage any stress and anxiety you are feeling. Unfortunately due to...
Great news! You don’t need to provide an on-site video arcade, unlimited holidays or free pet-sitting to be an employer of choice. With these simple ideas, you could create the kind of workplace and culture your team will love. You might spend a lot of time and effort attracting customers to your business – but how much have you invested in...
October is Indigenous Business Month. In celebration of the event, we have prepared a round up of business support available to Indigenous, Aboriginal and Torres Strait Islander businesses in Western Australia throughout the month and beyond. Indigenous Business Month is held to raise the profile of business as a vehicle towards self-determination...
One silver lining of the COVID-19 pandemic and recent supply chain shortages impacting many industries, has been an increased appreciation of the significance of small businesses to local communities all around the world. The concept of localism (supporting the local production and consumption of goods) as opposed to globalism has really taken...
Keen to hone your skills on Facebook, Google, Canva and more? Make use of these free online learning resources. Making time to learn new skills is an important part of being a small business owner. While we have a wide range of low cost business skills workshops on offer at the SBDC, you can also take advantage of self-paced lessons on the...
If you’re working full time but are considering starting a business, here are four top tips to help you make the transition. Step one: Do your research Before you take a leap of faith, learn as much as you can about your selected industry. (It’s surprising how often we meet clients who are planning to start businesses in industries in which they...
