The Small Business Friendly Approvals program, funded via a Streamline WA commitment to streamline regulatory processes in Western Australia, has seen the SBDC work with selected local governments to identify reforms that will improve the process of starting and operating a small business in each area. The City of Wanneroo, one of the first local...
Are you thinking of funding your business with a bank loan? It may be helpful to know what financial institutions are looking for when deciding whether to approve your business loan application. How banks decide whether to give you a business loan While there are a few different ways to fund your business, including through your own savings or...
The cost of renting your premises can be one of the biggest overheads in your business, and can put the pressure on you when a rental increase is looming. Learn about market rent reviews and what you can do if you’re a tenant facing rising rental costs. The costs of being in business are rising because of inflation, interest rate rises and other...
Three of Western Australia’s regional local governments are making a difference to their small business communities by joining the SBDC’s Small Business Friendly Local Governments initiative.
If you are applying for a grant via the SBDC, it’s now essential that you use myGovID to verify your identity before commencing your claim. What is myGovID? myGovID is a national digital identity tool that operates through smart devices, such as your mobile phone. It has been designed to help individuals prove their identity, in a similar way to a...
As we transition out of our week of lockdown here in WA, I’d like to take a moment to recognise and commend small businesses for the part they have played. Over the week our thoughts have been with many members of the community, including small businesses, who have been impacted by the devastating bushfire emergency in Perth’s east, as well as the...
No manager to answer to, no annoying colleagues and no one to tell you when you can clock on and off – sounds appealing, right? For many, the benefits of being their own boss far outweigh the challenges, making self employment an appealing option for many Western Australians. In fact, as of June 2023, there were 150,000 non-employing businesses in...
With a common goal, Chris Schmid and Reen Richards created a purpose-led business to support Aboriginal communities, paving the way for their business success. About Woollahra This shared purpose has enabled Chris and Reen to build a thriving business, manufacturing and supplying environmentally responsible cleaning products and related consumables...
Identifying and understanding your potential customer base can help you market your business more effectively by keeping your advertising spend in the right places. Knowing where to find this information can often seem like a challenge, but the good news is that there are free tools you can access to help you find out more about your potential...
Many small businesses come up with great products and services, but struggle to find the right audience online. Knowing where your customers are spending time online is a key component in understanding how to market to them. Many small businesses come up with great products and services, but struggle to find the right audience online. You already...
Andrew Erkins first launched Digit to help small businesses in WA strengthen their financial management through bookkeeping and payroll support, and implement business apps and cashflow advisory. Eight years later, Andrew has grown the business into an award-winning enterprise, having won Bookkeeping Firm of the Year award at the 2021 Australian...
You may have seen recent media reports about insurance issues for a range of home-based businesses across Australia. If you’re starting a business, you can take steps now to prevent your home insurance policy becoming null and void in the future. Depending on your home insurance policy, you may have cover for your buildings and structures as well...
