Have you heard about small businesses having their Facebook and Instagram accounts wrongfully shut down, in some cases severely impacting their business? Here’s a look into what has happened and how you can help to protect your business from the impact of something similar. Many WA businesses rely on their Meta accounts (which include Facebook and...
A business plan is a valuable document for business owners as it helps you clarify your thinking, set a tone and direction for your business and gain a deeper understanding of your market.
Should you borrow money from your family? Questions to ask yourself before getting loved ones involved.
If your small business employs workers, including contractors or sub-contractors, it’s compulsory for you to have workers’ compensation insurance. Here’s what you need to know to protect your business from hefty fines or other serious consequences. No matter how careful you are, work-related injuries and illnesses can happen. If your business...
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...
Ending an employment relationship is one of the tougher parts of running a small business. While most business owners want to do the right thing, it’s not always clear what that looks like in practice. Understanding your employer obligations and following a fair process can reduce the risk of disputes and help you move forward with confidence. We...
Our business advisory team receives a number of calls from business owners who provide services or support to participants of the National Disability Insurance Scheme (NDIS) or are considering becoming NDIS providers. Here are the top questions business owners have been asking about the NDIS - and answers from an NDIS expert. The National...
If you’re starting a home based business, there are some important steps to take 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 as the contents of your home. Running a business from home, or even storing business...
It’s an unfortunate fact that small business owners are regularly the target of scammers – trying to take their money, business contacts, or business or personal identification details. Scammers often pretend to be from a government agency, like the Australian Taxation Office (ATO), or a well-known company you may have heard of, such as Telstra...
According to the Australian Competition and Consumer Commission (ACCC), three children have died and at least one child is seriously injured every month after swallowing or inserting button batteries in their bodies. Button batteries, also known as coin batteries, are small silver-coloured batteries which contain hazardous chemicals and can pose a...
We all want to avoid non-essential costs when starting a business. The good news is, there are some amazing free resources available to get you started on your business journey. Here are some of the best. 1 - Free Starting a Business workshop If you are new to business, our free Starting a Business workshop is the best place to start. You’ll cover...
I am pleased to see the ATO has recognised the potential impact of the STP initiative on small and micro businesses; and are considering extending the transition period, as well as, including alternate reporting mechanisms. Single Touch Payroll (STP) – an online payroll initiative designed to streamline the way employers report tax and...
