The news of a local business, a play centre, having to close because they couldn’t access appropriate insurance cover hit the media this week. Unfortunately, the situation this small business found itself in has become increasingly common. Hardening of the insurance market Because of a number of factors affecting underwriters’ risk appetite...
Your business could benefit from using a range of digital tools and apps to help manage your finances, keep accurate records, sell online, oversee social media accounts, improve productivity, engage your employees and customers, and more. Whether you want to boost your sales, streamline your processes or stop spending so much time updating...
A range of support measures have been introduced to support small business owners dealing with the rising cost of fuel and supply chain uncertainty. Interest free loans The Federal Government's Economic Resilience Program will provide $1 billion in interest free loans to fuel, fertiliser and other critical supply chain businesses. You can find out...
Burnout is a state of exhaustion that is typically caused by chronic stress. While not a diagnosable medical condition, it is now classified by the World Health Organisation (WHO) as an occupational phenomenon.
Owners of small and medium-sized businesses across the state are being urged to take part in a series of “climate ready” workshops to protect their small business when extreme weather events cause disruption to trade. The Small Business Development Corporation (SBDC) is facilitating the practical forums to give operators insight and tools to...
Most businesses evolve over time. You may start off running a small home based business and then branch out to hiring staff, moving into business premises or offering new products and services. If you’re starting a business or planning changes to the way you operate, we recommend taking a moment to check if there are any additional licensing...
You’ve probably heard of phishing, where cyber criminals send texts, emails or social media posts which appear to be from individuals or organisations you think you can trust. Business email compromise takes phishing one step further. Using phishing techniques, cyber criminals can steal information such as log in and financial details by...
Small businesses across Western Australia continue to grow year on year, reinforcing their position as the backbone of the state’s economy. The latest Australian Bureau of Statistics data as released by the SBDC shows there are 257,933 small businesses operating across WA in the current financial year — an increase of more than 30,000 businesses...
It’s easier than ever for you to access free business advice and support from our team of local business advisers, with the launch of online advisory appointment bookings on our website. One of the most important services we provide at the SBDC is our free business advisory service. Any current or aspiring small business owner in Western Australia...
'See you in court' might be an easy way to resolve disputes in your favourite legal series – but the reality of legal proceedings is much more complicated, expensive and potentially stressful for small business owners. Whether you’re handling a dispute with another business, your landlord, or an individual or organisation, it’s always worth...
Since it started in Western Australia in late 2020, the National Disability Insurance Scheme (NDIS) has had significant scrutiny, with final reports on the Royal Commission and a formal review of the scheme delivered in 2023. The Australian Government’s response has included making legislative changes that started on 3 October 2024 that you should...
