Illegal phoenix activity has a significant impact on the Australian economy with an annual estimated cost of up to $5.13 billion. While illegal phoenix activity has many victims, the impact on small business, particularly, can have a catastrophic effect on their operations as well as personal lives. Illegal phoenix activity is when a new company is...
The Small Business Development Corporation’s 2024-25 Annual Report was tabled in the WA Parliament this week. After five months at the helm of the SBDC, I can say that it is a great privilege to lead an organisation with a great reputation for delivering practical, expert support to Western Australia’s hard working small businesses. In the 2024-25...
Make the most out of the Xero and learn how to use its advanced product features to get the most out of this powerful accounting tool.
Personal services income (PSI) can be earned in just about any industry, and can attract special tax rules. PSI is defined by the Australian Taxation Office (ATO) as income that is mainly a reward for your personal efforts or skills. It can be earned in almost any industry or job and can affect the tax obligations and the deductions you can claim...
Everybody loves music. Playing some tunes in your workplace can help create a positive working environment for your staff or help set the mood for your customers while shopping, dining or working out. Some studies have even shown it can influence people to buy more! But did you know that if you play music in your business, you’re required to have a...
If you renew your business trade mark through a private business, rather than IP Australia, you could end up paying three times more than required. You also run the risk of giving away future control of the management and renewal of your trade marks. Who is IP Australia? IP Australia is the Federal Government department that administers...
Discover the power of email marketing and learn how to craft compelling email campaigns, automate workflows and choose the ideal email marketing platform tailored to your needs.
In a world where customers are often driven online to find the cheapest option, it can be hard for bricks-and-mortar businesses to feel they have a fair chance to be competitive. Bricks-and-mortar business can be tough – but there are also some fantastic advantages that might not work for online businesses, particularly in light of recent pressures...
When it comes to social media, it’s negative comments and reviews that cause the greatest concern to small and medium business owners according to the 2020 Yellow Social Media Report. Negative reviews can have a significant impact on your business, not to mention the frustration and anxiety they can cause. Fortunately, like complaints made in...
We regularly hear from small business owners who have been asked to pay for government information or services that are actually available free of charge, or become aware of cyber scams that duplicate existing government services. Government websites are some of the most trusted and used resources for small businesses, and scammers are ready to...
You’ve probably spent some time working out what to put on the home page of your website, but how much time have you invested in planning what goes into your shopfront display of your bricks and mortar business? Your shopfront will quite often be the first impression you get to make – so make it a great one! You want to encourage people to enter...
In the 2025-26 financial year, the Australian Competition and Consumer Commission (ACCC) will prioritise enforcing compliance relating to credit card surcharges and merchant fees. Paying by card is convenient for customers, but it can cost your business in the form of merchant fees charged by your payment processor (such as a bank). If your...
