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...
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...
Small business deserves and needs equal access to justice. A renewed federal focus on unfair business contracts has offered some hope of levelling the playing field when it comes to disputes with large suppliers or head contractors. However much remains to be done to ensure small businesses are empowered to stand up for themselves in a commercial...
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...
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...
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...
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...
Learn more about the support services available to help you get through any tough times you’re facing as a business owner.
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...
Super payments are changing. From 1 July 2026, employers will need to pay super with each payday. Find out what's changing and how to prepare ahead of time.
Most business owners who’ve worked hard to establish their business, want to see it continue to thrive after they leave. A succession plan, or exit strategy, determines the best way to leave a business, whether that’s by sale, passing it onto other family members, introducing new management, or simply reducing your role in the business. Succession...
Before you buy a business, it’s important to complete a risk assessment to make sure you’re not about to get into a risky business. Buying an established business can be an exciting way to make money, be your own boss and enjoy new challenges as a small business owner. It only takes a quick online search to find hundreds of 'business for sale' ads...
