As tax time draws nearer, you might be wondering what you can claim or ‘write off’ as a tax deduction this year. It’s important to know exactly what you can – and can’t – claim to avoid running into issues later. Our business adviser, Brian Childs, shares some of his top tips for small business owners around claiming tax deductions. Beware of...
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...
If your business has been affected by a skills or labour shortage, here are some ways you can take action to keep your business thriving. An ongoing challenge many businesses are facing is the shortage of skilled or available workers across many industries. Some workers may have changed careers or industries, others may have moved away or perhaps...
Running a business brings with it a number of risks and rewards. We asked members of our Facebook group, I’m a small business owner in Western Australia, what the best and worst things are about running their business. Here is some of their collective wisdom… It gives you a sense of purpose One of the overwhelming positives of running a small...
Being aware of the early warning signs that your business may be in trouble will provide you with the best opportunity to take action and turn things around.
On 1 July 2024, Business Local became SBDC Regional. While the name has changed, we’re still here providing you with free business advice and support in your area. Find your SBDC Regional provider . Launching, running and growing one business is an achievement that takes a considerable amount of time, enthusiasm and effort. In Pat McCarthy’s case...
The founder of Impact Digi, Tamara Bin Amat, advises other indigenous businesses to stay true to their roots and collaborate with other community-driven enterprises as a path to business success. Impact Digi is a Karratha based digital design business which employs a team of nine. Its client portfolio includes fellow indigenous and non-indigenous...
On 1 July 2024, Business Local became SBDC Regional. While the name has changed, we’re still here providing you with free business advice and support in your area. Find your SBDC Regional provider . Living in the Kimberley region gives photographer Landi Bradshaw access to some of the world’s most incredible landscapes. But when it comes to running...
If you’re setting up or buying a food based business, there are two key features to look out for when leasing your business premises.
Our latest research shows that small business is generating real returns for the Western Australian economy.
Food based businesses are a popular pursuit for many aspiring business owners. While the process of starting a business is generally the same regardless of your industry, starting a food based business does involve some additional steps. Here is an overview of the additional steps you’ll need to follow to start a food based business. Tip: We...
Have financial constraints caused you to avoid seeking legal advice to help you and your business? This is a situation that many small business owners find themselves in. Often, the time and resources needed to pursue a legal matter (like a breach of contract or unpaid invoice) causes business owners to walk away from the issue. The good news is...
