Owning a small business is like having a child that doesn’t sleep, according to Tamara Cook, owner of events management agency, Known Associates Events. “Of course, it’s extremely joyful but it’s also all-consuming and always in the back of your mind,” said Tamara. Freedom of running own business Tamara founded Known Associates in 2007. The...
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...
All new businesses start with an idea. Conducting thorough research during the business start-up phase can help you discover if you’re on the right road to success. We know there are a number of costs associated with starting and running a business, so we encourage you to make use of the wide range of free information and resources available to...
There can often be confusion and disputes when you’re exiting a commercial lease and need to meet a number of ‘make good’ obligations. The make good clause in your lease will outline the condition the building must be in when the lease comes to an end. Here is a summary of the top make good obligations that most often lead to a dispute, and some...
Wondering if your business is eligible for a government grant? We’ve put together this overview explaining the availability and eligibility of grants for small business. Are there incentives or grants to help start-up businesses? There are no government grants available for the specific purpose of starting a business. Government support for start...
We’ve all heard the saying that ‘cash is king’, but despite the popularity of this phrase cash flow is an area of business that is often neglected. Being able to effectively manage your cash flow is key to the long term survival of your business. It will also allow you to maintain enough working capital to operate through quiet periods. Your cash...
The cost of renting your premises can be one of the biggest overheads in your business, and can put the pressure on you when a rental increase is looming. Learn about market rent reviews and what you can do if you’re a tenant facing rising rental costs. The costs of being in business are rising because of inflation, interest rate rises and other...
Many small businesses are facing challenges because of increased costs, the ongoing impacts of COVID-19 and other economic factors. You might be one of many business owners who negotiated rent relief to manage the impact of the pandemic, now facing the prospect of paying back your deferred rent on top of meeting your ongoing rent and other business...
Are you finding that your payment reminders are being met with excuses? It’s a common scenario many business owners are experiencing. Here at the SBDC, we often hear from small business owners, particularly subcontractors in the construction industry, who say they are struggling to be paid on time. But when the only ‘evidence’ of a contract is...
Chris Topfer has always loved comic books, movies, tv shows and pop culture. In 2014, he turned that pastime into a full time business. Clarkson based Collector Zone! has grown over a decade into a hub for collectors, families and fans of all ages. Specialising in rare comics, vintage collectibles and pop culture merchandise, the store quickly...
When you walk into your business premises and see the roof is leaking, your focus is going to be on getting the problem fixed as soon as possible. But who do you turn to and what should you do in these situations? We’ve put together three simple steps to guide you through getting any damage to your business premises fixed in a timely manner. 3...
Learn about the strategies you can put in place before 30 June to maximise your business’ tax return.
