Have you found yourself in a situation where you’ve finished a job only to discover you’ve only just broken even or perhaps actually lost money due to underquoting? First of all, don’t beat yourself up. Most small business owners discover at some point, particularly when starting out, that they have underquoted. Here are some tips to help you avoid...
It’s no secret that the cost of practically everything seems to have risen. As a commercial leasing tenant, it’s important to understand the outgoing clauses in your lease, so there are no surprises later on. Our business advisers spend a lot of time speaking with small business owners across WA. One question appears to be coming up frequently in...
Signing a lease is a big commitment for any business. Here are our top five things you need to know before signing on the dotted line.
Many small business owners are unaware that they may be required to obtain various local government approvals for their new premises, to ensure they are operating in compliance with the relevant planning, building and health legislation. Here’s how to avoid costly and disruptive mistakes. It’s an exciting time for your business. You have a strong...
Are you finding it hard to work out how much you should be charging for your services? One of the most common questions we’re asked by new business owners is how much should they be charging per hour for their services. There are a number of factors to consider when setting an hourly rate. Here are our top tips if you are running a service-based...
Find out more about the ban on single use plastics and what you can do to get your business ready.
In today’s competitive markets, you can’t afford to lose sales through poor customer service. Wow your customers with our tips on how to keep them happy.
As you dive into the new year in small business, it’s important to take stock of your achievements during the past 12 months and to set your business goals for the next. We have put together a few tips to help ensure smooth sailing in the year ahead. Get on top of your finances Take some time to put your finances in order by reviewing your...
Learn about the strategies you can put in place before 30 June to maximise your business’ tax return.
Whether you’re just starting out in business, or you’ve been your own boss for years, the end of the financial year (EOFY) can be a busy time. To help you organise your financial records and find the paperwork you’ll need to pass onto your accountant, we’ve put together a handy EOFY checklist to help you. Download our free EOFY checklist Reporting...
Buying a franchise can be a great pathway to running your own business. Before signing on, make sure you’ve sought advice and considered these seven key areas.
How can you impact your profit as a small business owner? For most small businesses, making a profit is one of the most important goals. Profitability relies on a simple accounting equation: Income – Expenditure = Net Profit In other words, net profit is your business's profit after all business expenses have been deducted from your revenue...