Should you borrow money from your family? Questions to ask yourself before getting loved ones involved.
Our business advisory team receives a number of calls from business owners who provide services or support to participants of the National Disability Insurance Scheme (NDIS) or are considering becoming NDIS providers. Here are the top questions business owners have been asking about the NDIS - and answers from an NDIS expert. The National...
Supply contracting is common in a number of industries, particularly in the construction, information and communications technology, manufacturing, government and professional services sectors. We asked Lisa Legena, manager of our Advisory Services team, to share her top tips on the factors to consider before you agree to a supply contract...
Paying for professional advice when you start a business will save you money later on. So what advice is worth paying for? The answer to this question really depends on the kind of business you run. For example, if you’re an accountant running your own business, you know your way around a profit and loss statement and understand the difference...
A feature of my role as the Small Business Commissioner is that I am often asked about emerging issues in the small business landscape, particularly as each new year commences. While I sometimes wish for a clearer crystal ball, the benefit of having a network of peers across business and all levels of government, as well as having access to our in...
They say imitation is the sincerest form of flattery, but it certainly doesn’t feel that way when someone copies your business idea, product or artwork. So what protections do you have available to stop a copycat? There is nothing that can infuriate a business owner as much as noticing something they have come up with being used by another business...
Find out what Western Australian business owners have said are the most important things they have learnt about running a business.
If you’re working full-time but are considering starting a business, here are four top tips to help you make the transition. Step one: Do your research Before you take a leap of faith, learn as much as you can about your selected industry. (It’s surprising how often we meet clients who are planning to start businesses in industries in which they...
Whether you’re looking for a way to work from home or setting up a company with separate premises, here’s where you might find inspiration and business opportunities. Twenty years ago, most people wouldn’t have imagined starting a business to make money online through apps, virtual services or online products. Technology is always changing the...
The recent three day lockdown of Perth and Peel over the Anzac weekend was another hurdle for small businesses to jump in a marathon year. I want to take a moment to once again recognise the significant part you are playing in supporting the long term recovery of our WA economy by complying with the lockdown closure orders and the ongoing...
The switch from employee to boss isn’t always an easy – and neither is working with your spouse. Here are some insights shared by business owners Molly and Jordan Kirk, who co-own a commercial refrigeration and air conditioning business in Perth. Molly and her husband Jordan worked for a refrigeration company and later bought out the business under...
We’ve all been there at some point, unhappy at work and looking for a career change, or just wanting to make a go of it on your own. Starting a new business is a big deal. To help you decide if your business idea could work, we’ve put together some thought starters to get your head (and idea) in the right space. Is there a demand? If you think your...