Sean Thompson has always had an entrepreneurial spark, but it was a chance remark from a friend plus the solid support from his family that led to him taking a leap into business ownership with Geraldton Party and Event Hire. While working as a postie in the Mid West City of Geraldton, Sean Thompson had a yearning to own and run his own business...
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...
Your business could benefit from using a range of digital tools and apps to help manage your finances, keep accurate records, sell online, oversee social media accounts, improve productivity, engage your employees and customers, and more. Whether you want to boost your sales, streamline your processes or stop spending so much time updating...
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...
Setting a clear vision for the future of your business – and a strategy to get you there – could help you to grow your sales and build a stronger and more resilient business. If you’re wondering whether you’re ready to grow your business, don’t miss these expert tips. As a business owner, one of the first lessons you might have learned is how...
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...
Thinking about using your know-how to start your own consulting business? Here are some important things to consider to help you make a business from your expertise.
When you’re a small business owner, there are a number of government regulations and compliance requirements you need to stay on top of. While it may seem challenging to be across all the changes that may affect your business, there are three easy steps you can follow to ensure your business is meeting its legal requirements. Use subscriptions to...
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...
Running a business from home provides several cost and lifestyle benefits, including a range of eligible tax deductions. Home based businesses provide an opportunity to save on rent, the time and cost of commuting while providing flexibility in your work hours. It can also provide valuable ‘breathing space’ while you grow your business. Eligible...
A bad credit rating isn’t helpful in your personal finances – but did you know it can impact your business finances too? While your business may experience fluctuations in cash flow for a range of reasons, it’s worth ensuring you can pay your bills and debts on time to protect your credit rating. Here’s what you need to know about your credit...
Starting his business five years ago and completing nearly 20 of our SBDC business skills workshops so far, Laundon Peacock is someone who loves to learn! Here he shares some of his experiences and lessons from his videography business, LP Visuals. Laundon Peacock launched his small business, LP Visuals, while he was a university student. What...
