When you first develop an idea you may decide to test it as a hobby but it’s important for tax purposes to know when an activity becomes a business
According to the Australian Competition and Consumer Commission (ACCC), three children have died and at least one child is seriously injured every month after swallowing or inserting button batteries in their bodies. Button batteries, also known as coin batteries, are small silver-coloured batteries which contain hazardous chemicals and can pose a...
Ending an employment relationship is one of the tougher parts of running a small business. While most business owners want to do the right thing, it’s not always clear what that looks like in practice. Understanding your employer obligations and following a fair process can reduce the risk of disputes and help you move forward with confidence. We...
Are you thinking it may be time to move on from your business? If you’re planning to sell your business, your mind has probably jumped to thoughts of how to manage the sales process and the price. But before listing it for sale, there are important housekeeping tasks to help you: package your business so that it’s attractive to a new buyer make the...
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...
Most business owners who’ve worked hard to establish their business, want to see it continue to thrive after they leave. A succession plan, or exit strategy, determines the best way to leave a business, whether that’s by sale, passing it onto other family members, introducing new management, or simply reducing your role in the business. Succession...
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...
Buying an established business can be challenging – but it can help knowing there’s somewhere you can turn for support. Jasmine Kik from Fireplaces WA uses our SBDC services regularly and shares her story. Fireplaces WA is a family-owned business offering a range of gas, wood, bio-ethanol, and electric fireplaces. According to the Fireplaces WA...
Have you been wondering how you can take paid parental leave from your business and what you may be entitled to? As a small business owner, you might have experienced how hard it can be to take any kind of break from your own business. Taking a day off can sometimes feel impossible, let alone taking a holiday from your business – or parental leave...
Learn more about the support services available to help you get through any tough times you’re facing as a business owner.
Gary Mitchell knows just how much the world of small business has changed over the past 30 years. He credits the SBDC with helping him get through the tough times to help his business thrive. For more than 30 years, Gary Mitchell has been carving a niche in WA’s small business landscape. His business, Framous Picture Framing, offers a range of...
Kerry Ridley's business, My Little Bookshop, began as a mobile bookshop in May 2019. Kerry discovered our SBDC services as she was preparing to open her first 'bricks and mortar' bookstore on the Rockingham foreshore. At the SBDC, we're here to support all kinds of businesses at all stages of their journey. My Little Bookshop has grown from being a...
