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.
Did you know that your average Australian small business signs eight standard form contracts per year? This is why it’s so important to know your rights when entering into a standard form contract, or providing a contract to others. While protection for consumers entering into a standard form contract has existed for many years, in 2016 similar...
Small business owners wear many hats. From customer service and sales, to bookkeeping and recruitment — when you run a small enterprise, the buck stops with you. There’s no doubt that owning a small business has many rewards. However, it’s important to acknowledge that this lifestyle also comes with its fair share of challenges. There is the...
You’ve probably spent some time working out what to put on the home page of your website, but how much time have you invested in planning what goes into your shopfront display of your bricks and mortar business? Your shopfront will quite often be the first impression you get to make – so make it a great one! You want to encourage people to enter...
The simple act of gifting a coffee to a stranger has led to a legacy of almost 10,000 coffees being bought by thoughtful patrons at a central Perth espresso bar. Game City Espresso is a coffee shop with a difference, combining a great brew with nostalgic arcade games, all while creating a goodwill legacy. Owner Dharmesh Patel explains, “When people...
Find out more about the ban on single use plastics and what you can do to get your business ready.
Small business owners with a business tax debt are encouraged to work with the Australian Taxation Office (ATO) to help manage it through a mutually acceptable plan. Dealing with financial stress while running a business can be difficult, and a tax debt notification from the ATO can be something you’d prefer to ignore. While it is often tempting to...