Have financial constraints caused you to avoid seeking legal advice to help you and your business? This is a situation that many small business owners find themselves in. Often, the time and resources needed to pursue a legal matter (like a breach of contract or unpaid invoice) causes business owners to walk away from the issue. The good news is...
If your small business employs workers, including contractors or sub-contractors, it’s compulsory for you to have workers’ compensation insurance. Here’s what you need to know to protect your business from hefty fines or other serious consequences. No matter how careful you are, work-related injuries and illnesses can happen. If your business...
As a small business owner, it’s important to pay yourself a regular wage – and it’s just as important to make sure you pay the right amounts of tax and super too. Here’s your quick-start guide to paying yourself in your business. Step 1: Start with your business structure The way you pay yourself depends on the structure of your business. We have...
Investing in a major business asset, like a motor vehicle, is a big step for a small business. Before handing over your hard earned money or signing any paperwork, there are some important factors to consider before committing to a vehicle purchase. Consider your business needs Before deciding whether your business needs a vehicle, it’s important...
Three of Western Australia’s regional local governments are making a difference to their small business communities by joining the SBDC’s Small Business Friendly Local Governments initiative.
Reaching out to the SBDC for advice was the key to helping Elizabeth Lang from Diversity Focus make the right decisions during her business journey. Diversity Focus is a research, consultancy and training business that was established in 2017, inspired by the vision to create a more equitable and inclusive world. Founder Elizabeth Lang said that...
Fiona Taylor is a health and wellness coach, running her business Choose Healthy while managing the demands of a separate day job. Fiona offers online food workshops, challenges, webinars and in-person workshops and presentations on food, energy and self-care. With 27 years of experience in the health and fitness industry, Fiona is well-placed to...
Having the right mindset is key to success in small business. Adwoa Abban sees every project as a win – and has used a range of our SBDC services to set up, expand her knowledge and grow her business. Quantum Phases Consortium is an independent cost, contracts and claims consultancy based in Perth. Adwoa Abban, the principal consultant and owner of...
You can now add up to four additional ANZSIC codes to your ABN, to reflect your business activities more accurately. Events such as COVID-19 have highlighted the importance of accurate business information to allow government agencies and emergency services to provide tailored support and services to businesses when needed. This has led to changes...
The Australian Tax Office (ATO) is warning small business owners to be wary of unlawful tax schemes offering to significantly reduce or avoid a tax bill. The ATO has seen a rise in tax avoidance schemes being promoted online, particularly via social media. These schemes can entice honest people into arrangements that can have a significant impact...
These days, the risk of data breaches isn’t just something big corporations need to think about. Here are some essential tips and actions to help you protect your data security for your small business. Some major data breaches have made the headlines recently – and, unfortunately, these are not likely to be the only major data leaks we’ll hear...
Find out more about Western Australia’s new Work Health and Safety Legislation and your obligations as an employer.
