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...
Your business name is a valuable asset, so when you receive a renewal notice your first thought is often to pay it straight away. While the notice letter or email may look official, you may not realise that it may have been sent by private organisations looking to make money from you. These unsolicited approaches are often made just before the...
Could predicted jobs of the future spark ideas for your new small business?
By mid-2020, the COVID-19 pandemic had impacted small businesses across many sectors. Whether lockdowns and restrictions had affected them financially, or the constantly changing environment had left them emotionally exhausted, some small business owners needed additional support to move forward and pivot how they operated. “Before COVID came...
Nobody likes an awkward conversation. As tough as it may be, it’s hard to avoid difficult conversations when you’re in business. Here are some tips to help you plan ahead and ensure difficult conversations run smoothly and calmly. Difficult conversation #1: A client hasn’t paid you When you spend so much of your time working to attract new clients...
Taking a few small steps towards developing a sustainable business can deliver long term benefits for not only the environment, but also your business’s bottom line, contributing to your long term profitability and building customer loyalty. It can also help you win tenders and contracts, with sustainability increasingly becoming a focus and...
If your business hours will change over the festive season, remember to use the ‘special’ hours option to let your customers know. A free Google Business Profile (formerly Google My Business listing) is an important tool for any small business that wants to be found online. Here’s how to get started. What is Google Business Profile? Google Business...
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...
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...
Do you want to promote your business online but find it hard to know where to focus your attention? Being online provides your business with a number of benefits that shouldn’t be ignored. These range from making it easier for potential customers to find your business through to providing new sales channels to complement face-to-face sales. The...
Grant funding could provide your small business with an opportunity to invest in new equipment or projects, launch a new product or service or expand your operations. With many business grants being competitive, it’s good to know how to give your application a competitive advantage. If you’re looking for ways to finance your business growth, grant...
Small Business Friendly local governments are working to support their local business community and create exciting spaces and events, through a variety of grants. The City of Cockburn, Town of Claremont and City of Perth – all members of the SBDC’s Small Business Friendly program - have been rolling out grants to their local small businesses...
