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...
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?
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...
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...
If you’re setting up or buying a food based business, there are two key features to look out for when leasing your business premises.
Running a small business is hard enough without having to worry about hackers. The good news is that a few simple habits can make a big difference to keeping your business safe online. We’ve outlined seven simple steps to strengthen your cyber security and help keep your business, and your customers, safer. Install software updates to keep your...
On 1 July 2024, Business Local became SBDC Regional. While the name has changed, we’re still here providing you with free business advice and support in your area. Find your SBDC Regional provider . There’s no perfect time to start a business – but navigating the challenges of a tropical cyclone and pandemic would be enough to test any new business...
If you have never ventured into the world of business ownership before, you may be wondering how different it will be from being employed by someone else. We put together some details on how owning your own business can be a different experience from being someone else’s employee. Flexibility No matter how adaptable your employer is, it’s hard to...
When an epic overseas trip in 2012 sparked an idea for a side hustle, Josephine, her husband Vince and business partner Michael embraced their entrepreneurial sides by importing and selling unique luxury tiles. Initially targeting qualified tilers for commercial projects, the team started selling out of a shipping container. They soon realised they...
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...
