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...
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...
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...
Ten years ago, Ben Kraucevs bought a new home with a garden bore out the front. He searched high and low for a bore cover that was affordable, lockable and complied with Australian safety standards, but he couldn’t find one. So, he decided to make it himself. “I started working in my garage making different prototypes because I really wanted to...
Meeting while working together in a government department, Frankie Holden and her partner Lorette bonded over a shared small business dream, fell in love, and the rest is history. The idea behind Mostyn & Frankie Curated Giftboxes came about when Frankie needed to buy a gift for her mother-in-law and couldn’t find anything that fit the bill. That...
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...
Starting your own food business is involves more than just a love of food. There are many key steps to ensure you are set up for success.
The recent three day lockdown of Perth and Peel over the Anzac weekend was another hurdle for small businesses to jump in a marathon year. I want to take a moment to once again recognise the significant part you are playing in supporting the long term recovery of our WA economy by complying with the lockdown closure orders and the ongoing...
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...
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...
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...
