Starting a new business is an exciting venture, but it comes with its own set of financial and legal obligations. One of the most crucial ones is managing your tax. Imagine receiving your first company tax bill and shortly after, a notice to pay your first PAYG instalment for the upcoming financial year. This scenario often catches new businesses...
Owning a small business is like having a child that doesn’t sleep, according to Tamara Cook, owner of events management agency, Known Associates Events. “Of course, it’s extremely joyful but it’s also all-consuming and always in the back of your mind,” said Tamara. Freedom of running own business Tamara founded Known Associates in 2007. The...
The latest advances in artificial intelligence (AI) have made headlines around the world. Here’s a simple starter guide to using AI in your small business – including what it’s good for and what you might like to avoid. Once confined to the imagination of Hollywood filmmakers, the powers of artificial intelligence (AI) are fast becoming a normal...
Learn more about the support services available to help you get through any tough times you’re facing as a business owner.
When you’re located in regional Western Australia, it can sometimes feel like you don’t have access to as many resources as your counterparts in the Perth metro area. Here at the SBDC, we provide a range of support services which are available both locally in your area as well as over the phone or online. Here is an overview of the services on...
Want to have more flexibility and reduce your operating costs? Here are three reasons to run your business from home
Sadly, small businesses aren’t immune to the impacts of fraud. A common issue affecting many small businesses is fraudulent credit card chargebacks. Find out more about the chargeback process, how it can impact on small businesses and tactics you can use to protect your business. What is a chargeback? When a customer disputes a transaction through...
If you run a business in the fitness industry, here are some of the key things to know about the new Fitness Code, which will be in effect from 1 July 2021.
There are several key changes coming into effect from 1 July 2025 that are likely to impact small business owners in Western Australia. Here is a recap of what you need to know. New minimum wages The minimum wage for both the national and state industrial relations systems will increase from the first pay on or after 1 July 2025. National minimum...
Food trucks have become a popular feature at many outdoor events. What do you need to know before starting a food truck business?
Here is a run-down of the key changes taking effect from 1 July 2023 that are likely to have an impact on small business owners in Western Australia. New minimum wages The minimum wages for both the federal and state industrial relations systems will increase from the first pay on or after 1 July 2023. National minimum wage increase If your...
What would you like to achieve ‘one day’ in your business? Perhaps adding new products to your range, upgrading your website, growing your team, outsourcing tasks you don’t enjoy, or finally getting around to working out what to do with your social media presence. As a business owner, it can be all too easy to fill the hours with the processes and...
