At the core of any successful small business lies a well designed business model. But what exactly is one, and how can it transform your vision into a thriving enterprise? Whether you are just starting out or refining an established business, understanding the building blocks of a business model is crucial to aligning your day to day activities...
In this two part workshop you will apply design thinking principles to creatively brainstorm new business ideas for testing and building a customer centric business.
Automating certain business tasks can help you save time and improve your processes. Here are six simple things to try automating in your business.
You may have heard about recent changes to the Fair Work Act 2009. Here’s an overview of three changes that could impact you, your employees and your business operations. The Australian Department of Employment and Workplace Relations has announced updates to the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022. This was formerly...
Are you thinking of funding your business with a bank loan? It may be helpful to know what financial institutions are looking for when deciding whether to approve your business loan application. How banks decide whether to give you a business loan While there are a few different ways to fund your business, including through your own savings or...
If you’re one of the many small business owners across WA facing rising costs, uncertain economic conditions and the impact of inflation, you’re not alone. While you can’t control these factors, you can take action to help put your business in the strongest position possible. We asked one of our experienced business advisers, Brian Childs, for some...
Most businesses evolve over time. You may start off running a small home based business and then branch out to hiring staff, moving into business premises or offering new products and services. If you’re starting a business or planning changes to the way you operate, we recommend taking a moment to check if there are any additional licensing...
As tax time draws nearer, you might be wondering what you can claim or ‘write off’ as a tax deduction this year. It’s important to know exactly what you can – and can’t – claim to avoid running into issues later. Our business adviser, Brian Childs, shares some of his top tips for small business owners around claiming tax deductions. Beware of...
Need the help of a contractor or service provider to help your business? Whether you work from home or run your business from an office or other premises, at some stage you’re likely to need the services of a contractor to help in areas you either don’t have experience in, or don’t have time to take care of. You might need a new web design, an SEO...
In 2015, Claudia Franke started her IT consulting business in her spare time while still working in an office-based role. After two years of building her business, she resigned from her IT day job to focus on providing IT consulting, support and training services for small businesses. The move to create her own business, Fraulein Tech, allowed...
Applying for a grant or tendering opportunities can involve formalising, adopting or reporting on practices you might not have considered before, such as sustainability practices, inclusion and diversity, and modern slavery risks. More than ever, government bodies and corporations are taking a formal approach to addressing climate change through...
Keen to use your culinary skills as part of a new business or side gig? Here are our top tips to help you find the recipe for success.