1 July often brings with it a range of changes that small business owners need to be aware of. 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 2026. National minimum wage increase If your business operates...
Selling online through digital platforms can be a great way to extend the reach of your business – but, for the best results, it needs to be done strategically. Here are five mistakes you don’t want to make if you’re selling products or services though Instagram or Facebook, and what you could try instead. Exploring new ways to connect with...
Gary Mitchell knows just how much the world of small business has changed over the past 30 years. He credits the SBDC with helping him get through the tough times to help his business thrive. For more than 30 years, Gary Mitchell has been carving a niche in WA’s small business landscape. His business, Framous Picture Framing, offers a range of...
Business benchmarking is the process of comparing your business’s performance, processes, or products against your competitors or industry standards. Whether you have a new or firmly established small business, here’s why benchmarking is worth introducing if it’s not already part of your business management practices. You’ve probably heard the...
The right professional advice can help you avoid costly mistakes and make better decisions as your business grows. But what advice is worth paying for? The answer to this question depends on the kind of business you run. For example, if you’re an accountant running your own business, you know your way around a profit and loss statement and...
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...
Your business could benefit from using a range of digital tools and apps to help manage your finances, keep accurate records, sell online, oversee social media accounts, improve productivity, engage your employees and customers, and more. Whether you want to boost your sales, streamline your processes or stop spending so much time updating...
The switch from employee to boss isn’t always an easy – and neither is working with your spouse. Here are some insights shared by business owners Molly and Jordan Kirk, who co-own a commercial refrigeration and air conditioning business in Perth. Molly and her husband Jordan worked for a refrigeration company and later bought out the business under...
Taking some small actions can often help ease a larger burden when it comes to managing your wellbeing.
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 . Launching, running and growing one business is an achievement that takes a considerable amount of time, enthusiasm and effort. In Pat McCarthy’s case...
Taking long service leave might seem like one of the perks of working for a big corporation or government department – but it can apply to small business employees too. Here’s an overview of how long service leave works as a paid entitlement in Western Australia and how it works in a small business. How long is ‘long’ service? Entitlements for long...
Across four sessions, you’ll build your knowledge step by step from the fundamentals through to using AI for marketing and business growth.
