Would you know what to do if a business stopped paying your invoices or became insolvent? What you may not know is that in these situations you are considered to be an unsecured creditor and there are some important government regulations you should be aware of to try and protect yourself from losing money or assets. What is a creditor? You are a...
Changes to Single Touch Payroll (STP) reporting for micro business owners and businesses with closely held payees will come into effect from 1 July 2021.
Starting a business is a daunting task for anyone, but young business owners face unique challenges. In Western Australia, the entrepreneurial spirit is alive and well, with numerous opportunities for young people to innovate and create successful ventures. Here are some tips for young people considering starting their own business. Build your...
The simple act of gifting a coffee to a stranger has led to a legacy of almost 10,000 coffees being bought by thoughtful patrons at a central Perth espresso bar. Game City Espresso is a coffee shop with a difference, combining a great brew with nostalgic arcade games, all while creating a goodwill legacy. Owner Dharmesh Patel explains, “When people...
You may be aware of the wise advice that to achieve the best outcomes, you should work on your business, not just in it. However, the reality is that some important but non-urgent tasks usually sink to the bottom of the to-do list. This includes maintaining an effective online presence - an essential part of a modern marketing approach. Overall...
Turning a hobby into a side hustle business can be a labour of love, but one business owner warns others to be careful of the ‘fine print’ of regulations if you are working from home. Empire Copper is owned and operated by husband and wife team Cam and Beth Hayes as a side hustle, while they still work full time in the sheet-metal industry and...
Buying a franchise can be a great pathway to running your own business. Before signing on, make sure you’ve sought advice and considered these seven key areas.
All new businesses start with an idea. Conducting thorough research during the business start-up phase can help you discover if you’re on the right road to success. We know there are a number of costs associated with starting and running a business, so we encourage you to make use of the wide range of free information and resources available to...
Identifying and understanding your potential customer base can help you market your business more effectively by keeping your advertising spend in the right places. Knowing where to find this information can often seem like a challenge, but the good news is that there are free tools you can access to help you find out more about your potential...
Many small business owners are unaware that they may be required to obtain various local government approvals for their new premises, to ensure they are operating in compliance with the relevant planning, building and health legislation. Here’s how to avoid costly and disruptive mistakes. It’s an exciting time for your business. You have a strong...
A passion for sewing and lessons from her dressmaker mother motivated Fiona Larkins to move from retail management to running her own clothing alteration business at the tender age of 24. In 2024, her city-based business is celebrating 30 years, and still going strong. Location, location, location Armed with a can-do attitude, Fiona identified a...
You might think eInvoicing is what happens when you email invoices from your accounting system but there is much more to it, including a number of benefits for your business. Here is our quick guide to the benefits of eInvoicing. What is eInvoicing? eInvoicing is a secure payment method designed to streamline payments between businesses and their...
