Grant funding could provide your small business with an opportunity to invest in new equipment or projects, launch a new product or service or expand your operations. With many business grants being competitive, it’s good to know how to give your application a competitive advantage. If you’re looking for ways to finance your business growth, grant...
With more than 9,000 business, many classed as small and micro in nature, the City of Cockburn joined the SBDC’s Small Business Friendly Local Governments program in 2018. Having also participated in the SBDC’s Small Business Friendly Approvals Program in 2021, the City continues to demonstrate its commitment to its small business community with...
Whether you’re just starting out in business, or you’ve been your own boss for years, the end of the financial year (EOFY) can be a busy time. To help you organise your financial records and find the paperwork you’ll need to pass onto your accountant, we’ve put together a handy EOFY checklist to help you. Download our free EOFY checklist Reporting...
The Federal Budget, announced on 14 May 2024, provides a range of support programs to help improve the operating environment for small business owners. The Budget provides $641.1 million in targeted support for small businesses. Here is an overview of the key announcements likely to have an impact on small businesses. Please note: these...
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 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...
The Federal Budget, announced on 25 March 2025, provides a range of support programs to help improve the operating environment for small business owners. Here is an overview of the key announcements likely to have an impact on small businesses in Western Australia. Please note: these announcements will need to be passed as law through the Federal...
Like many businesses in our current environment, you may be expecting a downturn in your turnover for the next financial year. We’ve put together some tips on how to prepare from a tax perspective. From staffing challenges and supplier constraints to customer behaviours and global events, there are many reasons your business might be preparing for...
Should you borrow money from your family? Questions to ask yourself before getting loved ones involved.
Being aware of the early warning signs that your business may be in trouble will provide you with the best opportunity to take action and turn things around.
Small business lottery agents have had a win that will help their long term sustainability. The Western Australian Government has announced a suite of initiatives to help newsagents and lottery retailers, including an increase in the commissions they receive for selling Lotterywest products. The 10.8 per cent increase, effective from December...
If you supply goods or services for less than $1 million to the WA Government, new guidelines mean you will now receive payment within 20 days. From 1 October 2020, WA State Government agencies must ensure that all payments of less than $1 million for goods or services, excluding construction works, are made within 20 calendar days of: receiving a...