Investing in a major business asset, like a motor vehicle, is a big step for a small business. Before handing over your hard earned money or signing any paperwork, there are some important factors to consider before committing to a vehicle purchase. Consider your business needs Before deciding whether your business needs a vehicle, it’s important...
Here are three factors to consider when you’re planning a fit out for business premises you will be leasing.
When you walk into your business premises and see the roof is leaking, your focus is going to be on getting the problem fixed as soon as possible. But what should you do in this situation? We’ve put together some simple steps to help you get damage to your business premises repaired in a timely manner. Step one: minimise further damage and check...
If your rent is due to increase based on the consumer price index, here’s your guide to how it works and the calculations which could be used to work out your rent. The consumer price index (CPI) is a measure of how much the average costs of a fixed basket of goods changes over time. It is calculated quarterly and published by the Australian Bureau...
Focusing on how to make use of surplus product has created a win-win situation for gourmet soup business, the Suppa Club. Founder David Kane set out to provide a product for those who craved pure, whole-foods, with the comfort of home-style cooking without the hassle, which gave rise to the Suppa Club. Focus on producing a ‘no-waste’ product David...
Being authentic and true to oneself has been Michelle Rimmer’s mantra since the launch of her business, Hills Massage, 20 years ago. Reflecting on her business journey, Michelle said she would tell the younger version of herself that consistency is the key to success. “You have to be consistent in the quality of your or product, your communication...
Sometimes the simplest business tips are the most important pieces of advice you can adopt, and that’s definitely the case when it comes to ‘get it in writing’.
The cost of renting your premises can be one of the biggest overheads in your business, and can put the pressure on you when a rental increase is looming. Learn about market rent reviews and what you can do if you’re a tenant facing rising rental costs. The costs of being in business are rising because of inflation, interest rate rises and other...
In Western Australia, retail trading hours are regulated and your ability to trade depends on the type of business you operate. If you are classified as a general retail shop in the Perth metropolitan region, you’ll be able to open for extended Christmas trading hours from the first Saturday in December. Regional businesses should check with their...
Using the Personal Property Securities Register (PPSR) can protect you when you’re buying, selling, leasing or hiring business assets.
If you’re setting up or buying a food based business, there are two key features to look out for when leasing your business premises.
In many local government authorities, compliance officers spend time dealing with applications in which a small business has signed a lease agreement before contacting staff to discuss if the premise is fit for purpose. Unfortunately, applicants sometimes find that in order to meet regulatory requirements, they face unanticipated costs and extended...
