Paying for professional advice when you start a business will save you money later on. So what advice is worth paying for? The answer to this question really 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 understand the difference...
New laws impacting regulated workers and businesses and the road transport industry will come into affect from 26 August 2024. These changes aim to improve the working conditions of 'employee-like' workers performing digital platform work and regulated road transport contractors. Who are regulated workers? Regulated workers fall into two main...
Ten years ago, Ben Kraucevs bought a new home with a garden bore out the front. He searched high and low for a bore cover that was affordable, lockable and complied with Australian safety standards, but he couldn’t find one. So, he decided to make it himself. “I started working in my garage making different prototypes because I really wanted to...
Before you buy a business, it’s important to complete a risk assessment to make sure you’re not about to get into a risky business. Buying an established business can be an exciting way to make money, be your own boss and enjoy new challenges as a small business owner. It only takes a quick online search to find hundreds of 'business for sale' ads...
Find out more about the key changes taking effect from 1 July 2024 that are likely to have an impact on small business owners in Western Australia. 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 2024. National minimum wage increase If your business...
Looking to generate some business or interested in entering a new market? The WA Local Government Association’s (WALGA) Preferred Supplier Program could help you. Last year WALGA facilitated the supply of more than $380 million in goods and services from businesses to local governments, through its preferred supplier contracts. There are more than...
Meeting while working together in a government department, Frankie Holden and her partner Lorette bonded over a shared small business dream, fell in love, and the rest is history. The idea behind Mostyn & Frankie Curated Giftboxes came about when Frankie needed to buy a gift for her mother-in-law and couldn’t find anything that fit the bill. That...
Making sense of industry changes and trends can be overwhelming when you’re focused on the daily demands of running your business. The SBDC can help simplify this process by providing free access to IBISWorld, offering reports with the latest data and developments. Competitor activity, global market shifts and evolving consumer trends are always...
There are several key changes coming into effect from 1 July 2025 that are likely to impact small business owners in Western Australia. 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 2025. National minimum...
Significant changes to the Australian Privacy Act 1988 are on the horizon. They will impact how customer data is handled and bring increased scrutiny from regulators. Understanding and preparing for these reforms will be essential for WA small businesses to remain compliant and build trust with their customers. The Privacy Act 1988 (Privacy Act) is...
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 adviser, Brian Childs, for some...
What began as a passion for craft beer and a fun weekend activity with friends has transformed into so much more for Travis Moore and the team behind the brewery, kitchen and taproom Phat Brew Club. “It all started in the shed in my backyard where we were brewing funky little beers for about six and a half years, mostly just things that we liked to...
