Most businesses evolve over time. You may start off running a small at-home business and then branch out to hiring staff, moving into business premises or offering new products and services. If you’re starting a business or planning changes to the way you operate, we recommend taking a moment to check if there are any additional licensing...
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...
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 advisers, Brian Childs, for some...
The latest advances in artificial intelligence (AI) have made headlines around the world. Here’s a simple starter guide to using AI in your small business – including what it’s good for and what you might like to avoid. Once confined to the imagination of Hollywood filmmakers, the powers of artificial intelligence (AI) are fast becoming a normal...
Here is a run-down of the key changes taking effect from 1 July 2023 that are likely to have an impact on small business owners in Western Australia. New minimum wages The minimum wages for both the federal and state industrial relations systems will increase from the first pay on or after 1 July 2023. National minimum wage increase If your...
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...
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...
As a small business owner it is important to make sure that if you are open for business on a public holiday or long weekend that you are prepared. Before starting your preparation find out if you are allowed to be open on a public holiday, as small retail shops, special retail stores, service stations and motor vehicle shops must be closed on Good...
Buying an established business can represent a huge challenge – and a huge opportunity. Dr Vanessa Atienza-Hipolito bought a long-standing health business eight years ago and has discovered there is always more to learn. While many business stories begin as an idea that sparks a start-up, small business success stories can take other forms too. In...
How can you effectively set goals in your business? We spoke to Trevor Flint, founder and director of Capstone Associates.
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...
As a business owner, there might be times when you have uncollected goods from your customers sitting on your premises. This might include furniture or equipment left behind in a space, or something your customer never came back to collect, such as a watch or even a car left for repairs which turned out to be more than the value of the item itself...
