Want to have more flexibility and reduce your operating costs? Here are three reasons to run your business from home
Most businesses evolve over time. You may start off running a small home based 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...
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...
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...
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...
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...
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...
There’s no such thing as a stress-free business, as Narelle and Andrew Anderson know. Even the kind of business designed to help people de-stress can present a range of challenges – but it’s worth remembering that help is always available. Narelle and Andrew Anderson’s business The Life Spring operates across two locations. They have three float...
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...
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...