The SBDC’s own Facebook group, ‘I’m a small business owner in Western Australia’, was created in 2014 to provide an active online community in which local business owners could network, ask for advice and share knowledge. The group recently hit the 15,000 member mark, and has proved to be a highly appreciated asset for small business owners to...
Tendering is the process of creating a formal offer (or ‘bid’) to supply goods, services or works as requested by a government agency or private organisation. Procurement and tender specialist Celia Jordaan also sees tendering as an opportunity to work out what you do well in your business and use that to your competitive advantage. Through her...
Find out what Western Australian business owners have said are the most important things they have learnt about running a business.
Gary Mitchell knows just how much the world of small business has changed over the past 30 years. He credits the SBDC with helping him get through the tough times to help his business thrive. For more than 30 years, Gary Mitchell has been carving a niche in WA’s small business landscape. His business, Framous Picture Framing, offers a range of...
Artificial intelligence (AI) is changing the world. If you’re ready to embrace AI but you’re not sure how to get started, consider these five ways you might use AI in your business. Until recently, using AI may have involved simply asking your phone for directions, setting a reminder or changing a song on your playlist. But recently, you may have...
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...
We’ve all been there at some point, unhappy at work and looking for a career change, or just wanting to make a go of it on your own. Starting a new business is a big deal. To help you decide if your business idea could work, we’ve put together some thought starters to get your head (and idea) in the right space. Is there a demand? If you think your...
If running a business makes you feel like there’s just not enough time to get everything done, you’re not alone. Whether you ‘are’ your business, or you manage a small team, it’s always challenging to find enough hours in every day, while maintaining a healthy work-life balance. Sometimes, the best you can do is more effectively manage the time you...
Small Business Commissioner David Eaton warns that the traditional technique of stretching working capital by delaying payments to creditors presents reputational risks, and boards of organisations need to prioritise creating a responsible payment culture. Late payments to small businesses from their larger business customers have long been one of...
What would you like to achieve ‘one day’ in your business? Perhaps adding new products to your range, upgrading your website, growing your team, outsourcing tasks you don’t enjoy, or finally getting around to working out what to do with your social media presence. As a business owner, it can be all too easy to fill the hours with the processes and...
Business owners who constantly learn new skills will be the ones who adapt best in a changing environment
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...
