Thinking about using your know-how to start your own consulting business? Here are some important things to consider to help you make a business from your expertise.
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...
Did you know that bubble wrap was originally sold as a textured wallpaper? As history has shown us, it wasn’t a viable product for its intended customers. The success of online business ideas or other small business ideas will always depend on a range of factors. Some factors are out of your control, such as interest rates, tax brackets and the...
Many small business owners are unaware that they may be required to obtain various local government approvals for their new premises, to ensure they are operating in compliance with the relevant planning, building and health legislation. Here’s how to avoid costly and disruptive mistakes. It’s an exciting time for your business. You have a strong...
Many small businesses start as a hobby business or ‘side hustle’ which you might run in your spare time while holding a job with another employer. Setting your own hours and being your own boss might sound like a dream when you’re working while running a business on the side – but it’s important to make an informed decision before you decide to...
Cameron Kissell knew that working as a FIFO tradesman wasn’t something he wanted to do forever. With the purchase of a large block of land, he and his wife Clare set their sights on business ownership. Their journey wasn’t an easy one, with lots of twists and turns along the way. But today, the couple are proud business owners, operating Edge...
Bushfires, cyclones and floods have already affected many WA businesses, and as our climate continues to change, these risks are becoming more frequent and less predictable. Make sure you have the proper plans in place to protect your business - including your employees, customers, premises and documents. It’s not easy to think about what would...
Nobody likes an awkward conversation. As tough as it may be, it’s hard to avoid difficult conversations when you’re in business. Here are some tips to help you plan ahead and ensure difficult conversations run smoothly and calmly. Difficult conversation #1: A client hasn’t paid you When you spend so much of your time working to attract new clients...
With prime position in the lobby of a busy inner-city building, Viaje Coffee was thriving under the management of Hugh Nguyen and his business partner Wayne Kang. “Before the pandemic, our business was going well,” said Hugh. “Viaje Coffee had a very loyal customer base and our business was growing. Then, COVID had a massive impact. The building...
Someday Somehow Brewing in Vasse, on the outskirts of the City of Busselton, is the passion project of Ryan White, who, after a decade of winemaking, ‘saw the light’ and made the switch to brewing beer. Launched in 2024, Someday Somehow is a small boutique brewery that proudly produces gluten free beers and non-alcoholic beverages. Due to the...
Lou Corteen’s journey into the world of food manufacturing began with a simple compliment. “A friend raved about my green tomato chutney and told me I should sell it. I thought, ‘Yeah, OK, that’s what I’m going to do,” Lou recalls with a laugh. From that spark, Urban Forager was born, starting as a small venture at local farmers markets. Lou’s...
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...