Personal development is the ongoing process of assessing your values and goals, and developing skills and qualities to reach your potential. For small business owners, who often ‘are’ their business, ongoing personal development forms an important part of business success. However, without a formal personal development plan, developing your...
Learn about the strategies you can put in place before 30 June to maximise your business’ tax return.
While the process of setting up a business partnership is relatively straight forward, finding the right business partner to work with is an entirely different ball game. While you might think starting a business with a friend or relative is a great idea, there are some important factors to consider before entering into a business partnership. Five...
Invoicing - something every business owner needs to know how to do, but are you getting it right? As a business owner, you’re required to provide proof of purchase within seven days and a tax invoice within 28 days of it being requested or having supplied goods and/or services.. Getting your invoicing right will not only save time, but will also...
Fiona Taylor is a health and wellness coach, running her business Choose Healthy while managing the demands of a separate day job. Fiona offers online food workshops, challenges, webinars and in-person workshops and presentations on food, energy and self-care. With 27 years of experience in the health and fitness industry, Fiona is well-placed to...
The founder of Impact Digi, Tamara Bin Amat, advises other indigenous businesses to stay true to their roots and collaborate with other community-driven enterprises as a path to business success. Impact Digi is a Karratha based digital design business which employs a team of nine. Its client portfolio includes fellow indigenous and non-indigenous...
Running a small business is hard enough without having to worry about hackers. The good news is that a few simple habits can make a big difference to keeping your business safe online. We’ve outlined seven simple steps to strengthen your cyber security and help keep your business, and your customers, safer. Install software updates to keep your...
With spring in the air, now is the time to take stock of your business and get organised before the busy festive season
When deciding to structure your business as a Pty Ltd Company, it’s important to understand exactly what protections operating under a company structure does and doesn’t offer. An incorporated company, often recognised by the addition of Pty Ltd after the company name, is one of the structures you may consider for your new business. A company is a...
Your business name is a valuable asset, so when you receive a renewal notice your first thought is often to pay it straight away. While the notice letter or email may look official, you may not realise that it may have been sent by private organisations looking to make money from you. These unsolicited approaches are often made just before the...
We’ve all heard the saying that ‘cash is king’, but despite the popularity of this phrase cash flow is an area of business that is often neglected. Being able to effectively manage your cash flow is key to the long term survival of your business. It will also allow you to maintain enough working capital to operate through quiet periods. Your cash...
If you renew your business trade mark through a private business, rather than IP Australia, you could end up paying three times more than required. You also run the risk of giving away future control of the management and renewal of your trade marks. Who is IP Australia? IP Australia is the Federal Government department that administers...