Market research is essential for anyone looking to go into business, according to East Victoria Park business owner Shellie Attwood. “Don't just open something without looking around in the neighbourhood to see what is already there,” she advised. Shellie is the owner of Greenbunch, a florist, café and plant store along the popular hospitality...
1 July often brings with it a range of changes that small business owners need to be aware of. 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 2026. National minimum wage increase If your business operates...
When you walk into your business premises and see the roof is leaking, your focus is going to be on getting the problem fixed as soon as possible. But what should you do in this situation? We’ve put together some simple steps to help you get damage to your business premises repaired in a timely manner. Step one: minimise further damage and check...
Are you finding it hard to work out how much you should be charging for your services? One of the most common questions we’re asked by new business owners is how much should they be charging per hour for their services. There are a number of factors to consider when setting an hourly rate. Here are our top tips if you are running a service-based...
How can you impact your profit as a small business owner? For most small businesses, making a profit is one of the most important goals. Profitability relies on a simple accounting equation: Income – Expenditure = Net Profit In other words, net profit is your business's profit after all business expenses have been deducted from your revenue...
Many business owners can relate to this scenario; you’ve hired a professional to do Search Engine Optimisation (SEO) on your website, you’ve paid them and they’ve been working at it for months, but you haven’t seen any significant results. So what’s gone wrong? More often than not, the issue lies in a disconnect between the search intent of a...
From café to wine bar, chef Rachel Jones and sommelier Keven Osborne have co-founded one of the hottest spots for an authentic taste of the region’s oldest and finest wines. Just beyond the city’s edge, where the Swan River bends silver through the hills, West Swan Road stitches a myriad of orchards and vineyards together. This is where visitors...
If your business experiences quieter times, a digital marketing campaign can help drive new business and maintain a steadier flow of customers. Here are some expert tips to help you get started. While digital marketing can be a powerful strategy to reinvigorate your business and bring in new customers, there are some important things to know about...
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...
Supply contracting is common in a number of industries, particularly in the construction, information and communications technology, manufacturing, government and professional services sectors. We asked Lisa Legena, manager of our Advisory Services team, to share her top tips on the factors to consider before you agree to a supply contract...
Have you found yourself in a situation where you’ve finished a job only to discover you’ve only just broken even or perhaps actually lost money due to underquoting? First of all, don’t beat yourself up. Most small business owners discover at some point, particularly when starting out, that they have underquoted. Here are some tips to help you avoid...
If you’re setting up or buying a food based business, there are two key features to look out for when leasing your business premises.
