You may be entitled to compensation if your landlord is carrying out works that are causing disruption to your business. Some of the situations in which you can claim compensation are: if general works are being carried out by the landlord in your shopping centre or building the shopping centre or building are being redeveloped the disclosure...
If your business sells any kind of unpackaged, ready-to-eat foods, it’s important to keep your customers safe from food-borne illnesses. Here’s what you need to know about the new food safety management standard introduced in Australia – and what action you need to take. It’s not pleasant to imagine the consequences for your customers, business and...
Starting a new business is an exciting venture, but it comes with its own set of financial and legal obligations. One of the most crucial ones is managing your tax. Imagine receiving your first company tax bill and shortly after, a notice to pay your first PAYG instalment for the upcoming financial year. This scenario often catches new businesses...
“Like” it or loathe it, there’s no doubt influencer marketing has become a powerful marketing tool in recent years. But will it work for your business? Influencer marketing (also known as branded content) is a form of social media marketing which involves promoting a product or service through someone with a large social media following. If you’ve...
Want to have more flexibility and reduce your operating costs? Here are three reasons to run your business from home
Owning a small business is like having a child that doesn’t sleep, according to Tamara Cook, owner of events management agency, Known Associates Events. “Of course, it’s extremely joyful but it’s also all-consuming and always in the back of your mind,” said Tamara. Freedom of running own business Tamara founded Known Associates in 2007. The...
If you have a great idea for a new product, you’re at the start of an exciting but complex business journey. From developing your idea to testing demand in the market and finding the right manufacturer, here’s your guide to the steps involved in turning your idea into a new product available for sale. Step 1: Develop your idea Developing any new...
Households are increasing their online shopping activities and looking to support local - will they be able to find your business?
Focusing on how to make use of surplus product has created a win-win situation for gourmet soup business, the Suppa Club. Founder David Kane set out to provide a product for those who craved pure, whole-foods, with the comfort of home-style cooking without the hassle, which gave rise to the Suppa Club. Focus on producing a ‘no-waste’ product David...
The recent three day lockdown of Perth and Peel over the Anzac weekend was another hurdle for small businesses to jump in a marathon year. I want to take a moment to once again recognise the significant part you are playing in supporting the long term recovery of our WA economy by complying with the lockdown closure orders and the ongoing...
The Australian Taxation Office (ATO) has recently announced changes to how your employees can calculate tax deductions if they work from home. Here’s your guide to the changes. Millions of Australians work from home for some or all of their working week. If your business is structured to have your employees working from home at some stage, they...
If you supply products or services to other businesses, you may find that your clients seem to be deliberately prolonging paying your invoices to help control their own cash flow. However, even when this expected income hasn’t come in on time, you still have operating costs to meet in your business. Managing the impact of late payments on your...
