Building your knowledge guides

 

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10 tips for leasing commercial premises (2 page PDF 1.2MB)

Securing a good lease is critical to your business success. These tips will help you avoid costly mistakes.


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Business finance (6 page PDF 784KB)

An essential part of being a small business owner is knowing how to set up and manage your business finances. Finance is more than just money; it is the foundation of your business. Understanding your finances will help generate income, plan future growth, meet legal obligations and maximise profits.


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Business insurance (6 page PDF 689KB)

Obtaining the right business insurance is an important part of establishing a reputable and sustainable business, and minimising risk. Your type of business and daily activities will determine the insurance cover needed. From a financial perspective it is important to research which types of insurance are required so that these costs can be included in your overall budget.


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Buying a business (8 page PDF 700KB)

The option to buy an existing business can be appealing to many potential small business owners. However, it does come with advantages and disadvantages. The key is to find a business that is aligned with your capabilities and expectations.


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Ending a partnership (2 page PDF 1.2MB)

The process for ending a partnership will depend on whether there is a formal agreement that can be followed.  If there is no partnership agreement, the process will be guided by the Partnership Act 1895.


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Marketing and branding (8 page PDF 648KB)

Maintaining and developing a successful, sustainable business depends on your customers’ perception and experience of your product or service. Marketing is the process of getting your business noticed by the people who need or want what you have to offer, whereas branding is differentiating yourself from your competitors by creating a unique impression of your product or service in the mind of customers.


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Partners in business (2 page PDF 1.2MB)

A partnership can be a satisfying, profitable and enduring form of business relationship. Before starting a business potential partners need to agree on the terms and conditions that will apply to their partnership, to avoid conflict and misunderstandings in the future. 


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Recovering a debt through the Magistrates Court (2 page PDF 1.2MB)

The Magistrates Court of Western Australia deals with claims for debt and damages up to $75,000. This publication provides information on the process if you decide to make a claim.


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Things you have to do to start your business (8 page PDF 730KB)

Starting a new business is an exciting time, however there are a few things all new business owners must do before they can begin trading. While there is no single place to ‘register’ your business, by following the steps in this booklet you will have your new business up and running. Remember though, these are the absolute minimum requirements to start your business. If you want to survive and thrive, we recommend that once you’ve read this quick guide, book a place at one of our free, weekly Business Basics workshops. The workshop covers all the essentials of starting and running your own business.


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What to do when you are in dispute (4 page PDF 630KB)

An essential part of being a small business owner is understanding how to best deal with problems. Many issues can be handled using common sense, however small problems can sometimes escalate into disputes. Often the most costly part of resolving a dispute is the time spent dealing with it, instead of running your business.