Stories you loved in 2018
These are some of the stories which grabbed your attention during the year.
1 - Time to prepare for WA’s plastic bag ban
The State Government introduced a ban on single-use plastic bags, which came into effect from 1 July 2018. For small business owners, there was a six-month transition period to allow you to make the necessary changes and use up existing stocks before 1 January 2019. With the ban on single-use plastic bags now in play for all businesses, we’ve put together a run down on the types of banned plastic bags, as well as some tips on using more environmentally-friendly customised bags that can also help you promote your business.
2 - Improved small business support services across WA
In 2018 we made some enhancements to our Business Local outreach program to provide you with improved small business support services. In regional Western Australia, this includes access to free business advisory services; delivered face-to-face, over the phone or digitally. In the Perth metro area, the program provides a range of workshops to compliment the free business advisory services you can access directly from us at the SBDC.
3 - Business ideas are everywhere
One of the most frequently asked questions we hear is “what kind of business should I start?”. Ideas appear in many places and we provided some practical tips on where you might find inspiration for a new business opportunity.
4 - July 2018 changes which may affect your business
A new financial year often brings with it a number of changes that may impact on your small business. Changes introduced from 1 July 2018 included a new minimum wage, changes to penalty rates, country of origin food labelling and the introduction of Goods and Services Tax (GST) on low value imported goods. Take a look back at our article on July changes that may affect your business.
5 - $20,000 instant asset write off explained
Research by American Express revealed that almost half of small business owners were unaware of the Federal Government’s $20,000 instant asset write off. To help you find out more about the initiative, and whether it’s something that would benefit your business read this overview and how to access the $20,000 instant asset write off.