One silver lining of the COVID-19 pandemic and recent supply chain shortages impacting many industries, has been an increased appreciation of the significance of small businesses to local communities all around the world. The concept of localism (supporting the local production and consumption of goods) as opposed to globalism has really taken...
Taking some small actions can often help ease a larger burden when it comes to managing your wellbeing.
Do you feel like a vehicle you purchased for your business has been more trouble than it’s worth? No one likes the idea of having purchased a lemon, especially given the expense of buying a vehicle and your expectation of how it will save you time and money. As warranty periods can be limited, especially for second hand vehicles, the most important...
With so many social media marketing options to choose from, you might not have given much thought to email marketing for your business. If you’re new to the idea of email marketing, here’s why it’s worth considering – and how to make an impact in today’s digital landscape. Email marketing is a simple and cost-effective way to deliver content...
There is a range of support available to help small businesses affected by Ex-Tropical Cyclone Ellie and Tropical Cyclone Ilsa in the emergency regions. The emergency regions include the following local government areas: Ex-TC Ellie Shire of Broome Shire of Wyndham-East Kimberley Shire of Halls Creek Shire of Derby-West Kimberley TC Ilsa Shire of...
October is Indigenous Business Month. In celebration of the event, we have prepared a round up of business support available to Indigenous, Aboriginal and Torres Strait Islander businesses in Western Australia throughout the month and beyond. Indigenous Business Month is held to raise the profile of business as a vehicle towards self-determination...
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...
Thinking about using your know-how to start your own consulting business? Here are some important things to consider to help you make a business from your expertise.
Buying a franchise can be a great pathway to running your own business. Before signing on, make sure you’ve sought advice and considered these seven key areas.
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...
Small business lottery agents have had a win that will help their long term sustainability. The Western Australian Government has announced a suite of initiatives to help newsagents and lottery retailers, including an increase in the commissions they receive for selling Lotterywest products. The 10.8 per cent increase, effective from December...
Feeling confident in your abilities is a strong starting point when you’re considering running your own business. Jarrod Whitbourne was able to manage demanding FIFO shifts as a boilermaker while completing an accounting degree - a juggling act that first gave him confidence in his business capabilities. With 10 years of industry experience and a...