Tax time can be a stressful time for many business owners. It can be confusing keeping on top of deadlines, changing rules and deductions. The best place to start with your taxes is by enlisting the help of a tax professional to make sure you’re on track with your deductions and tax obligations. You don’t want to claim for deductions you later find...
Households are increasing their online shopping activities and looking to support local - will they be able to find your business?
Email marketing can be a powerful and cost-effective tool for connecting with your customers. With the right approach, you can reach your audience, drive sales, build relationships and much more. Here are five mistakes to avoid so you can make the most of email marketing for your business growth. Email marketing can have a big impact on your...
Not sure where to start when it comes to promoting your business on social media? Social media can seem overwhelming, but fortunately there are a few basic principles that can help guide you through the ‘getting started’ stages. The golden rule of social media is to engage with your target market on their preferred platform, using relevant and...
You can now add up to four additional ANZSIC codes to your ABN, to reflect your business activities more accurately. Events such as COVID-19 have highlighted the importance of accurate business information to allow government agencies and emergency services to provide tailored support and services to businesses when needed. This has led to changes...
The news of a local business, a play centre, having to close because they couldn’t access appropriate insurance cover hit the media this week. Unfortunately, the situation this small business found itself in has become increasingly common. Hardening of the insurance market Because of a number of factors affecting underwriters’ risk appetite...
Want to have more flexibility and reduce your operating costs? Here are three reasons to run your business from home
Supply chain management can be complicated. There will always be factors you can’t control including global events, economic conditions and industry challenges, which can impact your supply chain. To help support your business, it’s worth examining the risks involved along your supply chain and finding ways to streamline your processes. Steve...
Looking to generate some business or interested in entering a new market? The WA Local Government Association’s (WALGA) Preferred Supplier Program could help you. Last year WALGA facilitated the supply of more than $380 million in goods and services from businesses to local governments, through its preferred supplier contracts. There are more than...
Many small business owners are unaware that they may be required to obtain various local government approvals for their new premises, to ensure they are operating in compliance with the relevant planning, building and health legislation. Here’s how to avoid costly and disruptive mistakes. It’s an exciting time for your business. You have a strong...
While the process of setting up a business partnership is relatively straight forward, finding the right business partner to work with is an entirely different ball game. While you might think starting a business with a friend or relative is a great idea, there are some important factors to consider before entering into a business partnership. Five...
If you’re expecting a surge in business in the 2023-24 financial year that will boost your taxable income, now is the time to plan ahead to make sure you meet your obligations and maximise your cashflow. Take a look at your expected taxable income for this current financial year (2022-23) - that’s the assessable income for your business minus any...