If your business sells gift vouchers, there are some key differences in your Goods and Services Tax (GST) payment and reporting requirements.
The City of Kwinana was one of twenty local governments to participate in the SBDC’s Small Business Friendly Approvals program over the past two years. Since 2021, the City has implemented the majority of reforms they identified to improve the small business experience in Kwinana. The City of Kwinana was selected for the Small Business Friendly...
By his own admission, Kade Sims is adept at counting beans – the coffee variety that is, not financial figures. So, when the owner of Beck & Call Coffee in Albany considered expanding the business model for his niche coffee roasting enterprise, he sought assistance from the Business Local network to put together a competitive grant application. An...
Many small businesses come up with great products and services, but struggle to find the right audience online. Knowing where your customers are spending time online is a key component in understanding how to market to them. Many small businesses come up with great products and services, but struggle to find the right audience online. You already...
If your business sells gift cards you should be aware of the current consumer laws, which came into effect on 1 November 2019. Legal requirements for gift cards There are three key parts to updated gift card laws, which apply to cards and vouchers supplied to consumers from 1 November 2019: A three year mandatory minimum expiry period for gift...
Carrying out a couple of quick checks online can help you avoid falling prey to fraudulent sellers and suppliers targeting small business owners. When looking to purchase products or services for your business, finding a great deal can often be the deciding factor in choosing to buy from. Unfortunately in many cases, a deal that appears to be ‘too...
The SBDC’s own Facebook group, ‘I’m a small business owner in Western Australia’, was created in 2014 to provide an active online community in which local business owners could network, ask for advice and share knowledge. The group recently hit the 13,000 member mark, and has proved to be a highly appreciated asset for small business owners to...
Personal development is the ongoing process of assessing your values and goals, and developing skills and qualities to reach your potential. For small business owners, who often ‘are’ their business, ongoing personal development forms an important part of business success. However, without a formal personal development plan, developing your...
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...
Making the most of local events is a great way for you to boost sales and market your small business. While running your own event takes a fair amount of time, effort and creativity, attaching your marketing to a local event can make your life a great deal easier. Local events such as street fairs, festivals, outdoor concerts, and sporting can...
Tax is a fact of life for every small business owner but, with proper planning, it doesn’t need to be something to fear. We sourced tips from an accountant about how to approach tax time proactively. Greg Mawer is an accountant and business advisor who took his love of numbers to a new level with the launch of his business, Accumulate Accountants +...
Withholding retention payments in construction can affect subcontractors’ cash flow and profitability. Often used in the construction industry, retention is a fixed percentage of the total payment due for a contract, withheld for a period after the work is completed. It’s there to make sure that the contractor or subcontractor properly completes...