These days, the risk of data breaches isn’t just something big corporations need to think about. Here are some essential tips and actions to help you protect your data security for your small business. Some major data breaches have made the headlines recently – and, unfortunately, these are not likely to be the only major data leaks we’ll hear...
Here is a run-down of the key changes taking effect from 1 July 2023 that are likely to have an impact on small business owners in Western Australia. New minimum wages The minimum wages for both the federal and state industrial relations systems will increase from the first pay on or after 1 July 2023. National minimum wage increase If your...
We understand that small businesses are facing an unprecedented time of disruption resulting from the coronavirus (COVID-19) pandemic. While sadly many businesses have no option other than to close their doors, here at the Small Business Development Corporation (SBDC) we are hearing about business owners who have been able to innovate and find a...
Taking some small actions can often help ease a larger burden when it comes to managing your wellbeing.
Have financial constraints caused you to avoid seeking legal advice to help you and your business? This is a situation that many small business owners find themselves in. Often, the time and resources needed to pursue a legal matter (like a breach of contract or unpaid invoice) causes business owners to walk away from the issue. The good news is...
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...
Each year we ask small business owners what they expect for the forthcoming year. Here's what they had to say.
Throughout 2018, our staff have been hitting the airwaves on RTRFM’s ‘Taking Care of Business’ show. As part of these monthly chats, we have been able to provide business advice, information on current trends and issues facing small businesses in WA and to share details of our small business workshops and events. If you missed the interviews when...
We understand that small businesses are facing an unprecedented time of disruption resulting from the coronavirus (COVID-19) pandemic. While sadly many businesses have no option other than to close their doors, here at the Small Business Development Corporation (SBDC) we are hearing about business owners who have been able to innovate and find a...
From filming wildlife documentaries to live-streaming funerals - we learn how filmmakers Riggs Australia pivoted their business during COVID-19.
The switch from employee to boss isn’t always an easy – and neither is working with your spouse. Here are some insights shared by business owners Molly and Jordan Kirk, who co-own a commercial refrigeration and air conditioning business in Perth. Molly and her husband Jordan worked for a refrigeration company and later bought out the business under...
Should you borrow money from your family? Questions to ask yourself before getting loved ones involved.