The latest advances in artificial intelligence (AI) have made headlines around the world. Here’s a simple starter guide to using AI in your small business – including what it’s good for and what you might like to avoid. Once confined to the imagination of Hollywood filmmakers, the powers of artificial intelligence (AI) are fast becoming a normal...
As a small business owner it is important to make sure that if you are open for business on a public holiday or long weekend that you are prepared. Before starting your preparation find out if you are allowed to be open on a public holiday, as small retail shops, special retail stores, service stations and motor vehicle shops must be closed on Good...
Buying an established business can represent a huge challenge – and a huge opportunity. Dr Vanessa Atienza-Hipolito bought a long-standing health business eight years ago and has discovered there is always more to learn. While many business stories begin as an idea that sparks a start-up, small business success stories can take other forms too. In...
How can you effectively set goals in your business? We spoke to Trevor Flint, founder and director of Capstone Associates.
Are you thinking of funding your business with a bank loan? It may be helpful to know what financial institutions are looking for when deciding whether to approve your business loan application. How banks decide whether to give you a business loan While there are a few different ways to fund your business, including through your own savings or...
As a business owner, there might be times when you have uncollected goods from your customers sitting on your premises. This might include furniture or equipment left behind in a space, or something your customer never came back to collect, such as a watch or even a car left for repairs which turned out to be more than the value of the item itself...
Turning a hobby into a side hustle business can be a labour of love, but one business owner warns others to be careful of the ‘fine print’ of regulations if you are working from home. Empire Copper is owned and operated by husband and wife team Cam and Beth Hayes as a side hustle, while they still work full time in the sheet-metal industry and...
There are indications that a global trend termed ‘The Great Resignation’ will see more workers than usual quit their jobs following the COVID-19 pandemic. What could this mean for you? In 2021, a survey by consulting firm PwC Australia found that 38 per cent of workers wanted to find a new job in the next year, while people management platform...
Did you know that bubble wrap was originally sold as a textured wallpaper? As history has shown us, it wasn’t a viable product for its intended customers. The success of online business ideas or other small business ideas will always depend on a range of factors. Some factors are out of your control, such as interest rates, tax brackets and the...
United by a dream to “do aged care differently”, nurses Julie Arnould and Carole Bain launched their business, Perth Care + Companion Company, in 2019. Fast forward just three years and Perth Care + Companion Company (PCCC) now employs more than 100 healthcare workers, with around 90 per cent of them women. The business was recognised as a state...
Keen to try out a retail business idea without the cost or commitment of a long-term lease? A pop-up shop may be the answer. Not having the finances needed to get a great business idea off the ground is a common situation many would-be entrepreneurs find themselves in. Pop-up shops are a great way to give your business idea a go without the cost or...
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...