Running a business from home provides a number of cost and lifestyle benefits, including a range of eligible tax deductions. Home-based businesses provide an opportunity to save on rent, the time and cost of commuting while providing flexibility in your work hours. It can also provide valuable ‘breathing space’ while you grow your business...
Could predicted jobs of the future spark ideas for your new small business?
Following the great feedback we received last year, our staff will continue to hit the airwaves on RTRFM’s ‘Taking Care of Business’ show in 2019. Through these popular interviews, which started last year, we’ll be providing advice and information on current small business trends and the key issues facing the sector. If you miss the interviews when...
According to the Australian Competition and Consumer Commission (ACCC), three children have died and at least one child is seriously injured every month after swallowing or inserting button batteries in their bodies. Button batteries, also known as coin batteries, are small silver-coloured batteries which contain hazardous chemicals and can pose a...
Our latest research shows that small business is generating real returns for the Western Australian economy.
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...
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...
Are you thinking it may be time to move on from your business? If you’re planning to sell your business, your mind has probably jumped to thoughts of how to manage the sales process and the price. But before listing it for sale, there are important housekeeping tasks to help you: package your business so that it’s attractive to a new buyer make the...
With spring in the air, now is the time to take stock of your business and get organised before the busy festive season
Nobody likes an awkward conversation. As tough as it may be, it’s hard to avoid difficult conversations when you’re in business. Here are some tips to help you plan ahead and ensure difficult conversations run smoothly and calmly. Difficult conversation #1: A client hasn’t paid you When you spend so much of your time working to attract new clients...
Small business deserves and needs equal access to justice. A renewed federal focus on unfair business contracts has offered some hope of levelling the playing field when it comes to disputes with large suppliers or head contractors. However much remains to be done to ensure small businesses are empowered to stand up for themselves in a commercial...
Burnout is a state of exhaustion that is typically caused by chronic stress. While not a diagnosable medical condition, it is now classified by the World Health Organisation (WHO) as an occupational phenomenon.