Using the Personal Property Securities Register (PPSR) can protect you when you’re buying, selling, leasing or hiring business assets.
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...
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...
The State Government has approved extended trading hours for general retail shops in the Perth metro area in the lead-up to Christmas. While businesses classed as small or speciality retailers can generally trade across whichever hours they choose, if you’re a small retailer that’s based in a shopping centre (and have to follow standard trading...
Once you’ve developed your business plan, successfully launched your business and are starting to enjoy life as an entrepreneur, you may be thinking about the best ways to take your business to the next level. Whether you work from home or from other premises, one way to get more done in your business is to hire some extra hands to help. Hiring...
Government contracts and tenders offer a lucrative business opportunity for small businesses as well as larger organisations. Multi-million dollars of federal, state and local government opportunities are advertised each year. But do small businesses have the muscle power to win these contracts? How small businesses can compete for government...
Would you know what to do if a business stopped paying your invoices or became insolvent? What you may not know is that in these situations you are considered to be an unsecured creditor and there are some important government regulations you should be aware of to try and protect yourself from losing money or assets. What is a creditor? You are a...
Regularly reviewing your business costs and raising your prices is good practice to stay profitable. Follow our three steps to see if it is time to review pricing for your business.
Here’s your guide to what to do if a product you make, sell, import, distribute or otherwise work with in your business is recalled for safety reasons. Every business has a responsibility to make sure their products are safe for consumers, no matter where you are in the supply chain. This means that whether you manufacturer, import, distribute or...
Having a written cancellation policy is a must for businesses that offer services, to protect your business and stay on the right side of the law.
Are you finding that your payment reminders are being met with excuses? It’s a common scenario many business owners are experiencing. Here at the SBDC, we often hear from small business owners, particularly subcontractors in the construction industry, who say they are struggling to be paid on time. But when the only ‘evidence’ of a contract is...
More customers, longer hours and an increased workload can add up to festive fatigue for your team. Here’s your guide to looking after your staff members to help avoid burnout over the Christmas and New Year rush. While the Christmas carols tell us our days should be merry and bright, the reality can look very different for small business owners...