Whether your business is surviving, thriving, or just getting off the ground, it is important to know if your business is viable. What does it mean to be a viable business? Viability refers to something working successfully over a sustained period of time. Ensuring your business can survive and overcome obstacles that may arise is an important part...
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...
Problems and delays getting invoices paid can be an issue for all types of business – and contractors and subcontractors in the construction industry can be hit particularly hard. Many subcontractors and suppliers have to spend considerable amounts of money to pay for the materials and labour they need to complete a project. Issues and delays...
A passion for sewing and lessons from her dressmaker mother motivated Fiona Larkins to move from retail management to running her own clothing alteration business at the tender age of 24. In 2024, her city-based business is celebrating 30 years, and still going strong. Location, location, location Armed with a can-do attitude, Fiona identified a...
New laws designed to create greater flexibility for companies to either restructure their operations to survive, or liquidate their company in a more orderly and less costly way, have now become law.
If you’ve wondered whether your food based business could benefit from using delivery apps, here’s some food for thought. With so many delivery apps to choose from, it’s never been easier for someone to have a meal, snack or special treat delivered to their door. If you run a food based business, you might have wondered if it’s time to get your...
Find out more about the pros and cons of short term leases and one could be right for your business.
It makes a lot of sense to reduce your waste, phase out single-use plastics and choose the most sustainable options for your business - but it’s not always easy. The ban on single use-plastics in Western Australia has given rise to a lot of new product options. When you’re looking for alternatives to single-use plastics, or simply looking for any...
If you’re a small business owner with limited resources, recruiting new staff can be a demanding exercise. To help you get through the process in a timely manner, we’ve put together tips to help you sort through job applications, run interviews and, most importantly, find the right person for the job. Identify the skills required Write down exactly...
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...
Most business owners who’ve worked hard to establish their business, want to see it continue to thrive after they leave. A succession plan, or exit strategy, determines the best way to leave a business, whether that’s by sale, passing it onto other family members, introducing new management, or simply reducing your role in the business. Succession...
Keen to hone your skills on Facebook, Google, Canva and more? Make use of these free online learning resources. Making time to learn new skills is an important part of being a small business owner. While we have a wide range of low cost business skills workshops on offer at the SBDC, you can also take advantage of self-paced lessons on the...