I need business advice

I need business advice.

Running a small business requires skills and knowledge of a variety of areas. You will build up your expertise as your business develops. Knowing where to get help and find relevant information is important for your business success.

These topics cover most aspects of running a business and will help you to build up your knowledge. You can contact one of our business advisers or a Business Local service provider in your area if you need further information on any of these topics.

Topics in this section.

Starting your business.

Starting a business is exciting and will probably be one of the biggest decisions of your life. Now that you’ve decided that your business idea is feasible and you’ve identified possible markets it’s time to get down to business.

Business structure.

One of the key decisions you’ll make when starting a business is which business legal structure to use. Because it’s such an important decision, you should get advice from an accountant, business, financial or legal adviser.

Business licences and permits.

You may require licences or permits to operate a business in Western Australia. Our free Business Licence Finder can help identify what you will need to get started. The results can be tailored to your business needs.

Business premises.

Selecting the right option for accommodating your business is one of the most important decisions when getting started. A great location can help improve sales and productivity, attract the right kind of clients and good employees.

Dealing with coronavirus.

A range of support information focused on the needs of small business owners to help manage disruption associated with coronavirus.

Leasing business premises.

If you are thinking of starting or buying a business you may also be considering leasing business premises. A lease is a legally binding contract and a serious financial commitment.

Financial management.

Managing your money is more than just knowing how much you have in your business bank account – proper records are vital for understanding the financial state and cashflow of your business.

An overview of tax information relevant to small businesses including your tax registrations, tax obligations, record keeping requirements, and potential tax deductions and concessions.

Legal essentials.

Obtaining legal advice is an essential aspect of running a small business. You may typically seek legal advice to better understand your legal obligations; and before signing a lease or entering into a contract.

Marketing.

To be successful in business you must be able to attract and retain customers. Learning about your customers and offering products and services which meet their needs is an essential aspect of marketing.

Employing staff.

Your staff are one of your greatest business assets, so it’s vital that you hire the right people for the job. Once you’ve found good staff it’s important to look after them to create a vibrant business.

Insurance and risk management.

As a small business operator, it’s important to protect your business against unforeseen events such as loss or damage to assets and revenue, legal claims, and injury to employees.

Small business workshops.

Small business workshops are the perfect way to get your skills up to speed.

Small business advisory service.

We provide free business advice to help current and aspiring small business owners in Western Australia.

Intellectual property.

Intellectual property can be a valuable business asset so it’s important you understand and know how to protect it.

Grants and tenders.

You may be eligible for a grant in certain circumstances, such as business expansion, research and development, innovation or exporting.

Innovation.

Innovation is the development and application of ideas that improve the way things are done or what can be achieved.

Avoiding and managing disputes.

Disputes arise from time to time in small businesses over a range of issues and can involve customers, suppliers, partners, and employees.

Managing stress and anxiety.

Being your own boss can be exciting, challenging and sometimes stressful. Watch out for the warning signs that stress and anxiety are starting to build up, as this can affect you, your business and your employees.

Exporting and importing.

Exporting and importing are two strategies for expanding your business. Both allow you to potentially reach new markets.

Exiting a business.

At some stage all business owners must face the prospect of exiting their business and just like when you started, it’s important that you meet all your obligations when ending or departing the operation.

Business Local service.

Business Local advisers provide free* advice and guidance to help you start and grow your business – and being local, they really understand how things work in your area.

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