Business

Ask anybody who has done it, and invariably, the answer is “managing people”.

I’ve heard it compared to running a kindergarten or herding cats – neither of which sounds like fun. 

For many years, I would have answered the same: managing people is hard!

But then something changed – one day, I realised that I had the […]

Today, we’re delving into a crucial topic for anyone looking to elevate their childcare business—Strategic Growth.

Scaling your childcare business goes beyond just increasing enrolment numbers. It’s about growing in a sustainable and aligned manner with your mission and values. Strategic growth ensures that you’re not just getting bigger, but you’re getting better.

Here are some […]

Don’t start from scratch when you can buy a business

Why reinvent the wheel when you can acquire an existing business?

Starting from scratch may seem like a blank canvas, but it often entails a long and uncertain journey. In contrast, buying an existing business offers several advantages that can make the entrepreneurial journey smoother and […]

Perth, the capital city of Western Australia, has become a coveted destination for business buyers in recent years. With its booming economy, exceptional quality of living, and a wide array of businesses for sale in Perth it has established itself as a hotspot for entrepreneurs. 

Perth offers a wide range of business opportunities across various […]

News story: Grants of up to $25,000 are now available to support the regional Early Childhood Education and Care sector.

Last updated: 22 January 2024

https://www.wa.gov.au/government/announcements/grants-now-open-attract-child-care-educators-regions

The Attraction and Retention Packages for Regional Child Care Workers Program enables regional Local Government Authorities (LGAs) to apply for grant funding to attract and retain educators to regional Western Australia […]

It is the season to…

That which is valued is largely determined by personal, collective, and societal values. Share values promote and enable cohesion, integration, tolerance and understanding. Appropriately applied, values facilitate mutual respect. Win, Win.

At this time of the year many, regardless of religion or spirituality – if any- take pause to reflect and […]

In light of rising interest rates and the challenges associated with securing loans, vendor finance emerges as a strategic option for business divestment. This method, gaining prominence post-COVID-19, involves the current business owner providing financial support directly to the buyer, bypassing traditional mortgage routes. Seeking legal and financial advice is crucial when opting for […]

Leasing or buying plant, equipment and vehicles
When choosing whether to buy or lease plant, equipment or vehicles for your business, you need to consider what your business needs are and your finances.

Leasing vs buying

When acquiring plant, equipment and vehicles for your business, you have the option to lease or buy.

Leasing means you borrow your […]

Why a Business Broker Should Be a Vital Member of Your Business Team

In the dynamic and ever-changing world of business, it is crucial to have a team of skilled professionals who can provide guidance and expertise throughout various stages of entrepreneurship. Among the key individuals often overlooked is the business broker. In this article, […]

The greatest difference between the best and the rest is mindset. The way one thinks determines their entire life’s path. The most successful people are those who don’t focus on the negative or obstacles, but instead focus on their vision, their strategy, and their goal. Thinking about your future or about your past will […]

WA tops national population growth

Australia’s population has recorded its fastest growth in 15 years as overseas immigration surged with WA achieving the most rapid growth of any state.

WA’s population grew by 2.3 per cent in the year to December 2022 compared to national growth of 1.9 per cent, the highest seen since 2008.

The Bureau […]

Why buy a business that already exists instead of starting one from scratch?

What you are buying is a proven track record. An existing business has infrastructure, financial history, brand power, assets, staff and more. Some estimates say that one in three new small businesses in Australia fail in their first year of operation and […]

Selling a business can be a complex and emotional process, with a lot at stake for both the seller and the buyer. Unfortunately, many business owners make common mistakes when selling their business that can significantly impact the final outcome. This article will discuss some of the most common mistakes people make when selling […]

The five entities that a buyer may choose to set up to buy a business in are:

A company
A company and trust
A trust on its own
A partnership
Sole trader

In my experience, the majority of buyers buy their business in a company entity. It is also becoming common for accountants to set […]

Perth is Buzzing!
Perth, the sunny and beautiful capital city of Western Australia is commonly known as one of Australia’s greatest innovators of science and technology, largely thanks to Western Australia’s booming mining and energy production. Perth is bustling with entrepreneurs and innovation, both SME and large enterprises.
Perth can truly be defined as a global […]