Business in Cockburn | April News and Updates

April 2023 | View this in your browser

Welcome to the business in Cockburn e-Newsletter.
Here are your quick links: G rants open I Become a defence supplier I N etwork with LinkedIn I C ashflow Workshop I Instagram for business I Work from home tax changes

City of Cockburn business grants open now

The City is offering $100,000 in funding for business grants to support local businesses.

You can apply for grants in three different categories:

Technology or digital grants,
Enhancements to local retail or employment centres
Promotion of innovation.

Applying is easy through our online portal, Smarty Grants. You can start your application and save it as you go.

Technology or digital grants can help cover costs associated with online and e-commerce activities, such as:
🎯 Website design and development
💰 E-commerce platforms
🔥 Digital marketing promotion
🙌 Mentoring and training in online and e-commerce activities.

Enhancements to local retail or employment centres can be used to improve the visitor experience in local activity centres, such as through painting, repairs, landscaping, or public art elements.

And promotion of innovation grants can be used to encourage new and innovative practices and products across three different areas, including innovation, export growth and start-up businesses.

If you're a solo, micro, small or medium-sized business located in the City of Cockburn and meet the eligibility criteria, don't hesitate to apply.

Let's work together to support your business growth and success.

Apply Now

Have you considered becoming a defence industry supplier?

We’re excited to invite local business owners to a very special breakfast briefing event on Thursday 27th April, from 7-9am to learn more about becoming a supplier to the defence industry.

Join us for an inspiring and informative session presented by Greg Blycha Defence Business Advisor, from the Office of Defence Industry Support (ODIS).

Greg will be sharing his expertise on how to become a defence supplier, the benefits of getting accredited, and the support available to small and medium sized businesses.

You'll also hear from Phil Holman, the CEO of Vista Energy, who will share his personal journey with ODIS in supplying services to the Defence industry.

This is the perfect opportunity to network with other local business owners while learning from an industry expert.

Register now to join us for a morning of inspiration, learning, and connection.

Take your networking skills to the next level

Join us at the FREE Micro Business Networking Group on Wednesday 26 April, from 9.30-11am, where we'll be joined by Jo Saunders, Perth's leading LinkedIn professional.

During this event, Jo will show you how to blend your networking to extend your impact with LinkedIn. You'll discover how to become more visible, stand out, and be found by your ideal clients through the power of LinkedIn.

You'll also use LinkedIn to extend your face-to-face networking. It’s like swapping your business cards, but with the added bonus of not losing them or ruining them in the wash!

During the event, Jo will lead interactive activities using the LinkedIn mobile app to help you improve your profile and connect on the spot*.

This fun, relaxed and free networking event is not to be missed! Register now to attend and take your networking skills to the next level.

*Please have the LinkedIn mobile app on your phone for this event.

Save your spot now

Cashflow versus profit; the key to business success

Have you ever wondered why your profit and loss statement shows a profit, yet you still struggle to pay bills, taxes, and wages?

It's because business profit doesn't always mean good cash flow. That's why it's crucial to get clear on the difference between cash flow and profit.

Join us for a FREE informative workshop on Tuesday 9 May, from 10-12pm. You’ll get an understanding of cash flow, budgeting, and financial reports, including:

An overview of the chart of accounts
Explaining profit and loss and balance sheet reports
How to create and compare budgets.

This workshop is brought to you by the Small Business Development Corporation (SBDC) and delivered by Bookwiz, a multi-award-winning business advisory firm.

Boost your small business with Instagram

Instagram is one of the fastest-growing social media platforms today. With more than a billion monthly active users worldwide, it's a powerful tool that can help you grow your business and connect with your audience.

If you're wondering how to best leverage Instagram for your brand, then come along to our FREE workshop on 30 May, 9am-12pm in Success. This workshop is brought to you by the Small Business Development Corporation (SBDC).

Whether you're completely new to Instagram or have a little experience, this workshop will provide you with the knowledge and skills you need to succeed.

You'll learn:

How to set up your Instagram account
What your first posts should look like
How to grow your following
50+ post ideas to get you inspired
How to use hashtags
How to analyse the performance of your account
Advertising on Instagram

By the end of the workshop, you'll have a solid understanding of how to use Instagram to grow your business.

Claim your free spot now

Understand the ATO’s working from home tax changes

With many people now embracing a flexible work culture, working from home at least some of the time has become normal.

The Australian Taxation Office (ATO) has recently made some changes to how you calculate tax deductions if you work from home, including changes to the way you calculate home based expenses.

As a business owner, it’s vital to keep all the necessary records for tax purposes – and it’s equally important your employees do the same.

The ATO has provided some helpful guidance here on the changes so you can keep up-to-date. You can also learn more about these changes in the article published by the Small Business Development Corporation (SBDC) here. And remember, seek professional advice if needed.

For our full suite of business support services including business security, business events, waste, management, licences, permits and more please visit Business in Cockburn.

To get in touch with the Business & Economic Development Team, please email business@cockburn.wa.gov.au or call 08 9411 3444.

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