Melbourne Metro Tunnel Opening: Benefits for Small Businesses 

The highly anticipated Melbourne Metro Tunnel is set to open later this year, promising increased foot traffic and connectivity for businesses near the new stations. If your business operates in affected areas, consider updating your marketing strategy to attract new customers.

New Sustainability Grants for Small Businesses

The Victorian Government has launched a Sustainability Business Program, offering grants of up to $25,000 to help small businesses improve energy efficiency and reduce environmental impact. Eligible projects include solar installations, energy audits, and waste reduction initiatives. Applications close March 30th.

How the $20,000 Instant Asset Write-Off Affects Small Businesses

Great news for small businesses! The Federal Government has extended the deadline for the Instant Asset Write-Off Scheme, allowing businesses to claim immediate tax deductions on eligible equipment and vehicle purchases. Ensure your claims are submitted by June 30, 2025 to take advantage of this opportunity.

Support for Regional Small Businesses

The Victorian Government has announced additional funding for small businesses in regional areas, including grants for marketing, training, and infrastructure improvements. Applications for the Regional Growth Fund are open now.

Assistance for Businesses Impacted by Bushfires

Bushfires can have a significant impact on businesses, and recovery often requires tailored support and resources. Whether you're preparing for future emergencies or recovering from a recent event, it’s essential to know where to find assistance. Here’s an overview of support and services available for businesses affected by bushfires in Victoria.

The 3G Closure: What it Means for Small Businesses

The 3G networks for Telstra and Optus are about to be switched off on the 28th of October. Vodafone has already switched off their 3G network. This change is set to have a significant impact on small businesses across the country. Major telecommunications providers, including Telstra, Optus, and...

The Right to Disconnect: What it means for small business owners

The boundaries between work and personal life are becoming increasingly blurred. Many Australian workers are expected to stay connected and responsive long after their official working hours have ended. But the "Right to Disconnect", new legislation set to take effect for large employers on August 26, 2024, will likely change that. As a small business owner, it's important to understand what this law means for you and your employees. The Right to Disconnect, introduced under the Fair Work Amendment Bill 2024, gives employees the legal right to switch off from work-related communications outside their usual hours. In other words, unless there's an urgent need, employees are no longer required to answer emails, calls, or messages once they've clocked off.

Report Shows 50% Surge in Payment Disputes from Struggling Businesses

The Australian Small Business and Family Enterprise Ombudsman (ABSFEO) has reported a significant increase in requests for assistance from business owners dealing with payment disputes and fears of insolvency. With over 6254 requests for assistance from the Ombudsman in 2023-24, up 10 per cent from the previous year, there are growing concerns from businesses either owed money by potentially insolvent companies or facing challenges in meeting their own financial obligations. 

Small Business Grants 2024

The deadline to apply for the City of Melbourne Small Business Grants is fast approaching. Small businesses have until Tuesday, 24 September 2024, at 12 pm to submit their applications. These grants offer up to $25,000 to help businesses grow, create jobs, and innovate in the local economy.   Access the Grant Writing webinar replay, and other useful information.

Case Study - KS Name Painting

Transforming KS Name Painting with SBMS Support!

Discover how Ki Soo Lee turns names into vibrant artworks at Queen Victoria Market. Thanks to the support from SBMS, Ki has revamped his stall with a new logo, signage, and online presence. Check out how this collaboration made a difference and what’s next for KS Name Painting!

Read more about Ki Soo's journey.