The Liberal Party is struggling to bring in sufficient funds and donations, its federal president has admitted, casting doubts over its ability to fight a snap election.

Alan Stockdale used his speech at the West Australian Liberal Party conference to appeal for donations.

"The time to act is now. Business, we need your support; you need us in government and you are minimising the chances of [us] winning government if you don't provide the financial support we need to give our leadership the best chance of being elected," he said.

With a hung parliament and Labor having to govern with the support of the Greens and independents, Mr Stockdale says illness, death, or a revolt by Labor backbenchers could trigger an election at any moment.

"We do not have the resources we need right now," he said.

"We are not garnering resources at the rate we need to garner to remain an effective political organisation with the chance that our leadership and Tony [Abbott] and his colleagues deserve of being elected to government."

Meanwhile, WA Liberal Party director Ben Morton urged the party not to become complacent and reminded Liberals that they themselves were a minority government in the west.

After the 2008 election, the WA Liberals were only able to win 24 of the 59 lower house seats compared to Labor's 26, forcing them to form government with the support of the Nationals and independents.

"We learnt that the only seats we could count on to form government are the ones within ourselves," Mr Morton said.

"We can't assume that will be any different at the next election. If we consider the next election a race, we have to admit we are starting from behind."

He warned Labor could easily win the next election.

WA Premier Colin Barnett agreed, saying despite having provided strong leadership and stability for WA, a loss of a few seats could toss the Liberals out of office.

"While we may have been seen as an effective government, it's still tenuous in terms of the numbers on the floor of the Parliament," he told reporters.

ABC/AAP