Thinking of starting a business?

If you’re considering starting your own business, it is important to understand what’s involved and whether you’re suited to being self-employed.

Consider these important factors before you start your business journey:

How do I choose a business name?

What skills do I need to start a business?

What are my business goals, objectives and skills?

How much income will my business need to generate?

Is this a business or a hobby?

What are the advantages and disadvantages of starting my own business?

Have you written your business plan and marketing plan?

When you’re finally ready to start your business, you will need to follow these important steps to ensure you’re on the right track.

Are you considering employing staff?

If you need to employ staff to run your business, make sure you understand the government requirements that may apply to you as an employer.

Use this checklist to guide you through things like:

Wages

Superannuation

Leave entitlements

and for links to free tools and templates.

To help you get started, there is a broad range of advice and support offered by the Australian Government that you can take advantage of.

There are a number of free or low cost advisory services available that provide advice and assistance to businesses across Australia.

Search for your nearest government-funded business advisor in your local area using the governments Advisory Services.

Find Mentoring services in your state or territory.

Use the governments free Starting a business checklist to guide you through the various stages.

Check out Events for seminars and workshops on how to start your own business.