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Information Resource Centre
Starting or Buying a Business
Starting a New Business
Sub-Topics in this Section
Business Planning
Researching Your Market
Choosing Your Premises
Purchasing Equipment
Costs And Suppliers
Obtaining Staff
Advertising and Promotion
Customer Service
Business Operations
Legal Issues
Financial Management
Taxation
Insurance & Protecting Your Business
Articles under this Topic
How to start a business
How to register your business name
How to register for an ABN
Should you buy or lease capital expenditure?

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UID : 667026
TID : 21


Starting a New Business
You've considered your options and now you know that the best thing to do for your future is to start your own business! You have the ideas, you know your market and you have the determination to succeed but where do you go from there? Read on for everything you need to know about starting your own business.
Sub-Topics within this Section:
Business Planning
An effective business plan can mean the difference between you staying in business or going back to working for someone else. Businesses don't  ...more.
Researching Your Market
Most businesses don't plan to fail but one of the biggest contributing factors to the failure of small businesses is lack of market research. If  ...more.
Choosing Your Premises
When starting a new business, one of the more important decisions you will make is where will you locate your business. It is no coincidence that  ...more.
Purchasing Equipment
Buying the necessary equipment for a new business, hardware or software, is often an overlooked expense for small businesses. Trying to decide what  ...more.
Costs And Suppliers
It is imperative that you do not underestimate the importance of stock control and maintenance. It is also important to know how to cost jobs and how  ...more.
Obtaining Staff
It is likely you will need to hire staff to help you run your business effectively. Even if you plan to be the sole employee of your new business,  ...more.
Advertising and Promotion
Advertising and promotion is vital to any business, but for a new, start-up company, it is crucial to its overall success. Getting your business name  ...more.
Customer Service
Customer service will play a major role in your business success. Serving customers and understanding what they want from your business is the first  ...more.
Business Operations
In order to run your business successfully, you will need to ensure it is operating not only efficiently but also cost-effectively. This means  ...more.
Legal Issues
When starting a business, there are a number a legal requirements you have to consider such as what company structure you will use and the sort of  ...more.
Financial Management
You've made the decision to start your own business, now you need to obtain financing for it. You will also need to know the best ways to manage  ...more.
Taxation
One thing you can always be sure of - no matter what you do in life, there will always be a tax involved! Minimise your risk with this outline of the  ...more.
Insurance & Protecting Your Business
Regardless of how much you plan, you cannot escape the unexpected which is why it is so important to protect your business to the best of your  ...more.
Articles in this Section:
(Check the Sub-Topics For more Articles).
How to start a business
Starting a business is not as simple as opening your doors to the public. A great deal of planning, research and knowledge is needed to ensure the  ...more.
How to register your business name
Registration of a business name is compulsory before a business starts trading unless you are trading under your own name or initials and haven't  ...more.
How to register for an ABN
An Australian Business Number (ABN) is the number used by the Australian Taxation Office (ATO) to identify a business in all its dealings with the  ...more.
Should you buy or lease capital expenditure?
The buy, lease or rent decision is essentially a financial decision which takes into account several matters such as cost, cash flow and strategic  ...more.
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