The small business specialists
Phone: 13 12 49
Our free Business Basics workshop will guide you through the steps involved with starting and running your own business. It’ll also help you to quickly figure out:
Research your business idea to make sure there’s a demand for your products and/or services. For example:
The best structure for your business will depend on several factors including number of owners, risk, liability and tax rate. Learn about these different business structures:
Learn more about business structures
One of the key decisions you’ll make when starting a business is which legal structure to use. Because it’s such an important decision, you should get advice from a qualified independent business, financial or legal advisor.
The ATO shows how different structures will affect the way business income is taxed
For example, the structure you choose may affect:
– the tax you are liable to pay
– asset protection
– ongoing costs
– your clients.
To operate without the worry of being fined, shut down or prosecuted:
Register a trading name
The business name registration service operates under the Australian Securities and Investments Commission (ASIC), replacing previous state and territory services so that all businesses in Australia only need to register once. ASIC helps with:
– steps to register your business name; and
– the ASIC small business hub.
Check our business names small business brief for a summary of essential information about choosing and registering names.
If you’re planning to register a domain name and get a website, learn about Website Basics at our practical workshop.
Get an Australian Business Number (ABN)
Find out about the four most common registrations required by small businesses (including an ABN).
You can also visit us and make the most of our one-stop service, while getting help with business licensing.
The insurance that’s right for you and your business will depend on many things, such as the nature of your business and whether you employ people.
Insurance can be divided into protection for three main categories:
– assets and revenue
– employees (workers’ compensation is compulsory).
Many insurance providers will offer several types of insurance bundled in a package, but insurance is a complex area, so make sure you understand all the terms and conditions of the insurance contract and get independent advice before you sign.
Check our employment business brief for a summary of essential information and then find out which industrial relations system applies to your business structure.
Western Australian industrial relations system
The Department of Commerce website and Wageline 1300 655 266 provides information on wage rates, award conditions, enterprise bargaining agreements, minimum conditions, unfair dismissal and other employment related matters under the state industrial relations system.
The national workplace relations system
If you are a national system employer (for example, a Pty Ltd company) you can call the FairWork Ombudsman Small Business Helpline for quick access to workplace relations advice. Call 13 13 94 and select option 3. The FairWork Ombudsman website also provides links to pay tools, calculators, templates and guides - and the portal for small business owners includes:
Make sure you get professional advice before committing to leasing commercial premises, because the cost in time and money to get advice about negotiating an acceptable lease for your business is likely to be many times less than what a poorly negotiated lease could eventually cost you.
When you are ready to enter into a lease agreement, call us on 13 12 49 or email to make an appointment with a leasing expert. You can also download our free eBook guides to leasing commercial property.
Analyse your current financial situation. Can you afford to start this business?
Don’t be baffled by profit and loss statements, balance sheets or cash flow statements. Make them work for you and book into an Understanding Your Business Financials workshop
Even though you can always get help from bookkeepers and accountants, the financial responsibility for your business is ultimately up to you. Use the money matters section on this website as a learning resource and download templates for:
When it comes to digital marketing, we’ve got you covered with and two workshops:
The Marketing tips and tricks section of our Tourism BOOST online guide offers a variety of adaptable examples and templates for:
– traditional advertising
– how to write a media release
– email marketing
– search engine optimisation
– social media
– the mobile revolution
– a marketing action plan.