Starting a business can be both an exciting and scary time. You’re taking a leap of faith and backing your own ability. But before you start, save yourself from a big headache later on by being aware and having an understanding of what’s required to run a successful business.
A well-crafted plan from the outset will be the key to your success. Working for yourself isn’t just about setting up a home office and getting down to business- it involves a whole lot more. You’ll need to grasp the basic principles of management, finance, strategy, marketing and other skills to grow and maintain your business. But we’re here to help with our beginners eBook, ‘How to Start a Business In Australia – 2019 Edition’, which you can download for free.
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Peek Inside the 7-chapter guide on How To Start a Business In Australia – 2019 Edition
Search how to start a business on Google, and you’ll find yourself quickly overwhelmed.
There’s plenty of information out there. It’s almost impossible to digest it all.
That’s why we’ve team up with 11 industry experts to demystify the process and break it down into 7 easy-to-follow chapters.
Chapters:
- Introduction – Are you ready to start a business?
- Create a business plan
- Set up your business
- Financing your business
- Get the right business insurance
- Build your team
- Promote your business
Download your copy of the eBook now
Introduction: Are you ready to start a business?
In this chapter, you’ll need to consider key questions:
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- Do you know why you are starting your business?
- Are you willing to do what it takes to launch a business?
- Have you done your research?
- Do you know how many sales you need?
- What do I need to do before I start trading?
Chapter 1: Create a business plan
In this chapter you’ll learn to:
- Write a vision statement
- Conduct Market research
- Calculate your business and personal finances
- Set goals and create an action plan
Chapter 2: Set up your business
In this chapter you’ll learn to:
- Registering your business with ASIC
- Getting an ABN
- Trademarking your business wit IP Australia
- Set up your business website
Chapter 3: Setting up your finances
In this chapter you’ll learn to:
- Decide on your business structure
- Access if you need an Accountant or bookkeeper
- Set up a business bank account
- Understand your tax obligations
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Chapter 4: Getting the right business insurance
In this chapter you’ll learn to:
- Understand the different types of insurances
- What you need to be covered for before opening your doors
- Maintain your policy
Chapter 5: Build your team
In this chapter you’ll learn to:
- Understand the different types of employee structures
- About the Fair Work Act 2009
- Understand the process for hiring Contractors
- Probation periods
Chapter 6: Promote your business
In this chapter you’ll learn to:
- Setup Google My Business and register with other local directory services
- Understand who your market is and how to target them
- Implement best practices to track and measure marketing activity
- Create a marketing action plan
The information in this eBook is not intended to provide financial advice and is a guide only. The content does not take into account your personal situation or financial needs. BizCover does not guarantee that the information provided is accurate or complete. Should you need more further information about any of the topics in this guide, please consult it is suggested that you consult specialist advice and conduct your own research. The opinions expressed by the Contributors are their own, not those of BizCover and should not be relied upon in place of appropriate professional advice.’