Melbourne – the capital of Victoria – is a vibrant, multicultural city. It’s laneways host an array of bustling small businesses, from bars and cafes to boutiques, galleries and theatres. Indeed, Melbourne is a fantastic city in which to start a small business.

It can be difficult to find the right location for your promising new start-up, especially when considering factors such as cost of living and livability. Luckily, Melbourne ticks these boxes, which may make Melbourne an attractive location to base your promising new start-up in.

Starting a business in Melbourne, or anywhere else in Victoria, is exciting, but it requires plenty of planning. You need to be certain that there is a market for your products or services before you launch. You also need to become familiar with the tax and regulatory requirements of operating a business in Victoria, while also having the financial means to invest in growing your business.

While all small businesses are unique in their own ways, generally speaking they all move through similar company growth stages throughout their lifetime. Every business, no matter how big or small or which industry it serves, will invariably move through the following four business development stages of growth over its lifetime:

Australia’s start-up sector is one of most rapidly growing in the world, making it a great place to launch your own small business. Which Australian city is considered the best business location? Keep reading to find out!

Starting your own business can be difficult, especially in today’s hyper competitive digital era. Competition is rife, and the stakes are high. To succeed, start-up business owners can benefit from having a business marketing plan to help them stand out from the pack and attract new customers.

Sydney, Australia – 9 October 2025 BizCover has been appointed as the exclusive direct distributor of Berkshire Hathaway Specialty Insurance’s (BHSI) Professional Indemnity (PI) insurance, including Information Technology Liability and Allied Health Combined Liability, for small and medium-sized enterprises (SMEs) in Australia.

BizCover BizCover is a proud sponsor of the Small Business Development Conference supporting the NEIS Association (New Enterprise Incentive Scheme) and BECA (Business Enterprise Centres Australia). It was held in Melbourne in early October.

Small business theft is a costly reality for Australian SMEs. From disappearing cash to stolen tools and stock, theft can strike businesses of every size and sector when they’re least expecting it.

To celebrate Valentine’s Day we went straight to the heart of owners from a variety of industries and asked them what they love most about their small business. From the challenges to the flexibility, and everything in between, read on to explore what’s to love about being your own boss.