This information is syndicated to the Capital Region BEC by business.gov.au in partnership with Federal, State and Territory Governments.
Starting a new business
How can I get advice & support? You can take advantage of a broad range of advice and support offered by the Australian Government.
How do I make my business more innovative? Innovation is not just about inventions. It's about new ideas and responding to new trends and market conditions, or improving existing products and services.
What are my taxation obligations? Understanding your taxation obligations is important when starting up a new business. Various federal, state and local government taxes and rates can apply, depending on the size and location of your business.
What are the legal requirements? One of the first things you need to find out when you're starting out is what laws apply to your new business.
Buy or lease business premises The location of your business can be an important factor in its success. So you should carefully assess what's the right environment for your business.
Order & purchase stock Efficient stock control is having the right amount of stock in the right place at the right time.
Arrange insurance It's essential to arrange insurance when you're starting out in business - you should insure your company, your income and your commercial risk.
Set up record keeping & accounting systems It's a legal requirement for you to keep records of your business transactions for a minimum of five years, so it's important that you have good record keeping practices in place.
Hire staff Good employees can be your greatest asset, so recruiting and retaining the right person is important.
