Your guide to starting a small business in Australia

Firstly, let’s answer the question ‘what is accounting?’ and get on the same page. Accounting is the recording, analysing and summarising of financial information. It’s imperative in helping you understand the financial health of your business and planning your...

Many would-be small business owners have a very focused idea of what they want to do. They have a specific passion and a high-resolution vision. Others may not be necessarily so purposeful, and perhaps have many competing talents and more of a raw drive to be one...

I bet you didn’t know that last year over 250 000 people started their own business? Have you ever thought of joining these hundreds of thousands of Aussies? When you consider the reasons for people leaving their job to become their own boss, such as achieving a...

Your business brand identity is one of the main reasons customers buy from you: Who are you? Why should they buy from you? What are you all about? These questions are why you need to pay attention to brand identity and all the branding activity which accompanies...

For those small business owners looking to avoid the harsh reality of failure, learning from common and famous business mistakes is an excellent remedy to your own possible missteps. Small business mistakes and ultimate failure is all too common and there’s a...

You have a tantalising small business idea, a solid financial basis, and a lot of determination, but no business strategy. What is a business strategy and why does a good business idea need one, you ask? Finding success is momentous task unto itself but...

What is a director in a company exactly? What is their role? How does it differ to the role of a CEO or managing director?  As a small business owner, what do you need to understand about the role of a director? What is a director of a company? The director of a...

If you’ve started or are starting a new business, there’s lots of decisions to be made that can have a huge impact on the day-to-day running of your business. Getting on top of the tax obligations and regulations that apply to your business can seem overwhelming....

If you’re setting up a new business, you’ll need to know how to get an ABN in Australia – otherwise know as an Australian business number.  Finding out how to get an ABN is one of the first steps you’ll take, and it’s not as daunting as it sounds. But what an ABN...

If you’re setting foot into the small business world and are unsure of how to write a business plan, don’t worry – we’ve got you covered with our free small business plan template! To kickstart your new venture, we also combined the free downloadable business...

Budgeting and forecasting for small businesses sits at the very heart of profitability and success. If forecasting and budgeting for small businesses is inadequate, the ability to turn a profit, grow a business, get finance and endure into the future could be...

You simply can’t have too many small business budgeting tips. For good reason too, a properly managed budget is your most important financial blueprint. For those small businesses who budget effectively, there are innumerable rewards in terms of boosting savings...

Successful entrepreneurs have a lot in common. The characteristics successful entrepreneurs share might also be some of your own. Any soul who steps out on their own, registers a company and launches a start-up will, at some stage, ponder what makes a successful...

When you’re starting a small business in Australia, you’ll need to decide which of the four main types of business structures you’ll operate under. A business structure refers to the legal construction and obligations of a business or organisation. Your chosen...