Starting A Small Business In Australia – A Complete Guide

Are you thinking of starting a small business in Australia? This article will lay out all the steps that you need to take to make your dream of building your own business and working for yourself a reality. It doesn’t matter what kind of business you are looking into or whether you have an idea or not, this article will give you all you need to know when thinking of starting a small business in Australia.

If you are living in Australia and thinking of starting a small business in Australia then you are in luck because there is a program that is run by Employment Options called the New Enterprise Incentive Scheme (NEIS) which will provide all the training and funding that you need to get your small business Idea off the ground and running successfully. This program is especially good for you if you have no idea of how to start a small business at all.

If you have a great idea, and perhaps have recognised a need in the population and you believe you can develop a service or product that address this need then you should definitely follow this idea through to fruition. The best place for you to start if you are currently unemployed and need the funding, advice and training to get your business started than I would highly recommend you to go check out employmentoptions.com.au and search for the New Enterprise Incentive Scheme (NEIS). If you’re thinking of starting a small business in Australia this is the first place you should go to.

Alternatively, there is huge opportunity to start a home business online. The benefits of starting a small business in Australia online are that it gives you huge flexibility in how you’d like to run your business. Opposite to starting a traditional brick and mortar offline business, online business have huge advantages in that you don’t need a lot of money to start.

With an online business can save a lot of money and headaches as there is no need for you to set up shop, storefront or office space, you don’t even need staff. You may be worried about not having the skills and knowledge with the internet and the whole concept is completely daunting to you, then you don’t have to worry, as with everything, there is a learning curve.

So why should you look to the internet when starting a small business in Australia? It’s simple, I will detail some of the benefits of having an online business as oppose to an offline business.

You don’t need to set up a physical shop, storefront, or office space, which means no leasing and renting fees

The target audience or customers you may cater to is worldwide, and internationally allowing greater potential for profit

Low overheads costs, because you don’t even need to hire staff, no customer service, no direct 1 on 1 selling

You can work from home, at a library or anywhere you like allowing great flexibility for you to manage your time

The internet has become a central part of everybody’s lives, more and more people access the internet on a daily basis than ever before

Money transactions can be at an instant, online money transactions are now as easy as a push of a button, thousands and millions of people are now buying and selling online

There are no shipping, distribution, packaging or delivery services that you need to worry about, especially in the case where the product or service that you are providing is in a digital form such as e-books, mp3, audio, video and documents. Basically all forms of intellectual properties are now a value commodity in the online world and people can download them instantly to their computers no matter which part of the world they are form

You don’t even need to have your own products; there is a new system for companies to market their products. This is called affiliate marketing

You don’t need a sales team or marketing experience if you have your own products, you can literally have your own army of salesmen all for free and you don’t have to pay them anything unless they make a sale, this is simply a process called Affiliate Networks.

And finally the no.1 reason why you should start an online business is because the start-up cost can be as low as $0 to $12 for a domain name and $9 per month for a website hosting account.