You’ll find a wealth of information relating to starting and running a small business at these websites. Add them to your list of favourites for quick reference.
Everything you need to know about planning and starting your own small business can be found under the ‘How-to guides’ on this website. Comprehensive information on running a business is given on issues such as employing staff, intellectual property rights and occupational health & safety issues. The site also gives you access to some useful checklists, essential government forms and links to online resources with information and advice pertinent to each State and Territory.
Understanding taxation obligations and record keeping requirements is vital for business owners. The Australian Taxation Office (ATO) website contains up-to-date information on relevant legislation and news articles. There are rates tables and calculators for PAYG withholding, superannuation, GST, capital gains tax and others. There are also facilities to lodge business activity statements and annual statements online.
AusIndustry is an Australian government initiative which provides incentives to help Australian businesses through over 30 business programs including innovation grants, tax and duty concessions, small business development, industry support and venture capital. It delivers about $2 billion to more than 10,000 businesses and 100,000 individuals every year. AusIndustry can assist businesses large and small across Australia.
According to their website, The Australian Competition & Consumer Commission (ACCC) “promotes competition and fair trade in the market place to benefit consumers, businesses and the community…Its primary responsibility is to ensure that individuals and businesses comply with the Commonwealth competition, fair trading and consumer protection laws.” This site contains practical advice on dealing with customers and with other businesses, product safety and labelling and a range of other things to do with running a small business.
Business Enterprise Centres (BECs) are community-based, not-for-profit business assistance organisations located throughout Australia. These centres offer business advice and a variety of support services to small businesses such as training programs, networking events, seminars, workshops and one-on-one mentoring services. Costs for these services vary, so visit the website to make enquiries.
YOUR ACTION PLAN
- Visit these websites and bookmark them for future reference!
- Research the benefits and costs of a business mentoring service.
Contact the Crown Noble team today on 07 4636 6655 for assistance with this Action Plan!
This blog is provided as general information only and does not consider your specific situation, objectives or needs. It does not represent accounting advice upon which any person may act. Implementation and suitability requires a detailed analysis of a client’s specific circumstances.