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Starting your own business in Australia

Small Business

Small Business Source: AAP

Many Australians would love to be their own boss. But running a small business takes hard work. So, how do you to start and what does it take to be successful when times get tough?


There are many benefits to having a business: financial independence, flexible working hours and the possibly of building an asset that later can be sold at a profit or left to the children.

 

The Australian Bureau of estimates that there are currently more than 1.2 million sole-trader businesses in Australia, up 32,000 over the previous two years.

 

Many of these enterprises operate in construction, professional services, food retailing and online.

 

Analysts say that growth in the small business sector is linked to the recent increase in Australias population and that many of the business operators are migrants. Ndiqni raportin audio

 


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