Settlement Guide: Starting a small business in Australia

Starting a small business is an exciting venture, but it’s a one that comes with numerous challenges. Let’s take a look at how you can make this process simpler and more gratifying.

Man serving a customer Source: Getty images-Thomas barwick

Key points:

• Many lenders offer small business loans, so explore any hidden fees and prepare your documents before applying or accepting an offer
  
• Family businesses in Australia account for almost 70 per cent of all businesses, employ over half the population
  
• Small businesses make up nearly 35 per cent of Australia’s GDP, 44 per cent of its workforce

You can read the full article here

https://www.sbs.com.au/language/english/how-can-you-start-a-small-business-in-australia