How can you start a small business in Australia?

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

How can you start a small business in Australia Source: GettyImages_LuisAlvarez

Highlights

• In Australia, a small business is identified as a venture or a company that employs less than 19 people.
• The Australian Government bars certain people from owning a business. This includes people who have claimed bankruptcy or have been convicted for a crime.
• Once you have a concept for your business in a place you’ll need to register a name with the Australian Securities and Investments Commission (ASIC).

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