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Infographic: How do I start a business

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Infographic: How do I start a business?

I want to start a business: how do I do it?

'To love what you do and feel that it matters - how could anything else be more fun?' - Teresa Coffey, business owner, RTW.

96 percent of all Australian businesses are small businesses. Are you ready to become a business owner?

Find and keep customers

Develop a marketing plan for online and offline marketing - businesses with an online presence earn $350,000 more than those who don't.

Tools to help:

Get financially savvy right from the start

More than 80 per cent of business failures are due to cashflow issues.

Tools to help:

Researching and planning: is it worth it?

Writing a business plan is a great way to refine the goals and ambitions of your business. Review it every six months - it should evolve based on your experiences and failures.

Tools to help:

Spend time on what matters the most

Business Victoria makes it easier for you to manage your registration, licensing and compliance needs - freeing you to spend time on your business.

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Should I hire staff?

Find out what options are available. Be organised and clear about the tasks you want your staff to complete.

Tools to help:

Get help or learn a new skill

  96% of all Australian businesses are small businesses   Find & Keep Customers   Marketing Plan   Pricing   Setting up my business online   Money, profit and accounting   Researching & planning: is it worth it?   Spend time on what matters the most   Market Research   Business plan   Checklist: Starting a business   Business name registration checklist   ABLIS   IP Protection   Should I hire staff?   Employment hiring options   Workshops and Events   Tips and Case studies   Join our community   Tips to your inbox, sign up now   Business finance basics   Debt recovery   Manage your cashflow   Financial Calendar