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Start a business

Business Point

Start a business

Are you thinking of owning and managing your own business? It can be a rewarding experience if you know and have what it takes to make it a success. The following information will help you get off to the right start.

Planning your business

Planning a new business requires a lot of forethought and research. Here you will find questions and information to challenge and help you in your decision-making process.

Setting up your business

Setting up your business includes making decisions on subjects such as your business structure, the location of your operations and whether you should buy or lease. Use these resources to cover the factors you may need to consider.

Your business and the law

Just as you put together a business plan, you need to approach the legal aspect of a business in a systematic manner. Here you can find out more on laws that apply to your business could include licences and registrations, contracts and leases.

Financing your business

Good financial management is critical to the ongoing success of your business. When you're starting out, you need to work out how much funding you need, where you can get it and how to manage your financial arrangements.

Risk management

Businesses can be susceptible to many risk factors including interest rate or price increases, your competitors’ activities, workplace injuries, skilled staff leaving or natural disasters. Managing risks is an important part of running your business.

Safeguarding your business

The very act of starting your own business involves an element of risk. You can minimise your risk and safeguard your investment by using risk-management practices such as registering your intellectual property, getting appropriate insurance and by using business resources such as mentors and industry advisors.

Migrating your business to Tasmania

Moving your business to Tasmania may be the best move you ever make. As part of our welcoming lifestyle and beautiful scenery, Tasmania is an island of opportunity when it comes to business success. The state’s existing industries drive an innovative and vibrant Tasmania and with the roll-out of the National Broadband Network (NBN), the digital economy will create new opportunities for existing businesses as well as stimulating the growth of new enterprises.

Business Licence Information Service (BLIS)

BLIS is a one-stop-shop for high-level information on a range of Australian, Tasmanian and Local Government controls that you must comply with when operating a business in Tasmania.  These controls include licenses, permits, approvals, registrations, codes of practices, standards and guidelines. A national system will be made available late 2012.

Enterprise Centres Tasmania (ECT) 

Business consultants from Enterprise Centres Tasmania offer free and confidential guidance on areas such as business planning, management, financial management and marketing. ECT offer state-wide workshops covering a wide range of topics relevant to small business.

Check out their latest workshops, networking opportunities and other events.

Business Mentor Services Tasmania (BMST)

BMST provides free business and community mentoring services. BMST has over 130 experienced, successful and accredited volunteer mentors that offer statewide support.

 

 

This page has been produced by the Department of Economic Development, Tourism and the Arts. Questions or comments concerning the contents of the site can be directed to the webmaster by email to info@development.tas.gov.au.

The URL for this page is: http://www.development.tas.gov.au/economic/business_point/start_a_business    This page was last modified on 9th March 2012.