Start a business

Start a business

Running a successful small business involves more than just working for yourself.

Before you leap in you need to consider three important aspects:

  • Will the business satisfy your needs?
  • Do you have enough skills to run the business?
  • Do you have a sound business proposition?

Experience suggests you are more likely to succeed if there is a good match between your business venture and your skills, interests and motivations.

Some tips on starting a business:

  • Learn as much as you can about your proposed business.  Use networks like business associations and ask questions.
  • Be realistic about the effort, time and money it will take.
  • Keep accurate financial and customer records from the start.
  • Find a good accountant, lawyer, banker and insurance agent.

Case Study

Over 1,000 Australian stores stock the product and it is exported to Thailand, USA, South Africa and, recently, to New Zealand, and the UK.

Jonathan and Elizabeth Slottje
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