How easy to open small business in Melbourne?
Very easy. The first thing you need to do is register your business name with Consumer Affairs Victoria. There’s a small fee involved; and it is compulsory to register under The Business Names Act (1962). The next step would be to draw yourself up a business plan. Usually, this comprises of – . A Business Overview (what your aim is for your business, what location you want your business to operate from, where you plan the business being in a couple of years, etc.) . Product or Services (what your business sells or provides, and why your business should be chosen by potential customers) . Market Analysis (you need to checkout what competition there is to your business, and whether the area even needs your product/service) . Marketing Strategy (you need to draw up a list of plans and tools you plan on using to attract customers) . Key Objectives & Financial Overview (you need to list what you want to achieve and how much money you expect to make over certain timeframes) There are plenty
