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Guide to starting a business

Setting up your own business is exciting, but can also be challenging if you're not prepared. This guide will take you through each step of starting a business and help you understand what's ahead.

Step 6 of 6: Know the law

Get a checklist version of this guide as a Word document.

6. Know the law

Finding out your business isn't entirely above board can cost you time and money. Start off strong by setting up and protecting your business legally. Consider speaking to a legal professional to help you along the way.

Understand fair trading laws

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Support for your business finances

Checklist for

  • I have registered for home-based business licences and permits.
  • I have made sure my insurance covers home-based businesses.
  • I understand how running a home-based business affects my tax.
  • I have found appropriate premises to run my business from.
  • I have checked the rental contract to ensure I understand my rights.

Understand contracts

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Learn more

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Checklist

  • I have strategies in place to create a good work life balance.
  • I have found a good support network.

Get a checklist version of this guide as a Word document.

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