Chapter 1: Starting a Business

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This chapter will assist you in understanding the various business structures, their characteristics and reporting requirements so that you can choose the most appropriate for your business. Information on franchising, home-based business and independent contractors will also be provided as well as the relevance of legislation and its impact on your business, such as the Trade Practices Act 1974 and Fair Trading Act 1987.

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You can also watch videos, listen to audio, download a PDF or start the quiz.Starting a Business

1.1 Choosing a Business Structure

1.2 Franchising, Home Businesses and Independent Contractor

1.3 Reporting Obligations and Compliance

1.4 Trade Practices

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