Starting a Business

Duration

15 hours – 3 hours a week for 5 weeks (Tuesday night)

Schedule

Please refer to the dates tab on our website or 'Register your Interest' to be notified of more upcoming dates as they are published. 

Prerequisites

Photo Identification (including your date of birth)

What You Learn

Should I be in business?

Should I start from scratch or buy and existing business or become a franchisee?

What business structure should I have?

Do I need a business name?

What registrations do I need for taxation?

What do I need to consider if I need to engage ‘workers’

What is a business plan and do I need one?

What are the different financial reports?

What options are there for recording the income and expenses of my business?

What should I consider when applying for finance?

How can I market my business?

What You Get

This course gives you the skills and knowledge required to set up your own business and answers the question ‘should I even be in business?’ This course is perfect for those who have started a business and are feeling out of their depth. At the end of the course participants walk away with the confidence of knowing what they need to do to start and operate their own business including Colin Thompson’s ‘Starting your own business’ checklist.

Colin has over 30 years experience in accountancy and banking.   In that time he has worked with small and large businesses, rural farming and auditing.   Colin is passionate about supporting small business owners to get their business off to the right start.

Materials to Bring

Pen and Notepaper

Photo Identification (including your date of birth)

Dress Code

Casual

Description

STARTING A BUSINESS

This course is for people who are thinking of starting a business including structure, business names, taxation, GST, employing staff, business plans, financial reporting, finance and marketing

Content

  1. Should I be in business?

  2. Should I start from scratch or buy and existing business or become a franchisee?

  3. What business structure should I have?

  4. Do I need a business name?

  5. What registrations do I need for taxation?

  6. What do I need to consider if I need to engage ‘workers’

  7. What is a business plan and do I need one?

  8. What are the different financial reports?

  9. What options are there for recording the income and expenses of my business?

  10. What should I consider when applying for finance?

  11. How can I market my business?

Student Support

At South West TAFE we’re here to help you complete your studies happily and successfully.

From the moment you start thinking about course options until you finish, you’ll have access to a range of student support options, covering enrolment, education, social and personal issues, including:

  • Education Pathway Officers who can help you with information sessions, fee payment options, TAFE and university pathways, career pathways and campus tours
  • A DHHS registered Disability Support Team
  • Koorie Liaison Officer
  • Student Wellbeing Officer supporting your personal and social needs
  • Library and Research Centre
  • Bookshop supplying a range of textbooks and stationery
  • Student Learning Support including literacy and numeracy