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How to Start a Small Business: A Complete Step-by-Step Guide

You’ve had the dream—now let’s make it real.

Starting a small business can be pretty overwhelming, especially if it’s your first time. But don’t worry—We will guide you on each and every step.

Grow smarter, save time, and increase profitability with our dedicated business advisory services in Perth. Our experienced team delivers tailored support to help WA small businesses make data-driven decisions, streamline finances, and thrive in competitive markets.

No matter if you’re considering starting a side hustle, opening a brick-and-mortar store, or venturing into the world of online, our step-by-step guide will help you through the process of starting a small business from ground zero to execute it without taking stress, so you can launch with us confidently.

1. Start with a Solid Business Idea

The very first thing you need to do when launching a small business is to develop a solid business concept. It should be something that you care about, something that you excel at, or a true need that you’ve identified. Spend some time researching your potential market and finding a gap that your product or service can fill. The most successful companies usually come from ideas that solve real issues or provide real value. Not sure which business structure suits you? We’re available 9AM-9PM for you. Book a free consultation with one of our Accountant

2. Make a Business Plan That Serves You

Once you know what you want, the second step in determining how to begin a small business is to write a business plan. It tells you what your business is, who your customers are, how you will get to them, what your budget is, and how you will turn a profit. A good thought-out plan also makes it simpler to look for funding, partners, or present your idea later on. Your next big move starts here. Let’s map it out together. Book a Free Consultation With Us.

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3. Select the Proper Business Structure

One of the most significant aspects of starting a small business is determining the proper legal structure. This choice will influence how you will pay taxes, how much personal liability you will have, and how complex your paperwork will be.

Taking the time to select the proper setup upfront can save you a great deal of trouble down the road. Your Business setup is just one step away –  Click here for more information.

4. Register Your Business and Legitimize It

“You Focus on Your Vision; We’ll Handle Your Company Registration in WA”

Now, it’s time to register your business and legitimize it. This process is crucial when learning How to start a Small Business, as it lays the groundwork for all that comes next. You’ll need to reserve your business name with your state, obtain any necessary licenses or permits from, we will help you to get registrations for ASIC, GST, TFN, PAYG, ABN, APN and TBP. These actions make your business compliant with local, state, and federal regulations, which will enable you to open a bank account, pay taxes, and function without legal complications.

We will register and set up an Australian company for you, handling all the complexities of entering a new market.

With over 10 years experience in Australian business regulations, our team manages all regulatory requirements, guiding you through the local business landscape.

For Registration visit our website.

5. Set Up Your Finances from the Start

One of the most significant things you can do when determining How to start a Small Business is to organize your finances properly from the very beginning. You will get your own dedicated accountant at a fraction of the cost – no need to pay a fulltime inhouse accountant. We also help you for Bookkeeping for your startup and offers 50% Off for our bookkeeping package – valid till 31st May 2025. Utilize accounting software to monitor your income and expenses, and begin budgeting for anticipated and unforeseen expenses. Need guidance for it – Book a free consultation with us.

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6. Launch and Start Promoting Your Business

Now comes the exciting part: launching your business. After all the planning, research, and setup, it’s time to put yourself out there. A big part of understanding How to start a Small Business is learning how to promote it. Utilize social media, word-of-mouth, and local advertising to make people aware of your business. Gather reviews, request referrals, and continually fine-tune your strategy as you progress. The more consistent you are, the quicker your business will develop.

7. Final Thoughts on How to Start a Small Business

“You bring the dream—we’ll bring the direction”

Determining how to start a Small Business may look daunting at first, but it is much easier with our expert guidance, you’ll gain the clarity, tools, and support you need to confidently take each step—from shaping your idea to setting up the right structure, building your brand, and launching your dream with impact..  All successful entrepreneurs began where you are—at the starting line. We don’t just give advice—we walk beside you, turning your business vision into an actionable plan and real-world success—all you need to do is make the initial move. Book a call with Us.

We are also partnered with one of the leading mortgage brokers (Broker360) who can assist you with asset financing if needed.

Want a printable version of this guide? Download our PDF here.

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