A key reason why some people consider buying an existing business aside from the existing infrastructure is the ongoing cash flow. However, buying a small business isn’t as easy as shaking hands with the owner. In Australia, there are steps and processes that you have to go through to get that business.

It’s essential to find employees that have the right skills and mindset for the job, as well as employees who are likely to be good long-term fits for your company.

No matter what type of business you plan to start, a business plan is essential to get yourself organised. Writing a business plan for a small company requires as many details as a larger enterprise, and will be just as useful for potential investors and lenders as it will be for you.

With so many people launching their own ventures, it’s more important than ever to put together a plan before you go live with your business. Here are six simple steps to help you start a small business from home.

Google Analytics has emerged as a fast, easy and cost-effective way for small businesses to collect and monitor data. With its user-friendly interface and great visuals, Google Analytics makes it easy for small business owners to monitor the performance of their marketing initiatives.

In May of this year, an estimated 66 percent of Australian small- and medium-sized businesses said that they were worried Australia would soon face a recession. And while Australia was the only major country to dodge the 2008 global recession, Australia’s small businesses were right to be worried this time around.