BUSINESS STUDIES FOUNDATION
An Introduction to Business Environments
Small business ownership
Business knowledge
- Forms – sole trader, partnership and small proprietary company .
Laws and regulations
- Introduction to the types and range of laws and regulations that impact on business, e.g. business registration, business taxation, employees, work, health and safety, consumer law and intellectual property.
Unit 3: Establishing a Small Business
Business knowledge
Legal requirements for establishing small to medium enterprises (SMEs)
- ABN
- Business name Registration for tax file number
Business decision making
- Implications of legal requirements for owner/managers