Business.sa.gov.au

Is running a business right for you?

There are several advantages to operating your own business: work flexibility, control in making decisions and the legacy you create for your family for generations to come.

While there are many benefits, it’s also a lot of hard work and can be a large investment of your time and money. There is also a risk that your business might not succeed.

Before you start your business, take the time to consider what’s involved in running a business, and decide if you’re truly ready. Doing research, being well prepared, and having proper planning can save you time and money.

Are you ready to run a business?

You should consider that most new businesses fail in the first three years of operation, often because of poor planning, management and cash flow.

Testing your business idea

In nearly all situations, you’ll benefit from testing the viability of your ideas.

Choosing your business premises

Deciding where to locate your business is an important decision, influenced by the industry in which you plan to operate and logistical links between your suppliers and customers.

Planning templates

Use these free planning templates and guides to help you better plan, prepare, manage, and exit a business. Investing time into proper research and planning can help turn your ideas into reality, and prepare you for what’s to come.

Business plan

A business plan works as a guide when your business is operating; how you operate, planning the future and preparing for risks. It is also a required document for finance applications.

Marketing plan

An effective marketing plan can help you set clear, realistic and measurable marketing objectives for your business. It can boost your customer base increasing your bottom line.

Emergency plan

Your business is critical to your financial wellbeing, so you’ll want to protect it as much as you can against emergencies and disasters.

Succession plan

Planning for the day you leave your business is a valuable investment.

Related content

Start your business

You may be thinking about starting or acquiring a business. There are several ways to start a business, and each has benefits and challenges.

Ways to start

You may be thinking about starting or acquiring a business. There are several ways to start a business, and each has benefits and challenges.

Business advice services

Agencies and organisations in South Australia that provide or point you to the assistance you need.

Grants and support services

To be a successful business owner, you should be willing to ask for advice and guidance to help take you to the next steps in increasing the security, productivity and profits for your business.