Codes of Practice
Posted by SkillMaker in Sep, 2019
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What is meant by code of practice? Codes of practice are ‘rules of best behaviour’ for business. They address a range of circumstances, describing how business personnel should interact with consumers or the community. Codes of practice describe standards against which a business can self-regulate. They provide a base against which consumers can frame their […]
Post Tagged with Australian law makers
Posted by SkillMaker in Sep, 2019
Who makes the laws in Australia? The law makers in Australia are the Federal Government, the state and territory governments and the hundreds of councils that collectively form local government. The federal and state governments were formed at federation—on 1 January 1901. As they became states, the six former British colonies agreed to hand over […]
Small business planning process
Posted by Neil F Murphy in Feb, 2017
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The process of planning a new small business is dominated by research. You will need to research all aspects of your business & environment, including researching your own abilities and expectations, your competitors & suppliers & their products or services, your customers & their needs and expectations, marketing, your locations and timing, plus the details […]
Category: BSBSMB401, Uncategorized
Small business establishment legislation in Australia
Posted by Ileana Scallan in Feb, 2017
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Starting a new small business in Australia can be exciting and overwhelming all at the same time. It is important that new small business owners understand government laws and regulations to ensure they can operate legally without ramifications. Business registration Once the business structure* is determined, it is a legal obligation that all business owners […]
Category: BSBSMB401
Glossary Small Business Legal
Posted by SkillMaker in Dec, 2016
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Category: BSBSMB401
Procurement Assessment
Posted by Chau Nguyen in Sep, 2014
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What is a Procurement assessment? Procurement assessment is the act of when assessors review and evaluate the procurement system to recognize the strengths and weaknesses. The assessor will then develop a plan based on the review to improve the procurement procedures. What is a Procurement assessment like? Assessment is like a vital process that provides […]
Category: BSBSMB401
Workplace Health and Safety Laws in Australia
Posted by Luke Shepherd in Sep, 2014
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What are Workplace Health and Safety (WHS) laws in Australia? The Work Health and Safety Act 2011 sets out framework that protects the health, safety and welfare of all workers at work. It also protects the health and safety of anyone else who might be affected by the work that is being conducted. What are […]
Category: BSBSMB401
Cost of Capital
Posted by Luke Shepherd in Sep, 2014
What is the cost of capital? The cost of capital is the cost of obtaining funds used to finance a business. It refers to the two different types of funds, equity and debt. What is cost of capital like? Cost of capital is like a receipt that you get from the future, it gives you […]
Category: BSBSMB401
Property rental agreements
Posted by Tara-sha Wilson in Sep, 2014
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What are Property rental agreements? Property rental agreement forms are used when renting a unit, house, townhouse, houseboat or apartment. These can be presented in the form of either written or oral, most commonly being written though. Property rental agreements outline the legal rights and responsibilities of the tenant and are a legally binding contract. […]
Category: BSBSMB401
Sole trader regulations in Australia
Posted by Alisha Solanki in Sep, 2014
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What are Sole traders? – A sole trader is the simplest business structure. This particular structure is cheap to set up as there are only a few legal and tax formalities. If a business is operated as a sole trader, you are legally responsible for all aspects of the business. What are Sole traders like? […]
Category: BSBSMB401