What type of business should I start?

culled from:http://www.business.gov.au
Do you want to start a new business, or would it be better to buy an established one?
Starting a new business requires time and money. You'll need to research the market, raise finance, establish contacts, find a location and maybe hire new staff.

Common business structures and types

There are a number of business structures and types that you can consider. We've provided some info on popular or common types, including:

• home-based business
• family business 
• online business
• starting as an independent contractor
• franchise
• importer
• exporter.

Buying or franchising

You may also consider buying an established business or franchise. An existing business or franchise has the advantage of having operations and processes already in place. For example,  the premises and stock, customer base, suppliers, WHS processes and income stream may already be established and save you time when starting your business.

Other considerations and assistance

Before you make a decision it's also important to consider the different legal, operational and business requirements for each industry you are considering.
To ensure you choose the right structure and type of business, consider talking to a professional business advisor, accountant or solicitor for advice. Search for your nearest government-funded business advisor using our Advisor Finder.