Starting a small business

TaskRespond to the followin" rel="nofollow">ing characteristics and issues in" rel="nofollow">involved in" rel="nofollow">in startin" rel="nofollow">ing and runnin" rel="nofollow">ing a small busin" rel="nofollow">iness: Outlin" rel="nofollow">ine the key proposals contain" rel="nofollow">ined in" rel="nofollow">in the budget for 2015-16 and 2016-17 that may impact on small busin" rel="nofollow">iness owners in" rel="nofollow">in Australia. Identify any limitations of these proposals for a small start-up busin" rel="nofollow">iness in" rel="nofollow">in regional Australia. List and defin" rel="nofollow">ine the key characteristics and issues in" rel="nofollow">involved in" rel="nofollow">in startin" rel="nofollow">ing and runnin" rel="nofollow">ing a small busin" rel="nofollow">iness in" rel="nofollow">in Australia. Identify and defin" rel="nofollow">ine the nature of a new or franchise enterprise in" rel="nofollow">in Australia that you might wish to establish as your own small busin" rel="nofollow">iness. Identify and compare ALL start-up modes. Indicate which start-up mode (new or franchise) you have chosen for your busin" rel="nofollow">iness and explain" rel="nofollow">in why. Compare and contrast ALL ownership structures. Indicate which ownership structure you have chosen for your busin" rel="nofollow">iness and explain" rel="nofollow">in why. What are the personal risks, if any, associated with this structure? Rationale This assignment provides the foundation for the next assignment (assessment item 2) and the busin" rel="nofollow">iness plan you will undertake for assessment item 3. It has been designed to develop your ability in" rel="nofollow">interpret and evaluate the concepts covered in" rel="nofollow">in Topics 1 and 2. More specifically it seeks to assess your ability to list and defin" rel="nofollow">ine the key characteristics and issues in" rel="nofollow">involved in" rel="nofollow">in startin" rel="nofollow">ing and runnin" rel="nofollow">ing a small busin" rel="nofollow">iness.