Small businesses account for 95 per cent of all businesses in the State and employ around a third of its labour force.
Most small businesses in Western Australia are in the following industries:
agriculture, forestry and fishing;
finance and insurance services;
transport, postal and warehousing; and
There are three ways you can own a business in Western Australia.
Buy a business
Buying an established business can be a big commitment of time, money and energy. For information on what to consider before buying a business, visit the Small Business Development Corporation website.
Buy a franchise
Franchising is when you use another firm’s successful business model for your independently owned outlet. Read more about buying a franchise on the
Small Business Development Corporation website.
Start a business
Instead of buying a pre-existing business, you may want to start your own.
There is much more involved in starting a new business than buying an existing business (with proven cash flow and profits).
Visit the Small Business Development Corporation website to make sure this option is right for you.