BRW --- Page: 57-59 : 4 October 2007 Original article by Tony Blackie and Jane Lindhe
LexisNexis Summary
Although many Australians like the idea of running their own business, not all are successful in their efforts. Research suggests that as many as one in three new small businesses fail before the end of their first 12 months of operation. Jamie O'Rourke, of RSM Bird Cameron, says it is essential that anyone thinking of starting their own business does a lot of forward planning first, including researching the industry they intend to get into, having a realistic business plan, determining staffing needs, and getting sound accounting and legal advice.
