macro environmental factors Flashcards
1
Q
legal and government factors
A
- employment laws and regulations
- environmental legislation
- industry regulations
- council regulations
- taxation requirement
2
Q
legal and government regulations
A
laws passes by local (council), state (VIC), or federal (AUS) governments to protect consumers, the community and the environment while encouraging for fair trade
3
Q
compulsory legal requirements
A
- ABN, Australian business number
- council regulations and planning including zoning laws
- specific government industry regulation requiring staff licenses eg. food/childcare
- public liability and business insurance ( to protect the public and your assets)
4
Q
Legal requirements ABN
A
- ability to claim back goods and services tax GST
- identifies your business and uses on invoices to link bank accounts
5
Q
legal requirements - local council
A
- choosing a location/zoning/premisses permission
- required customer parking
- external signage
- renovating a shopfront
- refurbishing internal shop
- outdoor seating, tables or heating
6
Q
public liability and business insurance
A
- public liability insurance: people on your property
- vehicle insurance: third party/comprehensive
- workers compensation insurance: workers hurt at work
- business insurance: protects your assets
7
Q
specific industry regulation
A
requiring staff licences/qual/rego
eg. restaurant —> chefs require food handling cert
- —-> bar staff require RSA (responsible service of alcohol cert)
