term 3 part 1

Question 1

Legal and government
regulations

Answer 1

All business owners have a legal
obligation to observe the statutory
regulations when commencing and
operating a business.

Question 2

Businesses that DO NOT obey the
law risk losing customers and their
reputation
Can also lead to;

Answer 2

Being Fined

Lose the right to continue
trading

Question 3

Business Name
Registration exceptions

Answer 3

ASIC are responsible for a national
business name registration service.
If a business is named after the
owners name, they do not need to
register their name through ASIC.

If something is added to the business
name such as; ‘Pty Ltd’, ’Motors’ and
or ‘Co’, then the business must
register their name.

Question 4

registering a domain name

Answer 4

highly recommended in addition to a website name and url
important marketing tool to help customers find and identify with a business website name to as close to business name
registration for a .com.au domain must be done through domain register
buisness require an abnormal or can to register as .com.au
not compulsory

Question 5

freelancers

Answer 5

independent workers who charges businesses for work on a per-job basis.

Question 6

Businesses often engage the services of freelancers that specialise in:

Answer 6

-photography
-design
-copywriting
-web design