macro environmental factors

Question 1

legal and government factors

Answer 1

• employment laws and regulations
• environmental legislation
• industry regulations
• council regulations
• taxation requirement

Question 2

legal and government regulations

Answer 2

laws passes by local (council), state (VIC), or federal (AUS) governments to protect consumers, the community and the environment while encouraging for fair trade

Question 3

compulsory legal requirements

Answer 3

• 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)

Question 4

Legal requirements ABN

Answer 4

• ability to claim back goods and services tax GST

- identifies your business and uses on invoices to link bank accounts

Question 5

legal requirements - local council

Answer 5

• choosing a location/zoning/premisses permission
• required customer parking
• external signage
• renovating a shopfront
• refurbishing internal shop
• outdoor seating, tables or heating

Question 6

public liability and business insurance

Answer 6

• public liability insurance: people on your property
• vehicle insurance: third party/comprehensive
• workers compensation insurance: workers hurt at work
• business insurance: protects your assets

Question 7

specific industry regulation

Answer 7

requiring staff licences/qual/rego

eg. restaurant —> chefs require food handling cert
- —-> bar staff require RSA (responsible service of alcohol cert)