Financial mismanagement and legal ignorance are the two most common causes of small business failure in Australia. Most new business owners do not learn about GST, BAS, cash flow, contracts, or intellectual property until something goes wrong. This course teaches you before that happens. Across 3 modules, you will learn how small business tax works in Australia including GST, income tax, and PAYG, the basics of bookkeeping and cash flow management, and the legal fundamentals — contracts, intellectual property, and insurance — that protect your business from the risks that end so many others. This course is designed for existing small business owners, new starters about to register their first business, and sole traders who have been winging it financially and want to get on top of their obligations properly. HOW IT WORKS 🕒 3 Modules × 3 Lessons · Each lesson approx. 20 minutes · ~3 hours total 📝 Short multiple choice quiz at the end of each module — 70% pass mark required 🌐 100% online and self-paced — learn whenever, wherever 📄 Downloadable course workbook included (PDF) 🏅 Certificate of Achievement + verified digital badge issued on completion WHAT YOU'LL GET FROM THIS COURSE ✅ A microcredential certificate to add to your CV under Skills & Interests ✅ Understanding of GST, income tax, BAS, and your tax obligations as an Australian small business owner ✅ Practical bookkeeping knowledge — how to manage invoices, expenses, payroll, and reconciliation ✅ Understanding of cash flow management and why it is the single most important financial skill in business PLEASE NOTE: All CertSmart courses are developed by industry professionals and educators in accordance with Australia's National Microcredential Framework. This course provides general small business finance and legal education. It does not constitute accounting, tax, or legal advice.
Course Overview
Module 1: Money & Tax Basics for Small Business
.4 steps
Module 2: Bookkeeping & Financial Management
.4 steps
Module 3: Legal Foundations for Small Business
.4 steps
End of Course Assessment
.2 steps
