---
title: 5 first steps to buying or starting a business (infographic)
description: If you’re considering buying or starting your own business, take a look at the following infographic for some first steps to guide your early decision making.
image: https://blog.jpabusiness.com.au/hubfs/Stock_Images/Barista.jpg
---

 04 April 2017

# 5 first steps to buying or starting a business (infographic)

WRITTEN BYJames Price | JPAbusiness

**![Buying your own business | JPAbusiness](https://blog.jpabusiness.com.au/hs-fs/hubfs/Stock_Images/Barista.jpg?width=638&name=Barista.jpg "Buying your own business | JPAbusiness") **

Owning your own business can be one of the most rewarding things you will ever do, but it can also be one of the most challenging.

If you’re considering [buying or starting your own business](https://www.jpabusiness.com.au/business-transactions/buying-a-business), take a look at the following infographic for some first steps to guide your early decision making.

[![5 first steps to buying or starting your own business 2020](https://blog.jpabusiness.com.au/hs-fs/hubfs/3.%20Infographics%20and%20cheat%20sheets/5%20first%20steps%20to%20buying%20or%20starting%20your%20own%20business%202020.png?width=500&height=1250&name=5%20first%20steps%20to%20buying%20or%20starting%20your%20own%20business%202020.png)](https://blog.jpabusiness.com.au/hubfs/3.%20Infographics%20and%20cheat%20sheets/5%20first%20steps%20to%20buying%20or%20starting%20your%20own%20business%202020.pdf)

If you would like advice about buying or starting your own business, [**contact the experienced team at JPAbusiness**](https://landing.jpabusiness.com.au/contactus) for a confidential, obligation-free discussion.

 **Related resources:**

[![New Call-to-action](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/2108706/bd9ed5c3-11d6-46ad-ade8-0cf160684304.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/2108706/bd9ed5c3-11d6-46ad-ade8-0cf160684304)

[![New Call-to-action](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/2108706/78c8abc9-51ff-4254-b6b8-a5f47618e8c8.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/2108706/78c8abc9-51ff-4254-b6b8-a5f47618e8c8)

 

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Topics

- [buying a business ](https://blog.jpabusiness.com.au/blog/topic/buying-a-business)
- [infographic ](https://blog.jpabusiness.com.au/blog/topic/infographic)
- [starting a business ](https://blog.jpabusiness.com.au/blog/topic/starting-a-business)

About James Price | JPAbusiness James Price has over 30 years’ experience in providing strategic, commercial and valuation advice to Australian and international business clients. James’ blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.

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