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In answer to your questions:
1 - You said you're in Australia...I'm going to assume that your laws are similar to those here in the US. Generally, businesses only need a liquor license to sell alcohol and not buy alcohol. So, most likely you do not need a liquor license but I would check with your local government. Here, it is the locals that regulate those licenses.
2 - Yes, you can use a wireless terminal to process credit cards. You will need to get a merchant account. You can take a look at some options here: http://www.merchantexpress.com/wireless_credit_card_processing.htm
3 - You can ask them but even if they say yes, there's really no way to know until you start the business. Your best bet is to start small (i.e., don't get a merchant account yet, don't sign contracts and things like that yet). If you start small, then you'll have a lot less invested if things don't work out.
4 - Advertising is a problem for every business. Website, flyers, post cards, sponsoring events, running ads on the radio. You first need to figure out your target market and then figure out where they are. Then advertising to them should be easier.
5 - It's official the minute you start The question is really about how much you're going to invest. Keep in mind that it does take money to make money. You will need to put up flyers or do some sort of marketing to advise people about your services. You should get a website so people can learn about the services you offer, your fees, your schedule, and so forth.
6 - The owner gets paid last. Your money should go back into promoting the business as much as possible. For a while, you should be paying yourself only if you must. Everything else should be put back into the business.
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