A report prepared by the Small Business Development Corporation indicates that Joondalup and Albany offer enormous business opportunities because of their strong growth.
Minister for Small Business Gordon Hill said the report stated that both regional areas offered substantial business opportunities, due to an expected increase in population over the next few years.
"It appears that Joondalup may soon rival Perth in its commercial and residential activity," Mr Hill said.
"The use of professional town planners and architects should ensure that Joondalup has a balanced mix of business, cultural, residential and recreational development.
"As Joondalup is expected to be operating as a fully integrated city by 1995, this will be a major impetus to small business growth in the coming decades."
Mr Hill said business and community leaders in the Shire of Albany were keen to diversify and develop a range of economic opportunities.
"This is demonstrated by their wide range of incentives and support for new business and industry," he said.
"General business opportunities in Albany include the foreshore project, wool and meat processing and horticultural development.
"The lifestyle attraction of the region, and its emergence as one of Australia's premium wine producers also contribute to the high tourist trade."
Mr Hill said the report - `Small Business in Western Australia' - provided details of specific business projects being undertaken in the two areas, as well as contacts for relevant regional authorities.
Copies are available by subscription, by telephoning the SBDC on 220 0212.