If your nervous about starting a business your not the only one. The good news is that there are many resources available to help you out.

It is also worth mentioning that despite what you hear, you can go into business in a small way if you choose and build from there. 

The necessary steps to start a home office or small trade business are as follows:

  1. Get an ABN Number and GST registration – ABR (if required)
  2. Register a Business Name – ASIC (optional)
  3. Open a Bank Account (with the registered name so that you can receive money made out to the registered name)
  4. Set up an invoicing / record keeping system
  5. Initiate insurance and registrations required
  6. Start Trading……

Special start up

Some of the more complex decisions revolve around business structures, funding, employing staff and tax planning and we can recommend the right people to help you out.

Great resources are available at these websites:
Business VictoriaATO BAS Lodgement

 

 

 


In addition, there are a number of forum’s and facebook pages and linked in groups supporting small business.

You can also call us – we always happy to help.