Starting a business

Setting up your own business can be an exciting time. Before you start, save yourself time and money by being aware of what's involved in running a business.

Investing time into proper planning is key to turning your dreams into reality. Operating a small business is not just about working for yourself or working from home, it's also about having the necessary management skills, industry expertise, technical skills, finance and of course a long-term vision to grow and succeed.

Thinking of starting a business?

It's important to consider whether you really understand what's involved and whether you're suited to business and self employment. Start by asking yourself these questions:

  • what do I need before starting a business?

  • what type of business should I start?

  • how do I choose a business name?

  • what skills do I need to start a business?

  • what are my business goals, objectives and skills?

  • how much income will my business need to generate?

  • what are the advantages and disadvantages of starting my own business?

Ready to start your business?

You don't need to pay someone to register your business, you can do it all yourself, online. Registering your business can be done from the comfort of your own home or office. Follow these steps when creating your business:

  • choose your business structure

  • apply for your Australian Business Number (ABN)

  • register your business name and trade mark

  • register your website domain name

  • organise taxes for your business

  • organise registrations and licences for your business

  • register for an Australian Business Account to manage your licences and permits

  • buy or lease premises for your business

  • arrange insurance for your business.

Where can I get advice and support to help get started?

There is a broad range of advice and support offered by the Australian Government that you can take advantage of.

  • There are a number of free or low cost advisory services available that provide advice and assistance to businesses across Australia. Search for your nearest government-funded business advisor in your local area using our Advisor Finder.

  • Find Mentoring services in your state or territory.

  • Check our Event Finder for seminars and workshops on how to start a business.

  • Watch our videos to find out about tools to help you start and grow your business. Certain industry associations and government agencies may be able to help - search our directory for contact details.

  • For more information, you can contact us by phone, web chat or our online enquiry form.

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Contact Us

Proactive Accountants & Bookkeepers​

Tel: 0424 513 740
Postal Address​​​​​​: P.O. Box 156

Collins St West

Melbourne Vic 8007

Socialize With Us

Proactive Lending Solutions is a Credit Representative (CRN 482161) Of BLSAA Pty LTD ACN 117651760 (Australian Credit Licence NO 391237)

© 2023 by Proactive Accountants & Bookkeepers