Congratulations on deciding to take the plunge and start a new business? Here’s our ‘How to’ guide for starting a business in Australia, where you’ll learn that getting a logo designed is just the beginning.
Questions you should answer
- What type of business are you starting? ie; product, service, organisation?
- What is your a business name. Think about what this says about you, your product and/or service?
- What skills, resources or technology are required to start your business?
- What is your business structure ie; are you a sole trader, entering a partnership or beginning your venture as a company?
- What is your business model? ie; how will you be generating revenue?
- Decide where you will be operating your business from? ie; can you work from home, is your business primarily online, do you need a retail shop or office location?
- Research! Your target market, your competitors, your product and services
Things you may need to do
- Get some business insurance.
- Have a solicitor draw up your terms and conditions, partnership agreement and any other contracts that are required for you to conduct your business.
- Apply for any required licences, registrations or permits so that you can operate your business. e.g builders licence
- Find an accountant who can help you with tax, superannuation and payroll.
- Apply for an ABN
- Register a domain name e.g www.welovestartups.com.au. Even if you won’t have a website for a while it’s best to purchase a suitable domain and to use it so that you can set up a professional email address (we can help you with this if you need).
Helpful Websites
Business.gov.au – Tons or resources, guides and support to help you in starting your business.
Business Enterprise Centres Australia – Get in touch with your local business Enterprise Centre for business assistance, mentoring, education sessions and networking opportunities.
Google My Business Page – Help customers find you by setting ups a Google My Business Page.
ABN Lookup
Forbes
Startup Smart
Inside Small Business
Business Model Canvas
Helpful Check List
