The New to business checklist will guide you through the various stages of your business and includes the following key questions:
Before you start a business
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Do you know where to find advice and support?
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Do you know when a hobby becomes a business?
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Have you started planning for your business?
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Do you know how to obtain finance?
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Do you know which business structure suits your business?
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Have you considered starting as an independent contractor?
When you start a business
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Have you registered your ABN, GST or other business registrations?
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Have you registered your business name?
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Do you have adequate protection for your intellectual property?
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Have you considered running a home-based business?
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Do you understand your taxation obligations?
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Do you understand your legal requirements?
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Have you set up record keeping & accounting systems?
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Have you arranged insurance?
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Do you know how to employ people?
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Have you considered applying for grants or financial assistance?
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Have you considered doing busines online?
When you buy a business
Running your business
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Have you considered franchising your own business?
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Do you know your ongoing employer obligations?
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Do you understand your occupational health & safety obligations?
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Have you thought about exporting your goods or services?
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Have you thought about importing your goods or services?
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Can your business benefit from applying for tenders and contracts?
Appendixes
Download a full copy of the New to business checklist