Guide to starting a business | business.gov.au

1. Check if you're ready

Prepare yourself for business
Difference between a business and a hobby
Employee or contractor?
Find help for your business

2. Make key decisions

Decide on a business structure
Learn how to choose a business name
Choose your business location

3. Plan for success

Develop your business plan
Research your market
Write your marketing plan
Develop your export strategy

4. Register your business

Australia business number (ABN)
Business name
Tax registration for your business
Licences and permits
Company
Business website

5. Prepare for tax

Understand taxation for your business
Keep the right records
Learn how to lodge and pay for tax

6. Know the law

Learn the legal essentials for business
Understand fair trading laws
Learn the laws in your industry
Understand contracts

7. Prepare your finances

Learn how to organise your finances
Develop a pricing strategy
Apply for a business loan
Find resources to help finance your business

8. Protect your business

Understand business insurance
Protect your Intellectual Property
Prepare your business for an emergency

9. Set up operations

Learn about hiring employees
Market your business
Manage your suppliers
Communicate with customers

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