Hashtag

Business News

Everything You Need to Start a Business in Australia

  • Written by News Company

Starting a business can be an exciting, albeit stressful, time. There are so many things to consider, it can be overwhelming on how to get started. As long as you take appropriate steps, it’s achievable. Read on below to find out the fundamentals you need to need to secure before starting a business in Australia.

Plan

Before you do anything, you need to make sure you have a solid business plan. Setting up your own business is a huge step and you need to make you’re ready for it. You need to be realistic. You need to think of what you want to achieve, and how you’re going to do it. Talk with your friends and respected colleagues about your idea, and see what they think of it. Do you think you can turn it into a profitable business? Put the time in to properly plan your business, to make sure it will work in the future.

Registration

Once you’ve got your plan to the best it can be, and you’re feeling confident to move on to the next step, you need to make your business official. You need to register your business via the Australian government. Depending on whether you’ve named your business, or if you’re being a sole trader, affects this registration process. You should also apply for an Australian Business Number (ABN) that will act as a unique number so customers, and the government, can easily identify your business.

Equipment

Your business is official. Now what? You may be prepared to get to work, but you’ll also need to make sure you’ve got the right equipment for you to get the job done. Office supplies and a working computer are key for you to start networking and growing your business. If you want to do some DIY to make a home office, or if the business itself is part of the building industry, RS have plenty of equipment that you can suit your needs.

Employees

Is your business going to be made up of just you or do you need to employ other people? You may have too much work to do for one person to handle. You could consider hiring just one more person to help you get things started. If you do need to hire someone, make sure they are reliable with a strong work ethic. A business in the early stages needs a lot of work put in to lift it from the ground. You can hire someone to help share your heavy workload.

Insurance

Insurance is a must for your new business. It is a legal requirement, and for a good reason. Not only does it protect you, but it can also protect any people you hire. If they come to harm while working with you, you’ve got them covered. It also can protect the business itself if there is any damage to the property, and help you maintain profits. It may cost you money initially but it can save you so much money in the grand scheme of things.

 

Business News

How to Start Your Own Online Jewelry Business

In the 21st century, there are a myriad of new and novel ways for the average person to make extra money using Internet-based technologies. From companies like Uber and Lyft that promote drivers to ...

Eric Horowitz - avatar Eric Horowitz

Digital marketing should be about people, not numbers

Most people are looking at digital marketing from the wrong angle. Businesses need to be thinking about people rather than the marketing channel used. “People must be at the heart of every digita...

Market Ease Business Promotions - avatar Market Ease Business Promotions

Three things you must do before hiring a digital marketing agency

Have you got a business that has grown to the stage that you think you’re ready to take the plunge and outsource your digital marketing to an agency? Perhaps you have taken on a few new clients or...

Market Ease Business Promotions - avatar Market Ease Business Promotions

Food delivery workers underpaid, undervalued, but grudgingly content

Foreign workers with no other options are struggling to get by working for app-based food delivery services. But most of them are okay with it – because they see it as a short-term arrangement and t...

Media Release - avatar Media Release

Horizon Shores Boat & Marine Show

UNIFIED EVENTS ANNOUNCES HORIZON SHORES BOAT & MARINE SHOW   Unified Events, creators of unique events designed to inspire and engage, is thrilled to announce the launch of the inaugural Ho...

Elizabeth Trevallion - avatar Elizabeth Trevallion

Gold Coast Skin Care Brand Teams Up With Mecca

They say fortune favours the bold and if not for Lonvitalite’s director Rochelle Bridges having the gumption to email the founder of Mecca directly this match made in beauty heaven would never hav...

Annette Densham & Becca McGregor - avatar Annette Densham & Becca McGregor

Health & Wellness

Diabetes and Oral Health Problems

News Company - avatar News Company

People with diabetes are three to four times likely to have dental problems than people without diabetes, with a higher rate of more severe levels of gum infection and bone loss. In fact, periodon...

Cosmetic Physician shares 5 cosmetic treatments you can do without your friends knowing

Dr Phoebe Jones - avatar Dr Phoebe Jones

It’s no secret that cosmetic treatments are on the rise in Australia. In fact, we’re so enamoured by plastic surgery that we’ve jumped past the United States when it comes to procedures per capi...

What to do if you struggle to fall asleep

Cheryl Fingleson, The Sleep Coach - avatar Cheryl Fingleson, The Sleep Coach

"We all know the agony of not being able to sleep when you really want to, and the exhaustion that follows a period of bad sleep."   Sleep has a proven contribution to: 1. Good physical healt...

Dr Felix Reveals Results of Comprehensive New Survey

Rebecca Appleton - avatar Rebecca Appleton

What Would You Do If You Had One Week To Live? Just over one in four of us would prioritise spending time with family if we had only one week left to live according to a comprehensive new survey b...