Hashtag
The Times Real Estate

Everything You Need to Start a Business in Australia


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. Lastly, include in your plans to start using Thumbtack to help your business build its reach.

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

Backbase and Synpulse partner to accelerate banking transformation across APAC

Combining Backbase's Engagement Banking Platform with Synpulse's regional expertise to deliver customer-centric solutions SINGAPORE - Media OutReach Newswire - 13 March 2025 - Backbase, the leader i...

Hashtag.net.au - avatar Hashtag.net.au

Technology driving positive outlook for Malaysian small businesses

Malaysia’s small businesses lead the region in innovation Younger entrepreneurs dominate small business landscape AI investment on the rise ...

Hashtag.net.au - avatar Hashtag.net.au

ST Telemedia Global Data Centres Accelerates AI Ambitions, Achieves Certification under NVIDIA DGX-Ready Data Center Program

SINGAPORE - Media OutReach Newswire - 13 March 2025 - ST Telemedia Global Data Centres (STT GDC), one of the world's fastest-growing data centre colocation service providers headquartered in Singapor...

Hashtag.net.au - avatar Hashtag.net.au

HL Assurance Becomes First in Singapore to Launch Core Travel Insurance Coverage Add-Ons

HL Assurance addresses key concerns for the modern traveller in their new combination of essential travel insurance add-ons. SINGAPORE - Media OutReach Newswire - 13 March 2025 - Singaporeans can now...

Hashtag.net.au - avatar Hashtag.net.au

USPACE Partners with AICO to Launch 6,000-Satellite Constellation Plan

— Hybrid Constellation Focused on Direct Mobile-Satellite Connectivity to Empower “Belt and Road” Digital Future HONG KONG SAR - EQS Newswire - 13 March 2025 - At the "100 Satellites" exhibition held ...

Hashtag.net.au - avatar Hashtag.net.au

Octa broker receives the 'Best use of AI in fintech' award

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 March 2025 - OctaTrader, Octa broker's proprietary trading platform, was recently awarded for the 'Best Use of AI in Fintech 2025' by Global Busin...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

The Importance of Having a Defibrillator in Public Spaces

Hashtag.net.au - avatar Hashtag.net.au

Life is uncertain! It is almost impossible to be 100% sure of the future, anything can happen to anyone at any time. However, in the case of Sudden Cardiac Arrests (SCA), the presence of an Automat...

Understanding Anxiety: Different Types and Treatment Options

Hashtag.net.au - avatar Hashtag.net.au

(Source) Every person experiences anxiety in some form as they face either pre-event heart palpitations before important events or constant sleep deprivation because of ongoing concerns. People exp...

How Technology Is Improving Community Support Services?

Hashtag.net.au - avatar Hashtag.net.au

(Source) Technology is literally a part of our everyday lives. Everything we do is highly dependent on technology in this day and age. The interesting part is that not just the younger generations ...