What are some Critical things to consider when starting your own business?

3 August 2014

Admin User

There are many things that are either critical or very helpful to consider when starting a business.  These include:

1.    Writing a business plan

2.    Having a marketing and sales plan to grow and strengthen your business

3.    Having a domain name that represents your business

4.    Deciding which is the best structure to operate your business from

5.    Being aware of what your taxation obligations are

6.    Being aware of your superannuation obligations

7.    Being aware of your Workers' compensation obligations

8.    Being aware of employee entitlements

9.    Being aware of the registrations that are required

10.    Knowing if you are required to apply for a business name

11.    Having a sufficient record keeping and collating capabilities

12.    Having sufficient insurances in place.

13.    Being aware of your assets and their protection

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