When starting a new business it can be difficult to navigate through all the information that is available on the web. Here are 7 websites with all the information you need to get started…
1. business.gov.au
The Federal Government Business website should be the first stop for anyone considering setting up a business in Australia. There is guidance on setting up, running or exiting a business. There are lots of free tools/templates/checklists to help you get started such as business plans, marketing plans, am I business or a hobby? It also has lots of guidance on things such as how to set up an ABN or protect intellectual property – it also links through to the relevant agencies.
For those seeking a little extra capital, www.business.gov.au also provides useful information on government grants and assistance that is available and the eligibility to apply.
2. ato.gov.au
The ATO website is the go to for any guidance around tax. The website is full of fact sheets, guides and summaries on any tax administered by the ATO. Depending on the size and nature of your business, the state revenue office websites may also be useful as these will cover things like payroll tax, stamp duty and land tax.
3. State government business websites such as business.vic.gov.au or www.smallbusiness.wa.gov.au
Most state governments have a business website to help those setting up or operating a business within the state. As well as providing guidance on the rules and regulations, you can find a wealth of information on the process of setting up a business, guides to writing a business plan as well as useful checklists such as this one: http://www.business.vic.gov.au/setting-up-a-business/how-to-start-a-business/starting-a-business-checklist
4. Local council website
Your local council website is the go to place for any local rules and regulations around operating a business within your local area. Particularly relevant if you are leasing a premise and may require business permits. Local councils often provide free or low costs networking events and coaching opportunities and some also have co-working spaces available at reasonable prices.
5. Accounting software
A quick search will reveal that there are many accounting packages available on the market. However, three of the most popular with small business are Xero, MYOB or Quickbooks. A search of their websites will not only provide information on which accounting package will suit you best, but these websites also contain lots of useful business tips and insights. For a useful free tool to decide on which software is best for you, visit https://wichwon.com/
6. asic.gov.au
If you operate under a company structure, the ASIC website has lots of useful information about the legal requirements of running a company. They also provide information on the the obligations/duties of being a director. The website also has all the forms you need to change your company details (e.g. change of name, directors etc.).
7. accc.gov.au
The ACCC website provides lots of information to help business understand their rights and obligations under the Australian Competition and Consumer Laws.
Information is this article is of a general nature only and is not advice. You must not rely on any information without first seeking advice that is specific to your individual circumstances. Contact us to learn more about your specific business.