Here are a few of the services we offer as Business Start-Up Lawyers...
Structuring a new business starts with deciding how to best structure the business, both for now, and for the future. Read more on business structuring.
Capital
A bit of money to start is always required. You could get an ABN and trade for a few hundred dollars, but no doubt you'll need some plant, equipment, insurances, or registrations first.
Workers
Unless you plan on doing all the work yourself, you'll need some employees. Either extra 'front-end' workers (who provide a service), or 'back-end' staff who handle business and administration.
Structuring a new business starts with deciding how to best structure the business, both for now, and for the future. Read more on business structuring.
Tax Accountant
The ATO will always want a cut of your hard work. Having a Tax Accountant on board early will help make sure your business is tax efficient.
Terms of Sale
Whether you sell B2B or to consumers, setting out clear terms and conditions of business is paramount. You need to control your liability to customers.
GST
Most goods and services sold in or from Australia must include GST. There are some exceptions and nuances though. Be sure to advertise the GST
Marketing
Word of mouth only takes you so far. Modern marketing is web based, heavy on social media. It can be highly rewarding, but is also risky.
Point of Sale
How will you actually get paid? Whilst cash remains king, most people want to pay instantly, using a card or smartphone. Be ready to accept payments.
ASIC Compliance
A company is well regulated, and must ensure it is always compliant with ASIC regulations. Its not only about annual statements.
Development
Always have a eye on future growth, and expansion. Think about a 3-year plan, a 5-year plan and even a 10-year plan. Think about how will you might exit the business and retire.
Insurance
Public Liability Insurance is a must. You'll also need Workcover if you have staff (or independent contractors). You may need business insurance, and most professional will need professional indemnity insurance.
Contracts
Every aspect of your business will involve a contractual relationship. Make sure you take the time to read contracts, agreements and terms, and understand how they might effect your business.