5 Steps To Starting A Business In Australia

In this video Dannie McKinnon from The Field Group Accounting will be talking about the 5 steps to take when starting a business in Australia. The scope of these steps will vary depending on how serious you are about your business - but generally speaking the most successful businesses must start with a solid foundation in order to thrive.
If you're looking to start your own business and need assistance with accountant and business registrations contact us at fieldgroup.com.au
⬇️ FREE BUSINESS PLAN TEMPLATE - www.fieldgroup.com.au/content...
STEP 1 - DO YOUR RESEARCH
STEP 2 - BUSINESS PLAN
STEP 3 - BUSINESS STRUCTURE
To learn about the other business structures available in Australia watch our other videos below:
COMPANY - • Company Business Struc...
SOLE TRADER - • Sole Trader Business S...
PARTNERSHIP - • Partnership Business S...
TRUST - • Trust Business Structu...
For more information visit fieldgroup.com.au
STEP 4 - BUSINESS REGISTRATIONS
STEP 5 - BUILD A TEAM
This video/document contains general advice only and is prepared without taking into account your particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should speak to a licensed financial advisor who should assess its relevance to your individual circumstances. While The Field Group believes the information is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the corporations Act 2001.

[@classiccalista]

phenomenal! Thankyou!

[@philipwinterton2050]

Really great summary!

[@tommyboy7820]

Thanks for sharing

[@yacobshelelshaddai4543]

Thanks!

[@jay67781]

Thanks 👍

[@investingyoda4134]

Thanks for the insights, appreciate it..

[@maryrichardson8252]

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[@Ful-OGold]

Well that’s a lot to take in just to be able to mow someone’s lawns

[@shuaaghsreeb830]

Does anyone know which business activity ? For drop shipping !! And the category as well ? Australia ABN

[@weisyuanchien6103]

Hello! If I am a sole trader with my personal TFN and ABN, should I apply any other tax registration for my business? Thank you

[@neogroup_of_netrepreneurs]

Thanks for the info

[@maryrichardson8252]

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[@monayawijerathna9167]

Hi how to start a software business?

[@ThisOldNeon]

i cannot get the business plan template from the link.

[@CainanParker]

It should automatically download, maybe check your settings to see if you are allowed to automatically download links?

[@maryrichardson8252]

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[@jfl1710]

Do you get ABN before business name and registration?

[@Cowboy96]

Yes

[@threatz1802]

Good video super helpful

[@cdocking5515]

No successful business ever started with a ‘business plan’ - it start with action. Then constant adaptations along the way. This is just typical generic accounting speak.

[@mackapearson]

Devising a business plan is an action. Then you can adapt and amend the business plan as you go?

[@user-zp6ln4su2r]

@@mackapearson I see what you mean but I definitely not consider a business plan "action" per say. Anyone can have multiple spreadsheets and business plans, myself included.

[@mackapearson]

@@user-zp6ln4su2r that is quite literally an action. Y’all are dumb and I’m just calling you out on your choice of words. Obviously coming up with a plan doesn’t always mean much, but it is certainly an action

[@lachyj8344]

Great video with great tips. Just need a little more confidence in what you say! You deserve to be confident brother

[@EMAetcInternational]

The Business Plan Link is a broken link. Can you please send me the document by email ?

[@michaelcampbell341]

Great value. Thanks for sharing! I also strongly recommend SavvySM-s small-business content and articles. I admire it a lot

[@maryrichardson8252]

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