A Crucial Guide: Essentials For Setting up a Successful Business

Launching a new business in Australia? The journey is exciting, but it can also feel overwhelming without the right guidance. Taking the correct steps early will help you stay organised, meet your obligations and avoid mistakes many new owners make.

This guide has been created to walk you through the important areas you need to consider when setting up and managing your business.

Here’s what you will learn:

• Overview of business structures: sole trader, partnership, company, and trust
• Mandatory registrations requirement of all business types
• Tax implications of employing staff
• Key tax obligations of a business owner
• How and when to lodge ATO activity statements (BAS and IAS)
• Important tax rules such as Division 7A, franking credits, and more
• Year-end tax planning strategies to reduce liabilities and stay compliant
• Record-keeping and reporting requirements for ATO compliance

Download our eBook today and take the first step toward success.