Business Startups

Owning your business and working for yourself creates experiences and opportunities that can be lifelong and rewarding

Start up business owners often launch into their business idea without giving enough thought to the bookkeeping and record keeping processes to support the day-to-day running and compliance for their business

As a sole trader, there are a few steps like this to help you get you on your way

1. Register an ABN, a business can’t run without an ABN

2. Register a business name to help with marketing and branding

3. Set up two bank accounts, one for business and one for personal use

4. Select a cloud base accounting software that will support your business record keeping

5. Get help from reputable bookkeeper to assist if the above is a bit too onerous

For further assistance, please visit my website humanisingmoneymatters.com.au