Home How We Can Help Business Start Up Considerations

Business Start Up Considerations

When we first meet with budding entrepreneurs, we generally investigate as to whether they’ve given proper consideration as to the issues that they’ll confront as a newly formed business. To that end, we cover-off the following issues in terms of providing the right advice tailored to the situation at hand:-

  • Are you actually going to be considered a business?
  • What legal structure is best for your business enterprise?
  • Will you require a Tax File Number?
  • Will you require an Australian Business Number?
  • Will you have to register for GST?
  • How GST works and the reporting requirements and obligations?
  • Should you register for Fuel Tax Credits?
  • Record keeping
  • Employee obligations including tax, superannuation and FBT
  • Dealing with The Tax Office and other statutory bodies
  • Managing cash flow
Before you embark on starting your business, phone us on (03) 9622 0600 or click here to arrange a free meeting with one of our experienced Partners – it could very well save you a lot heartache and money later on down the track
 

See how Summit can help you

Name:
Email:
Phone:
Subject:
Message: