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What do I need to start?

The first steps towards your new business are often the biggest.
It’s the preparation you do and decisions you make here, which will set you on the road to success.

Choosing your business structure

This is an important decision when setting up your new enterprise.

Registering your name

ABN, GST, TFN: Setting up a business can be a minefield of acronyms. Here are 3 key steps to get you on your way

How to write a business plan

A business plan is the building block that can help you reach your business goals.
 

Turn your vision into a plan

Starting a business is exciting but you need the right planning to get it off the ground.

Ready for business guide

A guide packed full of useful information, tips and checklists.

Read more

Live webinars and videos

Choose from live webinars, on-demand videos, tools and guides in our Davidson Institute.

 

 


Financing your idea

It pays to be across the up-front costs you’ll face, especially for new vehicles, machinery or equipment.

Set up costs to consider

To give your business the best chance of success, it’s important to start with a clear idea of the costs involved, both to start the business, and then to keep it running.

Read about set up costs

Financing your idea

You have a great idea, feel sure it will work, but don’t have the money to finance it. Where do you go?

Read more on financing

Funding your equipment and vehicles

Just about every business will need to spend on equipment, even if it’s just for a computer and mobile phone.

Read more on equipment financing


Managing your banking and payments

Cash is the lifeblood of any business and it needs to flow easily in and out of your business.
Customers and suppliers should also find it easy to work with you.

4 reasons to keep business & personal separate

One of the most useful things to do when starting a business is keeping business finances separate from personal. Here we tell you how.

I want to receive payments

Accepting and making payments is crucial to your business. The quicker you're paid, the healthier your cash flow will be.

6 reasons why you need a savings account for your business

There are a number of reasons why you should put money away for your business.

I want to receive payments from overseas

Explore some options for receiving payments from overseas securely and easily.

Benefits of business credit card for business owners

A business credit card acts in much the same way as a personal credit card, but has greater advantages for business owners.

The cost of cash vs EFTPOS

While quick and easy, there are difficulties with cash that each business needs to weigh up. Here are 6 things to consider when you next accept cash.

Things you should know

General advice: This information is general only and does not constitute any recommendation or advice. It is current at the time of publication, and is subject to change. It has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on the information, consider its appropriateness, having regard to these matters. Consider obtaining personalised advice from a professional financial adviser and your accountant before making any financial decisions in relation to the matters discussed in this document, including when considering the finance options for your business.