Business Launch Pad

Business Launch Pad

The Team at Bottrell Business Consultants are passionate about assisting small, medium & large business with their business & personal goals.

Our team is the market leader in Business Growth. Our award winning team has won numerous prestigious business awards and we experts in this field.

Our vision & objective is to assist clients to achieve financial freedom. We have developed an offering of “Business Launch Pad Services’ to assist you to take your business to the next level.

Our tool kit is designed to offer business support services to the following;-

- New Business Purchase

- New Business Launched (Start-up)

- Existing Business Looking to Launch to the next level

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Business Startup

The team at Bottrell Business Consultants are frequently asked – How do I set-up a small business?

If you are establishing a new business please consider the following;-

 

* What business structure will you operate the business under?

In Australia we have Companies, Family Trusts, Unit Trusts, Partnerships & Sole Traders. It is extremely important that you consult your accountant to determine the appropriate business structure for your business. You must consider the tax effectiveness & risk of the business structure.

 

* Will the Business structure have an ABN (Australian Business Number) and a TFN (Tax File Number)?

Yes, apart from a sole trader. All other business structures will have their own ABN & TFN.

 

* Will I need business insurance?

Yes, you will need to discuss or have a meeting with an Insurance Broker or Insurance Company to discuss the relevant insurances for your business. I would strongly advise that you don’t trade or operate the business without the advised insurances in place.

 

* Bank Accounts?

You should establish a General Business Trading account & BAS Bank Account (GST, PAYG & Company Tax).

 

* Bookkeeping Software?

 

With advances in technology, businesses now have the option of using programs such as Xero, MYOB, Quickbooks, Cashman & Cashflow. We can assist & train you in all of the programs.

 

* Do I need to register for GST? & When are you required to register for GST?

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