Starting a New Business

If you are planning on starting up a new business, buying into an existing business, or franchise, we have the right people to help along each step of the way, and assist you in all the requirements to get you started.

There is a lot of risk, research, planning and passion involved to make a business get off the ground and succeed. It is not just the idea, name and capital but also the commitment, enthusiasm and organisational skills that will help your dream become a reality. This is where the team at Insight Accounting will add value and knowledge to your business setup needs.

Some of the steps involved include:

  • Business Structure (Sole Trader, Partnership, Company, Trust)
  • Business and Marketing
  • Business Registrations (ASIC, Trading Names, Workcover)
  • ATO Registrations (ABN, TFN, GST, PAYG, FBT)
  • Record Keeping Requirements
  • Accounting Software and Training
  • Insurance (Tools & Equipment, Public Liability, Income Protection)
  • Employer Obligations (Salary, Superannuation, Payroll Tax)
  • Financing (Motor Vehicle, Machinery, Tools, Plant & Equipment)
  • Legal Issues
  • Taxation Advice & Compliance
  • Budgeting, Forecasting & Cashflow Management