We can have you ready for operation within a few hours by following these steps.

Step 1. – Select and establish your business structure.

Step 2. – Register for ABN and Tax File Number.

Step 3. – Register for GST and PAYG Withholding.

Step 3. – Register a Business Name.

Step 4. – Open a Business Bank Account.

Step 5. – Arrange set up of your Xero ledger and automatic bank feed. Consider using Xero invoicing and Xero payroll and superannuation.

Step 6. – Implement an online record keeping system to store documents and record all ideas for development and management of your business.

Step 7. – Prepare a 12 month projection of Business Overheads.

Step 8. – Where applicable set your minimum Gross Profit Margin.

Step 9. – Set Net Profit Goal for your first year of operation – BE SERIOUS.

Step 10. – Calculate Gross Income required to meet your Net Profit objective each week, each month and each year.


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