Starting your own business in Australia (FREE DOWNLOAD)

Starting your own business can be equal parts exhilarating and daunting. There's a lot to consider before taking the plunge - such as what structure to have, how to fund it, how much time you can commit, and how much risk you’re willing to take. If starting a business is a dream of yours, then this guide is for you!​

We’ll walk you through a 12-point checklist on starting a business. Inside, you'll find advice on:​

This guide will help with the first steps of starting your own business in Australia​

1. Should I hire an accountant?​

While you need to take costs into consideration, there are clear benefits to hiring an accountant. An experienced accountant does more than file taxes and keep books - they are your business advisor, and will set clear financial goals to help your ideas thrive. A good accountant will ensure you meet your financial obligations and never miss a tax deduction you're entitled to. Learn more on this topic with our blog, 9 things to ask your accountant when starting a business. ​

2. What are the costs of starting a business in Australia?​

Depending on the nature (and industry) of your business, the costs will vary. However, set-up costs normally include registration and incorporation fees, permits, licenses, a business space, insurance, assets and equipment. You'll also need to consider marketing-related costs, such as building a website or advertising. Check out this blog to find out more. ​

3. What do I need to know about tax?​

It's important you know a little about tax before starting your own business. This is a big topic, so we've written this guide. ​

4. How can Beany help?​

Beany's is designed for entrepreneurs. Our Starter Pack will provide you with an accountant who's there every step of the way, from choosing a business structure to minimising tax.​