Choosing a business structure is not only important for those starting out in business but for all businesses, because reviewing your business structure to see whether it still meets your needs and is best suited to your circumstances is just as important. Remember that, before making a final decision about your business structure, you should always seek professional advice. You should consider not only seeking advice from an accountant, but seeking advice from a solicitor as well.
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What is an Australian Business Number (ABN)? Who Needs to Get an ABN? How Do I Get an ABN?
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There is more to using a business name than just picking a name you like and putting it on a sign. You need to know whether or not you will be permitted to use that particular name (for example, someone else may already be using it) and whether you should be registering it. This information sheet sets out and explains all of the steps you need to follow to make sure you can use the name you have picked.
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This checklist sets out the steps you need to follow to make sure you can use the business name you have selected.
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Now you have chosen your business structure, you need to arrange to have the paperwork put into place so you can set up that structure. This information sheet outlines the contract documentation required for each type of business structure.
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