New business establishment chart
New business establishment chart
STRUCTURE
Sole Trader
Partnership
Trust
Company
SMSF
Select the most appropriate structure
based on current and future objectives.
INSURANCE
Public Liability
Professional
Indemnity
Property, Plant & Equipment
Income Protection / Life
Based on Industry and Level of risk
MARKETING
Advertising
Sales Plan
Target “Ideal” client. Perform SWOT Analysis
GROWTH
Advance Sales Plan
Identify Business
Opportunities
Building Goodwill
Explore the possibility of additional avenues of revenue
PROFIT
Improving Operational
Efficiency
Review/monitor internal Systems and procedures
LIQUIDITY
Budgeting & Cash
Flow
Forecasts
Financing
12-18 month budgets & Cash flow forecasts.
Review finance.
RECORD KEEPING
Bookkeeping
Wages & Super
Business Activity
Statements
Choose accounting software to suit business.
Keep up to date.
