Starting a business: 4 Tips and Hints
Starting a business is a process of planning, making core financial decisions and finalizing legal issues. If you are ready to go, here is a list of 4 things to do:
Starting a business Tip 1: Create a business plan
Writing a business plan is integral to opening a business. There are plenty of free business plan samples you can find online. We can assist with your business plan.
Starting a business Tip 2: Choose a suitable location
If you want to increase your odds of succeeding, choose a strategic and busy location. Bear in mind that there are zoning rules to follow. Alternatively, choose a website as your virtual location if your customers will be online.
Starting a business Tip 3: Decide on sources of starting capital
There are many sources including bank loans, government loans, research grants, venture capital, borrowings, proceeds from sale of assets, and savings among others.
Starting a business Tip 4 – Choose your business’ legal structure
You can start a sole-proprietor ship, partnership, LLC (limited liability company), non—profit organization, cooperative, corporation or Trust.
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Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
Our group of businesses & links include the following companies (& our websites);-
- Bottrell Accounting & Taxation – Visit out website
- Bottrel Business Consultants Pty Ltd – Visit our website
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- Mobile Bookkeeping & Recruitment – Visit our website

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