Registering your Business Name

The much awaited new ASIC National Business Names Register will go live on May 28th. This will make the process of registering your business name easier, cheaper and national. The service will be available online through ASIC Connect, ASIC’s new online service portal.

What do you pay yourself?

As a MINIMUM you need to include your time as a cost based on the hourly rate of replacing you or outsourcing your production.

Show me the money!

Crunching numbers is a necessary evil!  You cannot skip this part.  Your financial research brings all of your ideas together and helps you establish whether or not your business is/will be viable.

Financials - An overview

Ok Melbourne Babes - this week is all about FINANCIALS!!

REMEMBER: Turnover is Vanity, Profit is Sanity. I personally learnt this the hard way.  No way would I EVER think of going into business again without crunching the numbers first!

Why do you want to go into business? pt 2

If you desire to run your business from a beach in Tahiti and the closest thing you get to Tahiti in the first five years is your screen saver, then you need to have a long hard look at your business to see if it’s ever going to get you to that beach.

Why do you want to go into business?

Before you quit your day job and sink all your savings into your ideas, you need to be crystal clear about what you want to achieve, for your business and for yourself.

More than being motivated

As well as having the motivation to start a business, you need to have the skills and attributes of an entrepreneur.

Business Plans

Business Planning is an ongoing business activity - you should regularly review and revise your business plan each month, or more often if desired.

The FOUR keys to Business Success

The Bizness Book is based on Four Keys to Business Success.

The Bizness Book!

The Bizness Book would make a great Christmas present don't you think!?  All week we will highlight parts of the book.