Set-up of New Business

Explore

Set-up of New Business Services

Starting a new business can be both exciting and overwhelming, which is why Dunamis Advisory offers comprehensive New Business Set-up services to ensure a smooth and successful launch. We guide you through every step of the process, from selecting the right business structure to registering with the necessary authorities. Whether you’re starting as a sole proprietor, forming a partnership, or creating a corporation, our expert team provides the advice and support you need to lay a solid foundation.

We help you navigate the legal, financial, and regulatory requirements of setting up a new business. This includes registering for tax IDs, obtaining necessary licenses or permits, and setting up your accounting systems. Our team ensures that all your financial processes are in place, so you can focus on growing your business while remaining compliant with local and national regulations.

At Dunamis Advisory, we also provide ongoing support during the early stages of your business, offering strategic insights and financial guidance to ensure long-term success. We’ll help you set up effective bookkeeping systems, develop a solid financial plan, and create strategies for managing cash flow. With our expert support, you can confidently navigate the complexities of starting a business and set yourself up for sustainable growth.

Frequently Asked Questions

What does the New Business Set-up service include?

Our New Business Set-up service provides everything you need to get your business off the ground, including assistance with choosing the right business structure, registering your business, setting up accounting systems, and ensuring all legal and tax requirements are met.

How do I decide on the best business structure for my new venture?

We assess your business goals, size, and financial situation to help you choose the best structure, whether it’s a sole trader, partnership, company, or a trust. Our team explains the benefits and drawbacks of each option, ensuring you make an informed decision that suits your long-term needs.

Do I need to register my new business with the government?

Yes, registering your business with the relevant government authorities is essential to ensure compliance with tax laws and regulations. We assist you in registering your business name, obtaining necessary licenses or permits, and applying for tax IDs to get your business officially recognised.

Will you help me set up accounting and bookkeeping systems?

Absolutely! We assist in setting up a tailored accounting system to keep your financial records organised and accurate from day one. We can help you choose accounting software, establish bookkeeping processes, and ensure you’re prepared for tax season.

What kind of legal documents do I need to start a new business in Australia?

In Australia, starting a new business typically requires registering your business with the Australian Business Register (ABR) to obtain an Australian Business Number (ABN). Depending on your business structure, you may also need to register for Goods and Services Tax (GST), apply for an Australian Company Number (ACN) if you’re setting up a company, and obtain any relevant licenses or permits. We assist you with all these registrations to ensure compliance with Australian laws.

Can you help me with ongoing business planning after my business is set up?

Yes, we offer ongoing business advisory services to help with financial planning, cash flow management, tax strategies, and growth planning. Our goal is to help you navigate the early stages of your business and set you up for long-term success.