If you don't yet have an idea, here are some ways to help you find one.
Now that you have an idea, it's time to find where it fits in the market.
Find out about sole trading, partnerships, companies and trusts.
Help safeguard your personal finance from your business activities.
If you're launching your business online, you may have extra things to think about.
Backr helps first-time business owners go from plan to launch. It guides users through essential business tasks like applying for an ABN, setting up a business plan, and creating invoices.
Our Business Transaction Account1 is your everyday business bank account, now with a $0 Monthly Account Fee option. Open online in minutes.
See the extra steps you may need to take if you're just starting out in business.
1 You can view the Terms and Conditions for Business Transaction and Savings Accounts, our Financial Services Guide and the Electronic Banking Terms and Conditions and should consider them before making any decision about these products and services. The target market for this product will be found within the product’s Target Market Determination, available here. Bank fees and charges may apply.
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.
Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information. Commonwealth Bank is also not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on this information to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.
