We specialise in business administration for startup and small businesses.
We will walk this exciting journey with you from the start on how to start your business.
HOW TO START YOUR BUSINESS?
Welcome to Tree Top Business Service
If you want to live your dream of being your own boss, planning your own time yet not wanting to lose sleep over not having the staff to drive your business forward?
You have come to the right platform, at Tree Top Business Service, we will walk this exciting journey with you from the start on how to identify if it’s an interest, or a business that you are dreaming of?
What Do You Need To Start A Business?
Once you have an idea on what you want to do for your business, you are ready to look into more details about your potential business.
Below enlists the step guides that you need to start a business.
1 - Identify an appropriate name for your business.
2 - Register your business.
3 - Identify your business structure.
4 - Design your business logo.
5 - Create your business website.
6 - Write your business / marketing plan & identify your reporting system.
CREATIVE BUSINESS NAME
Yes! The first step is you need a name, so be creative and think of a name that defines your products, cultures, services or you, remember in this time and age Apple and Banana are no longer just fruits and neither do tablet takes the form of medication anymore, also Monkey is in business too; don’t believe me read on and I will reveal to you the power of it later!
BUSINESS REGISTRATION
Once the name is available, you can register it. Do a name search at asic.gov.au and once the name is available you can register it at business.gov.au. You can choose to pay for one year or three years for the business. After you have obtained an Australian Business Number (ABN) or Australian Company Number (ACN), you are now ready to conduct your business. If you need assistance, please contact us.
WHICH BUSINESS TYPE?
You may ask what is the different between an ABN and ACN? Check it out at asic.gov.au to learn more about which structure is best for your business; is it Sole Trader, Partnership, Company or Trust. Each structure is different and they have different criteria and obligations as well.
SETUP ACCOUNTING SYSTEM
After you have registered your business name, you are ready to provide your services or to sell your products. It is going to be a very exciting time for you to commence your business, but hey, don’t forget that you need to keep track on your Cash Flow and to invoice your customers on time for them to make payments. So now you may want to look at some accounting software to assist you, check out quickbooks.com.au or xero.com.au or myob.com.au, of course there are many more out there that you can choose from, try to find one that best suits your budget or one that can accommodate your needs; or if you prefer to have a qualified person attending to your accounting needs you can contact us at hello@treetopbiz.com.
BUSINESS ADMINISTRATION
An important department in any organization is the Administration Department, this department will manage all the administration work that will free you to focus on generating more revenues for your business, look no further we are here to assist you do have a chat with us at hello@treetopbiz.com
Setup Online Presence
There are more to it when starting a new business than what is mentioned so far, you will need new leads and how do you do that? How do you get more people to know about your business? Some say word of mouth, referrals, some say advertisements, the list can go on and on.
The best is having your own website and do you know that Social Media Marketing is the most successful marketing tools to announce your business to the world in this digital edge, so make use of the social media to gain an identity for your business. You can create your own website or you can let us assist you.
Website
Social Media
Register for Tax File Number
Once you start to generate revenues through your business, it is time to pay to Caesar what belongs Caesar.
Yup, you are right, I am referring to tax on your revenues and you can go to ato.gov.au and have a look.
You can register your business for a Tax File Number, register with GST and know all about Pay As You Go (PAYG) for your business instead of paying a huge amount at the end of the financial year. It is vital to know your tax obligation and your Business Activity Statement.
Just a quick check, have you set up all your administration work?
Business Name
for your customers when your customer buy your products online?
Name Search
for collecting individual information on your website?
Organisation Structure
Business / Marketing Plan
needed for your business?
For all the above professional information and if you feel overwhelm trying to do all these by yourself,
well we are here to help you by taking a step at a time with you until your business is fully set up with legal backup.
Remember we are here for you so get in touch with us at hello@treetopbiz.com
SETUP BUSINESS PLANS
Managing your own business is like having a chess game with your friend, you strategically plan every steps so you can move forward and be successful.
Therefore, it is always a good start to have a Business and Marketing Plan to stay focus on the direction your business will be heading, even setting goals to generate more revenues for your business, it is also good to know if you need to take up loans from Family, Banks and other Financial Institutions.
Homebase Business?
If you are a Homebase Business, you can find out more information here.
Keep Connected with Your Customers
Before I leave you to digest all these information, as I said in the beginning of the page about Monkey in business; this is one incredible tools I believe you will want to have.
Take a look at mailchimp.com, it will make your communication so much easier whenever you want to mass inform your customers about your product’s offer or services or even just announcing information to your customer, this is definitely a tool that I would not missed!!
NEED SOMEONE TO TALK TO?
That’s not all, as a new business owner you will never stop learning and finding information to help your business grow, whenever you need to talk to someone about your business and how to move your business forward, we are here for you so do not hesitate to contact us at hello@treetopbiz.com
CONTACT USWe Welcome Your Feedback
If you are happy with all the information we provided here, feel free to leave your comment at our FB, Survey or WeChat and also on our Website. We wish you all the success and joy in starting your business and being your own boss! Cheers.