Step 4 of 6: Register your business

4. Register your business

To make it official, you’ll need to register. This makes sure your business gets taxed at the right rate, avoids penalties and protects your brand and ideas.

Australian business number (ABN)

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Checklist

  • I have found an adviser I can talk to about business related issues.

Business name

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  • I have registered for home-based business licences and permits.
  • I have made sure my insurance covers home-based businesses.
  • I understand how running a home-based business affects my tax.
  • I have found appropriate premises to run my business from.
  • I have checked the rental contract to ensure I understand my rights.

Tax registrations for your business

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Checklist

  • I have strategies in place to create a good work life balance.
  • I have found a good support network.

Get a checklist version of this guide as a Word document.

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