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Banyule Youth Services Creatives For Hire > Resources

02. Australian Business Number (ABN)

An Australian business number (ABN) is a 11 digit number that identifies your business. Your ABN is allocated by the Australian Taxation Office and you are required to provide your ABN on invoices and other documents you issue to customers. Further, ABN’s are required for commercial activities such as registering a business name, registering an Australian domain, or obtaining a trademark.

Determining your business before applying is crucial before applying for an ABN. Types of business structures include: Sole Trader an individual trading on their own, Partnership a group or association of people running a business together and distribute income or losses between themselves, Company a legal entity run by its directors and owned by shareholders, Trust an entity that holds property or income for the benefit of others. More information about business structures can be found HERE.

Before registering make sure you have identified your business structure, proof of identity and have all your details of of your business activities ready. You can apply for your ABN HERE.

Click HERE for more information.

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More Resources To help Research and Plan your Business Idea

01. Statement of Supplier

If you don’t have an Australian Business Number (ABN), you may be eligible to provide a completed Statement by Supplier form along with your invoice

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03. Grants

Grants are funds given out by private, public and not-for-profit organisations for a range of purposes. All funding body’s provide the money to accomplish their

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04. Publishing & Licensing

What is music publishing? Music publishing is the management of copyrighted music that gets used commercially. A publisher is responsible for things like the collection

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05. Rights & Responsibilities

Rights As a business owner, you have the right of decision making for each and every aspect related to your business processes. You have the

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06. Boundaries

Assess your personal boundaries first Seek help Setting boundaries at work may be as simple as seeking advice from managers, mentors, family or other workers

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07. Acting Professionally

Being a professional suggests that someone is qualified and practising in a definable area, having expertise based on a deep level of knowledge, and having

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08. Tax

How tax can impact a person or business Tax is money that is required by the government to be paid on the money you earn.

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09. Copyright

Copyright is a bundle of rights that creative industry professionals own in relation to their work. It exists in every kind of creative work you

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10. Building a Business Plan

An essential part of starting your business is developing your business plan. This will include the operational, financial and marketing aspects of your business. This

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11. Quoting

A quote tells your customers your terms of service and how much you’ll charge. If a customer accepts your quote, it becomes a legally binding

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12. Invoicing

Whether you’re providing a service or are a small business, invoicing is essential. An invoice is a document provided by the person or business to

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13. Payment Options

No one type of payment is best – it will depend on the needs of your business and what your customer’s chosen payments methods are.

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14. Budgeting

Budgeting is the basis for all business success. It helps with both planning and control of the finances of the business. If there is no

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16. Artist Promotional Package

Having an informative and professional promo package can be the thing that sets you apart from other bands and artists, whether you’re approaching record labels,

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More Resources To help you Register and Launch your business

01. Tax File Number (TFN)

Creating a tax file number is easy and it’s free. It identifies you for tax and superannuation purposes. Once you create a TFN it is

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03. Registering your Business

To make your business official you will need to follow these four steps to register your business. Step One: Create an ABN Step Two: Register

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04. Banking

How to choose and why research is important So you may already have banking accounts for your own personal banking, but if you’re registered as

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05. Insurance

You will need to consider what insurance you will need if you’re operating as a sole trader. Without insurance, you may not be able to

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06. Busking Permits

Busking permits are necessary for Banyule City Council and the City of Melbourne, consent from a parent or legal guardian if the applicant is under

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07. Band Agreements

A band agreement states the rules under which band members should act and operate throughout the life of the band. These rules outline band member’s

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08. Branding

Branding, by definition, is a marketing practice in which a company creates a name, symbol or design that is easily identifiable as belonging to the

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09. Marketing

Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products

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10. Building a Web Presence

Building a web presence and social media presence gives you the ability to widen your audience while interacting with customers or people that are interested

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