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 your business name
A business name is the name your business operates under. Your business name identifies you to your customers and allows you to differentiate yourself from your competitors. A business name helps your customers to make an emotional connection to your business and brand.
Step Three: Register your business for tax purposes
Some taxes apply and are compulsory depending on your business size and type. Others are optional, but can make life easier if you have them.
Step Four: Register licenses and permits
You’ll need licenses and permits to get approval to do certain activities.
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