So, you’ve started a new business and just finished setting up a company. Well, first off: CONGRATULATIONS!!! You are a CEO of a company now and it's time to make some good money!
But now you’re probably thinking about what happens next… What do I do now? How do I get started? So don’t worry, let me tell you what to do next!
That's why today’s video, I want to talk about all the steps that come after you’ve set up a company. Once the company is set up, you need to set up all your tax registrations, such as ABN, GST and PAYG withholding.
Let's get started!
CHAPTERS:
00:00 - Overview
01:34 - Setting Up a Business Bank Account
02:24 - Keeping Tabs on Company's Financial Position
03:37 - Set Up Single Touch Payroll
04:56 - Setting Up Payment Gateways
05:28 - Tax Obligations
07:08 - Business Insurance
08:35 - Marketing
09:30 - Final Thoughts
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Thank you for watching this video. I post weekly videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy my comments and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful!
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Davie has over 10 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients.
Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses.
He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales.
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Instagram: / boxas_syd
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Website: boxas.com.au/
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DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs.
Video produced by Social Wave
www.socialwave.com.au