New Business Check List

It can be costly to try to do these in the wrong order. Allow time to do them all.

1	Products – define
2	Customers – research market
3	Suppliers – evaluate
4	Business Plan – budget
5	Business Name – choose one not similar to any existing name
6	Domain Name – check availablity of appropriate name
7	Register
		(a)  — Business Name with your state government: ACT Business Gateway NSW Office of Fair Trading NT Department of Justice Qld Office of Fair Trading SA Office of Consumer + Business Affairs Tas Department of Justice + Industrial Relations Vic Consumer Affairs Victoria WA Department of Consumer + Employment Protection	1 day
		OR: (b)  — Company with ASIC	1 day
8	Bank account in the name of the business or company		1 day
9	ABN from the Australian Taxation Office		4 weeks
10	Credit card merchant facility from a bank		2 to 4 weeks
11	Domain Name – register		1 day
12	Website – quotes		1 week
13	Website – design		2 weeks
14	Host website		1 day
15	Search engine listing		2 weeks *
16	Accounting – see Small Business Accounting
17	Put time into your business – see Different Results
* If we link to your website
Some of the above times are concurrent, but some are not — e.g. You need to show ownership of a business name before you can open a bank account for it. You need an ABN or ACN before you can get a merchant facility. You need a business name or company registration or ABN to get a .com.au domain name. But you can get your website developed while you are waiting for an ABN or ACN. See also – NSW Department of State and Regional Development – NSW Home Based Business Kit

Tuesday, 26th May 2015
Newcastle, Australia