Tristone Financial Group, Business & Wealth Advice, North Sydney

Business Set Up

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects of creating a new business, we can help you:

• Decide on the most suitable structure for your business — sole trader, partnership, trust, or company
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Register for an Australian Business Number (ABN) and Tax File Number (TFN) with the ATO
• Complete registration procedures with the Australian Securities and Investments Commission (ASIC)
• Deal with company secretarial issues
• Set up a recording system for your internal use and for complying with statutory requirements

Having the right entity for your new business is crucial and ensures that:

• You only pay as much tax as you need to
• You have the right asset protection for business assets
• You are not paying too much in fees
• You have the flexibility you need for the future
• You are protected from personal liability
• You comply with all applicable legal requirements and regulations