Business start up advisor-Geelong.
Self employed small business owners are on the rise, and it has been for quite some time. In Australia figures shows that, more self-employed small business owners move over form traditional form of employments. Self-employment appears to be very attractive opportunity for small business in Australia.
The key to navigate to the new post Covid-19 world entails working hard to show your values so that you keep your job, preparing to reinvent to yourself, pivoting to another career, taking a short term assignment to stay relevant. Have an open mind to move where the opportunities are and what your strength are. You have an opportunity to create your own job by starting a new business offering your skill, knowledge and experience.
What that in your mind, you may want to know more about how to go self-employed yourself. Think this may be a career path you should follow?. Fair Tax Small Accountant Geelong and Belmont, are here to help and make your dream a reality. This article explores all you need to know about going self employed and tip for success.
Before you think about how to self-employed, it is important to consider what it really means. To be self employed mean you are the business. You make decision, you decide what you do, you supply the good or services. You will work directly with customers/clients to build revenue as well as partners and suppliers to acquire resources. Being self-employed means, you are paid by someone else, will pay your own tax. Our Business startup advisor can help you with your business set up.
Being self employed can be both exciting and nerve-wracking. Exciting because you have all the essential power, nerve-wracking the buck will always stop with you.
What are the benefits of going self-employed? Business start up,Geelong Small business Accountant
At Fair Tax small business accountant we are not surprised to see in Australia self- employment on the rise. Prospect often ask about how to go self-employed with may citing and abundance of reason as to why they have chosen this particular career path. So why should you consider going self-employed. What makes millions in Australia take the plunge and start their own business?
- Flexibility Be your own boss, make your own schedule and fit work around you. Of course you have responsibility as a self-employed worker but you are not tied to any work policies or work schedules. You take work as much as you can complete it in your own schedule mutually agreed with the client. Self employed worker has the freedom and control over the work load they want to take on.
- Income development: Self employed worker enjoy an average $5000 to $10000 more in their pocket compared to traditional employed workers. working for yourself full time will open up plenty of opportunities before you.
- Career fulfillment: Studies suggest that self-employed workers are the happiest kind of workers. Not only they do avoid office politics and can focus more on their career are passionate about and are good at doing. Self-employed are more satisfied in their role, and find their job is more fulfilling, as they can make what all they want to be.
- Tax Saving Self employed has more option on tax saving that others cannot access. If managed correctly you can save thousand of dollars on tax bills.
How to Go Self-Employed: What to Think about First
When you are ready to start your self-employment/small business, few things you need to think about, before you take the first important step of registering as self-employed and starting the business.
Are you ready? Being self-employed is extremely rewarding, but success require time, investment and steady guiding hand. You need prepare for the pressure you may face on the way to business achievement. Any business when you start there would be hurdles, but theses are the steps you need to go through. Are you ready to give everything you have, like your skills, time and money? It is not going to be easy, but it will pay off if you do it right.
What Are Your Start-up Costs? You need to spend money to earn money, what your business will cost to start, and make sure you have the right financial capital to get things off the ground. You need to know what business structure suit you, to give maximum benefit for you tax and investments. At Fair Tax Accountant, you can take advantage of our initial 30 minutes free consultancy appointment to discuss this further, give us a call on 0352412982.
What is your business plan?
You have to know things like where you are going to find funding, where you are going to find customers, how you are going to market your goods and services, how much to charge for your business product, and what kind of resources you’ll need. Make sure you have a solid business plan.
Can you handle money & compliance for your small business?
It is legal obligation of self-employed workers or sole traders in Australia to maintain accurate records for taxation and other compliance such as single touch payroll, superannuation, filing of Tax/GST return and money management etc. If you are not good at such things or don’t have time you need to consider these things carefully. Fair Tax Small Business Accountant are more than happy to assist with all your tax and business compliance for you.
Business start up advisor- Accountant Geelong
Being self employed or sole trader can be both exciting and nerve-wracking. Exciting because you have all the essential power, nerve-wracking the buck will always stop with you.
Let our small business accountant help with your business startup and compliance requirements. We can make sure your business goals are defined, measurable, achievable and are in line with your business and life goals.
Let the pros at Fair Tax business Accountant based in Geelong help you with full filling all your your small business Accountant and Taxation responsibilities. Our small business accountant provide business start up advise across Belmont, Highton, Grovedale and Waurn Ponds. We offers Very cost effective and affordable rate with committed and passionate helping hand to businesses across Geelong. Our business start up advisors can provide a range of solutions to simplify your Bookkeeping, Accounting and Taxation requirements.
How to find an accountant for small business? Call or email our small business accounting firm near to you for a cost effective solutions : admin@fairtaxaccountant.com.au Phone:03 5241 2982
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