How to start your business

There's a lot to think about when starting a business. From writing a business plan to understanding the red tape, we've got tips and resources to make sure you have the necessities covered.

Write your business plan

This is the most important tool in your toolkit, so its worth investing some time in.
1

Download a template

You don't need to start from scratch. Download our template (word) to get started.
2

Have a planning day

Spend some time clarifying what you want to achieve from your business to make sure your plan can take you into the future.
3

Think like an investor

Make sure your plan shows investors that you have a viable business solution.

Choose your business type

There are four structures to choose from.

Red tape checklist 

Make sure you cover the formalities. 

Getting your business off the ground

Here's a few things to think about. For more handy tips and resources, check our business tools.

Consider your current income

Do you plan to keep your current job for a bit longer? It could help out with initial costs.

Discover your borrowing power

If you have enough equity in your home or an established business, you might be able to borrow some money.

Start from home

It'll save money on renting another space, plus you might be able to claim tax deductions on your housing expenses.

Brainstorm your options

Government grants, capital investors and crowd funding are possible ways to get yourself started.

How can we help?

Business Specialists Team

Speak with someone from the team today

Business Banking Specialists

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