There are four structures to choose from.
Make sure you cover the formalities.
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.
If you don't want to quit your day job just yet and you're looking to start something up on the side, we're here for you. We've got the account and tools to help you get set up, plus some guides and tips to help you reach your goals.