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.
As the only owner, you'll have control over the decisions and profits of your business
- Benefit from the simplest and least expensive set up process
- Business profits are treated as personal income, from which you'll deduct your own super contribution
- Only pay tax on profits using your own tax file number
- Find out more about being a sole trader.