Planning for your business

Planning is very important when setting up your business. Having plans in place will allow you to:

  • set goals
  • track your progress
  • sell your business idea to others (e.g. potential investors)
  • know what to do when things don’t go to plan.

Find out more on how to develop your business plan through the Australian govt business website.
To help you get started, check out the ATO templates and tools, including :

  • Business Plan template and guide
  • Marketing Plan template and guide
  • Emergency management template and guide.

Follow this link to the ATO web based videos and useful tools –https://www.business.gov.au/info/plan-and-start
Should you require assistance with your business establishment or development, contact the team at Thompsons Australia.

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Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.

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