{"id":1905,"date":"2023-08-23T11:07:36","date_gmt":"2023-08-23T01:07:36","guid":{"rendered":"https:\/\/bksp.com.au\/?p=1905"},"modified":"2023-08-23T11:07:41","modified_gmt":"2023-08-23T01:07:41","slug":"guide-to-starting-a-business","status":"publish","type":"post","link":"https:\/\/bksp.com.au\/blog\/guide-to-starting-a-business\/","title":{"rendered":"Guide to Starting a Business"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; custom_margin=&#8221;|-317px||1px||&#8221; custom_padding=&#8221;|||0px||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;96.4%&#8221; min_height=&#8221;685.3px&#8221; custom_margin=&#8221;-43px|179px||7px||&#8221; custom_padding=&#8221;|0px|0px|23px||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/Starting-business-banner.png&#8221; title_text=&#8221;Starting business banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;|-1px||||&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;90.5%&#8221; min_height=&#8221;269.9px&#8221; custom_margin=&#8221;|||0px||&#8221; custom_padding=&#8221;0px|2px|0px|||&#8221; global_colors_info=&#8221;{}&#8221;]<p>\u00a0<span style=\"color: #0a0a0a;\">Setting up your own business is exciting but can also be challenging if you\u2019re not prepared. To ensure a smooth start, there are obligations a new business needs to consider. It\u2019s important to note that starting a business is challenging and involves inherent risks. Assessing your readiness is a personal decision, and it\u2019s advisable to consult with professionals, mentors, or business advisors to gain further insights and guidance specific to your situation.<\/span><\/p>\n<p><span style=\"color: #0a0a0a;\">Remember that each business is unique, and additional factors may be relevant based on industry, location, and personal circumstances. Taking the time to thoroughly consider these aspects can significantly increase your chances of success and help build a strong foundation for your business.<\/span><\/p>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/First-steps-banner.png&#8221; title_text=&#8221;First steps banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;89.9%&#8221; min_height=&#8221;522.9px&#8221; custom_margin=&#8221;|||0px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p>\u00a0<span style=\"color: #0a0a0a;\"><\/span><span style=\"color: #d38c86; font-size: large;\"><strong>First Steps: Are You Ready to Start a Business?<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"color: #0a0a0a;\">Aside from having knowledge in your chosen industry, running a business requires a wide range of skills such as business, personal and interpersonal skills. Attend business events and training to help you develop the tools, skills and knowledge required to start your business. Use the<\/span><a href=\"https:\/\/business.gov.au\/events-and-training?resultsNum=10\"><span>\u00a0<\/span>Events and training finder<span>\u00a0<\/span><\/a><span style=\"color: #0a0a0a;\">to find out what\u2019s on near you or online.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Talk to people with similar businesses or a trusted business adviser. Use the<\/span><span>\u00a0<\/span><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/expertise-and-advice\/56745i\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">Expertise and Advice finder<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">to search for expert business advisors who can help guide you through starting your business.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Contact your local industry association.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Look at the ATO\u2019s website and<\/span><span>\u00a0<\/span><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/ess-Small-business-benchmarks-\/56748i\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">small business benchmarks<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">to see how businesses perform in your industry.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Calculate your start-up business costs: If you\u2019re starting a business, you\u2019ll need to consider your start-up costs. Use our template to<\/span><a href=\"https:\/\/business.gov.au\/planning\/new-businesses\/calculate-the-start-up-costs-of-your-business\"><span>\u00a0<\/span>calculate the start-up costs of your business<\/a>.<\/li>\n<li><span style=\"color: #0a0a0a;\">Research financial information for your business \u2013 how much will it cost to start your business, to be in business, and can you access<\/span><span>\u00a0<\/span><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/nts-and-programs-resultsNum-10\/5674g\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">grants or loans<\/a>?<\/li>\n<li><span style=\"color: #0a0a0a;\">Starting and running a business requires significant time, effort, and commitment. Evaluate your availability, dedication, and willingness to take on the responsibilities and demands that come with business ownership. Your lifestyle will change a lot as a business owner. You will need to work long hours and even weekends. You need to prepare yourself as you may have less free time.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/Decisions-banner.png&#8221; title_text=&#8221;Decisions banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;90.2%&#8221; min_height=&#8221;522.9px&#8221; custom_margin=&#8221;-7px|||1px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p><span style=\"color: #0a0a0a;\"><\/span><\/p>\n<p><span style=\"color: #d38c86; font-size: large;\"><strong>Make Key Decisions<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"color: #0a0a0a;\">Create a comprehensive business plan outlining your goals, strategies, financial projections, and operational details. A well-defined plan serves as a roadmap and helps secure funding if required. Use the<\/span><span>\u00a0<\/span><a href=\"https:\/\/mcusercontent.com\/708a6f1de6c51445e482ece41\/files\/6ee4dd7c-bea8-51e0-8dff-3000a7e42134\/Business_Plan_Template.docx\" target=\"_blank\" rel=\"noopener\">business plan template<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">to focus your business idea and set some goals quickly.<\/span><\/li>\n<li><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/nt-and-planning-business-risks\/5674n\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">Identify potential risks<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">and challenges that your business may face. Develop contingency plans and mitigation strategies to minimise these risks and protect your business\u2019s sustainability. Be aware of all the business risks you might encounter.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Writing a marketing plan can help define your marketing strategy and identify the best activities and channels to market products or services. Learn how to develop a marketing plan with the<\/span><span>\u00a0<\/span><a href=\"https:\/\/mcusercontent.com\/708a6f1de6c51445e482ece41\/files\/90e5aeb5-4a50-39ad-c922-65f48cd7e015\/Marketing_Plan_Template.docx\" target=\"_blank\" rel=\"noopener\">marketing plan template<\/a>.<\/li>\n<li><span style=\"color: #0a0a0a;\">Select a suitable business structure\u00a0, such as a sole trader, partnership, company, or trust. Each structure has different tax and legal implications, so it\u2019s important to consider your circumstances and seek professional advice if necessary. Learn more about different<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Starting-your-own-business\/Business-structures---key-tax-obligations\/\" target=\"_blank\" rel=\"noopener\">business structures<\/a>.<\/li>\n<li><span style=\"color: #0a0a0a;\">Are you an<\/span><span>\u00a0<\/span><a href=\"https:\/\/business.gov.au\/people\/contractors\/employee-or-contractor\" target=\"_blank\" rel=\"noopener\">employee or contractor<\/a><span style=\"color: #0a0a0a;\">? If you are working on your own, you will need to know your worker status. Before entering a contract, determine whether you are an independent contractor or an employee.<\/span><span style=\"color: #0c0c0c; font-size: 14px;\"><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/ABN-and-Registrations-Banner.png&#8221; title_text=&#8221;ABN and Registrations Banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;89.9%&#8221; min_height=&#8221;499.9px&#8221; custom_margin=&#8221;-7px|||2px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p>\u00a0<span style=\"font-size: 14px;\"><\/span><a href=\"https:\/\/business.gov.au\/planning\/new-businesses\/choose-a-business-name\" target=\"_blank\" rel=\"noopener\" style=\"font-size: 14px;\">Choose a business name<\/a><span style=\"font-size: 14px; color: #0a0a0a;\">. A business name is the name your business trades under. Choosing the right business name will help create the image you want for your business. It will also help to distinguish you from your competitors. Once you\u2019ve chosen a business name, you\u2019ll need to register it. There\u2019s no need to register if you or your business partner are trading under your first name and surname. A business name is registered nationally with the<\/span><a href=\"https:\/\/asic.gov.au\/for-business\/registering-a-business-name\/\" style=\"font-size: 14px;\">\u00a0Australian Securities and Investments Commission (ASIC)<\/a><span style=\"font-size: 14px;\">. <\/span><span style=\"font-size: 14px; color: #0a0a0a;\">This allows your business to operate in any state or territory.<\/span><\/p>\n<ul>\n<li><span style=\"color: #0a0a0a;\">You may need an<\/span><span>\u00a0<\/span><a href=\"https:\/\/business.gov.au\/registrations\/register-for-an-australian-business-number-abn\" target=\"_blank\" rel=\"noopener\">Australian business number (ABN)<\/a>. <span style=\"color: #0c0c0c;\">This unique 11-digit number identifies your business or organisation to the government and community. An ABN has its own set of obligations. You can apply for an ABN and other key business registrations through th<\/span><span style=\"color: #0a0a0a;\">e<\/span><span>\u00a0<\/span><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/2023-07-18\/5675g\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">Business Registration Service<\/a>.<\/li>\n<li><span style=\"color: #0a0a0a;\">Know what<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Registration\/\"><span>\u00a0<\/span>registrations<\/a><span style=\"color: #0a0101;\">, licenses and permits you need. When you\u2019re ready to start your business, knowing what registrations you need is important. These registrations will depend on your chosen business structure, location, industry, whether you employ staff and the type of business you\u2019re operating.<\/span><\/li>\n<li>The<a href=\"https:\/\/register.business.gov.au\/helpmedecide\"><span>\u00a0<\/span>Business registration \u2013 help me decide tool<\/a><span>\u00a0<\/span>c<span style=\"color: #0a0a0a;\">an help you work out the basic business and tax registrations you should consider applying for.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">You\u2019ll need licences and permits to get approval to do certain activities. The\u00a0<\/span><a href=\"https:\/\/ablis.business.gov.au\/\" target=\"_blank\" rel=\"noopener\">Australian Business Licence and Information Service (ABLIS)<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">can help you find the licences, permits and council approvals you need for your business.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Once you have started a business, you need to meet specific business obligations. This includes any required<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Registration\/\"><span>\u00a0<\/span>registrations<\/a><span>\u00a0<\/span>or<span>\u00a0<\/span><a href=\"https:\/\/business.gov.au\/risk-management\/insurance\/business-insurance\" target=\"_blank\" rel=\"noopener\">business insurance<\/a>.\n<p><strong style=\"color: #d38c86; font-size: large;\"><\/strong><\/p>\n<\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/GST-banner.png&#8221; title_text=&#8221;GST banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;89.9%&#8221; min_height=&#8221;219.9px&#8221; custom_margin=&#8221;-7px|||4px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p>\u00a0<strong style=\"color: #d38c86; font-size: large;\">You may also need to:<br \/><\/strong><\/p>\n<ul>\n<li><span style=\"color: #0a0a0a;\">Register for<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/GST\/\"><span style=\"color: #0a0a0a;\">\u00a0<\/span>goods and services tax (GST)<\/a><span style=\"color: #0a0101;\">, which is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.<br \/><\/span><\/li>\n<li><span style=\"color: #0a0101;\">Register for<\/span><span>\u00a0<\/span><a href=\"https:\/\/www2.icb.org.au\/e\/963933\/Business-PAYG-withholding-\/56762i\/203565979?h=_FG7MFIiYtGutf_3C7Pkxtz81uACkalSaxLupPcR__U\" target=\"_blank\" rel=\"noopener\">pay as you go (PAYG) withholding<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">and meet your super obligations for any employees you hire.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Register for<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Fringe-benefits-tax\/\" target=\"_blank\" rel=\"noopener\">fringe benefits tax (FBT)<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">when you are providing fringe benefits to your employees.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/Employees-banner.png&#8221; title_text=&#8221;Employees banner&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;-20px|||||&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;89.9%&#8221; min_height=&#8221;252.9px&#8221; custom_margin=&#8221;-7px|||-2px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p><span style=\"color: #d38c86; font-size: large;\"><strong>If you&#8217;re thinking of <a href=\"https:\/\/www.ato.gov.au\/Business\/Engaging-a-worker\/\">hiring a worker<\/a>, <\/strong><\/span><span style=\"font-size: 14px; color: #0a0a0a;\">it\u2019s important to understand your tax and super obligations as an employer. Before you hire your first worker, you need to:<\/span><\/p>\n<ul>\n<li><span style=\"color: #0a0a0a;\">Set up<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Single-Touch-Payroll\/\" target=\"_blank\" rel=\"noopener\">single touch payroll (STP)<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">to meet your employer obligations.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">Register for<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/PAYG-withholding\/\" target=\"_blank\" rel=\"noopener\">PAYG withholding<\/a>.<\/li>\n<li><span style=\"color: #0a0a0a;\">Set up your business to<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Super-for-employers\/Setting-up-super-for-your-business\/\" target=\"_blank\" rel=\"noopener\">pay superannuation contributions<\/a><span>\u00a0<\/span><span style=\"color: #0c0c0c;\">to your worker\u2019s nominated fund.<\/span><\/li>\n<li><span style=\"color: #0c0c0c;\">Register for<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.ato.gov.au\/Business\/Fringe-benefits-tax\/\" target=\"_blank\" rel=\"noopener\">FBT<\/a><span>\u00a0<\/span><span style=\"color: #0a0a0a;\">if you provide benefits in addition to wages.<\/span><\/li>\n<li><span style=\"color: #0a0a0a;\">See if you need to register for state and territory payroll tax.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2023\/07\/Reporting-banner.png&#8221; title_text=&#8221;Reporting banner&#8221; _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92.5%&#8221; min_height=&#8221;522.9px&#8221; custom_margin=&#8221;-7px|||1px||&#8221; custom_padding=&#8221;0px|2px|0px|6px||&#8221; global_colors_info=&#8221;{}&#8221;]<p><span style=\"color: #d38c86; font-size: large;\"><strong>Speak with a Registered Tax Professional:<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14px; color: #0a0a0a;\">Speaking with a<\/span><span style=\"font-size: 14px;\">\u00a0<\/span><a href=\"https:\/\/www.tpb.gov.au\/public-register\" target=\"_blank\" rel=\"noopener\" style=\"font-size: 14px;\">registered BAS Agent<\/a><span style=\"font-size: 14px; color: #0a0a0a;\"> when starting a business is highly beneficial. BAS Agents (that&#8217;s us) are professionals who specialises in financial reporting, including preparing and lodging BAS statements. Engaging their services can ensure your business complies with GST obligations and other reporting requirements. BAS Agents possess in-depth knowledge of tax laws and regulations, enabling them to accurately calculate and report GST, PAYG withholding, and other relevant taxes.<\/span><\/p>\n<div>\n<p><span style=\"color: #0a0a0a;\">A registered BAS Agent can guide you through the intricacies of financial record-keeping, assist in setting up appropriate accounting systems, and provide valuable advice on bookkeeping practices. They can help you understand your obligations and timelines for BAS lodgement, minimising the risk of late lodgement penalties.<\/span><\/p>\n<p><span style=\"color: #0a0a0a;\"><\/span><\/p>\n<\/div>\n<div><\/div>\n<p><span style=\"color: #0c0c0c; font-size: 14px;\">By working with a registered BAS Agent , you can have confidence in the accuracy and compliance of your financial records. Their expertise and ongoing support can save you time, reduce stress, and ensure your business meets its reporting obligations, allowing you to focus on core business activities and achieve financial stability.<\/span><\/p>\n<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><span style=\"color: #d38c86;\"><strong><\/strong><\/span><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_4,1_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;94.5%&#8221; min_height=&#8221;372.8px&#8221; custom_margin=&#8221;|570px|-8px|24px||&#8221; custom_padding=&#8221;0px|0px|0px|0px||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;86.5%&#8221; custom_margin=&#8221;|11px||||&#8221; custom_padding=&#8221;|||23px||&#8221; global_colors_info=&#8221;{}&#8221;]<p><span style=\"color: #000000;\"><a name=\"How_to_claim_the_skills_and_training_boost\" style=\"color: #000000;\"><\/a><\/span><span style=\"color: #000000;\"><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0a0a0a;\">Have any questions?<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0a0a0a;\"><span>Or if you require any assistance in working out how this decision impacts your business, b<\/span>ook a phone meeting <\/span><a href=\"https:\/\/calendly.com\/bksp\" target=\"_blank\" rel=\"noopener\">here<\/a><span>\u00a0<span style=\"color: #0a0a0a;\">or contact us using the form below.<\/span><\/span><span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #d38c86;\"><strong>\u2013 Team BKSP<\/strong><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/bksp.com.au\/wp-content\/uploads\/2022\/04\/BKSP-003-e1654747196229.jpg&#8221; title_text=&#8221;BKSP (003)&#8221; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;43.7%&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; min_height=&#8221;462.5px&#8221; custom_margin=&#8221;|324px||5px||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#D82657&#8243; global_colors_info=&#8221;{}&#8221;]<p><span style=\"color: #d82657; font-size: large;\"><strong>Useful Links<\/strong><\/span><\/p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/business.gov.au\/guide\/starting&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;ABR &#8211; Starting a Business Guide&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#D82657&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_button button_url=&#8221;https:\/\/mcusercontent.com\/708a6f1de6c51445e482ece41\/files\/6ee4dd7c-bea8-51e0-8dff-3000a7e42134\/Business_Plan_Template.docx&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Download Business Plan Template doc&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#D82657&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_button button_url=&#8221;https:\/\/mcusercontent.com\/708a6f1de6c51445e482ece41\/files\/90e5aeb5-4a50-39ad-c922-65f48cd7e015\/Marketing_Plan_Template.docx&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Download Marketing Plan Template doc&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#D82657&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_post_slider _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;98.4%&#8221; min_height=&#8221;415.5px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_slider][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>Setting up your own business is exciting but can also be challenging if you\u2019re not prepared. 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