0 Followers
Needing advice for a starting out business renting a chair. Tax advice etc would be great?
Responses
hairdresser?
best advice you can get initially is KEEP YOUR RECEIPTS!!!!
then use an online accounting package like MYOB Essentials or Xero. they all do the same thing and will save you heaps of time and $$$$ when you are doing your tax
if you are thinking that you will turn over more than $75k per annum, register for GST.
And look into income protection insurance: if you are self-employed and cant work, things get very unpleasant very quickly
lastly find yourself a good bean counter that doesnt mind giving advice to small businesses.....they do exist, but the fancy-schmancy end of town with their wood-panelling and fancy big offices are likely to cost more. Look for someone with experience and qualifications, but not necessarily the big firm.
good luck
bc