Be careful what you wish for!
Do you really know what you are getting yourself in for?
We have found over the past 25 years that many small business owners have no idea what will be required of them, they just don’t know that they don’t know.
ATO says: When you start a business, there are tax and super responsibilities you need to be aware of, including:
– the tax implications of your business structure
– whether you’re entitled to an ABNExternal Link
– registering your business
– records you need to keep
– deductions you can claim.
They even provide information you can rely on
Now you’ve seen what’s involved, are you sure you want to start your own business? It’s not for everyone!
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