Australian Finance Podcast, Podcasts

Your 30-Min Guide To Starting A Business In Australia (From Scratch)

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Starting a (magnificent) business in Australia isn’t easy. Take it from me. There’s a LOT of work involved after the business is up and running. But before you even accept your first dollar of sales or revenue, you need to understand lots of complicated nonsense that seems so overwhelming. Tax, insurance, legal, marketing… blah, blah… blah.

In this episode of The Australian Finance Podcast Owen Rask, Founder of The Rask Group, tries to provide an overview of everything you need to know about starting a business in Australia, and shares some great show notes on exactly what you need to think about to get started.

Want us to start a business podcast? Email Owen to encourage/convince him to do it!

Podcast resources

Business.gov.au – starting a business checklist
Side Hustles – podcast episode
Domain names & web sites: Crazy Domains & Get Flywheel (for WordPress hosting sites) & Google Drive (free to start)
Tax explained – Rask tutorial
Marketing & social – Social Media explained and the Book “Digital marketing for dummies”, Permission Marketing; digital product god Eugene Wei; and everything marketing is Seth Godin
Tax & book/record-keeping – Xero
Employees: what an employee actually costs
ATO (tax) – starting a business guides & rules
Business name & ABN stuff: Getting your ABN & Business name checker
Companies: ASIC starting a company
Books on management & culture: The Hard Things About Hard Things & E-Myth Revisited

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The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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General Financial Advice warning

The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination before making a decision to acquire any financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.