How do I Open a Remote Business in Australia?
Due to faster Internet connections, coupled with the remoteness of Australia's landscape, it is increasingly common for would-be entrepreneurs to start a business on-line. Although the procedures for starting a remote business in Australia are a little different than starting a business anywhere else in the world, there are some steps and bureaucratic procedures that are unique to Australia. You will have to abide by them if your new business venture is to be trouble-free.
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Instructions
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Write a detailed business plan for your new remote business venture. Diligent research in your target market, business niche, competition, and good resources are a must if your business is to be a profitable venture. According to the Independent, "One of the most important elements of setting up an on-line business is finding out if there is a market for your idea."
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Fill out and submit ASIC form 201 in order to obtain a certificate of incorporation and an Australian company number (ACN). The form is obtained from and submitted to the Australian Securities and Investment Commission (ASIC) on-line, and takes about one day to process. You must sign a declaration that you will abide by Australian business rules and regulations and also must pay 400 Australian Dollars (roughly 400 U.S. Dollars in 2010), according to the World Bank's "Doing Business" Web site.
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Obtain an Australian Business Number (ABN) from the Australian Taxation Office (ATO), which may be performed on-line for free. According to the World Bank's "Doing Business" Web site, a survey of your estimated profits and turnover will be requested, the results of which will be used to assess your tax status. If your annual turnover is expected to be under 75,000 Australian dollars (about 75,000 US dollars in 2010) you will are not obliged to obtain an ABN, but it is advisable to do so in case your profits rise above your forecast.
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Invest in a stable and reliable Internet connection. Your enterprise will be reliant upon your communication with the outside world. Your business will not be as successful if you constantly encounter blackouts with your Internet connection.
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Set up a payment mechanism for your business. Most of the smaller remote business use a third party payment service. If your business is to be larger, however, you may consider entering into a deal with the major credit and debit card companies for accepting payment in order to avoid excessive per-transaction fees.
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Market your Web site to the general public. A variety of on on-line marketing tools are available that will post an advertisement of your company on other Web sites, and will charge you on a pay-per-click basis. Additionally, hiring a Web marketing company that specializes in Search Engine Optimization (SEO) will tailor your Web site in order to increase its ranking in search engine results.
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