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Costly mistakes when starting a new business – and how to avoid them

Setting up with the wrong structure.  Should you be a sole trader, propriety company, not for profit, etc. Not sure?  

Not having appropriate legal contracts, structures and processes in place to protect your business and your employees.  Not sure what they are?

Not protecting intellectual property.  Do you need to register a patent, trade mark or some other form of intellectual property protection? Find out.

Failing to comply with tax obligations.  Do you know what yourPAYG, BAS, GST obligations are? Find out.

Not writing a business plan.  Simple guide and template. Check it out.

Need help? Contact INNOVIC on (03) 8060 3504 or www.innovic.com.au for more tips, resources and advice.

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