SERVICES

BUSINESS START-UP

Do you have a great idea that you think you could turn into a business? Have you recently been made redundant and are considering starting your own business?

Statistics tell us that four out of five new business start-ups fail within the first two years.

Why do they fail?

• Lack of planning
• Lack of capital
• No business experience
• Poor or no promotion and advertising
• Under-pricing
• No attention to collecting money owed to the business
• Not asking for advice before commencement

Before you start a business, it is imperative that you get some professional advice - this will not guarantee success, but it will make the odds of survival much greater.

Some of the issues that need to be discussed with a professional advisor include:

• Business structure
• Capital
• How much, who is providing it
• Which bank to use
• Competition
• Pricing
• GST
• Employees - PAYE and Kiwisaver obligations
• Income tax requirements

A modest fee for professional advice prior to starting a business may well save you a whole heap of money further down the track.

Contact us to find out how we can help you.