Planning To Start Your Own Business

Do you have a new business venture idea and are thinking of starting a business?

Investing time and focus into proper planning is the key to turning your dreams into reality.

Operating a small business is not just about working for yourself or working from home, it's also about having the necessary management skills, industry expertise, technical skills, finance and of course a long-term vision to grow and succeed.

It's important to consider whether you really understand what's involved and whether you're suited to business and self employment.

You need to ask yourself - ARE YOU READY TO START YOUR OWN BUSINESS?

At VM Consultants we can assist you in every stage of setting up your OWN BUSINESS

We can help you answer the following questions:-

• What do you need before you get started?
• What type of business should you start?
• Which business structure should I choose?
• How do you choose a business name?
• How to write a business plan?
• How to write a marketing plan?
• How to develop a succession plan?
• What planning tools do you need to run your business?

Starting A Business

After you have done all the due diligence and research about your business, you are now ready for taking the next big step i.e starting your own business.

You would find yourself in at least one of the following scenarios

Starting a new business

• How to manage your finances?
• How can you find a business loan?
• What would be your taxation obligations?
• What are your legal requirements?
• What do you need to register for?
• What licences & permits do you need?
• How do I set up operations?
• How do I promote my business?

Starting a home-based business

Starting / Buying a franchise

Starting as an independent contractor

Buying an established business

Running & Growing your Own Business

Once your business is up and running, you need to look and start planning for the next level for your own business:-

• Analysing your business
• Improving internal processes
• Growth in the workplace
• Opportunities for business growth
• Re evaluate your marketing plans
• Changing your business structure

Exiting a Business

When closing or selling your business, you need to address a number of issues, such as company and business name de-registration, employee payments and cancellation of taxation registrations.

We can help you complete necessary process in order for you to close down, sell or transfer ownership of your business.

• Succession planning
• Selling your business
• Closing your business
• Bankruptcy & insolvency
• De-registering or winding up a solvent company
• Cancel your business name
• Transferring ownership
• Taxation issues
• Dealing with employees

Asset Protection

We advise on risks impacting business and financial objectives and determine the most effective business structures and risk minimisation strategies.