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Federal government delivers small businesses registration service

On May 29 2012
Tagged as:
  • Commercial Property


Australian entrepreneurs have been given a boost with the news that the federal government is set ...

Australian entrepreneurs have been given a boost with the news that the federal government is set to simplify the application process.

In an effort to reduce the costs surrounding business registration, a new online channel has been deployed that aims to streamline the procedure - while also reducing the associated fees.

The minister for small businesses Brendan O'Connor explained that the owners of smaller enterprises would be able to register their names nationally using the digital "one-stop shop".

Mr O'Connor asserted: "This is an historic change which will cut costs and red tape for small businesses across the nation.

"Under this new service, all it will take is a single online registration process and a low fee - $30 for one year or $70 for three years."

He went on to say that the system would also import existing business names already registered with the relevant authorities - meaning entrepreneurs could focus on their core offerings.

Like any commercial property, a company name can  be used to tell prospective clients and stakeholders a lot about what the firm stands for - its goals, values and preferences.

Ensuring that these elements are in line with the mission statement enshrined in the central business plan is critical - as going off-message in any part of the start-up phase can be detrimental to the brand-building process.



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