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Business Guides

Starting Your Trade Business

Before You Start

  • Complete your trade qualification
  • Gain sufficient experience (3-5 years recommended)
  • Research your market and competition
  • Build some savings buffer

Legal Requirements

  1. ABN: Register at abr.business.gov.au (free)
  2. Trade license: Apply through your state authority
  3. Business name: Register if different from your name
  4. Insurance: Public liability essential

Business Structure

  • Sole trader: Simple, common for starting out
  • Company: More protection, more admin
  • Partnership: If starting with someone

Get accounting advice on best structure for you.

Insurance You Need

  • Public liability: $5-20M coverage
  • Tool insurance: Protect your kit
  • Vehicle insurance: Business use rated
  • Income protection: If you can't work

Setting Up Operations

  • Business bank account
  • Accounting software (Xero, MYOB, QuickBooks)
  • Quote and invoice templates
  • Vehicle signage
  • Basic website or social media presence

First Year Tips

  • Set aside 30% for tax
  • Keep every receipt
  • Separate personal and business finances
  • Price to cover all costs (not just materials and time)
  • Build relationships, not just clients

Need Help?

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