Deciding to become your own boss can be a scary step to take but through careful planning and receiving the right advice your new business can have every chance of success. Whether you are about step foot on that path toward self employment or have been walking it for a while, here are a few things that you may wish to consider:

  • What considerations need to be made when planning to start a small business?
  • Where should I seek advice?
  • Should I insure my business or key employees?
  • What happens to my business if I die or become disabled?
  • What are my obligations if taking on employees?
  • How do I pay super for myself?
  • What are the tax implications if choosing to exit my business?

How we can help business owners:

  • Advise on the financial planning aspects of your business.
  • Review and recommend specialised insurances that are needed to protect yourself, your business and your employees.
  • Provide advice on your superannuation requirements for both yourself and your employees
  • Help investing your business profits.
  • Provide advice around succession planning and buy/sell arrangements for partnerships.

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Our Financial Planning Hub Calculators & Forms

Caution: These calculators are provided by the Financial Planning Hub and are not provided, approved or endorsed by AMP Financial Planning. Using these calculators may provide a useful starting point. However, they are guides only and do not constitute expert, licensed financial advice. Calculators should not be used as the basis for any financial or investment decision. You can build a full understanding of your financial position by working with a qualified financial planner to develop a plan based on your personal situation. Contact us for advice tailored to your goals and needs.

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