BUSINESS SUPPORT

Starting a business in Australia can be challenging without the necessary business support. At Thrive, we listen and work with you to offer you information and practical steps to plan out what is required to ensure success.

Key discussions and planning activities will include:

  • Consultation on goals, skills and risks

  • Rules and regulations on how to run a business in Australia

  • Business registrations including ownership structure, ABN and GST

  • Financial forecasts, understanding pricing, potential income and expenses

  • Marketing your business including networking, referrals and use of social media

  • Ongoing mentoring to improve and grow through existing and new connections and sharing of best business practice.

Frequently Asked Questions

Below are some commonly asked questions from refugees who are new to starting a business in Australia. If you would like us to share information on a business topic, please enter your request in the comment box.

  • The Australian Business Number (ABN) is like a special ID for businesses in Australia. It’s a unique 11-digit number.

    It helps other organisations recognise your business.

    It is useful and needed for you to earn an income, claim expenses, and pay or get a refund through tax.

    For more information and how to register, click here.

  • Goods and Services Tax (GST) is a 10% tax on goods and services sold within Australia.

    Consumers and businesses pay GST when they purchase and it is included in the final price.

    Businesses that sell the goods and services collects this money and passes it on to the government.

    The government uses the money from GST for public services like schools, hospitals, and infrastructure.

    Australia. Businesses with income of $75K or more will need to register for GST. Find out more about how it works.

  • If your business is registered for GST, then a Business Activity Statement (BAS) will need to be completed either once or four times a year depending on the size of your business.

    The BAS will ask you for GST you have paid (when you buy goods and services for business use) and GST you have received (when you sell your goods or services to customers).

    If you have paid more GST than you have received, then you get a refund from the government. If you have received more than you have paid, then you may need to pay the government.

    For more information on BAS, click here.