Small Business

Getting your own business off the ground is definitely a challenging and exciting activity. There can be nothing more satisfying than seeing your germ of an idea growing into a large and profitable business organisation. But before you can take it to that level, you have to ensure that you get the basics right. You must have a business plan in place, get the required finance and hire key people to run your company. However, what many business owners often neglect is following the statutory rules, so necessary before the first customer walks in. Not doing so can lead your company to unwarranted litigation later, resulting in fines and suspension of business if found guilty.

It is therefore necessary to get all the regulatory permits and licences before starting off. Most businesses falter at this step, not because they are wilful defaulters but because they are not aware of what is needed. Hence, it is always advisable to hire the services of business lawyers to get you through this first and crucial step.

Here is a check list of legal requirements that you should tick off before embarking on your business venture.

Registration of Business Name

You have to register the name of your business first as “Doing Business As” (DBA) or “Fictitious Business Name” (FBN). The latter is the name your company will be operating under as distinct from the real and legal name of your business. FBN is temporary in nature and is usually valid for 5 years.

Registration of business name will not provide you with any trademark protection but you can use the name on your brands. However, if you do not register a DBA name, the business will automatically be registered in your name, that is, John Smith for example. On the other hand, if you register as “John Smith Consulting”, it has to be registered as a DBA business name with the State.

Federal and State Taxes

Any business that is a sole proprietorship or a corporation and has employees working for it needs an Employer Identification Number (EIN) from the tax authorities. This is like a social security number for your business and will be required at every step of operations, from filing taxes to opening bank accounts to applying for business licences. If you are operating as a sole proprietorship, you are not required by law to obtain an EIN even though it makes sense to bifurcate your liability into business and personal segments through an EIN. Your Federal taxes and the returns you file will be determined by your business structure.

Apart from Federal taxes, you will also be required to pay certain State and local taxes. These vary from State to State and hence you should consult lawyers who are well conversant with the business laws of the State and are based there. For instance, if you are starting your venture in the State of Victoria, Australia, you will do well to contact PB Lawyers. The firm is based in Melbourne and has a reputation in this field. They will be able to take you through the maze of State and Local tax structures so that you do not have to face any potential tax hurdles later.

Business Licences and Permits

Just like registering for Federal and State taxes, you will also have to get the necessary business licences and permits both at the Federal and State levels. This will be decided by the type of industry you intend to start and where is located. Federal licences are usually needed in cases where the business activity has to be supervised and regulated by a Federal regulating agency whereas State and Local permits and licences depend on the location.

Leasing Premises

For any business, retail or setting up industries, you will have to buy or lease premises. This should be in accordance with the laws prevailing in the State. Your conveyancing solicitor will be able to guide you in this regard and draw up agreements and contracts that are appropriate to your business. Even if you work from home, there might be a State or local limit to the number of people that you can employ. Only an experienced solicitor firm well versed in the business laws of the State can optimally guide you. In continuation of the previous example, if you are operating in the State of Victoria, Australia, you can visit https://pblawyers.com.au/property-conveyancing-melbourne.php for more information.

There is a range of other legal requirements with the ones mentioned here being the key ones. Always take professional help first and leave nothing to chance.

Nurses Training

Australia has one of the most advanced healthcare systems in the world offering lucrative job opportunities for well trained, qualified and experienced professionals in this field. The same goes for nursing too – the country is currently passing through an exponential boom in demand for trained nurses. This is primarily because top of the line healthcare services has facilitated a growth in the population segment of the aged and the elderly who need acute and critical care management. The high demand for nurses and the excellent working conditions has made Australia a favourite destination for trained nurses from around the world, wanting to carve a niche in this profession.

There are a lot of Universities and accredited institutes that offer training courses for nurses in Australia. Some of these courses are full time on-campus ones and usually have a two year full time duration. Focus is primarily on hands-on clinical training in labs that simulate real life conditions that nurses are likely to meet at work after passing out. There are other courses that can be taken online. These are especially useful for working nursing aides and assistants or licensed practical or vocational nurses who have taken licences and are pursuing their studies and working simultaneously. However, those who are simply enrolled in an online course have to undergo clinical training in hospitals or nursing homes under supervision.

Here are some of the top training courses for nurses in Australia in no specific order of priority.

Murdoch University – The University offers 4 specialised courses for nurses starting from the very basic to the most advanced courses. The first is Bachelor of Nursing in nursing which is for undergraduates and of full time 3 years duration. The second is also a Bachelor of Nursing for undergraduates but of shorter 1 year duration. Those who are more academically inclined and would like to pursue a career in teaching and research in nursing can next take up the full time 2 years Master of Philosophy in Health Profession (MPhil) followed by 4 years full time Doctor of Philosophy in Health Profession (PhD). The basic courses are a mix of extensive classroom and clinical lab training.

Australian Centre of Further Education (ACFE) – ACFE is an accredited and authorised institute for nursing courses. There is a wide range of courses offered here, from the basic to the most advanced. Applicants can opt for Certificate in Individual Support and Certificate in Ageing Support. In both instances, students are given thorough hands-on training under supervision in residential and community settings. Apart from these, the institute offers diploma in nursing and work training programme for nurses (WTPN).

ACFE also trains overseas trained nurses with special IRON (Initial Registration of Overseas Nurses) programmes that are recognised by AHPRA, the health regulatory body in Australia. This course is designed to impart training to overseas trained nurses who are not able to set benchmarks of standards as required to practice in Australia. After completing the course and passing both written and practical tests, the students become eligible to work in the country. For details and to know more, visit http://acfe.edu.au/.

University of Tasmania – One of the well known Universities for nursing courses, the University of Tasmania offers a range of programmes, from the beginner to the doctoral level. All courses are conducted in both a class room setting as well as with strong industry partnership with those in the healthcare environment. Nurses who complete the courses go on to work in mental health, workplace safety, chronic disease management and emergency medicine. The Bachelor of Nursing 3 year course is offered at Launceston while the fast track two year courses are conducted at Hobart and at two NSW campuses.

Royal Melbourne Institute of Technology University (RMIT University) – The course offered at RMIT is a mix of online distant education and full time courses ranging from the basic to advanced Doctoral programmes. Diploma in Nursing is a career based online vocational course of 2 years. However, students are required to go through simulated lab training to get a hands-on experience of nursing. Other full time courses are 3 years Bachelor of Nursing, 1 year Graduate Diploma in Mental Health Nursing, 2 years Master of Science (Nursing) and 3 to 4 years Doctor of Philosophy (Nursing). Entry requirements range from being an undergraduate to post-graduation for Doctoral programme.

Apart from these courses, Australia has many other Universities and Institutes that offer nursing courses for both domestic residents and overseas applicants.

Business Sustainability

Most businesses do not possess a deeper understanding of sustainability. A sustainable company is the one whose purpose and actions are equally grounded in financial, environmental and social concerns. Unfortunately for most business the road to sustainability is not an easy one, but do not worry, we are here to help. Here are some ways to make your business more sustainable.

  • Designate a Goal

Having a specific set of goals will help your company move forward to sustainability faster and efficiently. The goals will vary based on the industry, however, there are few business model innovations that most companies can reasonably adopt. These innovations include transitioning your business from physical to virtual operations, product financing and supporting local producers to supply your business.

  • Embrace Changes

In this advancing technological environment, change is vital for businesses. When you change and act fast, you can be the biggest, boldest and brightest, but if you remain still and don’t change and adapt to the situation, then you are close to extinction.

  • Allocate Resources

Just as with any company goal, increasing your company’s sustainability will require both time and money. While you may have one person working towards completing surveys, it is not this person’s sole responsibility to ensure this process goes smoothly, but also of the other members of your team. This is important because the process requires a lot of information which is not possible for one person to handle.

  • Focus on Reinvention

When you are a part of the company, then it is all about constantly re-inventing what you do. It is all about reimaging how you do it and at the same time retaining a core belief system as you would want your employees, clients and your partners to work with you and for you.

These are some of the ways that will help you make your business more sustainable.