Licence/regulatory information
- When establishing a new business it is important to carefully consider how you want to begin. For instance,
- will you start from scratch or buy an existing business?
- How will you structure your business – company, partnership, sole trader or a trust?
- Will you employ staff and, if so, how many?
- Will you work from home or lease premises?
- What council area will your business be located in?
Your premises – to lease or not to lease?
If you buy an existing business you may choose to buy or lease the building from which the business operates. There are no licensing requirements for buying or leasing premises. However, you should consider the following:
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