You've Got a Biz Name? Now It's Time to Make it Official (and Legal!)
So you've cracked the code, my friend. You've conjured up a business name that's as catchy as a jingle stuck on repeat, and brilliant enough to make those marketing gurus shed a tear (or two). But hold on there, champ, before you start plastering it on every coffee cup and billboard in Melbourne, there's a tiny hurdle to jump. You gotta make it official – legally snazzy and ASIC-approved (ASIC is the cool Australian Securities and Investments Commission, kind of like the hall monitor of business names).
Don't Fret, It's Easier Than Wrangling a Wombat
Now, registering your business name might sound like navigating a legal labyrinth, but fear not! It's actually a breeze, easier than wrangling a grumpy wombat at the zoo (though that would be an impressive feat). Here's how to get your business name from "dreamt up in the shower" to "shining star of the Melbourne business scene":
1. Check if Your Name is a Sparkling Diamond (or Already Taken)
Before you get too attached, it's wise to see if your business name is already nabbed by someone else. Think of it like trying on a killer outfit – you wouldn't want to show up to the event only to find your bestie rocking the same threads! Head to the ASIC website (don't worry, it's not scary) and do a quick name check.
Tip: Every word counts — don’t skip too much.
2. Gear Up for ASIC Glory (and Get an ABN)
ASIC, the guardian of business names, needs a little info from you. You'll probably already have an ABN (Australian Business Number), which is basically your business's tax file number. If not, you can get one while you register your name – two birds, one stone, efficiency at its finest!
3. Apply Online and Bask in the Afterglow of Success
The grand finale! Head back to the ASIC website and fill out the online application. It's pretty straightforward, like filling out a grocery list (hopefully your business sells more exciting things than milk and bread). Pay the fee (it's a small price for branding glory!), hit submit, and then... ta-da! You're officially a registered business in Melbourne.
QuickTip: Stop and think when you learn something new.
Now Get Out There and Conquer the Business World!
With your business name sparkling brighter than a diamond (metaphorically speaking), it's time to unleash your entrepreneurial spirit on Melbourne! Remember, a great name is just the first step, but it's a mighty important one.
How To Register A Business Name In Melbourne |
FAQs for the Aspiring Business Mogul
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How to check if my business name is available?
Do a quick ASIC name check on their website.
How much does it cost to register a business name?
The fee is around $35, but it can vary depending on how you apply.
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How long does it take to register a business name?
If all your ducks are in a row, it can be done in a couple of business days.
Do I need a lawyer to register my business name?
Nope, the ASIC website makes it nice and easy for DIY registration.
Can I register a business name if I'm not based in Australia?
You can, but there might be some extra hoops to jump through. Check the ASIC website for details.
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