Are you thinking about bringing your business to Australia? Looking to set up shop Down Under and secure your slice of success in a thriving market?
Australia can be a lucrative location for many overseas organisations. However, there are some challenges and considerations before making the move.
Consider our handy checklist – 10 tips for relocating your business to Australia:
1 Choose the best business structure
The first step is to structure your business correctly. Will you set up as a partnership, a trust, or a company? This is an important question to consider – and so you should take the time to investigate what’s best for your business. For more, see the Australian Government’s guide to setting up a business in Australia.
2 Register a domain name
Most Australian businesses use a website – and other online tools – to promote their products and services. You should check that your preferred domain name isn’t already registered to a local enterprise. Ask your IT partner to perform a check for you, or contact an Australian domain name registry.
3 Find the right business location
Next, you’ll need to find a location for your business premises. Will it be based in a capital city – or several cities – or will regional branches be set up? Beyond that, consider the facilities and infrastructure you’ll need to get up and running swiftly and smoothly, with minimal barriers to business. You might like to hire someone on the ground to do the research, and secure a suitable site that ticks as many boxes as possible. If you’re working with a small team, it can be easier to operate from a serviced office. That way, you can get started quickly and take time to find a more permanent premises in a location that’s more suitable. Just bear in mind that if you’re focused on fast growth, you’ll soon need to move on to your own, larger space.
4 Hire a talented team
Recruiting staff from overseas is certainly a challenge, not to mention hiring the most talented team who can hit the ground running and help you establish your business in Australia. That’s why a local recruitment firm can be a wise investment. They will put the word out based on your requirements – and staff your office with quality, reliable temporary or permanent employees. Bear in mind that Australia has unique workplace laws, so consider consulting with an Australian human resources expert to ensure your hiring and team management is by the book.
5 Consider your IT infrastructure needs
Your IT tools, systems, and devices are critical to your team’s initial and ongoing performance and productivity. And there can be complexity when connecting to the head office in your country of origin. So again, speak to a local expert to pinpoint your IT needs and equip your team with the top tools and technology.
6 Know your network needs
Do you need to set up a local network to get connected? And if so, how secure should that network be? Our article Does my business need a firewall? Is packed with tips and information to help you do this.
7 Decide on an Internet connection
While we’re talking getting connected, consider your Internet connection.
8 Choose a phone system
As well as connecting online, your staff will need a phone system to keep in touch with each other – in the office and remotely – as well as communicate with suppliers and customers. And you’ll need a phone system that can keep up with your business growth.
9 Hire an IT partner
As mentioned above, a local IT partner can be one of the best business investments you make. They’ll set you up with a custom IT solution, and take care of installation, monitoring and even management – so you can stay focused on your business. For the lowdown on how to do this, read our article Choosing an IT partner.
10 Reconsider bringing your own equipment
Bringing equipment and tools to Australia can be costly and complicated. They might be subject to hefty taxes – and get caught up at customs if unprepared. And even though purchase prices tend to be higher in Australia than overseas, it may be logistically cheaper and simpler to procure items locally – not to mention less frustrating when it comes to repairs or returns.
Need a helping hand to protect your business?
Just ask our expert IT team.