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Sole Trader in NZ Explained for 2024. How to Start a Business in New Zealand.

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The Sole Trader in NZ explained and updated for 2024. How to Start a Business in New Zealand. By far the easiest business entity to start in New Zealand is the Sole Trader. So what is it, how does it work and what do you need to know?
Starting a sole trader business in New Zealand is often considered the simplest and most accessible way to enter the world of business. Sole traders are individuals who start a business on their own, without the need to register as a separate company. This structure is popular among small business owners, freelancers, contractors, and self-employed professionals due to its affordability and ease of establishment.
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These videos are general in nature and not intended to be a substitute for detailed and specific advice. It is important that you get the right professional advice and I strongly suggest you talk to legal or accounting professionals to help you structure for tax, budgeting, interpret contracts and leases and all the other specific details of your own situation. They will help you to make sound decisions in the best interest of you and your business
Keep in touch:
LinkedIn: / peternola
Instagram: / peternolabusinessbroker
Website: www.businesses...
#howtostartabusiness #howtosellabusiness #howtobuyabusiness

Опубликовано:

6 сен 2024

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Комментарии : 21

@PeterNola 6 месяцев назад

You also might like to watch: Sole Trader Q&A. Your Questions Answered: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SXDPqa8Nhks.html

@kerk7102 10 месяцев назад

Thanks for the video, Peter

@PeterNola 10 месяцев назад

You are welcome.

@FahadKhan-ni1qw 7 месяцев назад

very good explanation appritiated

@PeterNola 7 месяцев назад

Thank you.

@jessicasampson933 Месяц назад

Hi, do you know how I can register a business name as a sole trader? e.g. starting a home-made candle business but I want to name it something other than my name e.g. Sweet Senses (not the real name but an example). How can I register the name so that I can make sure no-one else uses it? I keep finding registering company name only.

@PeterNola Месяц назад

You could try this website: www.business.govt.nz/onecheck. I do talk a little about it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-P6KDee1cr6Q.html, or you can TradeMark the name. I suggest a chat with a commercial lawyer to be sure which is the right option for you.

@ydm5856 4 месяца назад

Hi Peter, amazing video! Well spoken and very detailed. Just wondering, do you have an accountant you would recommend to have a discuss pre-starting my own business? Thank you

@PeterNola 4 месяца назад

Hi, Thanks for the compliments. Yes, I do have some recommendations. Drop me a message and I'll forward some contacts for you to talk with.

@greylynnjr 10 месяцев назад

Sweet

@PeterNola 10 месяцев назад

Cheers.

@colorbyaj 2 месяца назад

Hi Peter, im starting a side hustle as a resin jewellry maker and selling on my website. I brought some resin and equipment from Dec23 and want to claim for it in the 2023-2024 return. I have made no sales/profit yet( still creating product) i have all receipts but not sure if im filing in IRD form correctly am I filing in an amendment to my personal return or do i need to fill in a business return or something. if you have done a video on this which one please. thanks

@PeterNola 2 месяца назад

I do not have the required financial advisors and/or tax accreditation that would allow me give you specific tax advice here in NZ. This is something you will need to talk to an accountant about. I am sorry that I cant help. Thanks for watching.