New business
Posted: Thu Apr 29, 2021 8:29 pm
Hi all,
I am currently working in childcare in Vic and looking to start/buy a childcare business. I did a little research and found that I need to have Provider approval followed by Service approval.
I was just filling out the form for Provider approval and couldn't decide if I needed to register my company for the form purpose. because this what I want in the future to run a business under the company structure. should I apply for provider approval as a sole trader first? is it possible to change it later on to the company structure? if I register a company now then it costs money to keep it active and I am not sure how long all this process will take to get all the necessary documents before I start looking to buy/start my own business.
I am so confused and need guidance if someone can help.
Thanks
I am currently working in childcare in Vic and looking to start/buy a childcare business. I did a little research and found that I need to have Provider approval followed by Service approval.
I was just filling out the form for Provider approval and couldn't decide if I needed to register my company for the form purpose. because this what I want in the future to run a business under the company structure. should I apply for provider approval as a sole trader first? is it possible to change it later on to the company structure? if I register a company now then it costs money to keep it active and I am not sure how long all this process will take to get all the necessary documents before I start looking to buy/start my own business.
I am so confused and need guidance if someone can help.
Thanks