Starting a Sole Trade business
Sole T Mates wants you to build a team around you while you start on your independent business! Follow these steps to confidently create and grow your very own sole trader success story.
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Where?
Establish where the location of your Hair or Beauty business will be - here are some options to consider:
Home Salon in an existing Home
If you’re setting up a home salon within your existing house, start by contacting your local council to check what consents or approvals you might need. It’s a good idea to chat with a design and build professional who can help plan the layout and make sure everything meets the necessary requirements. You’ll also need to get quotes from your builder, plumber, drainlayer, and electrician before any work begins. If you’re planning a new build or a salon in a separate structure, consider options like Cosy Cabins’ Hair Salon units, and make sure all your building and service connections are arranged through qualified professionals.
Freelance
Rent A Chair
Rent A Room
Suite Rental
Mobile Service
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How?
Register your business:
Choose a name: Select a business name:
https://www.tools2.business.govt.nz/onecheck
NZBM: Apply for a New Zealand Business number. Optional, but you will find a lot of suppliers require this number when signing up with them.
IRD: you will need a personal IRD number for tax purposes. You must also inform Inland Revenue that you are operating as a sole trader:
Connect with your accountant:
GST: You must register for Goods and Services Tax (GST) if your turnover is projected to exceed $60,000 per year:
https://www.ird.govt.nz/gst/registering-for-gst
Booking System
Insurance
https://www.rothbury.co.nz/speciality-insurance/hairdressers-and-beauty-salons/
Kiwi Saver
https://www.canopygroup.co.nz/kiwisaver/
Your bank
Finances
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What?
It’s time to think about your logo and brand identity! How do you want your business to look and feel?
Consider your colours, a brandmark, and what your business name represents.
The decision you make with your branding now, will need to work across all forms of marketing, from a website, social media, POS and business cards and more.
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Who?
Professional Product Suppliers:
Hair
https://www.kaosalonpartner.co.nz/salon-nz/en_NZ/NZD/login
https://www.crewdistributors.co.nz/
https://www.keune.co.nz/pages/trade-account-enquiry
Beauty
https://www.gracebeauty.co.nz/professional
Equipment
Fit-out
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