Startup Information

Cotchy Checklist for Starting a New Business. Cotchy Bookkeeping and Accounting

Checklist for Starting a Business in Australia

All businesses start with a skill, idea or opportunity. But you’ll need more than this to make your business successful. Planning, skills, people, time – and luck – are all important. The Cotchy startup checklist is a fantastic starting point for your business. Tick them off one at a time and make sure you are fully ready before launching into your new business.      

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5 Things your business needs. Cotchy Bookkeeping and Accounting

5 Key Things Your Startup Business Needs!

What are the five key things you need to have setup correctly in your business?
In your Startup business there are five key things that you are going to need to run really well and have under control. Those five things are finances, innovation, operations, marketing, and human resources. They are the key to every single business, especially a startup that is going to grow!

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ESOP Employee Share Option Plan. Cotchy Bookkeeping and Accounting

What is an Employee Share Option Plan, and why bother?

What is an Employer Share Option Plan, and why bother? An Employee Share Option Plan (ESOP) is a method of granting equity in a business to an employee over a period of time.  It really is as simple as it sounds – the employee receives options (or rights) to be granted real shares in the business, as long as they comply with the rules of the ESOP (Plan Rules).

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