05/08/2026
3 things to set up in your first month of running a registered business.
1. A dedicated business bank account.
Mixing personal and business spending from day one makes everything harder to untangle later, including your own understanding of whether the business is profitable.
2. A simple bookkeeping system, even a basic one. It does not need to be complex on day one. It needs to exist.
Waiting until "things get bigger" almost always means starting from a bigger mess.
3. A clear filing calendar. Know what needs to be filed, and when, from the very beginning. Compliance is far easier to maintain than to recover.
None of these require a large budget. They require starting early.