In this lesson, we kick off Module 2: Practical Business Set-Up by guiding you through two key early decisions: choosing the proper business structure and naming your business.
We explore the four main business structures (sole trader, partnership, company, and trust), explaining the pros and cons of each and how they might suit your stage of business. You’ll hear how we navigated these decisions ourselves and learn how your structure can evolve as your business grows.
We’ll also help you start brainstorming your business name—something clear, simple, and meaningful that reflects your core purpose. You’ll be guided through reflection activities and shown how to check business name and domain availability, as well as where to register your name safely (without being overcharged!).
By the end of this lesson, you’ll have a solid understanding of your options and be ready to move forward with clarity and confidence.