Kochie's Guide to Starting Your Own Business

Can a mentor add value to your business? Finance journalist and business owner David ‘Kochie’ Koch explains the business benefits of looking after your own personal development and shares his tips for finding the right mentor and getting the most out of their time.

All businesses have to pay tax, but how much tax depends on your business size and structure. Finance journalist and business owner David ‘Kochie’ Koch takes you through your tax obligations from GST requirements, to ensuring a stress-free tax return and tips on how to pay just the right amount of tax and no more.

Your customers are online, so your business should be too. Finance journalist and business owner David ‘Kochie’ Koch guides you through the unique marketing functions of each digital marketing channel and converting website visitors and social media followers into loyal customers.

How will you get potential customers to notice your business? Finance journalist and business owner David ‘Kochie’ Koch helps you develop a marketing plan. He guides you through analysing the market, identifying the right marketing channels and connecting with your audience, in order to attract the right type of customers to your business.

You choose your hourly rate as a business owner, so how do you calculate the value of your time? Finance journalist and business owner David ‘Kochie’ Koch gets realistic about what you can expect to earn a year and how to price your product based on that. He also breaks down the value of offering customers discounts and how to keep your production costs low.

Time is money in business, and a detailed product development plan can save you both. Finance journalist and business owner David ‘Kochie’ Koch guides you through the stages of product development; from understanding what’s important to your customer, to building and testing your prototypes, to deciding when your product is ready to launch.

Sole trader, partnership, company or discretionary trust, which one of these business structures will suit your business? Finance journalist and business owner David ‘Kochie’ Koch outlines the advantages and disadvantages of each structure.

Finance journalist and business owner David ‘Kochie’ Koch helps you flesh out your business plan. This where you describe, in detail, what your business is going to be, who your customers are and where you’ll find them, what your competition is and how you’ll cope with growth.

Are you ready to become your own boss? Finance journalist and business owner David ‘Kochie’ Koch busts the myths surrounding the life on an entrepreneur and takes you through his quiz to determine whether or not you have what it takes to start your own business.

Success is not final, failure is not fatal, it’s the courage to continue that counts – Winston Churchill. Finance journalist and business owner David ‘Kochie’ Koch tells you the fatal traps most start-ups fall into, how you can avoid these traps with his 9 step checklist and why you need to start embracing failure if you want to be a successful entrepreneur.

From developing a business plan, to building your product or service, to choosing your corporate structure and learning how to effectively market to customers. Finance journalist and business owner David ‘Kochie’ Koch takes you through all the steps you need to take to give your business the best chance at success. Coming this September to PodcastOne Australia