Thanks Terry,
I actually had an ABN about two years ago for a consultancy I had but I have not renewed this whilst I was salary employed – more is the pity. I have already considered registering an ABN again , so thanks for that tip.
I suppose the alternative is to pick up work again and keep at this until I have some cred under under the new…[Read more]

Thanks Jay,
I think im taking the 11 sec rule to literally. Basically I am calculating actual expenses v income and not factoring in depreciation , capital gain etc etc .

Thanks for all the input. Ive cooled off a bit on it now – spoke to the bank the other day and they are leaning towards a commercial loan … Ill keep my eye on it , but realistically I am still young at this and I dont want o put all my eggs in one basket – plus Im scratching to make the deposit which would freeze me up for a while ..Again ,…[Read more]