Business Planning
Preparation of a business plan is seen as an integral part of the rehabilitation plan for any client who proposes to enter into self-employment. The process of preparing a business plan enables the client to determine the level of commitment they are prepared and will need to make to the venture to ensure success.
The business plan should include:
- a description of the business, including who will work in the business and where the business will be located;
- an analysis of the market, including the competition;
- a list of the initial outlay costs;
- a cash flow projection which details the monthly financial incomings and outgoings of the business over a 12-month period; and
- a projected profit and loss statement for a 12-month period.
Small Business Support
Mentoring in the early stages of development of a small business can provide valuable support and assistance for those new to the realms of self-employment and small business.
Following are links to state and territory government websites that provide information about small business mentoring services:
ACT - Innovation, Trade and Investment - Start your business
NSW - NSW Small Business
NT - Territory Business Centre
QLD - Department of Employment, Small Business and Training
SA - Department of State Development
TAS - Business Tasmania - Starting a business