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08bxkz9g69s41 PDF
08bxkz9g69s41 PDF
Name:
Address:
Phone: Mobile:
NEIS Program
Small Business Centre
Email:
CBD Campus:
Building 37, Room 308
411 Swanston Street
Proposed business: Melbourne 3000
Telephone: (03) 9925 2933
Facsimile: (03) 9925 2707
Planning is essential in the establishment of a new business. This guide will help you to start planning your business.
If you are proposing to apply for NEIS the information recorded in this guide will form the basis of the assessment of your
readiness to enter the NEIS program.
For best results take sufficient time to find out the information needed to complete the guide. Do not just make it up or write
what you think other people want to hear.
Throughout this guide there are prompts on the type of background information required to support the development of your
business idea. We encourage you to explore all possible avenues to gather information relevant to your business area.
Attach any additional information you think may be useful.
This document is a planning guide only, it is designed to assist you to start the process of developing your business idea.
ELIGIBILITY CHECKLIST.
To participate in NEIS you must: Be 18 years or older.
Be registered as unemployed with Centrelink
Be receiving a qualifying income support payment
Not be an undischarged bankrupt
Not have received NEIS assistance in the previous 2 years.
Your business must: Have never operated commercially before
Be independent, lawful and reputable
Not duplicate an existing business unless an unsatisfied demand for your product or
service can be shown
Not involve the purchase or take-over of an existing business.
What are your objectives for your business over the next twelve months?
What are your objectives for your business over the following two years?
List all the products and/ or services that you plan to provide in the future.
This section will help you to calculate the amount of money you need to get your business underway.
It also looks at your ability to gain finances and whom you will approach if finance is necessary.
List all the equipment that you will need for the business, eg: Plant and equipment, fittings, tools,
office furniture, computer equipment.
Total $_________________
Total $_____________________
Business Name $
Registration
Insurance $
Initial Stock $
Lease/Bond $
Telephone - Landline $
- Mobile $
Other $
Other $
TOTAL $
• Personal Income
• Bank Loan
• Building Society
• Family
• Friends
• Other
Pricing
Explain how you calculated the cost of producing your product/service
Turnover
Expected turnover in the 1st year – How did you calculate this?
WHAT EXPENSES WILL YOU INCUR OVER THE FIRST 12 MONTHS OF OPERATION
Complete the following checklists of projected business expenses for the first 12 months of operation of
your business. .
Accounting $
Advertising $
Bank Charges $
Cleaning $
Fuel, Light & Power $
Insurance $
Interest $
Internet Service Provider $
Lease $
Legal $
Motor Vehicle
- Fuel and Oil $
- Registration & Insurance $
- Repairs and Maintenance $
Postage $
Printing $
Protective Clothing $
Purchases
- Equipment $
– Stock $
- Raw materials $
Rent/Bond $
Stationery $
Superannuation $
Telephone - Landline $
- Mobile $
WorkCover $
Other $
TOTAL $
Rent/Mortgage $
Personal loans $
Schooling $
Petrol $
Car running $
Food $
Clothing $
Recreation $
Medical $
Other $
Other $
Other $
Other $
Other $
TOTAL $
List any current mortgages, personal loans, hire purchase, leasing other commitments you hold.
How will you sell your product or service? (eg: from home, production point, door to door, wholesale, retail,
mail order etc.).
Find out if other businesses are providing the same or a similar product or service. To do this, look at ads in the
local paper, check the phone book and talk to people.
If there are other businesses providing your product or service, then you need to establish very clearly that there
is an unsatisfied demand in the marketplace which your business will target.
It is important that you know your competition. Learn from what they do well, identify what you can do better.
Competition does not just come from businesses that are the same or similar to yours, you are competing for the
dollars that people spend in that “market segment”.
Local suppliers
Melbourne
Interstate
A nearby town
Overseas
Do you intend to buy, lease, hire purchase or rent the equipment for your business?
STOCK
When considering which supplier you will obtain your stock from, you need to first find out the reliability of that
supplier, the credit terms they provide, the type and quality of the stock they distribute, the consistency of supply,
what follow up support and technical advice they provide.
ABN/GST Registration
(Provide details or evidence of research undertaken on requirements).
The Business Licensing Information Service & Small Business Victoria can provide information on many
things for Small Business. You also need to check with your local council to make sure you comply with
any regulations they may have.
Insurance requirements
(Provide details of Quote obtained or evidence of investigation undertaken on Requirements).
Please Note:
1. NEIS Business are expected to have insurance coverage appropriate to the Business and the industry.
2. Such insurance should be what a reasonable, informed, person would consider appropriate for the business.
3. Appropriate insurance for the business and industry should be determined during the NEIS training and incorporated in the
prospective participant’s final Business Plan.
What skills do you have now that will allow you to produce your proposed product or provide your service?
What skills do you need to gain to further develop your product or provide your service?