Start a Business

Do you want to start your own business and are unsure where to begin? Flexible planning and strategic thinking is the key to turning your dreams into reality.

Before you leap in though, you need to consider three important aspects: Will the business satisfy your needs? Do you have enough skills to run the business? Do you have a sound business proposition? Experience suggests you are more likely to succeed if there is a good match between your business venture and your skills, interests and motivations.

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Start a Business

So you have a great idea but are unsure of the steps in starting a business with the best chance of success? Our Team would encourage you to attend one of our Start Your Own Business Workshops which are held monthly at The Business Centre in Newcastle as well as in Lake Macquarie, Maitland, Dungog, Port Stephens, Gloucester, Singleton and Great Lakes. You will be lead through the essential start up basics in an encouraging and supportive environment in this 2.5 hour workshop by our professional and diverse small business advisor team.

Start Your Own Business Information Session:

What will I learn?
  • Legal and Compliance – Business Structures, Tax, A.B.N's, Registering a Business Name, Licences required, Risk Management and Insurance
  • Planning for your Business – Business Model Canvas, Business Planning
  • Financial Viability – Finance Options, Start Up Costs, Financial Planning, Record Keeping, Support Systems
  • Modern Sales and Marketing – Research Your Market, What is a Brand, Planning your activity, Online Options, and What Is Selling
  • Tips for success from the experts
What tools for success will I get?
  • Feasibility checklist on your business idea
  • Start Your Own Business Checklist
  • Business Model Canvas Template
  • Business Plan Template
  • Marketing Plan template
  • Online Business Plan

You will leave the information session with the knowledge that a pathway is available with The Business Centre to support you on the start-up journey.

Register for this workshop today.

If you are unsure whether you are starting a business or have a hobby read our blog article, with information from the ATO. Remember, the more preparation you do before starting your business, the better chance you have of achieving business and personal success. This means a plan to fly in a certain direction without restricting opportunities. Below is our suggestion of the best pathway forward, and feel free to review the Tips Tools and Templates part of our website, which offers a range of helpful items.

Start Up Pathway

  • Start Your Own Business Information Session. The seminar will provide you with an overview of they key areas of your responsibility in starting your own business.  

  • One on one appointment with a Business Advisor. The first appointment with your business advisor offers answers to any new questions you may have and to create an action plan to help you take the next steps.  No charge to you.

  • Expand your knowledge Workshops.  Immerse yourself in learning about your new passion.  Attend "Business Planning Fast" to explore the essential components of business planning and ensure you have all the tools you need using the dynamic one page business model plan. "Get Marketing", provides a practical approach to marketing for small business - where time and money are often in short supply. In "Get Started - Online + Social" we explore different online marketing and brand awareness options so you can make informed decisions about what you need to be successfully engaged with, bought from, loved and found online.  Visit our Workshops and Events page for more information where you will find the full range of options including the small business finance workshop, "Do Your Own Books".

  • Business Connect  Program.  As part of the fully subsidised program, business advisors will take you, the small business operator through an online start up diagnostic tool to analyse your situation in an easy, efficient way. The advisor will then help you develop a simple action plan which identifies the next steps for achieving your goals.

Tips For Start Up Success

  • Learn as much as you can about your proposed business. Ask questions. Join industry associations. Is there a need for the product or service you are going to offer? Accept the fact that starting a business always takes more money and time than you anticipate.

  • Study successful competitors carefully. Do a comprehensive competitor analysis.

  • Consider why you really want to go into business. This will be what drives you to achieve success. Are your expectations realistic?  If you put the integrity of the idea, service, quality, and customer satisfaction first - the rewards will follow.

  • Be willing to work harder and longer than you have ever worked before. Forget about the eight hour day and the forty hour week.

  • Keep complete and accurate records for tax purposes, for your banking needs, and most importantly, for your own guidance.

  • Ensure you have the right people for the right job.  Find a business advisor, lawyer, accountant, banker, and insurance agent and confer with them as needed. Now is the time to develop these relationships.

  • Run it yourself. Beware of absentee ownership. No one will look after your money, your property and your business like you will.

  • Consider joining a networking group - find the right fit for you. Join up free of charge to The Networker - they will share what networking events are coming up throughout Newcastle and the Hunter each month.

Where to next?  

Contact our Team to book in to our Start Your Own Business workshop or to make an appointment with a Business Advisor. Visit our Tips, Tools and Templates page for business plan templates and apps as well as other helpful items.

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Phone: 02 4925 7700

Fax: 02 4925 2570

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Testimonials
"I'm so very grateful for the Mentoring I received from Brooke through the NEIS program!" -- Roz Ewart
"I love working with Brooke, I always leave the mentoring appointments feeling energised and ready for business" -- Antonia Gore
"The NEIS program – training and mentoring – really helped me with by confidence in business" -- Mandy-Lee Cluff
"Mentoring through The Business Centre helped me set realistic targets and strategies to grow my business" -- Peter Brown
"Mikes mentoring has guided our business from imminent collapse to a position of renewed survival with stronger market share and increased profitability" -- Lesley Lalor
"The service was beyond expectations, professional and informative." -- Ray Bylart – Connect
"Without the continuous assistance I would never of been able to start and grow my business." -- Alida de Laubadere –
"Not only did I learn a great deal I also was very engaged and entertained by the Advisers professional and experienced style of training." -- Phil Byrnes - Exce
"I learned so much in the one on one Advisory sessions and this was backed up with the availability of workshops and networking opportunities." -- Block Sign – Fonehub