The development and implementation of a viable business plan is an important element of the Self‑Employment Assistance program.
You can develop your Business Plan in various ways.
- Participants can have individual business plan mentoring with the us through a single 3 hour business planning session or over a number of smaller sessions in total of 3 hours.
- Participants can enrol in Small Business Training(Cert III in New Business and Entrepreneurship or Skills Set) to start developing their Business Plan during their training.
- Participants may develop a Business Plan on their own and seek assistance from a us to ensure it is a viable plan.
Small Business Training
We support eligible Participants for up to 12 months to start and/or operate a commercially viable business through the provision of Small Business Training.
Under Small Business Training, Participants will receive BENEFITS:
- Fully government funded training
- Develop a business plan for your business
- Develop a financial plan for your business
- Develop a marketing plan for your business
- You will receive a Nationally Accredited Certificate III Qualification(BSB30220 Cert III in Entrepreneurship and New Business)
Skill Sets
Participants can enroll in one of the following Skill Sets:
- BSBSS00102 – Micro Business Skill Set
- BSBESB301 Investigate business opportunities
- BSBESB401 Research and develop business plans
BSBSS00103 – New Business Ventures:
- BSBESB301 Investigate business opportunities
- BSBESB302 Develop and present business proposals
- BSBESB303 Organise finances for new business ventures
BSBSS00104 – Small Business Management
- BSBESB403 Plan finances for new business ventures
- BSBESB405 Manage compliance for small businesses
- BSBESB407 Manage finances for new business ventures
Small Business Coaching
We support eligible Participants for up to 12 months to start and/or operate a commercially viable business through the provision of Small Business Coaching.
Under Small Business Coaching, Participants will receive these BENEFITS:
- Earn unlimited Business income
- Access up to $300 for eligible business costs, such as business insurance/registration
- Access Self-Employment Allowance Payments for up to 39 weeks
- Access Self-Employment Rental Assistance Payments for up to 26 weeks (if eligible)
- Access free Business Mentoring sessions at least every 2 months over the course of their Small Business Coaching Agreement
Business Mentoring and Support
Businessplex is responsible for ensuring each participant accessing Small Business Coaching receives at least one Business Mentoring contact every 2 months. This includes one within 28 days of the participant commencing a Small Business Coaching Agreement within 1 month.
Over the course of a 12‑month Small Business Coaching Agreement, we deliver no less than 6 Business Mentoring Sessions. The first Business Mentoring contact is delivered in person at the participant’s business premises, except where:
- The business is home-based or mobile, in which case the provider may agree with the participant to hold face-to-face meetings at a suitable and safe alternative location
All subsequent Business Mentoring sessions may be face-to-face, either in person, via video conferencing or over the phone.
Business Mentoring is delivered by our mentors who have proven business experience (either from running their own small business or from supporting small businesses), a clear understanding of small business skills and management practices, and the ability to communicate effectively with participants.
In addition to Business Mentoring, we initiate contact with participants monthly, at a minimum, to ensure participants are supported with any issues they have while running their business. For example, this may include a phone call from the participant’s dedicated mentor, or an invitation to participate in a small business-related seminar or workshop.
Support for Business Costs
The Small Business Coaching includes a notional component of $300 enabling Businessplex to pay each participant up to $300 for eligible business costs such as business insurance/registration.
Businessplex has the discretion to determine whether to pay for a participant’s business cost and will be responsible for determining the appropriateness of a given purchase, as set out in the relevant guidelines.
