Essay on NOT MY WORK

Submitted By Chargeroperated
Words: 1767
Pages: 8

BUSINESS FEASIBILITY STUDY

Name:

Address:

Phone: Mobile:

Email:

Proposed business:

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.

On completion this document is accorded “Commercial In Confidence” status.

ELIGIBILITY CHECKLIST
Please tick:
I am registered as unemployed with Centrelink…………………………………………………. 
I am 18 years or older……………………………………………………………………………… 
I am able to participate in full time training and work full-time in my proposed business… 
I am receiving a qualifying income support payment ………………………………........... 
I am not an undischarged bankrupt ……………………………………………………………… 
I agree to hold and maintain a controlling interest in business during the terms of my NEIS participant Agreement…………………………………………………………………… 
I have not received NEIS assistance in the previous 2 years …………………………………. 
I have not received NEIS Assistance previously for a similar business activity …………….. 
My business:
Has never operated on a commercial basis ……………………………………………………….. 
Is independent, lawful and reputable …………………………………………………................ 
Does not involve the purchase or take-over of an existing business ………………………… 
Will not compete directly with existing businesses unless it can be demonstrated that there is an unsatisfied demand for the product/service or the product/service is to be provided in a new way ……………………………………………………………………. 
Will be established and operated solely in Australia ………………………………….............. 
Signed: __________________________________________ Date: _______________

YOUR BUSINESS IDEA

The following questions are designed to assist you in the development of your business idea, your vision for the future of the business and to detail the expertise that you bring to your new business venture.
What are your reasons for wanting to start your own small 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?

YOUR BUSINESS IDEA cont.

List all the products and/ or services that you plan to provide at the commencement of the business.

List all the products and/ or services that you plan to provide in the future.

Who will operate the business?

Who else will be employed by the business immediately?

Who else will be employed by the business in the future?

FINANCES

CAPITAL REQUIREMENTS

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.

Already Own Approximate value

Total $

Need to acquire Approximate value…