FAQ’s Top 10 FAQs
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Top 10 FAQs
Q: Is there a Grant to start a business?
A: There is very little assistance by way of cash grants or loans to help a new business to start. Usually this kind of funding has to be obtained via banks and other conventional lending institutions or through private means or investors. read more
Q: What kind of business should I start?
A: This is not a decision that anyone can make for you. If you want to start a business but don’t have any idea of what kind of business to start you can visit the Business Information & Licence Centre, 553 Hay Street, (Cnr Pier), Perth to do some research in the reference area. read more
Q: Does it take a lot of money to start a business?
A: Not always, some businesses can start with just a good idea and be built up slowly, or you can infect other people, family, friends, or lending institutions with your enthusiasm and put together a really good business plan to obtain a loan. However, it is wise to plan well ahead and start a special savings account to prove to a lender that you are serious and can be disciplined about handling your finances.
Q: Who can start a business?
A: Anyone can start a business, and age is no barrier. But not everyone can make it successful. read more
Q: How do I know what to charge for my goods or services ?
A: The Small Business Development Corporation runs a 2 hr “Costing & Pricing” workshop which will teach you everything you need to know about setting your pricing structure and understanding your break even figures.
Q: Where can I find definitions of business terms?
A: A comprehensive glossary can be found on SBDC's website.
