What advice is there for funding a small business startup in Australia?

The best advice for funding a small startup business in Australia may be to not limit oneself to traditional funding options, such as commercial lending. The bank loans and private investors are not the only source of funding for startup costs. Government loans and grants are available stately and may be a solution you can use. There are different types for different business needs, such as some for renovations, machinery purchase, advertising, and more.
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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.
The first step for new start ups hoping to qualify for small business grants is going to be locating the grants that best suit their …Read Full Answer
Depending upon the Australia government small business funding program you are going to apply for, it is possible that your personal line of credit’s status …Read Full Answer
The great thing about receiving a grant is that it is free. You are under no obligation to pay the money back if you are …Read Full Answer
Loans are perhaps the most common method of using external finance sources to fund a startup business in Australia. However, they are not the most …Read Full Answer
If you are planning on starting a business in Australia, now is the time to get started. There are a number of steps to starting …Read Full Answer
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