Home Business Startup
 

Home Business Start Up Think Accessing Government Business Support is Like ‘Dealing With the Devil’

Home Business Start Up | Government Business SupportGovernment business support to enterprises is wide-ranging, with two principal themes: small and medium-sized enterprises, and research and development. Government support is also important to many arts organizations and many artists and home business start up operators think that government owes support to them. Government support is always nice when you can get it, be it in business or in the arts, but whatever is forthcoming is a bonus and should not be thought of as a ‘right’.

Government business support is often associated with increased business spending on innovation and the results they achieve. However, asking for Government business support is like making an unnecessary ‘deal with the devil’; though it can be an important source of funds for further research and development for small and medium enterprises.
 

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You need to know what you have applied for, what you received and how good it was. This assists you when making future applications e.g. do not attempt to approach the same department again for the same support.

Home business start up operators access your
FREE template on Government Support



Lack of government support is an advantage for Peruvian film makers. The paradox is the fact that the very lack of cultural infrastructure and government support is what makes it appealing to make a film in Peru. Perhaps home business start up operators could learn from this approach.

Government business support is one of the most important forces fuelling biotech development. Sustained government support has boosted the South Korean biotechnology industry. Among the 12 Asia Pacific markets surveyed, Singapore is the country that believes the level of Government business support is least lacking, giving the thumbs up to the government and its programmes to help SME's endure the current global recession.
 
In Australia, Government business support is usually in the form of information. It is provided via web sites and seminars. Some of it is indeed useful, but it is often presented by people who do not have a good understanding of the Home Business Start Up sector.

Case Study on Government Support for
Home Business Start Up

There have been a number of mentoring programs set up (especially for women). These cost the participant but they are subsidised by Government. The NEIS Program in Australia allows for those who are unemployed to retain their social security benefits for 12 months while they undergo a 6-8 week course on developing a business plan, then they actually run their business for the remainder of the time. There have been some very successful businesses set up via this program.

 

Tip for Home Business Start Up When Receiving Government Business Support

Don’t think that the Government is going to give you any money to start up and run a business. When they do give you money for such things as Export or Research and Development, they usually offer x$ for the y$ you spend first e.g. if you spend $30,000 on Export you may receive $15,000 from Government Support.

 

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Home Business Start Up | Government Business Support

 

 

This book features a very interesting Government Report that explodes the myth on home business start ups.



 

 

 

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