Home Business Start Up Think Accessing
Government Business Support is Like ‘Dealing With the Devil’
Government 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.
|
No
Cost
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.
|
|
Low Cost
This
book features a very interesting Government Report
that explodes the myth on home business start
ups.
|
|