Starting Up!
Starting your own business may seem like an attractive idea.
The chance to be your own boss, carve your own pathway, make your own decisions.There's so much more to starting a business than a good idea and blind ambition.
Fortunately there's plenty of information, support and advice to help in getting your business idea off the ground and increasing the chance of success.
Should you start a business?
Before you give up your job, invest all your money and tell the world that you're about to go it alone, it's a good idea to conduct a feasibility study to ensure that you've covered the basics:
- Establish whether there is a sustainable market for your product or service
- Ensure you can afford to get started
- Work out how long will it be before you begin to make money
- Identify potential risks and some ways to mitigate them
- The likelihood that your business can survive over the long term
- Reveal whether you are ready for business and whether your venture is the right business for you.
Useful tools for starting up:
Are you ready checklist - a quick questionnaire which will help you to assess your suitability to start and run a small business. Download it now!
Starting a business guide - developed by New Zealand Trade and Enterprise, this guide will objectively assess your business idea. Download it now!
Enterprise Allowance - if you or your spouse receive government assistance, you may be able to apply for an allowance from Work and Income New Zealand (WINZ) to help you while you get your business off the ground. Find out more!
Planning for success - one of the most cited reasons for business failures is the lack of proper planning. This guide from New Zealand Trade and Enterprise will guide you systematically through the planning process to ensure that yours isn't one of them. Download it now!
Business Structures
Sole Trader, partnerships, limited liability companies, registering trademarks and company names... There are many options when setting up a business - our business structures document will guide you through them. Download it now!
Business Start Up Pack
Vision Manawatu have free business start up packs from Biz information. If you are interested in receiving a business start up pack please send us an email with your name, contact details, postal address, and what type of business you are interested in starting.
Start Up queries
If you have any queries about setting up, growing your managing your business please contact one of our friendly business advisors on 06 350 1830 or send us an email!
