When you own and run an established small business, you don't have to work it out all on your own, especially when things get tough.
Along with the bank and/or a financial adviser who can help you with your finances, there are a number of grants and additional financial options out there if you know where to look and how to apply.
Try searching for activities you're looking to achieve with your business, such as research and development, trade, innovation or employment. You may also find assistance in the form of low-interest loans, tax and tariff concessions plus much more.
We've detailed some of the grant options for small business owners below.
Grants and assistance for exporters
If you're selling or promoting your products overseas, financial assistance packages are available.
These include the Tradex Scheme, refund for marketing expenses, or event support for women at an international level.
There is also financial support for exporters in your state or territory.
Grants and assistance for importers
You can also find whether concessions are available for goods that you import. These may allow you to import goods for free, at a reduced rate or on a deferred duty payment.
Environmental grants and awards
Making your business more environmentally friendly is not only good for business but can make your business stand out from the competition. There are awards provided across federal, state, territory and local government levels.
For example, Australian businesses that comply with the National Carbon Offset Standard can use the logo to market their products. There are also sustainability and land care awards in most states or territories.
Assistance in an emergency
When a natural disaster strikes, government assistance is available to help businesses get back on their feet. The level of assistance available may vary depending on how severe each disaster is and your location.
You can read about the options for natural disaster and emergency assistance via this link.
What else can I do?
There are many free or low-cost resources available to advise and guide you on a range of business matters. Whether you're just starting out or want to expand your business, it's always a good idea to extend your business support network.
Business advice
AusIndustry has a national network of regional managers providing advice and assistance to businesses across regional Australia. Regional managers link businesses to relevant assistance programs and work with experts providing advice tailored to the profile and needs of your business.
Mentoring
A mentor is someone with extensive business experience and knowledge who can advise and guide you on a range of business matters. Mentoring can happen in person or in a group environment.
Business events
Small business workshops and seminars run regularly in most areas of Australia. They deal with issues such as planning, marketing, financial management, innovation, employing staff and exporting.
You may also find it useful to attend networking events to help expand your business. By engaging in networks, you can keep up to date on industry and local information, promote your business and learn key skills from other businesses.