[adning id=”12070″]

[adning id=”12070″]

Guide to starting a business: for the new wave of young entrepreneurs

New research from the Commonwealth Bank reveals a significant rise in new businesses, with young entrepreneurs dominating the figures.

The bank recorded a 10.4 per cent jump in new business transaction accounts in the last financial year, with almost two-thirds initiated by Millennials and Generation Z.

New business owners are looking for extra income (51 per cent of owners), but they are also looking for new opportunities that give them more control, freedom and independence over their career (23 per cent), CBA said.

Starting a business can seem like an intimidating project, but there are a number of resources available to help guide prospective entrepreneurs and streamline the process of setting up a business.

The Small Business Commission has put together a collection of important information, support and materials to help get your venture off the ground. See our guide to the Basics of Starting a Business.

Facebook
Twitter
LinkedIn
Email
Print

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE FREE
SME NEWS BRIEFS

Get breaking news delivered
This field is for validation purposes and should be left unchanged.

RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?