
Starting a new tourism business is a big commitment and often requires a lot of support and involvement from your family and close friends. Business ownership in the long term can offer fantastic returns, both financially and personally, if it is well planned and well managed, though it does involve investing a great deal of time and quite often some of your own money to get started.
Before starting a business it is important to plan. Planning involves research, thinking through your business idea, making sure it is going to have a good chance of success, and working out what you will need to do to make sure you are ready to go into business.
Once you have worked out what you need to do and how much it is going to cost to get started, you can investigate what your finance options are. Check out our funding information to find out details of loans, grants and subsidies that are available to help you.
You may find that you would like some help with your planning and with the other business related aspects of starting up your tourism business. There are a number of options for assistance which include people who are able to give you advice, and programs which offer the services of a business mentor. Many of these programs are free of charge to help you get the best start possible.
Once you have worked out what you are going to do, how you are going to fund it, and who is going to help you, you may discover there are specific skills you will need run your business. Training options can include one day workshops, short courses, correspondence courses or university degrees to name just a few. Many training options do not require any previous knowledge or skills, and many offer subsidies or flexible payment options.
www.qualitytourism.com.au is an Australian Government funded portal which offers links though to a number of websites with information and advice on starting a new business
The Northern Territory Government has published a step-by-step guide to assist indigenous business people to understand the small business environment and realise the total dedication and commitment required to start a business.
Starting a corporation
The Office of the Registrar of Indigenous Corporations can help Aboriginal and Torres Strait Islander people set up as new corporations for business or non-profit purposes. They also offer support and training in corporate governance.
There are programs offered by each of the States, to assist you in planning and setting up a small business, click on the map below to visit the website for your State:
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