You must submit a business plan outlining your intentions to establish and
operate your business in Australia. The plan should detail your proposed business activities and
explain how they will contribute to the economic growth of Victoria, Australia.
We guide, assist, and deliver quality services to our clients in
preparing
comprehensive business plans.
Industry/Sector: Identify and
clearly define the industry or sector where the business will be active, such as
technology, retail, manufacturing, hospitality, or healthcare.
Business Description: Offer a
detailed overview of the business, mentioning its official registered legal name and any
trading or brand names it will use publicly.
Business Ownership: Describe the
ownership structure of the business, specifying whether it is a sole proprietorship,
partnership, corporation, franchise, private limited company, or acquired entity.
Location: State the exact city or
town where the business will be established and operated.
Market Analysis: Conduct and
present an analysis of the market environment including customer demographics, market
trends, opportunities, and challenges.
Target Market, Suppliers,
Competitors: Define the specific customer groups the business will target,
key suppliers or vendors involved, and the main competitors within the sector or
region.
Products/Services: List and
describe the main products and/or services the business plans to provide to its
customers.
Distribution Channels: Explain the
methods and pathways through which the business will deliver its products or services to
customers, such as online sales, retail outlets, distributors, or direct sales.
Business Hours: Outline the working
hours and days during which the business will be open and operational.
Regulations/Licenses: Identify all
legal requirements, permits, licenses, or certifications necessary to legally operate
the business in the chosen location.
Job Creation: Provide a forecast of
the number of local jobs the business will create, supporting employment for Australian
citizens or permanent residents.
Research Support: Demonstrate
comprehensive research covering economic, market, and cultural factors relevant to the
proposed business, showing a well-informed and realistic approach.
Establishment Steps & Timeline:
Present a clear plan with key steps, milestones, and a timeline for setting up the
business to ensure smooth and successful implementation after arrival.
Economic Benefits: Describe how the
business will contribute economically, including job creation, export potential,
technology transfer, revenue generation, and community development.
Investment Details: Detail the
total amount of capital to be invested, explaining the allocation of funds towards
assets, operations, marketing, staffing, and other start-up expenses. Include a cash
flow projection for the first year.
Commercial Challenges: Show
awareness of potential commercial risks and challenges the business might face, and
describe strategies to address these while operating in Victoria.