Considering Starting Your Own Thing?

Are you looking for information related to considering self-employment? And you might be an owner of an existing micro-businesses that are at risk of not being commercially viable?

Did you know that you would access free help and support to take your idea or business to the next level?

Entrepreneurship Facilitators work alongside Startups and Side Hustles, those who are Self Employed and Sub Contractors, Small Businesses, Scale-ups and Standouts.

Self-employment options including side hustles, small businesses and startups are increasingly part of the job mix for Australians employment and career aspirations. In fact, many Australian Entrepreneurs Alliance (AEA) members, who deliver the Entrepreneurship Facilitator Service, have seen growth in clients with significant demand for services and practical support over 2019-2022.

Self-employed, total (% of total employment) (modeled ILO estimate) in Australia was reported at 16.32 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Self-employed; total (% of total employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on April of 2022. (Australia - Self-employed; Total (% Of Total Employed), 2022)

How can Entrepreneurship Facilitators help?

With local intelligence, on the ground networks and insights on where self-employment opportunities are and which employers and industry sectors are growing, Entrepreneurship Facilitators play a very practical role, tapping into a diversity of representatives from key stakeholder groups within each region and entrepreneurial ecosystems. These stakeholders include State Government, Local Government, employers, the training sector, employment services providers, entrepreneurship and innovation leaders, supporting local economic development and new startups.

Entrepreneurship Facilitators are across 23 locations, provide a range of free services, including, but not limited to:

  • Promoting and encouraging entrepreneurship among all individuals by providing information and advice about entrepreneurship and starting and running a business to clients, community organisations and other relevant stakeholders.

  • Providing tailored mentoring and assistance to individuals. This includes facilitating interactive engagements to provide information and advice (such as workshops and networking events) and providing mentoring assistance and advice.

  • Linking and referring individuals to appropriate services that will help them start and run their own business, including New Business Assistance with NEIS.

More about being an Entrepreneur

Entrepreneurial thinking is about recognising opportunities in the marketplace and understanding how and when to capitalise on them. Becoming an entrepreneur is not necessarily an inherent trait. It takes time to train yourself to use your talents and experience to see opportunities where others do not. This is different to establishing a small business in a more traditional way which is supported by other services.

However, the self-employment rate in Australia is relatively low according to the OECD in 2020: 7th lowest % in the world and this is why we need to learn from countries such as Colombia, Brazil, Greece and Mexico. The number of employed people increased by 111,000 between July and August in seasonally adjusted terms, an increase of 0.9%. Over a similar period, the payroll jobs index decreased by 1.2% (see Weekly Payroll Jobs and Wages in Australia).

The increase in employment, and the difference between the employment and payroll jobs series, can be explained by the strong employment growth for non-employees and the differences in the concepts and scope of the employment and payroll jobs measures. (Strong employment growth for non-employees, 2022)

From a policy perspective, the Entrepreneurship Facilitator Service can help to address the growing call from employers and industry sectors, particularly in regions, where there is evidence of mild to acute labour and skills shortages.

In the Factsheet: Self-employment in Australia in 2021 by AiGroup,

1.388 million people – 10.6% of Australia’s workforce – worked as owner-managers of enterprises with no employees in February 2021. 18% of these solo business owner managers were in the construction industry, 14.5% were in professional services and 10% were in agriculture. 75% of these workers owned an unincorporated enterprise, 62% were male and 43% worked part-time in Feb 2021. (Factsheet: Self-employment in Australia in 2021, 2022)

Support for Self-employment available now through Australia Government

Click here for more info.

Areas for improvement include self-employment for people with disability and new immigrants to Australia, particularly as international borders open up.

And find your local #entrepreneurshipfacilitator here.

https://www.dese.gov.au/entrepreneurship-facilitators/entrepreneurship-facilitators-contacts

Business One Stop Shop

Helping small businesses to grow and thrive

http://www.BOSS.asn.au/
Previous
Previous

Upcoming Events - Oct-Dec 2022